NextGen Rockstars with Matt Schuyler

Matt Schuyler: Leading 5 Generations in the Workplace

How do you manage over 405,000 employees worldwide that represent 5 generations in the workplace? According to Matt Schuyler, CHRO of Hilton, you do it by developing leaders who understand and can bring out the best of everyone, regardless of generation.

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Disclaimer: This transcript was created using YouTube’s translator tool and that may mean that some of the words, grammar, and typos come from a misinterpretation of the video.

The Transcript - Leading 5 Generations in the Workplace

Welcome to the Next generation Rock Stars Podcast. If you are trying to figure out how do you recruit and retain this next generation of rock star talent or you are in the right place.

Amanda Hammett: 00:56
Normally I do my all my interviews via zoom, but we had the opportunity to sit down when I was invited to be a part of the guest's media at the great place to work for 2019 where Hilton hotels were honored as the number one greatest place to work for 2019. So Matt and I had a wonderful conversation about the recruiting and developing, but also about the differences between the five generations that we have in the workplace today. And what does that mean for leadership? How does leadership have to evolve? And really just, you know, what, what do we need to do in order to, to make each and every generation at work happy and productive? So listen in on what Matt has to share with you because he has got some great nuggets to share. Enjoy.

Amanda Hammett: 01:51
All right, so this is Amanda Hammett and I am the host of the next generation rock stars. And I am here today with Matt Schuyler, who is the CHRO of Hilton hotels. Welcome to the show, Matt.

Matt Schuyler: 02:02
Great to be here. Thanks for having me.

Amanda Hammett: 02:04
So, Matt, you have a tremendous honor, and this is actually why I'm sitting down with you because Hilton is the number one greatest place to work in 2019. Is that correct?

Matt Schuyler: 02:14
We are pleased to be ranked and humbled to be ranked number one best company to work for in the US by a great place to work and fortune this cycle.

Amanda Hammett: 02:21
That's amazing. So you and I had a couple of conversations earlier about what I study and that is millennials and Gen z and the whole next generation of talent. So tell us a little bit about what you guys have at Hilton as far as your makeup of generations.

Matt Schuyler: 02:37
Yeah, we are just, right now, passing the 50% mark with respect to millennials in our workforce globally, we have over 405,000 team members under Hilton flags around the world. We track, of course, the demographics associated with that workforce just passing 50% certain parts of the world, though we're well above 50%. In fact, Asia is a great example where we're, 80% millennial in our workforce serving our guests in our Asia Pacific region.

Amanda Hammett: 03:05
That's amazing. So one of the things that I'm really interested in is how this rising generation of millennials has affected the way you recruit and the way that you retain your employees

Matt Schuyler: 03:17
Deeply. In many ways. the way we recruit, the way we engage, the way we retain, the way we motivate and teach have all changed, I think as a result of this generation called millennial who have entered the workplace with technology as a backdrop, high expectations with respect to the impact that they'll make it, the workplace as well as the work they do and with a high demand to learn and grow in their careers, uh, as part of the workforce. So that's, in many ways driven, our programs and initiatives over the past, I'd say four or five years as we start to leverage technology that they've become accustomed to using to help them learn, grow, develop as we've created jobs that we think will be compelling for them for the long run. And as we've worked to engage them in more meaningful ways, in a broader purpose, that we provide to society as a whole and our local communities where we do business.

Amanda Hammett: 04:20
That's amazing. And I know that they really appreciate that. Now let's talk a little bit about retaining them because a lot of what I hear from companies is that millennials are job hoppers. But how do you see that and how have you combated that?

Matt Schuyler: 04:32
Yeah, I understand the sentiment and certainly, I think it's born out of what I mentioned, which is a, there's a deep desire in this generation to Kenny's. You learn, grow, develop, and limited patients. We all live in now the age of service in a moment. And so if I want something this afternoon, I can get it this afternoon. That's different than previous generations. Uh, and so when you lift and shift that to the workplace, if they, this generation of worker, the millennial doesn't see a line of sight to the next opportunity, they will certainly be vocal about it first and foremost. If nothing comes of that vocality they'll choose to leave or move onto something else. Yeah. They will seek out leaders who will help them grow their careers and more meaningful and potentially fast-paced ways. It's not, extreme when you think about it in light of what's happening societally where the world is just moving faster. We have access to so much more information now and so do they internally. I have often said that it used to be that leadership traded on the currency of tenure and that's just not the case any longer because anything, I know technically you can look up in an instant using your mobile device. And so we now believe that leadership must trade on the currency of connecting dots and help to enable the workforce to achieve its objectives and goals. And this resonates with the millennial population. We believe.

Amanda Hammett: 05:55
That was wonderful in the wrapped up very nicely. The question that I was going to ask about how are you helping your leaders to really leverage those millennials?

Matt Schuyler: 06:04
We are just being open and authentic about the fact that for the first time ever, there are five generations in the workplace. Each of those generations has bespoke expectations. But the core underlying tenant of each of those generations interestingly is the same. They want to may have meaningful work. They want to contribute, they want to learn, they want to grow, they want to develop, they want to have some fun. The difference that we see with the millennial generation is just, it's an accelerated expectation set relative to those same goals. They expected faster. They're not willing to wait years and years and years, sometimes decades to achieve those goals. We don't find this to be a bad thing. We think it's helping us sharpen our instrumentation. Yep. And we think it's making us a better employer, which is helping the entire workforce. So this isn't something that we're doing just for millennials. The work that we're doing now to accommodate the new expectations we see in the millennial generation is helping the entire workforce.

Amanda Hammett: 07:00
That is amazing. And every millennial and Gen z is probably going to hear this and a lineup and want to come work at Hilton.

Matt Schuyler: 07:06
We would love that are welcome. We welcome all and we've got great jobs, so we'll look forward to that.

Amanda Hammett: 07:11
Oh, wonderful. Matt, thank you so much for your time. You are amazing and congratulations on your big accomplishment with great places to work.

Matt Schuyler: 07:18
Thanks for the opportunity to share about it. Appreciate it.

Amanda Hammett: 07:21
Thanks so much for joining us for this episode of the next generation Rockstars, where we have discussed all about recruiting and retaining that next generation of talent. So I'm guessing that you probably learned a tremendous amount from this week's rock star leader, and if that is the case, don't keep me a secret, share this episode with the world, but really share it with your friends, with your colleagues, because they also need to learn how to recruit and retain this next generation of talent because these skills are crucial to business success moving forward. Now, of course, I want you to keep up to date every single week as we are dropping each and every episode. So be sure to subscribe to your favorite podcast platform of your choice, and you will see the next generation rock stars show up just for you.

Disclaimer: This transcript was created using YouTube’s translator tool and that may mean that some of the words, grammar, and typos come from a misinterpretation of the video.