Multigenerational Teams in Manufacturing

The manufacturing industry is experiencing a pressing, double-edged problem: it struggles with filling new positions, while 5% of the existing workforce is already beyond retirement age—and an additional 20% will reach retirement age within the next decade.¹ As a result of this human capital conundrum, it has become even more important for manufacturing companies to ensure that knowledge transfer, retention and upskilling occur. Multigenerational teams, defined as a collaborative working group made up of employees from different generations, are one of the best ways to accomplish this. The benefits of multigenerational teams include increased diversity of thought; boosted creativity and productivity; and greater mentoring and learning opportunities.
 

Read the full report here
 

My company utilizes multigenerational teams in order to:

^{1 — U.S. Bureau of Labor Statistics, January 2021 Employed Persons by Detailed Industry and Age}