Abstract

The dynamics of workplaces around the world are undergoing a fundamental change due to the growing number of Millennials and Generation Z in the labour market (Twenge, 2010). Traditionally oriented organizational norms, which pre-empt hierarchy, job security, and long- term loyalty, are increasingly called into question by new value orientations focusing on flexibility, purpose, collaboration and digital integration. The given paper will explore how much Millennials and Generation Z are transforming the behaviour of the modern workplace, affecting leadership styles, patterns of communication, work values as well as organisational culture (Myers & Sadaghiani, 2010). Based on the generational cohort theory, social exchange theory, and modern empirical literature, the given work synthesises the obtained studies and outlines fundamental behavioural changes and the emergent trends in the modern workplaces with the impact of generational diversity (Parry, 2011). It takes a conceptual and reviewbased approach to analyse critically scholarly contributions that have been released within the last two decades, thus shedding light on the importance of technological progress, a changing psychological contract, and a changing employee expectation (Macky et al., 2008). According to the findings, Millennials and Generation Z are not just adjusting to organisational systems but transforming them in an active manner and organisations have to reimagine how they handle human resource practices, leadership, and how they engage workers (Schullery, 2013). This way, the research contributes to the developing literature in generational workforce dynamics and provides practical information to organizations that aim to align old structures with the requirements of modern workforce (Lyons & Kuron, 2014).

Keywords: millennials, generation z, workplace behaviour, generational diversity, organizational culture, workforce transformation