‘Work hard, stay loyal, and the system will reward you’: the Boomer credo is a Gen X betrayal and a Millennial pipe dream
A new report from O.C. Tanner, based on surveys of over 5,700 employees globally, identifies four distinct "generational contracts" that shape how different age groups approach work. These contracts are unspoken agreements formed by individuals based on their experiences entering the labor market. The report highlights that Baby Boomers entered an "industrial contract" where loyalty and long tenure were rewarded with security, a stark contrast to the experiences of Millennials and Generation X, leading to significant communication and expectation gaps in today's multi-generational workplaces. AI
