Hewlett, Syvia, 2/17/12
The Labor Department has reported that there has been a small increase in the number of Americans who are quitting their jobs.
Gen X (also referred to as the “middle child”) is one of the generation that will be leaving their current positions. Generally speaking, they are either in the prime of their career, or approaching it and want to lead. With Boomers delaying retirement and so much attention on Gen Y, they have been passed over for promotions and will leave their current company to round out their resumes, and seek leadership positions. We have heard higher numbers than this, but according to the Center for Talent Innovation (CTI), 37% of Gen X have “one foot out the door” and are are looking for new positions.
Here are 4 Steps to Help Retain Qualified Gen X Employees:
1.) Job Rotation: Gen X’ers report once they have learned their role, they want something new and fresh. A Sibson Consulting survey shows that more than 1/2 of Fortune 500 companies have begun shuffling potential leaders to provide them with broader experience within their organizations.
2.) Offer Entrepreneurial Opportunities: Gen X is self sufficient (does the term latchey-kids ring a bell?). 70% of Gen X prefers to work independently and 34% would like to become an entrepreneurs. Offer then entrepreneurial opportunities within your company, instead of loosing them-provide them the chance.
3.) Promote Partnerships: Understanding what motivates each Gen X on an individual level will help your organization promote a healthy, productive culture, as we ll as engage, retain your Gen X employees who drive results.
To Learn About The Employee Engagement Workshop: Engaging the Different Generations, Click Here.
