ADP Pro Client Conference - Managing The Future: in 2018 & Beyond Multi-Generational Workforce
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ADP Pro Client Conference Managing The Future: Multi-Generational Workforce in 2018 & Beyond Tiffany Glenn & Julissa Villalona, ADP HR Leadership Team Copyright © 2017 ADP, LLC. Proprietary and Confidential.
Managing a Multigenerational Workforce I Our Speakers Tiffany Glenn Julissa villalona Tiffany has served in a variety of HR roles for almost two decades. She Over the past 6+ years, Julissa has served in a variety of HR Roles possesses strong expertise in campus recruitment, performance across both field and corporate functions. Julissa brings a diverse management, diversity and inclusion, compensation planning, talent background of skills and experience in supporting large multi-national, management, leadership development, change leadership, and Fortune 300 companies. Julissa has a proven ability to impact the organizational design and effectiveness. businesses she supports driving key initiatives to accelerate operational efficiencies and business growth. Tiffany holds a Master’s Degree in Human Resources from Roosevelt Julissa graduated from Fairleigh Dickinson University with a Bachelors University, and a Senior Professional In Human Resources Certification. in Business Management, and keeps close ties to the university as a member of their Human Resources Advisory Board. Tiffany joined ADP in May 2012 and is currently the Vice President, Julissa joined ADP in April 2017 and is currently aligned to our Major Human Resources to our Major Accounts Services Organization. She Accounts Services Division. She currently is a Manager, Human is responsible for partnering with business leaders to drive human Resources Business Partner. 2 capital strategies across this organization. Copyright © 2017 ADP, LLC. Proprietary and Confidential.
Managing a Multigenerational Workforce I Our Agenda 1. Talent Landscape 2. The Generations 15 Minutes 30 Minutes 3. Organization Best 4. Q & A Practices 15 Minutes 15 Minutes 3
The Talent Landscape The Future of Work is Now Copyright © 2017 ADP, LLC. Proprietary and Confidential.
The Talent Landscape I Diversity is Multi-Dimensional Race Gender Ethnicity Age Nationality Religion Sexual Values Personality Disability Orientation Language Physical Marital Status Lifestyles Beliefs Appearance Geographic Economic Education Organizational Thought 5 Origin Status Tenure or Level
The Talent Landscape I Generational Transformation 34% 32 31 2 % % 0 3 % 1 Traditionalist Boomer Gen X Gen Y 5 75% 20% 2 5% 0
The Talent Landscape I Labor Transformation 10
The Talent Landscape I Key Workforce Trends Retirement Artificial Uncertainty intelligence Education GEN Y & Z 11
Anatomy of “The Generations” Who Are They? Copyright © 2017 ADP, LLC. Proprietary and Confidential.
The Generations I Character Themes TRADITIONALISTS BOOMERS GEN X GEN Y (Millennial) GEN Z Timeframe 1924 - 1944 1945 - 1960 1961 - 1980 1981 - 1995 1995 - 2012 3% 31% 32% 34% Currently employed in % in U.S. Workforce either PT jobs or new apprenticeships Formal etiquette, good Ask them – don’t tell Keep it brief; pertinent Keep it real, Real time; text and Communication grammar them info only interactive “FaceTime” are okay Focus on experience Acknowledge Focus on group Focus on meaning and Development Let them drive it and long-term goals accomplishment learning; edu-tain short-term goals Coaching & Other GenYers or Diversified, many, and Respected leaders Friendly equals Demonstrated authority Mentoring Traditionalist constant interaction Subtle – no news is Formal, periodic, Immediate, candid, and Feedback Frequent Immediate good news well-documented crowdsourced Recognition of a job Work that has Flexibility and diversified, Reward Money, title, praise Freedom and flexibility well done meaning meaningful work Attitude Toward Jobs are for life Organizational – Early “portfolio” careers – Digital entrepreneurs Career multi-taskers – will Career careers are defined loyal to profession, not – work “with” move seamlessly between 13 by employers necessarily to employer organizations, not organizations and start- “for” ups
The Generations I COMMUNICATION Preferences Who Said It? A. Traditionalist 1924 - 1944 1. Send me a text or email B. Boomer 2. If you could go ahead and 1945 - 1960 streamline that message for me in an email, that would be great! C. Gen X 1961 - 1980 3. OMG, ROTFL, LMAO, IDK! 4. Face to face meetings D. Gen Y (Millennial) and good grammar are 1981 - 1995 important to me; I need 5. Let’s talk live you in the office every or I can just E. Gen Z day call you 1996 - 2015 14
The Generations I CAREER Preferences Who Said It? A. Traditionalist 1924 - 1944 1. I LOVE WHAT I DO, BUT THIS COMPANY WON’T DEFINE ME – My career defines me B. Boomer 1945 - 1960 2. I am working 3 jobs, all on my OWN time – no 9a to 5p is going C. Gen X to tie me down! 3. I’ll do WHATEVER 1961 - 1980 MY COMPANY NEEDS ME 4. I am staying at this TO DO – EVEN SACRIFICE company until I land the MY OWN DESIRES D. Gen Y (Millennial) 1981 - 1995 top job – no matter how long it takes 5. LET’S WORK TOWARDS A E. Gen Z COMMON GOAL TOGETHER; 15 1996 - 2015 Purpose is important to me
The Generations I CAREER Preferences MYTH B U S T E R S STATEMENT: Millennials have a tendency to “job hop,” with the majority moving from company to Gen Y (Millennial) company 1981 - 1995 ANSWER: False! 16
