Abstract:

Today’s workplace consists of mainly four generations; silence, baby boomer, X and Y generations. Although each generation has different values, beliefs, point of views, they are working altogether. This demographic diversity has brought many opportunities but also challenges for the organization. In order to manage the opportunities and challenges in the workplace which the varieties of generations bring up, each generation should be very well understood. Otherwise it can cause problems which in turn may influence the productivity and efficiency of the organization. As time passes and the new generation – Millennium- is appeared it in the workplace, the needs’ and perceptions’ of the employees also start to change too. Managing both work and private life in balance becomes important for the employees. Thus, the notion of work life balance has been started to handle by the managers. The purpose of this paper is to investigate the impact and consequences of work-life balance for generation Millennium which is the youngest majority of current workforce by considering their values, and their perceptions and expectations from their career success.

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