The Power of Ten - 10 brilliant benefits of the baby boomer workforce

1. Job security: Baby boomers value stability and seek job security, desiring long-term employment and the assurance of a reliable income.

2. Competitive compensation: Baby boomers appreciate fair and competitive compensation that recognizes their experience, expertise, and contributions.

3. Career advancement opportunities: Baby boomers desire opportunities for career growth, including promotions, increased responsibilities, and the ability to utilize their accumulated knowledge and skills.

4. Respect and recognition: Baby boomers value respect for their experience and expertise, seeking recognition for their contributions and the impact they have made throughout their careers.

5. Work-life balance: While not exclusive to millennials, baby boomers also appreciate a healthy work-life balance that allows them to prioritize family, personal commitments, and leisure activities.

6. Meaningful work: Baby boomers seek work that is meaningful and provides a sense of purpose, wanting to make a positive impact and leave a legacy.

7. Mentoring and knowledge sharing: Baby boomers often enjoy mentoring younger employees and sharing their wealth of knowledge and experience, desiring opportunities to pass on their wisdom and expertise.

8. Collaboration and teamwork: Baby boomers appreciate collaborative work environments where they can engage with colleagues, contribute their insights, and work collectively towards common goals.

9. Continued learning and development: Baby boomers value ongoing learning and professional development to stay updated with industry trends, new technologies, and evolving best practices.

10. Retirement planning and support: As baby boomers approach retirement age, they appreciate employer support and resources for retirement planning, such as financial planning assistance and phased retirement options.

Baby boomers, as a generation, have specific desires and expectations from their work. They value job security, competitive compensation, career advancement opportunities, respect and recognition, work-life balance, meaningful work, mentoring and knowledge sharing, collaboration and teamwork, continued learning and development, and retirement planning and support. Employers who understand and address these needs are more likely to engage and retain their baby boomer workforce, leveraging their wealth of experience and expertise. Creating an inclusive and supportive work environment that values the contributions of baby boomers alongside other generations is crucial for organizational success and a harmonious multigenerational workforce.

Note about the author: Andrew Hulbert is a multi-award winning entrepreneur, non-exec director, speaker, author, platelet donor and philanthropist. The ‘Power of Ten’ summarises Andrew’s learnings across the last decade and looks to share some of the valuable mistakes, lessons and learnings during that time. For a succinct summary of Andrew’s career you can visit: https://www.iwfmawards.org/previous-winners/winner-outstanding-contribution-to-workplace-and-facilities-management-2022/. If you’d like to start a conversation, please direct message on Linkedin.