Nowadays several working force generations co-exist on the labour market and in organizations. The majority of employees belong to »Baby boom«, X and Y generations. Each of these three have their own values, beliefs and behaviour, shaped up during the last 60 years of societal development and are therefore quite different. Consequently, the way, how to concomitantly lead, motivate and reward the members of different generations, in order to keep them successful and competitive, and thereby create working conditions attractive to newly employed, represents a big challenge for each organization.
According to a number of authors, the Y generation is the first that substantially differs from the previous ones. In my master’s thesis I have first defined key characteristics of all three, currently labour market-prevailing generations, then summarized the results of published studies regarding their motivational factors and finally examined whether in this sense, the Y generation actually substantially differs from the other two, i.e. »Baby boom« and X. In the empirical part of the thesis, I explored, by using internet survey, which are the most motivational factors for the members of the Y generation. I found that they have higher expectations regarding the starting salary and promotion rapidnes than the members of the other two generations. However, interestingly, there was no substantial difference regarding the importance of the work-life balance between the members of all three generations
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