Recap: British Chamber of Commerce of Japan (BCCJ) event
Generation Gap Japan – June 16, 2015
Moderator: Suzanne Price, CEO at Price Global
Panelist: Ken Takai, Business Director in Japan, Hays
Panelist: Karyn Twaronite, Global Diversity & Inclusiveness Officer, EY
Recap by Saya Matsumoto, FEW Ambassador
Millenials as consumers have been a topic and area of interest for many companies and businesses, especially as they take over the market and the workforce. How can companies connect with millenials, what do millenials think about x company product…countless studies and research has gone into this generation.
At the Generation Gap Japan event hosted by the BCCJ on June 16th 2015, we looked at and discussed these same millenials, from another perspective. How companies can attract and retain millenials as part of their workforce, differences compared to previous generations (Baby Boomers, Generation X) as well as focusing specifically on the case of Japan.
EY and Hays have both conducted studies on the workforce around the world, and at the BCCJ event we particularly focused on “millenials” or “Generation Y”: those who were born between 1983 ~ 1995. According to the Hays study they make up 21% of the world’s population (20% of US population and 40% of Japan) and grew up in the digital age. Both studies echoed similar sentiments.
Flexible Working Hours Younger workers today are working longer hours with less flexiblitiy. The EY study found that amongst the six reasons why millennials quit their jobs, three of these reasons were related to lack of flexibility. One of the reasons why millenials place such stress on flexibility may be due to the fact that GenY workers are more likely to be a part of a dual-work couple, compared to older generations.
Diversity Diversity improves responsiveness and adaptability. Businesses are the same as living creatures, we must adapt to change and then we can thrive.
Millenial Women Millenial women are the most ambitious group in the workforce according to EY study, hopefully finds like these will discourage the stereotype of millenials being entitled or difficult to work with.
Japan In Japan, the EY study found that workers have less access to flexibility compared to the other countries in the study, but interestingly the number one reason why Japanese millenials wanted to quit their jobs was due to excessive work hours and lack of mentors/access to role models (in comparison to the other seven countries in the study whose number one reason to quit was stagnant wage growth).
“Reverse Mentoring” A mutually beneficial relationship where a younger employee is paired with an older employee. Not only can the younger person have a role model or someone they can look up to, the older person can also benefit by being exposed to the mindset of a younger employee or contemporary ideas, resulting in a more inclusive atmosphere.
Advice for attracting and retaining GenY workers Money does play an important role for millenials, perhaps as it may be a tangible way for them to measure and see their achievements and success. However Twaronite suggested the importance of offering health and wellness benefits as well as being more results or output focused rather than “face time”. Takai stressed affinity; an increase in social events would be great since, as of now, people are spending more and more time at work.
As part of Generation Y myself, it was refreshing and heartwarming to know that there have been studies made to better understand GenY in the workforce. Anything that crosses generations has its traits and tribulations: different values, mindsets and standards. In the workplace where there are already a variety of dynamics, cross-generational working can be challenging. However ultimately I felt that the wishes and ‘demands’ of Gen Y were not unreasonable or unrealistic, for example flexibility. Perhaps by taking the opinions of GenY into consideration, the working environment could be more innovative, increase productivity and efficiency and overall be beneficial for all, regardless of generation.
Thank you to FEW for the opportunity and to the BCCJ for hosting such a thought-provoking and exciting discussion.
EY Study: “EY Global Generations” (Available in English)
Hays Study: “Gen Y and the World of Work” (Available in English and Japanese)
Further event information and reading list by the British Chamber of Commerce in Japan available at https://www.bccjapan.com/news/2015/07/generation-gap-japan/
February Strategic Partner News
Check out the latest member offers and opportunities from our Strategic Partners here! Our Strategic Partners are committed to bringing the best services and products to FEW members. And go to our Strategic Partners page to learn more about all of FEW’s Strategic Partners, who not only support FEW’s activities but also provide professional and personal services […]Published on 4th February 2018
February Community Services Feature: Disaster Relief with Peace Boat & PBV
What is Peace Boat? In October of last year, FEW Japan had the pleasure of welcoming three panelists to discuss multiculturalism in Japan. Among them, Angeli Narandran, International Coordinator of Peace Boat, spoke with the FEW ladies about how to create conversations and environments to foster multiculturalism in Japan. Ms. Narandran regaled us with the […]Published on 4th February 2018
January Meeting Recap: Reinvigoration & Reinvention: Color Your Life
Maud Janssen always has had a passion for clothes, shoes, accessories & make up, and making others beautiful. When she moved to Italy in 1999 she thought she had style, but then she started rubbing shoulders with Italian women, and felt like a farmer’s wife. She started to consider the question of how some women, […]Published on 31st January 2018
How I Got Here: Jodi Harris
Despite growing up in a small town in Texas, I always knew I would live overseas. I was the kid staring at maps, spinning globes and looking out at the field behind my house wondering what would happen if I just started walking into the horizon. My husband and I first lived in Japan during […]Published on 31st January 2018
Strategic Partner Spotlight: Find Your Element Workshop Founder Aya McCrindle
I was born to a half American, half Japanese mom and a Japanese dad, raised in Tokyo. When I was 27, I bought a model agency with my 2 sisters and another model in order to quit modeling. During this time, I increased the number of models from 4 to 50. I also expanded the existing […]Published on 31st January 2018
February Midweek Lunch Mixer
Take a break from work and join us for delicious food and great networking at our monthly midweek lunch gathering. This time, the mixer will be at Parisian-style salad bar, Citron, in Gaienmae!
Mentoring Moments Senpai Dinner: Mindfulness for Work, Life and Leadership
Join us for the first of our new Mentoring Moments Senpai Dinner series exclusively for FEW members! This month, Jodi Harris of World Tree Coaching, LLC., and Yoga Instructor and Holistic Wellness coach Ann-Katrin van Schie will answer questions on how to find balance and incorporate mindfulness into your daily professional and personal lives.
The Essence of Belly Dance
Join us for this interactive workshop where oriental dance instructor, Sara Amira, will take you on a journey of the origins of belly dance and help you rediscover your roots and spirit through movement and dance.
Celebrating Women as Change Agents in Post-Disaster Tohoku
Join us as Megumi Ishimoto of NPO Women's Eye and Dr. Jackie F. Steele, a political scientist, share how diverse young women are serving as grassroots agents of progressive change in Tohoku as they #PressforProgess.