Concept explainers
Case summary:
The case explains about the Generation Y people who were between the year 1980 and 2001. They are the successors to baby boomers who are at their retirement stage. These Gen Y people are said to be tech-savvy, achievement-oriented and attention craving.
Gen Y people are said to possess a sense of entitlement which makes them have numerous expectations when comparing other employees. They expect recognition, higher pay, periodic pay rise, generous vacation and personal time. Gen Y employees anticipate immediate feedback and validation for their work.
Gen Y employees seem to be tension centric due to their achievement-oriented attitude. Concerned about this issue, many companies like company G had allowed their employees to work on their own preferred project for one day a week. Company SM has provided flexibility to the employees by allowing them to work from their home and has implemented the concept of floating office.
To determine: Whether there can be a different set of
Want to see the full answer?
Check out a sample textbook solutionChapter 12 Solutions
STRATEGIC MGMT LL CASEBOOK W/CONNECT
- What is meant by the term employee retention in employment empowerment ?arrow_forwardExplain how changing demographics of the work force are affecting staffing and recruiting efforts for retail sales and management positions.arrow_forwardResearch has shown a consistent wage gap between men and women, even when education and professional experience between them are equivalent. What factors contribute to this disparity?arrow_forward
- How will the workforce be changed and challenged from recruitment to retirement because of this "act of god".arrow_forwardDo demographic factors affect the discretionary benefits of the company's workforce?arrow_forwardWhat is employment at will? Comment on the positive and negative characteristics of this concept.arrow_forward
- Think about the Family and Medical Leave Act (FMLA) from the perspective of a working department manager. How has this legislation affected the manager’s ability to manage? Now think about FMLA from the perspective of the employee. Do you have any frustrations with FMLA? Do you think it is sufficient?arrow_forwardDescribe in 3 to 5 paragraphs the employment status of Seasonal Workers in the Philippines. Thank you.arrow_forwardOn employment practices in family firms: discuss the competing views about whether family firms are great places to work.arrow_forward
- An interactinal analysis suggests that women in low-wage work may also experience a more severe motherhood penalty. True Falsearrow_forwardSolve the attachmentarrow_forwardWhich of the following may be used to analyze and understand how long a person might live in retirement? Marital status Age and work life balance New diseases O Population trendsarrow_forward