Generation X Marks the Spot for Small Businesses

The video discusses the evolving preferences of small business owners in hiring, highlighting a shift towards favoring Gen X over millennials and boomers. It explores changes in work environments to attract talent, such as nap pods and pet-friendly spaces. The video also covers trends in job additions and wage expectations, noting a decrease in wage offers despite plans to hire more. Finally, it emphasizes the importance of skills and experience over formal education in hiring decisions.

Which generation do small business owners currently prefer to hire?

• Baby Boomers

• Generation X

• Millennials

• Generation Z

What change in hiring plans was noted in the latest NFIB survey?

• Decrease in job addition plans

• Increase in wage expectations

• Increase in job addition plans

• Preference for full-time workers

What type of workers are small business owners more inclined to hire according to the survey?

• Full-time workers

• Interns

• Part-time workers

• Freelancers

What do small business owners value most when hiring new employees?

• Age

• Skills and experience

• Formal education

• References

What percentage of small business owners consider education as a primary factor in hiring?

• 50%

• 25%

• 10%

• 3%