Page 50 - Appreciating Organization's Biggest Assets
P. 50

Gen Zers look for when the join any  through the organization and gain
       organisations.  On the other hand,  practical exposure. They yearn for
       the millennials  look for monetary  well-balanced work life. Women
       compensation, and also support  in the corporate world today are
       from the organisation they work for  breaking the glass ceilings and
       financially  and  non-financially.  To  tasting success. They have become
       have a good mix of generation in the  more independent  than ever  and
       workforce, organisations must have  breaking the gender pay gap and
       different  compensation  structures.  skill gap in the market. Today, the
       Organizations today are also  trend of equal pay for equal jobs is
       prioritising various components of  on a rise. Gen Z and Gen Y women
       remuneration and benefits based on  together are gradually cracking the
       whether they are acquiring a new  glass ceilings and also putting an end
       employee or keeping an existing  to the sticky floors. Since antiquity,
       one. The ‘one size fits all’ idea does  women have faced discrimination
       not apply here since managers must  in the workplace. Women are
       consider company demands to  frequently portrayed in our culture
       determine what is most important.  as  nurturing,  kind,  soft-spoken,
       A    customized    compensation    unselfish,  gentle,  and  sympathetic
       package is what employees prefer  rather than aggressive, dominating,
       today. Organizations have started  powerful,   individualistic,  and
       considering adjusting their employee  independent. Women have always
       remuneration     structure.   To   been viewed as dependent on their
       accomplish so, however, they must  male counterparts,  rather than as
       first grasp the distinct characteristics  the economic powerhouse. The
       and ambitions of the various worker  veils of patriarchy have frequently
       generations.  To  effectively  manage  kept them out of the spotlight,
       a multigenerational workforce,  instead  offering  them  a  seat  in
       employers  must  first  understand  the back.  To really  break  the glass
       their employees’ expectations.     barrier, they must participate
        Conclusion                        in all disciplines and at all levels
                                          without prejudice. Only increasing
        The Gen Z and Gen Y expect        knowledge and empowerment of
       a fair amount of importance to     tomorrow’s leaders will be able
       monetary and nonmonetary reward    to break through this barrier. Let
       and recognition. They expect a     us hope that within the following
       great level of support from their   decade, Indian women will have
       superiors who can help them move   broken through the glass ceiling and


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