In a first for modern times, four generations—baby boomers, Generation X, millennials, and the first half of Generation Z—now coexist in the workplace. This multigenerational workforce poses a unique challenge for managers, as each generation brings distinct motivations and priorities to their professional lives.
Toronto-based HR platform Humi has released fresh data shedding light on the workplace preferences and priorities of Canada’s multigenerational workforce. The survey results challenge many common stereotypes, highlighting shared values and some surprising differences between generations.
While flexible work hours, a sense of achievement, and company culture were found to be top priorities for employees across all generations, notable differences emerged in areas such as work environment preferences and the importance placed on job security and professional development.
The report revealed key generational divides in their preferred working environments. Baby boomers, Generation X, and Gen Z showed a preference for mostly in-office work with occasional remote days, with 44 percent of Gen Z and around 30 percent of Gen X and baby boomers leaning towards this setup. In contrast, millennials (36.8 percent) preferred a mostly remote work arrangement with occasional office visits.
When it comes to job security, the survey found that it is most valued by Gen Z, with more than half (54 percent) considering it a must-have. This priority decreases with age, as 43 percent of millennials, 41.7 percent of Generation X, and 35 percent of baby boomers identified job security as a critical factor.
As workplaces navigate the complexities of accommodating diverse generations, understanding these differing preferences can help bridge the gap and enhance job satisfaction across the board. Humi’s survey offers managers and employers a clearer perspective on how to foster productivity and engagement in today’s evolving workplace.
“Every Canadian deserves a work environment they can trust and excel in, and this starts with employers listening to their employees’ needs and preferences,” said Courtney Lee, VP, People at Humi.
“While it may seem daunting to manage a multigenerational workforce – and there are always nuances that need to be considered – employers should focus on shared core values that transcend generations to increase job satisfaction and empower managers to connect with team members one-on-one to tailor their experience as needed.”