Posts Tagged ‘Gen Y’
Another academic year has started, and students around the world are settling into dorm rooms and cracking the spines of new textbooks. But as they clock hours at the library in the hopes that their degree will get them jobs they love, a blog post entitled: “Why Gen-Y Yuppies Are Unhappy”, published on The Huffington Post, is making the rounds on Facebook, telling them that their dreams are misinformed, their generation delusional and entitled. Is Gen-Y lost like everyone says?
New grad blues
I was born in 1986, right in the middle of Gen-Y (roughly defined as those who were born between 1976 and 2000). After graduating from university, I entered the job market in 2008, a year into the global economic crisis. I jumped in to a hands-on, post-graduate programme a year later, mostly for the work experience it provided. I spent six months completing unpaid internships, but I never felt angry that I wasn’t getting the job I ‘deserved’, as the above article suggests is characteristic of Gen-Y. I was genuinely worried about how I would support myself and build a life the way my parents and grandparents had before me. Read the rest of this entry »
KPMG’s recent report examined the tension between the ageing workforce and Gen Y workers, and revealed that older colleagues are postponing retirement plans and intend to work for longer. The report revealed that the younger generation of workers see this as a direct threat on their career progression.
In line with these findings, much has been said in recent times about the UK’s aging population and the impact it will have on employees, employers and the economy. The KPMG report reveals that only 20% of respondents believe employees will want to retain older colleagues in order to learn from their experience.
A report released by Talentsmoothie revealed that during the next decade, the employment industry will see 13.5 million job vacancies in the UK, with only 7 million school and college leavers to fill the positions; this will leave an enormous gap that will need to be plugged. This reaffirms the notion that there is an imperative need for younger employees to learn from their peers. Read the rest of this entry »