The document discusses generational differences and characteristics between Baby Boomers, Generation X, and Generation Y based on surveys of panelists from each generation. It finds that each generation has been shaped by different historical events and views work, communication, and decision making differently. For example, Baby Boomers prioritize being paid well and flexibility, Gen X values realistic thinking and loyalty less, and Gen Y craves freedom and fun over sacrificing for their career. The document advocates for employers to consider these generational differences in work practices and management.