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An Analysis of a Multigenerational Workforce

2023
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Artifact Description

A multigenerational workforce in the United States is present in more significant numbers for the first time in history. Five generations are now working together, and organizations are attempting to navigate these challenges to ensure a healthy, positive, productive, and sustainable workforce. If agencies are going to be competitive, they will need to develop new strategies for success. This study was focused on exploring and analyzing the similarities and differences between each generation and the impact of the Baby Boomers delaying retirement. In addition, this study evaluated the unique characteristics of Generation Z and strategies for building a unified workforce. This paper examined the current literature that is available on the similarities and differences between the following generations: Traditionalist, Baby Boomers, Generation X, Millennials, and Generation Z. The literature also examined the positive and negative impact of Baby Boomers delaying retirement, and the positive and negative impact of Generation Z entering the workforce. Finally, the literature examined viable workplace solutions to build a unified multigenerational workforce.The study found that there are more differences between the five generations than similarities and that there is more of a negative impact of Baby Boomers delaying retirement and Generation Z entering the workforce. Finally, the study found that there are many solutions to resolve the issues surrounding a mixed-age workforce and that organizations will need to evaluate the potential options and incorporate the solutions that will best fit the demographics of their workforce. This paper identified potential research gaps to recommend future research opportunities to better assess a mixed aged workforce. A multigenerational workforce can be a powerful tool for the success of an organization, but only if the proper systems and processes are developed and implemented to capitalize on the unique skill set of each generation.

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