Generational differences: revisiting generational work values for the new millennium

TLDR

The new millennium brings a new generation of workers, prompting managers to address apparent generational differences in the workplace. The study revisits generational differences and their underlying causes. Survey data from over 350 respondents were analyzed and compared to a 1974 study to assess current generational work values. Results show that generational work values differ, evolve with age, and increasingly emphasize balancing work and personal goals even within the same cohort. © 2002 John Wiley & Sons, Ltd.

Abstract

Abstract As we enter the new millennium and face the entrance of another generation of workers into the changing world of work, managers are encouraged to deal with the generational differences that appear to exist among workers. This paper revisits the issue of generational differences and the causes of those differences. Data were obtained from more than 350 individuals across the country who responded to a request to complete a survey. Current generational differences in worker values are analysed and the results are compared to a similar study conducted in 1974. Results suggest that generational work values do differ. To a lesser degree, the results suggest that work values also change as workers grow older. Finally, the results indicate an increasing desire among American workers to balance work and personal goals. This change in attitude was reflected even within the same cohort group. Copyright © 2002 John Wiley & Sons, Ltd.