Don't underestimate the value of age diversity
Our current workforce represents 5 generations:
➡️ The Silent Generation (1925 - 1945)
➡️ Baby Boomers (1946 - 1964)
➡️ Generation X (1965 - 1980)
➡️ Generation Y/Millennials (1981 - 1995)
➡️ Generation Z/iGen (1996 and later)
Why so many generations? People are working longer because they are healthier and living longer. Many of the older generations work longer because they want, or because they are not in a position to retire or are still financially supporting their children who are still living at home in their 20s or 30s.
Age diversity is an acceptance of different ages in the workplace. Many of the D&I discussions still tend to focus on adding diversity through gender and ethnicity. Without doubt these factors are very important, however age diversity is equally important.
Age diversity has a number of benefits. To mention a few key ones:
➡️ Can reduce employee turnover
➡️ Improves performance
➡️ Drives innovation
➡️ Offers mentorship opportunities
Does your company embrace all ages?