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Factors Affecting Expectations of Gen Y
at the Workplace:
A Study of Delhi / NCR
Authors
Gaurav Wadhwa & Pulkit Gupta
BBA, 3rd Year
Ansal University
Introduction
• Generation Yers, also known as Millennials and Nexters, are
the children of Baby Boomers who are born between 1980
and 1995.
• This generation is confident, independent, and goal-oriented.
Although, technology advances began in the Gen X era.
• Generation Y was born into technology and often knows more
about the digital world than their teachers and parents.
• They are networked, collaborative
and highly social, expecting to be
constantly connected to their social
networks, within and beyond
company boundaries, and to work
within a sociable environment with
other people.
• Gen Y, has forced the organizations to
re-strategize how to attract and retain
star performers as their competitive
advantage in a steadily dwindling
labor market.
• The entrance of Generation Y into the
workforce seems to have begun a
certain level of commotion in the
workplace, as employers scramble to
find out information about them
Objectives
• To analyze the Gen Y expectations from their
workplace.
• To study the factors affecting Gen Y
expectation from their future workplace.
Literature Review
• People of this generation are looking for a
work situation that they can incorporate into the
kind of life they have desired and are building for
themselves. Tulgan (2009)
• Espinoza, Ukleja, & Rusch (2010) suggest the
work-life balance as one of the most celebrated
values of the ‘Millennial’ generation. It means
that they want the meaningful work
Nine proven strategies in order to manage the generation Y
Tulgan (2009) “How to Manage Generation Y”
• Hire them with the right message
• Get them up to speed quickly and turn them into
knowledge workers
• Practice in loco parentis management.
• Help them in understanding their role and responsibilities
in the company and where they fit in your picture
• Get them to care about great customer service
• Teach them how to manage themselves
• Teach them how to be managed by you
• Retain the best of generation Y one day at a time
• Build the next generation of leaders
• Gen Y tends to favor an inclusive style of management, dislike
slowness, and desire immediate feedback about performance
(Francis-Smith, 2004).
• Gen Y is likely to perform best when its abilities are identified and
matched with challenging work that pushes it fully. Speed,
customization, and interactivity two-way non-passive
engagement is likely to help keep Gen Y focused (Martin and
Tulgan, 2004).
• Technically able, highly informed and confident, but lacking
direction, Gen Y is more likely to rock the boat than any prior
generation (Johns, 2003).
• Gen Y is likely to equate job satisfaction with a positive work
climate, flexibility, and the opportunity to learn and grow more than
any prior generation. Compared with other generations, Gen Y
tends to have less respect for rank and more respect for ability and
accomplishment. It is likely to turn down more pay in order to do
work it feels is meaningful at a company where it feels appreciated
(Alati, 2004).
• Gen Y tends to value respect, and want to earn it.
Acknowledgement and freedom to perform as it finds best tend to
matter to Gen Y, too (Dealing with Your New Generational Mix,
2004).
Research Methodology
• This study has been conducted in Delhi NCR among undergraduate and post
graduate students.
• The sample size of the study is 70.
• A survey questionnaire was developed based on the review of literature, titled,
“Survey of Workplace Expectations of Gen Y”.
• The questionnaire had two sections namely: Section I: Demographic profile,
Section II: 20 statements on a five point Likert’s scale.
• The parameters used for the purpose of the study included- job profile, work
environment, remuneration, monetary rewards, workplace flexibility and
employee development.
• The study was carried out in higher education institutions in NCR among
students.
• Data collected for the study was analyzed by using SPSS.
Demographics
Table 1:
Table 2:
Table 3:
• Factor analysis with principal component extraction was applied
with varimax rotation to understand the factor loadings across the
components.
• Cronbach’s alpha was obtained to test the reliability of the data.
