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REUTERS/OLIVIA HARRIS
"RESEARCH SUGGESTS"
Power in Progress
“A few years ago, it seemed professionals couldn’t go a day without hearing or reading the word
‘millennial.’” “But it’s time to shift the efforts to Generation Z.“
“Gen Z was born between 1998 and 2016.” (Or “between 1996 and 2000;” “between 1995 and 2002;”
“between 1990 and 1999;” or “after 1999“).
“They FaceTime, Snapchat, Instagram, and speak in emoji-only sentences—in essence, they’re cultivating
a completely new visual language where even the 140 characters in a single tweet is too many.” But
“while most people would think Gen Z would primarily use technology such as Facebook or Snapchat to
communicate, the opposite is actually true.”
You might be surprised to learn that “most of Gen Z too acknowledges the importance of in-person
communication” and, believe it or not, “more than 90 percent of Gen Z prefer to have a human element
to their teams.“
“The most important factor Gen Z looks for is opportunity for advancement,” and “two-thirds of GenZ
say that their goal in life is to make it to the top of their profession.” Yet, despite these goals, according
to other surveys, “they’re not necessarily interested in moving quickly up the corporate ladder.“
What does Gen Z value in a job? “When we asked our Generation Z respondents what would make them
stay at a job for more than 3 years, the top response was an empowering work culture (29%), with a high
salary and raises falling significantly behind at (15%).“
Surveys also suggest salary and raises do not fall significantly behind afterall: “Their top three ‘must
haves’ for their first job are health insurance (70%), a competitive salary (63%) and a boss they respect
(61%).” And “Gen Z’s top career priorities include: a stable career path (89% important or very
important), competitive salary and benefits (87%), and work-life balance (84%).” Remember, this
generation is very different.
Gen-Zers’ oddball values extend to their relationship with instability. “Despite the stigma around
millennial workers feeling entitled, many aspire to be financially stable, a desire that may likely be tied to
them entering the workforce in the deepest part of the recession. Gen Z, however, is focused on their
dream job.” Though, also, “initial surveys identifying what Gen Z wants suggest that job stability is a
priority.“
Generation Z is extremely career focused: “58% say ‘bring it’ to working nights and weekends for a better
salary, compared to 41% across all working generations.” At the same time, “they would rather get all
their work done and then go home to not think about work.“
Practical advice for employers
“In an unexpected twist, Gen Z differs from the Millennials before them by valuing benefits and security
that have traditionally been associated with Boomers and members of Gen X,” but also research suggests
that “the key to hiring Generation Z is less about benefits packages and more about the day-to-day work
experience.“
“Working for an organization that aligns with their social compass is important and could be, or most
likely will be, the deciding factor when Gen [Z] choose[s] their career and the company they work for.”
But then again, “today’s college students ranked opportunity for career growth as the most important
aspect of their first job (36%).” And for what it’s worth, “Generation Z is also very concerned about the
environment.”
Profiling an entire generation’s motivations and work preferences with a single survey can be difficult,
but thankfully there is no shortage of companies that are up to this scientifically legitimate task.
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