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Access a bonus Workspan Daily Plus+ article on this subject: ‘Flextirement’ May Help Gen X Flex Their Retirement Muscles; Gen X Retirement Readiness: ‘Not Nearly Enough’ Compared to their Gen Z, millennial and Baby Boomer colleagues, Gen X workers are the least confident in their retirement readiness (in fact, many of them have said they fear retirement more than death ).

The measure will increase the state’s minimum wage to $15 per hour by July 1, 2027, provide employees the ability to accrue up to 56 hours of paid sick leave per year at employers with 15 or more employees and up to 40 hours at employers with less than 15 employees, and would prohibit captive audience meetings.

With many Gen X individuals or households having far less than $100,000 saved , retirement is gearing up to look very different for this generation.

The study suggested selecting the right roles for automation and AI interventions could, on average, save HR around 15% to 20% in labor time, including up to 35% for HR operations teams, 20% for talent acquisitions teams and 15% for HR business partners.

The Equal Employment Opportunity Commission (EEOC) is now offering individuals the option to select a non-binary “X” gender marker during the voluntary self-identification questions that are part of the intake process for filing a charge of discrimination, according to the organization .

Let's say that one of Company X's strategic objectives is to maintain its market share.

Demographic Current % Earning a Living Wage % Earning a Living Wage in 2021 Difference Baby Boomers 52% 60% -8% Generation X 61% 66% -5% Millennials 56% 57% -1% ‘A Call to Action for Employers’ The report cited the important role of employers in addressing the current state.

Pulls Further Ahead in Pay for AI and Digital Roles;AI Makes Its Mark on Hiring Decisions, Workforce Planning;New Bill Provides Living Organ Donors Four Weeks of Paid Leave;Figures and Facts of the Week; April Job Gains Beat Projections; Unemployment Remains 4.3% American nonfarm employers added 115,000 jobs in April and the unemployment rate remained at 4.3%, according to a report released Friday, May 8 , by the U.S.

Across all income levels, Gen Z and millennials are projected to be better prepared for retirement than Baby Boomers and Gen X, due to broader DC plan access and stronger plan design.

The report also revealed each generation’s top professional goals, which include: Work-life balance: millennials (85%), Gen X (81%), Boomers (60%);As much flexibility as possible: millennials (78%), Gen X (73%), Boomers (63%);Making as much money as possible: millennials (59%), Gen X (55%), Boomers (38%);Having a job where they can travel: millennials (41%), Gen X (28%), Boomers (16%);Owning their own business: millennials (35%), Gen X (27%), Boomers (15%);Becoming a manager: millennials (13%), Gen X (9%), Boomers (5%); This data reveals how goals shift over an employee’s career, said Julie Voges, HR consulting regional practice leader at OneDigital Southeast, and it calls on total rewards professionals to design flexible rewards programs to meet employees where they are across the different generations.