• The varimax rotation clubbed the items on 5 components, and
using the Rotated Matrix Component Table, the Factor Loadings
were derived
Factor Loadings
Following 5 dimensions were derived:
• Student Expectations
• Work-related clarity
• Rewards and Benefits
• Work-life Balance
• Employee Development
Proposed Innovative Strategies
From Organisation’s
perspective
• Organisation culture is
the key
• Good corporate
responsibility
reputation
• Organization’s
commitment to the
environment
From Job perspective
• Inculcate Flexibility in
Jobs
• Provide opportunities for
specialization &
development
• Assign challenging
assignments
• Give competitive and
lucrative compensation
• Provide a launch pad for
International career and
overseas trips
• Flexibility for transition
between jobs.
From Leadership’s
perspective
•Encourage competency
development – for future
needs
•Facilitate speed induction and
integration through mentors
•Provide a collaborative &
participatory work
environment
•Encourage empathetic
leadership through constant
feedback, coaching and
mentoring
•Develop binding
communication
•Create customized career
paths
Conclusion
• It can be seen that the organizations must understand the
characteristics of this generation and their perceptions and
desires regarding work and career.
• “Gen Y expects work related clarity, reward and benefits,
work life balance and self-development from their
employers.”
• A major challenge which faces organizations is how to
attract, engage, and retain Gen Y who, because of their
experiences and attitudes toward work, is markedly
different from other generations in their workplace needs
and expectations.
References
• Crocker (June 2010). Generaton Y in Workplace: Managing Challenges. The
Journal of Human Resource and Adult Learning , Vol. 6, Num. 1.
• Hodges. (June 2008). Coping With Different Generations In The Workplace
Elena Comperatore. Journal of Business & Economics Research .
• Sean Lyons. Generation Ys Psychological Traits, Entitlement and Career
Expectations. University of Guelph.
• Martin & Tulgan (2006). Managing the Generation Mix.
• Saxena & Jain (2012). Managing career aspirations of Gen Y. Grater Noida,
India: Mangalmay Institute of Management and Technology.
• Sky Brown, Michael Collins, Christopher Gallerson, Grady Giffin, Jon Greer,
Ray Griffith, Emily Johnson, Kate Richardson (2009). Generation Y In
Workplace.
• NAS.(2006).Generation Y: The Millennials – Ready or Not, Here They
Come.‖
• Yan, Sophia (2006). Understanding Generation Y. The Oberlin Review, 8
December
Thank You

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Expectations of gen y at Workplace

  • 1. Factors Affecting Expectations of Gen Y at the Workplace: A Study of Delhi / NCR Authors Gaurav Wadhwa & Pulkit Gupta BBA, 3rd Year Ansal University
  • 2. Introduction • Generation Yers, also known as Millennials and Nexters, are the children of Baby Boomers who are born between 1980 and 1995. • This generation is confident, independent, and goal-oriented. Although, technology advances began in the Gen X era. • Generation Y was born into technology and often knows more about the digital world than their teachers and parents.
  • 3. • They are networked, collaborative and highly social, expecting to be constantly connected to their social networks, within and beyond company boundaries, and to work within a sociable environment with other people. • Gen Y, has forced the organizations to re-strategize how to attract and retain star performers as their competitive advantage in a steadily dwindling labor market. • The entrance of Generation Y into the workforce seems to have begun a certain level of commotion in the workplace, as employers scramble to find out information about them
  • 4. Objectives • To analyze the Gen Y expectations from their workplace. • To study the factors affecting Gen Y expectation from their future workplace.
  • 5. Literature Review • People of this generation are looking for a work situation that they can incorporate into the kind of life they have desired and are building for themselves. Tulgan (2009) • Espinoza, Ukleja, & Rusch (2010) suggest the work-life balance as one of the most celebrated values of the ‘Millennial’ generation. It means that they want the meaningful work
  • 6. Nine proven strategies in order to manage the generation Y Tulgan (2009) “How to Manage Generation Y” • Hire them with the right message • Get them up to speed quickly and turn them into knowledge workers • Practice in loco parentis management. • Help them in understanding their role and responsibilities in the company and where they fit in your picture • Get them to care about great customer service • Teach them how to manage themselves • Teach them how to be managed by you • Retain the best of generation Y one day at a time • Build the next generation of leaders
  • 7. • Gen Y tends to favor an inclusive style of management, dislike slowness, and desire immediate feedback about performance (Francis-Smith, 2004). • Gen Y is likely to perform best when its abilities are identified and matched with challenging work that pushes it fully. Speed, customization, and interactivity two-way non-passive engagement is likely to help keep Gen Y focused (Martin and Tulgan, 2004). • Technically able, highly informed and confident, but lacking direction, Gen Y is more likely to rock the boat than any prior generation (Johns, 2003).
