- Index hide
It is estimated that millennials and centennials They will represent 75 percent of the global workforce.
The centennials they represented 32 percent of the world’s population in 2019 alone.
In Mexico, Generation Z represents 36 percent of the census, according to INEGI.
Times have changed and the practices that in the past were considered normal today for the new generations are not. This can be seen reflected in the companies that are currently managed by people of the generation boomers and in which the majority of its employees are millennials and centennials.
There is currently a generation gap of more than 40 years in most offices around the world, so working conditions are adapted to older generations and not new ones, creating an environment of non-acceptance and adaptation to the new generations that make up the world’s workforce every day.
In Mexico, according to figures from the population census of the National Institute of Statistics and Geography (Inegi) of 2020, the age of people to work (Economically Active Population, PEA) ranges from 15 to 64 years. Where the millennials (between 25 and 39 years old) represent 22.6 percent of the entire population; the centennials (between 15 and 24 years old) are 16.9 percent. Both generations occupy 39.5 percent of the Mexican population.
On the other hand, the smallest of the centennials or GGeneration Z (between 10 and 14 years old) represent 8.7 percent, and will join the labor force in the next five years.
What would companies managed by millennials Y centennials
A TikTok user showed what the future of many companies would be like if in management and executive positions would be led by millennials Y centennials.
The TikTok user, identified as @Chase, shared his thoughts on where the corporate americathat is the term used by young Americans to refer to the business world in that country.
@thecorporatecase We’re getting closer by the day besties #millennials #corporatehumor #wfh ♬ Running Up That Hill (A Deal With God) – Kate Bush
“Where corporate jargon is no longer a thing. Where acronym glossaries are part of your onboarding and PTO (paid time off) is not looked down upon by boomers,” he said in part of the video that has been viewed more than 756 thousand times.
Likewise, the user considered that in a company led by one of these generations It will be taken into account to reformulate the traditional face-to-face work schedule that consists of 8 AM to 6 PM.
“Not feeling well today and need a mental health day? We have it. Don’t have free time, but need an extra day? Not a problem,” she continued, listing things he hoped would happen in future workplaces.
“Soon the boomers will be leaving here and it’s up to us to set the standard,” concluded the publication, since it is estimated that before the end of this decade, the millennials will represent 75 percent of the labor force, followed by centennialswhose management of technology will be increasingly necessary for organizations.
In accordance with Deloitte’s 2019 Millennial Survey 50 percent of these workers are senior executives, heads of department or in senior management team, so it is not strange that the bosses millennials they can help develop a new style of leadership and the formation of better teams in the future.
The TikTok recording garnered thousands of comments, many of them supportive of Chase’s ideas.
“I can feel it coming! Four-day workweeks and fully remote options!” reads one of the comments.
“As manager millennial, is much more accepted now! It will still take a while though…but it will come eventually,” another netizen wrote.
Given this, it cannot be denied that many companies in the world have faced in recent years a fundamental challenge for the survival of any sector, such as successfully integrating the different generations in the same workplace. From work sites, implements and even hours and benefits are resources that many companies are beginning to adapt to the aforementioned generations that increasingly demand better treatment, free from discrimination, exploitation and even better opportunities to live.
Now read:
Impact of emojis on the communication of millennials and centennials
The Gap Between Millennials and Their Dream Jobs Might Not Be That Long
7 benefits of integrating millennials and centennials into the workforce