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The Multi-Generational WorkforceShould It Have an Impact on Total Reward Strategies?Kathy Van Neck, Hewitt AssociatesMaureen Cahill, Hewitt Associates2008 Total Rewards Conference & ExhibitionAgenda The Answer The Buzz The Definitions The Research The Team The AnswerAgainThe AnswerThe multi-generational workforce.Should it have an impact on Total Reward Strategies?Yes, but.it is not the only factor!WARNING: Designing solutions based only on the generational viewpoint, could be hazardous to the health of your Total Reward programs!3The Buzz Lots of media attention focused on the impact of the multi-generational workforce Most suggest that companies need to recognize and address the differences in the generationsFact: Googling “multi-generational workforce” gets over 100,000 hits!4The BuzzWorldatWork Multi-generational Workforce Program Survey, April 2008BRIDGING THE GENERATION GAP; BusinessWeek, September, 2007Four generations now at work. Conflicts arise when perspectives clash, age gap bruises egos, Chicago Tribune, April 2007The Millennials: Why This Generation Will Challenge the Workplace Like No Other, Hewitt Associates, March 2008You Raised Them, Now Manage Them, Fortune Magazine, May 2007Benefit plan design for an increasingly complex workforce, Employee Benefi

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