Gen X isn’t ready to leave the workforce
BBC News looks at how middle-aged workers are holding on to employment while younger workers take career breaks. The report points to two main reasons why many members of Gen X – people born roughly between 1965 and 1980 – are not ready to leave the workforce. It says that many are largely unable to forego a consistent income, while many others have worked hard to build their careers “and may not want to pause that opportunity for continued upward trajectory.” One recent survey of more than 2,000 workers recently laid off at large technology companies found that nearly 9% of Gen Zers and 4.5% of millennials are taking extended breaks after their layoffs, but only 2.6% of Gen Xers planned to take any kind of career pause.
Matthew Pinto-Chilcott – FCIPD, ACEL, Owner, comments: “Well, following the recent articles on Gen Z, it is interesting to see one from the BBC on Gen X, people born between 19665 and 1980. This is my era and I am definitely not ready to retire! These articles on how the different generations see work are interesting as I remember my elders having a job and it was a job for life but nowadays the younger generations like to change and are not afraid to do so on a regular basis. At Consensus HR when we carry out recruitment for some of our clients we now see a range of employers on applicants CV’s / Application forms and for shorter periods of employment. Is it still right to may be see this as a negative from an employer perspective or to now accept that the new generation do not expect to work for you for a long period?”
Some of our previous blogs written on the subject:
· Gen Z workers press ‘detonate’ on their lives.
· UK employers lure Gen Z workers
· Gen Z workers may be feeling the strain more than anyone
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