Gen Xers are less likely to report having one or more promotions in the past five years, and also less likely than their millennial peers to express commitment to their employer. (Photo: Shutterstock)
So much of the discourse about generations in recent years has focused on the contrast between baby boomers and millennials, but what about Generation X?
An analysis of more than 25,000 employment leaders by DDI, a global consulting firm, seemed to confirm widespread perceptions that Generation X is the “forgotten generation.” Those who were born from the mid-60's to the late 70's were being passed up for promotions more than those younger and older than them.
Related: Gen X: The forgotten generation?
The data showed that in the past five years, 66 percent of Gen Xers reported receiving only one promotion or no promotion. In contrast, 58 percent of boomers and 52 percent of millennials reported the same thing.
Gen Xers are also slightly less likely to report satisfaction with their career progress: 58 percent compared to 65 percent among millennials.
Based on their age (early 40's to mid 50's), Gen Xers should be at the point in their career where they are advancing near the top of the employment ladder. However, the fact that so many of their elders are choosing to put off retirement and work into their 70's may be preventing them from advancing.
The lack of career advancement is certainly not a reflection of a lack of work ethic. Gen Xers in management roles oversee an average of seven people, compared to five among millennials.
Gen Xers are also less likely than their millennial peers to express commitment to their employer. While 43 percent of millennial leaders say they're considering other jobs, only 34 percent of Gen Xers say they're on the hunt. Of course, that may be more a reflection of age than; middle-aged people are also probably less interested in moving to a new location than millennials, many of whom are single and have a more flexible personal life.
The DDI report warns that employers are neglecting a valuable workforce asset by overlooking Gen X. In contrast to baby boomers, Gen Xers are just as competent digitally as millennials.
The report recommends putting in place more objective hiring standards to avoid unconscious favoring of younger workers. It also stresses the need for companies to leverage the loyalty of middle aged employees by providing them more guidance on advancing their careers.
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