As older baby boomers retire in droves, younger
generations are beginning to fill today’s workforce. But these new generations
have vastly different values than older generations did – which makes sense given
rapid technological advances and inevitable cultural shifts. For those who may
not know, the two newer generations are Generation Y (aka millennials) and
Generation Z. According to the Pew Research Center,
millennials are born between the years 1981 and 1996; Gen Z is anyone born
Having multiple generations in the workforce at once is nothing new. One generation retires and another enters right behind them. Even though companies have always dealt with this, the differences seem to be increasing relating to values, communication, and work habits. With rapid technological advances, these differences appear more prominent between the baby boomers through the millennials. So how should companies handle all of the differences between these generations? (more…)
Many industries in the U.S. are full of family businesses, and the insurance agency arena is no exception. With that come the joys and challenges of families working together. I’ve had the pleasure of experiencing that both as “the new kid” working with my father, and now as “the old guy” with two of my sons in the office.
As a quick aside, as I focus on the family nature of our business, I don’t want to discount or exclude the importance of the rest of our staff. We have been blessed with some outstanding employees who don’t share our last name but have been key to our success. For that, I am also forever thankful.