Dec 10 '14

How to retain Generation X employees

Generation X, which author Sylvia Ann Hewlett, Chairman and CEO of the Center for Talent Innovation (CTI), calls a long neglected “middle child,” is comprised of about 46 million people in their late 30s and 40s. These people are the experts and leadership candidates that corporations can rely on to gain competitive advantage in the coming decades, as they are approaching or already in the prime of their lives and careers.

However, a 2011 survey from CTI showed that 37% of Generation X’ers have “one foot out the door” and were looking to leave their current employers within three years. So in order to retain these employees, who may play extremely vital roles within your organization, here are some options that Hewlett has provided:

First, give your Generation X employee(s) the chance to be in charge. Research from CTI found that nearly three-quarters of Generation X’ers prefer to work independently, and that among those who like being their own boss, more than 80% say that the reason is they value having control over their work. These employees work well within situations where conditions are not well defined, or are constantly changing. Placing these workers in charge of high-visibility projects is a way to highlight their abilities.

A second option to retain these employees is to provide a growth path to top leadership positions. Continue reading this article from Sylvia Ann Hewlett here.