  • 8. • Gen Y is likely to equate job satisfaction with a positive work climate, flexibility, and the opportunity to learn and grow more than any prior generation. Compared with other generations, Gen Y tends to have less respect for rank and more respect for ability and accomplishment. It is likely to turn down more pay in order to do work it feels is meaningful at a company where it feels appreciated (Alati, 2004). • Gen Y tends to value respect, and want to earn it. Acknowledgement and freedom to perform as it finds best tend to matter to Gen Y, too (Dealing with Your New Generational Mix, 2004).
  • 9. Research Methodology • This study has been conducted in Delhi NCR among undergraduate and post graduate students. • The sample size of the study is 70. • A survey questionnaire was developed based on the review of literature, titled, “Survey of Workplace Expectations of Gen Y”. • The questionnaire had two sections namely: Section I: Demographic profile, Section II: 20 statements on a five point Likert’s scale. • The parameters used for the purpose of the study included- job profile, work environment, remuneration, monetary rewards, workplace flexibility and employee development. • The study was carried out in higher education institutions in NCR among students. • Data collected for the study was analyzed by using SPSS.
  • 11. Table 3: • Factor analysis with principal component extraction was applied with varimax rotation to understand the factor loadings across the components. • Cronbach’s alpha was obtained to test the reliability of the data. • The varimax rotation clubbed the items on 5 components, and using the Rotated Matrix Component Table, the Factor Loadings were derived
  • 13.
  • 14.
  • 15. Following 5 dimensions were derived: • Student Expectations • Work-related clarity • Rewards and Benefits • Work-life Balance • Employee Development
  • 16. Proposed Innovative Strategies From Organisation’s perspective • Organisation culture is the key • Good corporate responsibility reputation • Organization’s commitment to the environment From Job perspective • Inculcate Flexibility in Jobs • Provide opportunities for specialization & development • Assign challenging assignments • Give competitive and lucrative compensation • Provide a launch pad for International career and overseas trips • Flexibility for transition between jobs. From Leadership’s perspective •Encourage competency development – for future needs •Facilitate speed induction and integration through mentors •Provide a collaborative & participatory work environment •Encourage empathetic leadership through constant feedback, coaching and mentoring •Develop binding communication •Create customized career paths
  • 17. Conclusion • It can be seen that the organizations must understand the characteristics of this generation and their perceptions and desires regarding work and career. • “Gen Y expects work related clarity, reward and benefits, work life balance and self-development from their employers.” • A major challenge which faces organizations is how to attract, engage, and retain Gen Y who, because of their experiences and attitudes toward work, is markedly different from other generations in their workplace needs and expectations.
  • 18. References • Crocker (June 2010). Generaton Y in Workplace: Managing Challenges. The Journal of Human Resource and Adult Learning , Vol. 6, Num. 1. • Hodges. (June 2008). Coping With Different Generations In The Workplace Elena Comperatore. Journal of Business & Economics Research . • Sean Lyons. Generation Ys Psychological Traits, Entitlement and Career Expectations. University of Guelph. • Martin & Tulgan (2006). Managing the Generation Mix. • Saxena & Jain (2012). Managing career aspirations of Gen Y. Grater Noida, India: Mangalmay Institute of Management and Technology. • Sky Brown, Michael Collins, Christopher Gallerson, Grady Giffin, Jon Greer, Ray Griffith, Emily Johnson, Kate Richardson (2009). Generation Y In Workplace. • NAS.(2006).Generation Y: The Millennials – Ready or Not, Here They Come.‖ • Yan, Sophia (2006). Understanding Generation Y. The Oberlin Review, 8 December