Gen Y and Boomer

Gen Y and Boomer
(Name)
(Institution)
Gen Y and Boomer
What motivates Baby Boomers and the Gen Y?
Both the Baby Boomers and Gen why are motivated by their desire for incentives in the place of employment such as seeking new experiences, giving back to the society and handling challenging roles.
Why are they similar?
The two generation are similar because they are both seek what Hewlett (2009) refers to as odyssey. They desire to gain new experiences and tasks that involve moving around the world. They involvement in jobs is driven by the desire to discover the meaning of life. Moreover, they value rewards more than the pay package. They also desire to work in companies that value flexibility and stretch their potential and abilities. As a result, they find tasks that enable them to gain knowledge and are challenging to be comforting. Moreover, they desire to work in teams consisting of people from a diverse environment and who committed to their roles. Lastly, they both want to work with the employer who allows them to give back to the society.
What motivates Gen X?
Gen X is motivated by the desire to maximize their pay package
Why? How is Gen X different?
According to Hewlett (2009), they are 23% less likely to see compensation as a source of motivation in their work. Gen X is more traditionally oriented such that they do not value compensation as much as Gen Y and the Boomers. Their inclination to the size of their pay is contributed by the fact that they have a lot of personal and family responsibilities and desire to acquire financial stability.

Are there any differences between different ethnic groups across generations?
There are differences among the ethnic groups from different generations. In their research, Hewlett (2009) talks about the African Americans and the Hispanic ethnic groups, Gen Y, desire systems with altruism more than other ethnic groups. Furthermore, the ethnic groups have varying preferences on communication channels they use. An example is the African Americans young professional preferring one on one communication. They distrust relaying information through email. On the other hand, the young Asian talent is more inclined to using email.
What are companies doing to increase employee satisfaction with the different generations?
Companies have structured their workplace designs in a manner that increases the flexibility of the work and promotes altruism.
Reference
Hewlett, S.A. [Harvard Business Review]. (2009, Aug 3). What Motivates Gen Y and Boomer Talent [Video File]. Retrieved from https://www.youtube.com/watch?v=fVHnug8H1MM