Gen X & Gen Y

Topics: Demographics, Generation Y, Generation X Pages: 3 (1031 words) Published: July 18, 2010
Generation (from the Latin generāre, meaning to beget), also known as procreation, is the act of producing offspring. Generation can be defined as the entire body of individuals born and living at about the same time. Each generation has its own distinct set of values that is developed from the social environment in their early years. Different generations have different values and beliefs regarding family, career, work-life balance, training and development, loyalty, gender roles, the work environment and expectations of leaders. Demographers have named the different generations around today as Veterans, Baby Boomers, Generation X, Generation Y and Generation Z.Here I’ve tried to analyze Gen X & Gen Y. GEN X The moniker Generation X was coined by Douglas Coupland, who chose the unknown variable “X” to describe a generation that defies definition.Members of Generation X are largely in their 30’s and early 40’s. On the whole, they are more ethnically diverse and better educated than the Baby Boomers. The term “Baby Boomer” is used for people who were born during the demographic post World War II baby boom i.e. between 1946-1964. Generation X commonly abbreviated to “Gen X” is the generation born after the “baby boom” ended i.e. between 1965-1981 Below are a few common characteristics of Generation X.

Individualistic: Generation X came of age in an era of two-income families, rising divorce rates and a faltering economy. Women were joining the workforce in large numbers, spawning an age of “latch-key” children. As a result, Generation X is independent, resourceful and self-sufficient. In the workplace, Generation X values freedom and responsibility. Many in this generation display a casual disdain for authority and structured work hours. They dislike being micro-managed and embrace a hands-off management philosophy. Technologically Adept: The Generation X mentality reflects a shift from a...
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