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NewslettersCoins2Day CHRO

How Cardinal Health creates benefits for its 5-generation workforce

By
Amber Burton
Amber Burton
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By
Amber Burton
Amber Burton
Down Arrow Button Icon
January 13, 2023, 8:12 AM ET
Ola Snow, CHRO at Cardinal Health
Ola Snow, CHRO at Cardinal Health, has deployed multiple tactics to manage a multigenerational workforce.Courtesy of Cardinal Health

Good morning!

Today’s workplace is a generational melting pot, ranging from baby boomers to Gen Z. Each brings vastly different needs and expectations to their place of employment.

That’s certainly been the case at Cardinal Health. The 46,000-employe health care services company has five generations represented in its workforce, says CHRO Ola Snow. She spoke with Coins2Day about how to manage the generational split in the workplace and use it to a firm’s advantage.

This interview has been edited and condensed for clarity.


Coins2Day: How would you describe the generational breakdown across the company?

Ola Snow: About half of our workforce is what you’d consider Generation Y and Z. About 40% of our population is Generation X, but we also have baby boomers and traditionalists (otherwise known as the silent generation, born between 1921 and 1945).

Have you seen any deviation in wants and needs among the various generations?

Each generation is asking, ‘What benefits meet me where I am in my life? Is this company aligned with my values? Is the work I do making a difference for the organization and society in general?’

What policy or benefits changes have you made recently that reflect those new and differing desires?

We have a comprehensive listening strategy to collect and understand the needs of our employees. We have a benefits suite that can cross over generations because what someone my age needs versus your age is very different. Some examples of that may be childcare versus elder care. 

We also have mentorship and sponsorship programs that help foster, grow, and develop our younger generation through mentoring from our more seasoned generation. Another thing we talk about is mental health and how to destigmatize it because we know it’s a matter that spans generations. We also know that mental health is really important to our Gen Zers who want to come to a place where they can talk about it, which means we need to help support them and make sure their managers are equipped to have courageous conversations.

How are you training managers to lead multigenerational workforces?

We have several manager trainings on how to talk to a younger generation and have courageous conversations around DEI, for example. We also try to bring those generations together to learn, which is an important part of the equation. 

One of the important things our interns told us they want from their future employer is a place they can talk about their mental health. I was pleasantly surprised that about 75% of them had already discussed mental health with their managers. 

Did you learn anything unexpected from the most recent intern class?

They wanted to be in the office more than we thought they did. They are really curious and want to understand the dynamics in the room. Flexibility will always be key going forward, but we also need to focus on the times that we are better together. 

How are you thinking about employees who are approaching retirement?

Some employees are thinking about job sharing, which is an old concept that seems to be coming back. People are saying, ‘Hey, I want to retire over the next year. Let’s think about an exit plan where I can step down.’ We also have a lot of retirees that come back to our workforce, even part-time. Great benefits can sometimes lure people back to an organization.

Amber Burton
[email protected]
@amberbburton

Editor’s Note: CHRO Daily will be off for Martin Luther King Day and resume on Tuesday, Jan. 17. Have a great weekend!

Reporter's Notebook

The most compelling data, quotes, and insights from the field.

The December consumer price index released Thursday shows inflation dipping, but service inflation rose to 0.3% last month. Some central bankers believe tamping down the rising costs of services will require a job market slowdown. 

“The biggest cost, by far, in that sector is labor,” said Fed Chair Jerome Powell in a recent news conference. “And we do see a very, very strong labor market, one where we haven’t seen much softening, where job growth is very high, where wages are very high.”

Around the Table

A round-up of the most important HR headlines, studies, podcasts, and long-reads.

- Meta confirmed that it rescinded some full-time job offers as it reassessed hiring needs. TechCrunch

- Alphabet laid off 40 employees from its robotics subsidiary, Intrinsic, and about 150 employees at its life-sciences subsidiary, Verily. The Information

- Young finance workers are preparing for the first tumultuous shakeup in their careers as layoffs batter Wall Street. Bloomberg

- Remote workers are blocking employer attempts to monitor productivity by using simple hacks like streaming videos to keep their computers from falling asleep. Wall Street Journal

Watercooler

Everything you need to know from Coins2Day.

DTO. Microsoft is ditching its three-week vacation policy for a discretionary time off system. U.S. Workers will no longer need to track their vacation time. —Kylie Robison

Vacation blues. Dream Sports, a fantasy sports startup, will begin fining employees $1,200 if they contact colleagues on vacation. —Nicholas Gordon

RTO showdown. Corporate Starbucks employees who live within driving distance of its offices now have to go in three days a week. —Nicholas Gordon

Sachs ax. The ax has officially fallen at Goldman Sachs. The bank kicked off layoffs spanning multiple business units on Wednesday. —Luisa Beltran

This is the web version of CHRO Daily, a newsletter focusing on helping HR executives navigate the needs of the workplace. Today’s edition was curated by Paolo Confino. Sign up to get it delivered free to your inbox.

About the Author
By Amber Burton
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