Why are businesses having to adapt their incentives for workers?.
write a paragraph or less each question. I will upload the article.
Why are businesses having to adapt their incentives for workers?
Why is there potential conflict between older workers and younger workers?
How is the workplace changing as Generation Y moves into the workforce?
THE NEW INCENTIVES OF GENERATION Y
—rhe workforce is facing a huge generational shift As the population I ages the new generation Generation Y (also knovn as millennia’s) are moving into the workforce Four generations might be working together on a daily basis However such a wide range of ages creates the potential for conflict Older workers often view millennials as entitled impatient and overly casual However millennials also tend to be more tech-savvy collaborative desirous of responsibility and innovative Many companies are already starting to offer different incentives targeted directly to Gen Y priorities including faster promotions and greater work flexibility These motivational factors differ from previous generations—for example millennials tend to prioritize lifestyle over salary MillenniaIs also view several career changes as a likely reality in their work lives Along with altering incentives workspaces are also changing Although millennials view an engaging workplace as most important and meeting-room quality as least important baby boomers rank these items in reverse Millennials prefer casual and fast interactions This is aided by their use of technology, which requires less time and decorum In response many companies are creating shared working environments with less formality and structure However with all the changes occurring in the workplace companies must be careful not to alienate the members of the older generation The challenge is to think about the best way to motivate all individuals working for them and tailor incentives to different styles and preferences With four generations now employed in the workplace companies must be sensitive to what drives each age group and reward them accordingly LI
Discussion Questions 1. Why are businesses having to adapt their incentives for workers? 2. Why is there potential conflict between older workers and younger workers?
3. How is the workplace changing as Generation Y moves into the workforce?