With the workplace becoming increasingly geared toward millennials, many baby boomers feel they are being pushed aside or even out, according to Knowledge@Wharton.

After spending decades as the most coveted generation, baby boomers are falling victim to working at a time of enormous pressure to achieve higher corporate profits and increasingly sophisticated technical skills.

In a lot of cases, baby boomers are being replaced by younger employees who are paid less for the same job, or being laid off and rehired as contractors at significantly lower pay.

However, companies that are eager to move baby boomers along may find they are inadvertently creating a problem for themselves.

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Millennials are more likely to change jobs than baby boomers, creating a potential for high turnover that brings additional costs. Also, very few workplaces have developed an effective system for transferring knowledge between old and new employees.

The push for this generational turnover is partly being energized by stereotypes, such as baby boomers being uncompromising and tech-adverse while millennials are apathetic. However, according to Wharton management professor Peter Cappelli, there are no major differences between the generations.

Read more about the issue at Knowledge@Wharton by clicking here.

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