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Generational Differences & Your Total Rewards Strategy

  • Broadcast in Business



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Baby Boomers, Gen Xers, Millennials... does it really make a difference in the workplace?

It seems like we've been talking about this question for ages, and everyone has an opinion. While there are some common themes that transcend generation (e.g., everyone wants leaders who are credible, trust in the workplace is important, etc.), there are substantial differences between generations when it comes to core values, the perception of work, and what each group values most. 


These differences in the perception of work and rewards, in turn, has implications for your total rewards strategy.

In this installment, we'll be talking about these differences in the perception of work and rewards, and what those differences mean for base salaries, pay increases, incentives and benefits.