Whilst you cannot discount Gen Y's, you cannot build an organisation around just that demographic. You will need experience to get through the current climate, you need battle scars, people who have survived downturns in the past, and you need mentors for those entering the workforce. I think now is going to be more important than ever. We are going to have people entering the workforce, already confused as to their part in this world. Gen Y's have gone through university with a certain feeling of entitlement, there was a skills shortage remember, the war for talent was well and truly underway. Their career was already mapped out, one company as a stepping stone to the other, 20% increase min each new company, companies falling over themselves to hire them. Now, the world of 2009. Graduate programs getting scrapped, wages getting frozen, job losses everywhere... how did we get this surplus of people? (Recruiters must have been doing one hell of a job!) Their picture of self must have been challenged greatly.
It is not the time for employers to get too excited and get even with the talent market, no matter how tempting it is. We still need to nurture the talent of tomorrow, we still have to keep the stars of today and respect the greats of yesterday. Maybe this new world post 2009 will get rid of these tags, and will work together as survivors of 2009... until the next generation comes along that is.
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