THE BLOG

How Gen Z Sees Their Place In The Working World

#20yearsinbusiness #entrepreneur #freedom #askshivani Aug 28, 2023
How Gen Z Sees Their Place In The Working World

 

In today's rapidly evolving job market, it's not just about how we adapt to technology but also how the new generation, Generation Z, envisions their role in the working world. Gen Z, born roughly between the mid-1990s and early 2010s, is stepping into the workforce with a unique perspective and a distinct set of values.

According to our most recent American Opportunity Survey, Americans between the ages of 18 and 24 experience high rates of mental health issues, workplace barriers to productivity, and future concerns.

Generation Z has entered the workforce amid a global pandemic, worries about rising inflation rates, recession fears, geopolitical conflicts, and climate change. While each generation may experience challenges and doubts as they enter the workforce.

Let's take a closer look at how this generation sees their place in the ever-changing world of work.

 

Purpose-Driven Careers

Generation Z is often characterized as purpose-driven. According to a recent survey by Deloitte, 67% of Gen Z respondents said they believe a company's purpose is important in their job choices. They want more than just a paycheck; they seek meaning and impact in their careers. Many of them are passionate about social and environmental issues and are more likely to align themselves with organizations that share their values. As a result, businesses are now under pressure to not only provide employment but also to have a clear and meaningful purpose that resonates with this generation.

 

Remote Work and Flexibility

The COVID-19 pandemic accelerated the adoption of remote work, a trend that Gen Z had already embraced. They value flexibility and work-life balance. The ability to work from anywhere has become a priority for this generation, and companies that offer remote work options are more likely to attract and retain Gen Z talent.

 

Entrepreneurial Spirit

Gen Z is known for its entrepreneurial spirit. According to a report by the Center for Generational Kinetics, 41% of Gen Z respondents said they plan to start their own business in the next five years. They are not afraid to take risks and explore alternative career paths, including starting their own businesses. This generation has grown up with access to vast amounts of information and tools online, making it easier for them to launch their own ventures.

 

Embracing Technology

Having grown up in a digital age, Gen Z is highly tech-savvy. They are quick to adapt to new technologies and are often the ones driving innovation in the workplace. Companies that want to stay competitive must not only keep up with the latest tech trends but also create an environment where Gen Z employees can thrive and contribute their technological expertise.

 

Diversity and Inclusion

Diversity and inclusion are non-negotiable values for Gen Z. They expect workplaces to be inclusive and diverse in every sense, from gender and race to thought and background. Companies that prioritize diversity and create inclusive cultures will be more attractive to this generation.

 

Continuous Learning

Gen Z understands the importance of continuous learning and skill development. They are more likely to switch jobs if they feel their current position does not provide opportunities for growth and learning. Companies that invest in employee development and offer on-going training will retain Gen Z talent.

 

Generation Z is entering the working world with a clear set of values and expectations. They want careers that align with their values, offer flexibility, and provide opportunities for growth and innovation. Companies that understand and adapt to these preferences will not only attract the best Gen Z talent but also flourish in the evolving business landscape.

 

As we move forward, it's importanr for businesses to recognize the unique perspective of Generation Z and embrace the changes they bring to the workforce. By doing so, they can position themselves for success in the future of work.

 

SUBSCRIBE FOR WEEKLY BUSINESS INSPIRATIONS

 

We hate SPAM. We will never sell your information, for any reason.