Not sure where to start?
Download 7 Tips When Switching HR and Payroll Companies, for free.
Get the guide
Stay in the loop!
To ensure you don't miss informative, industry-relevant posts, subscribe to the Paycom Blog.
Workplace Communication Across Different Generations
Managers face many difficult challenges in the workplace, but one obstacle that often is overlooked is the need to communicate with up to four different generations in a single office setting. From the 18-year-old intern to the 72-year-old seasoned professional, human resources professionals need to find a balance between them and a method of expression […]
What Do Millennials and Today’s CEOs Have In Common?
HR industry experts have devoted a lot of time and research into demystifying millennial employees, only to discover that this younger generation has more in common with mature, seasoned employees than once thought. This is especially true when it comes to the desire for day-one productivity. The C-suite values new hires who can become contributors […]
5 Steps to Growing Future Leaders
As baby boomers retire and thriving companies encounter rapid growth, one issue facing organizations today is the ability to identify new leaders. Leadership is a skill that’s not quickly or easily taught. It requires experience, coaching and formal training. Unfortunately, the time and financial investment required to build up an organization’s future leaders can become a […]
The Millennial Expectation of Technology in the Workplace
Tom Brokaw has called them the “greatest generation since the “Greatest Generation.” They have had more screen time than any other generation in history. They are millennials, and they are no longer the up-and-coming generation. This group of people – born between 1980 and 2000 – already has grabbed the wheel and are driving today’s […]
Why Top Millennial Talent Won’t Commit to Banking as a Career (and How to Fix It)
For decades, MBAs and banks were the perfect match. But now, a generational workforce shift has left banks stumped on how to engage millennial talent, who feel like the thrill is gone.
3 Ways in Which Millennials Are Shaping a New Working World
Whether HR professionals and executives realize it or not, the workplace is changing. Baby Boomers are slowly beginning their exit from the workforce and millennials are filling the vacancies. In fact, research from the Pew Research Center indicates that millennials are now the largest age group in the U.S. labor force.
Building Leaders Today for a Better Tomorrow
I am hard-pressed to make sense of the hesitation organizations have for building stronger leadership pipelines. In a recent Bersin by Deloitte study, organizations cited leadership as one of the most important challenges, yet only 6 percent are confident their organization is “ready” to make a change. Here is where I struggle: If we say leadership development is important, then why aren’t more companies taking initiative? The real answer is that many companies confine leadership to the “exclusive” few, failing to make long-term investments and neglecting to construct a larger leadership pipeline at all levels.
Passing the Baton: From Baby Boomers to Generation X
For years now, members of the Baby Boomer generation have been running operations at major corporate entities, but recent data suggests that the workforce is changing and so too is its leadership. According to a recent Gallup poll, 31 percent of today’s workforce is approaching or reaching 61 years of age – the average age of retirement – or 65 – the traditional retirement age. With impending retirement threatening the frontlines, businesses need to prepare for new leadership to take reign. Enter Generation X.
Preparing for Gen Z
A new generation will soon be entering the workforce, specifically referred to as, Gen Z (those born between 1995-2009) or the connected generation; whatever you call them. This group of digital wiz kids is a new breed of employee, never knowing life without high-speed internet, smartphones and unlimited access to media technologies. If you’re down and out trying to manage millennial workers, just wait until Gen Z starts knocking on your door.
The Five-Step Plan for Millennial Workers
Ready or not, millennials are storming the workforce, most with a hunger to make it to the front lines and quickly. By 2020, they will make up almost half of workers nationwide. While arguably overeager, millennials aren’t a generation to overlook. Rather than dismissing these estimated 80 million Americans for weaknesses real or perceived, employers should consider leveraging their strengths in addition to developing those deficits.