Pexels Andrea Piacquadio 3823542
  • Publish Date: Posted 4 days ago

Is your workforce multi-generational enough?

​Have you ever thought about the benefits of having a multi-generational workforce? Dismantling ageism is an often-overlooked facet of diversity and inclusion. But accountants of every age have their own strengths to offer; if you don’t have a good mix of ages in your firm, you’re missing out on a vital advantage. Baby BoomersThis generation was born between 1946 and 1964. The oldest members are past the traditional retirement age, but under the Equality Act of 2010, age is a protected characteristic, and older people who still want to work can’t legally be forced to retire. While no two accountants are the same, boomer accountants tend to bring the following positive qualities to the table:●     Exceptional work ethic●     Competitive●     Democratic●     Great team players●     Tell it like it is–and want you to do the same Generation XBorn between 1965 and 1981, this generation is likely to form much of your senior leadership team, so their personality traits are probably echoed in the culture and values of your firm. Gen X accountants tend to be:●     Entrepreneurial●     Self-reliant●     Efficient●     Empathetic and emotionally intelligent●     Like informal but informative communication Millennials/Gen YBorn between 1982 and 1994, these accountants are now starting to move up into senior leadership and have brought a gale of fresh air into the workplace. They tend to be:●     Great multi-taskers●     Creative●     Enthusiastic●     Ambitious●     Open and receptive to feedbackHaving grown up during the digital revolution, they’re innovators who believe anything’s possible. Gen Z/ZoomersBorn between 1995 and 2012, these digital natives are just entering the world of work, and are very different from millennials. They tend to be:●     Pragmatic●     Full of initiative●     Brilliant collaborators●     Not bound by traditional ways of workingCombining the powers of these four generations will give you a diverse, effective and profitable workforce. How many are represented in your organisation?

Share this Article
Back to Blogs

Have you ever thought about the benefits of having a multi-generational workforce?

Dismantling ageism is an often-overlooked facet of diversity and inclusion. But accountants of every age have their own strengths to offer; if you don’t have a good mix of ages in your firm, you’re missing out on a vital advantage.

 

Baby Boomers

This generation was born between 1946 and 1964. The oldest members are past the traditional retirement age, but under the Equality Act of 2010, age is a protected characteristic, and older people who still want to work can’t legally be forced to retire. While no two accountants are the same, boomer accountants tend to bring the following positive qualities to the table:

     Exceptional work ethic

     Competitive

     Democratic

     Great team players

     Tell it like it is–and want you to do the same

 

Generation X

Born between 1965 and 1981, this generation is likely to form much of your senior leadership team, so their personality traits are probably echoed in the culture and values of your firm. Gen X accountants tend to be:

     Entrepreneurial

     Self-reliant

     Efficient

     Empathetic and emotionally intelligent

     Like informal but informative communication

 

Millennials/Gen Y

Born between 1982 and 1994, these accountants are now starting to move up into senior leadership and have brought a gale of fresh air into the workplace. They tend to be:

     Great multi-taskers

     Creative

     Enthusiastic

     Ambitious

     Open and receptive to feedback

Having grown up during the digital revolution, they’re innovators who believe anything’s possible.

 

Gen Z/Zoomers

Born between 1995 and 2012, these digital natives are just entering the world of work, and are very different from millennials. They tend to be:

     Pragmatic

     Full of initiative

     Brilliant collaborators

     Not bound by traditional ways of working

Combining the powers of these four generations will give you a diverse, effective and profitable workforce. How many are represented in your organisation?

Latest Blogs

View All Blogs
Pexels Andrea Piacquadio 3770382
Top Ways to Attract The Right Accountancy Staff for Your Small Firm

​As a small accountancy firm, you might find it difficult to attract and hire new staff. This is because the entire recruitment process can be daunting, especially if you have a number of larger ac...

Pexels Tima Miroshnichenko 5717512
The Struggles Facing Finance Directors in 2022

​UK finance directors may have faced the toughest year of their careers in 2020–between Covid, Brexit, and the consequent supply chain issues and soaring material costs–but two years on, many are ...

Dsc05624
Join the Sewell Wallis team!

We Are Sewell Wallis​​We’re delighted to announce that we have a number of exciting new roles available at our offices in Sheffield and Leeds. We are expanding and are currently looking for experie...

945c28487bbb5ce171be31dcd5188b67
​The mental health challenges of remote working – how can finance professionals avoid burnout?

​The Covid-19 pandemic has turned the world of work on its head. Remote working was the only option for many businesses during numerous lockdowns, but 66% of UK firms continued with it after restri...

Firmbee Com Jrh5l Aq M Is Unsplash (1)
​Accountancy charity offers guidance to counter rising workplace stress

​According to the charity CABA, which supports the wellbeing of the chartered accountant community, stress is a major problem within the industry – and the Covid-19 pandemic has only made things wo...

Northfolk Ok76 F6y W2i A Unsplash (2) (1)
Are You ready for UK SOX?

​The UK SOX act is on its way, and it could mean big changes for a lot of businesses and organisations. The act will mandate certain practices in financial record keeping and reporting to protect i...

Sewell Wallis   Insta (1)
How to write a good CV as a Credit Controller

​Looking for your next opportunity in finance? Every successful job hunt starts with a perfectly honed CV.A great CV for a credit controller is one that:Shows off your core skills and strengthsHelp...

Sewell Wallis   Insta
Looking for a new finance role? How to use LinkedIn to attract your dream employer

​If you’re actively seeking a new career challenge in accountancy and finance, LinkedIn could be the perfect place to find it. The professional networking platform has almost 740 million users worl...

Untitled Design (9) (2)
Working in finance - Long terms plans post-covid

​The COVID-19 pandemic has turned the traditional world of work on its head. The changes born out of necessity have affected nearly all industries, including finance.A particularly pressing issue f...

Copy Of Sewell Wallis
Everything you need to know about IR35 as an interim finance professional

​The new IR35 rules for off-payroll working have been delayed due to the COVID-19 pandemic, but are due to come into effect in April 2021.If you work in finance and provide services to your clients...

Untitled Design (9)
How to successfully build and maintain a high performing finance team

​Your finance team aren’t just number crunchers, and nor do they operate in isolation from the rest of the business.If you can find the right people and work hard to maximise their productivity, yo...

Adobe Stock 107931662
Why graduates are choosing recruitment

​Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ...