Thursday, June 23, 2011

Unhappy Boomers

Baby boomers are more dissatisfied with their employers than workers in other generations, according to a recent survey. They are more likely to lack trust in their companies' leadership and to cite the need for supervisory support and recognition.
By Andrew R. McIlvaine
When it comes to job satisfaction, baby boomers expressed the strongest discontent with their employers and the greatest frustration that their loyalty and hard work has been neither recognized nor rewarded.
One quarter of baby boomers surveyed by Deloitte cited dissatisfaction with their employers as one of the three most significant facts that would cause them to look for new employment during the next 12 months, compared to 18 percent of Gen Xers and 11 percent of millennials.
Part of the reason for the ire of baby boomers may be the intense focus by employers on millennials, says Jeff Schwartz, Deloitte Consulting's global leader for talent, who recently moved from McLean, Va., to India to lead the firm's Human Capital practice for US India and serve as senior adviser to Deloitte India and China.
"There's been a lot of talk about millennials and how they differ from previous generations, but our sense is that in worrying about them, employers may be missing other key segments of the workforce, such as Generation X and boomers," he says.
The most discontent in Deloitte's survey of more than 350 employers worldwide was registered by baby boomers.
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