This powershift is due in part to backlash from massive corporate layoffs and
downsizings that affected their parents. These twentysomethings see no need for
company loyalty, and generally are not interested in many of the issues of their
predecessors, according to recent surveys. Loyalty is reserved for the art of making as
much money as possible, as fast as possible, while enjoying the process. This group is
not shy about asking for what they want, and they usually get what they ask for. This is
further complicated by the fact that this group is electronically well connected to their
contemporaries so information flows freely across industries. Instant gratification is their
focus, and most know what’s going on inside other companies when it involves giving
perks.
Consequently, managers need to have a general knowledge of the types of requests they
may encounter. Consultants report that many companies make pre-graduation job offers
as early as a year prior to graduation. Also, sign-on bonuses, future earnings potential,
self-set work schedules, casual dress, and pets in the office make the top ten request list.
Items such as capuccino machines and full size refrigerators round out the list. Yes,
managers may find it necessary to make similar concessions if they want to attract top
performers.
But, there is another side to the issue of accommodating this group. Experienced, senior
staff become disgruntled when they discover that new hires earn more than they do.
Therefore, managers must balance accommodation against provocation. This is a
formidable task . Prepare for it by getting as much information as possible on this new
type of worker. There are seminars, books and consultants available to assist you. The
Manager’s Pocket Guide to Generation X by Bruce Tulgan is a good starting point
for dueling with your gold collars.
Minority Career Network
Managing The New Workforce
The new workforce of the approaching new millennium is comprised of young,
highly educated workers. They have been dubbed gold collar rather than
white collar workers because they are leveraging high salaries along with
unparalleled perks. Managers must realize that the rules have changed, and a powershift
has occurred if they want to hire the best and the brightest in today’s tight labor market.
Managers must make concessions in order to attract and retain this group.
by MCN Staff
Newsletter Index
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