The Multi-Generational Workforce
Should It Have an Impact on Total Reward Strategies?
Kathy Van Neck, Hewitt Associates
Maureen Cahill, Hewitt Associates
2008 Total Rewards Conference & Exhibition
Agenda
The Answer
The Buzz
The Definitions
The Research
The Team
The Answer…Again
The Answer
The multi-generational workforce。..Should it have an impact on Total Reward Strategies?
Yes, but...
it is not the only factor!
WARNING: Designing solutions based only on the generational viewpoint, could be hazardous to the health of your Total Reward programs!
The Buzz
Lots of media attention focused on the impact of the multi-generational workforce
Most suggest that companies need to recognize and address the differences in the generations
Fact: Googling“multi-generational workforce” gets over 100,000 hits!
The Buzz
WorldatWork Multi-generational Workforce Program Survey, April 2008
BRIDGING THE GENERATION GAP; BusinessWeek, September, 2007
Four generatio
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