The Generations I REWARD Preferences Who Said It? A. Traditionalist 1. Give me work that matters to the world; I 1924 - 1944 want to make a difference B. Boomer 1945 - 1960 2. GIVE ME AUTONOMY & FLEXIBILITY; GIVE ME SPACE C. Gen X TO GET MY WORK DONE 3. Recognize me - 1961 - 1980 adjust my title – 4. I want my manager to tell me when I have done It means alot D. Gen Y (Millennial) 1981 - 1995 a good job; if this is in front of an audience, 5. Give me meaningful work even better & flexibility; I don’t want E. Gen Z 17 1996 - 2015 to be tied down to 9 to 5
The Generations I FEEDBACK Preferences Who Said It? A. Traditionalist 1924 - 1944 1. Talk to me face to face routinely & document everything B. Boomer 1945 - 1960 2. Give me real time feedback 3. Frame feedback C. Gen X 4. I want to know carefully; i 1961 - 1980 when I’m not doing haven’t always well; otherwise let me received it do my job and get out D. Gen Y (Millennial) frequently 1981 - 1995 of my way E. Gen Z 5. Give me feedback immediately 18 & 1996 - 2015 ideally from multiple stakeholders
The Generations I Millennial Development Preferences & Trends *Millennials will occupy 75% of the global workforce by 2025* Trend 1: Millennials lack confidence in identifying what to learn Trend 2: Millennials value network learning but do not always seek peer feedback Trend 3: Millennials value on-the-job learning Trend 4: Millennials are more likely to value and seek manager feedback Trend 5: Formal learning is equally valued by millennials and other employees D. Gen Y (Millennial) 1981 - 1995 Trend 6: Millennials lack confidence in their ability to apply skills 19 Source: CEB - “Effectively Developing Your Millennials – March 23, 2015
The Generations I Key Questions Do you have a strategy to ma Do you have a strategy to manage a multigenerational workforce? multi-generational workforce? • What are you focused on? • How do you know it’s effective? What are you focused on? How do you know it’s effective? 20
What Actions Are Organizations Taking? Best Practices Copyright © 2017 ADP, LLC. Proprietary and Confidential.
Common Best Practices TALENT TOOLS & TECH Surveys STRUCTURE Talent BENEFITS CommS Mix Development ACTIVATION ✔Focus on ✔Easy ✔Engagement ✔Multi-gen work ✔Enable ✔Mixed ✔Live town career planning & application surveys teams: associates to incentive plans & halls, knowledge process for & leader quality strategically pair participate in work webinars, transfer candidates surveys different cross-functional assignments teleconference generations on projects outside ✔Encourage self- ✔Collaboration ✔Include non- project teams – their “day jobs” ✔Remote ✔Paper, paced tools (e.g., traditional maximizes (and pay them working electronic development Webex, Skype, questions, e.g., innovation, for internal gigs) arrangements materials Bluejeans) preferred comm knowledge base & ✔Frequent style, career balances ideas ✔Edu-tain ✔Unlimited PTO ✔Text, email feedback – all path preferences employees - ✔Advance pay through automated ✔Tuition & processes student loan assistance ✔Reverse Mentoring ✔ Gym membership
The Generations I Common Denominators Solutions to managE #multigen Meaningful Work Feedback Recognition Development & Variety Manager- Benefits of Experiences Employee Mix Relationship 23
The Generations I Key Questions Do you have a strategy to ma What best practices have you employed in your organization? multi-generational workforce? • What do you think is missing? What are you focused on? How do you know it’s effective? 24
Now that you KNOW, what will you DO? Developing Your Action Plan Copyright © 2017 ADP, LLC. Proprietary and Confidential.
Steps to a WINNING Workforce Assessment 1 2 3 4 5 Data Data Study Your Action METRICS & Revisit Data! Current Planning Tracking Plans State 26
ACTION PLAN… Managing A Multigenerational Workforce WHAT ARE YOU GOING TO DO ABOUT IT? Start Date End Date Timeline Action Plan (Summarize what ONE thing you want to take action on walking out of here. You may consider starting with what you perceive to be not only your biggest gap, but a potential company performance derailer in the future). EXAMPLE: I will assemble a cross-functional team to address our turnover issue across millennials which will be responsible for reviewing our turnover, engagement survey and exit interview data, speak to a group of existing millennials, and develop actions to reduce turnover. SPONSOR CHAMPIONS REQUIRED TOOLS TEAM MEMBERS MEASUREMENTS What specific senior-level Who are the key people across your What tools/systems will you need for Names of those who will be How will you measure success? individual(s) will you select for organization that you will want to select this to be successful? responsible for actually “doing” the sponsoring this project? (e.g., as champions to ensure this plan is work CEO, COO, etc.) successful? Copyright © 2017 ADP, LLC. Proprietary and Confidential.
Managing a Multigenerational Workforce I Questions? Tiffany Glenn Email: tiffany.glenn@adp.com Julissa Villalona Email: Julissa.villalona@adp.com 28
APPENDIX Copyright © 2017 ADP, LLC. Proprietary and Confidential.
The Product I WFN Features 30
The Product I WFN Features 31
The Product I WFN Features 32
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