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Talent procurement for the younger generation and how to attract the next generation, “Gen Z”, is the topic of discussion in our latest article.
It’s an exciting time to be in the people profession with such multigenerational workforces, from traditionalists and baby boomers to Generation X and millennials. Those aged 25 and above make up over 50% of the global workforce today, however generation Z (Gen Z) are making their way in.
Gen Z were born between 1997 and 2012 and are the largest generation ever recorded, comprising 32% of the total global population, which is almost 2 billion people. By 2025, it is predicted that almost 27% of the global workforce will be Gen Z.
As more young people prepare to join the professional world, it’s important to not just acknowledge the ways they view working life but start making changes to accommodate those views. After all, happy employees are the key to a successful business.
In this article, we answer the question, “What does a Gen Z workplace look like?” We’ll discuss what young people prioritise when looking for a job and how HR teams can attract the most talented employees from this hyper-connected and tech-savvy generation.
Members of Gen Z were just beginning their career journeys when they were furloughed or sent to work from home as the pandemic escalated and economies shut down.
Collectively, this group is experiencing the greatest national trauma since the Great Depression and World War II, just as they’re preparing to enter the world of work.
However, despite global halts to education over the last 2 years, Gen Z are predicted to be the highest educated generation in history, with 1 in 2 of them expected to obtain a university degree. They may, in theory, be the most job-ready generation, but the way they view work is very different.
The talent pools are getting bigger, but keeping that talent in one place is getting harder. For example, ‘job-hopping’ culture has been a growing phenomenon for millennial workers and is expected to continue in generation Z.
Gone are the days of leaving school, starting a family, finding a stable job and staying there for 20 years. In fact, studies have found that people between the ages of 18 and 34 are likely to spend less than 2 years in a job.
Studies show that young millennials and Gen Z care more about ethics, company culture, flexibility, freedom and company benefits when looking for a job. Make your business a more enticing place to work by focussing on 5 main areas:
Work is no longer restricted to the four walls of an office. Allow employees to work remotely if the job permits it. Their productivity is more important than their presence in the office. Not embracing the work-life balance may lead to reduced productivity, burnout and loss of talent.
Benefits such as paid time off, mental-health days, or activities that create a sense of community, are essential for Gen Z. That means organisations should consider what they can offer that encourages a healthy lifestyle and greater wellbeing.
Creating opportunities for growth, exposure, and learning also shows that you have employee interest at heart, making them more loyal to you as an organisation.
Gen Z has been named the generation with the highest rate of mental illness, with 70% saying that anxiety and depression are significant problems among their peers.
Offering monthly counselling sessions in a private and judgement-free environment can help employees understand the cause of their own stress, and find steps to manage and reduce it.
Designated wellbeing days are a great tool to show employees that they are supported. If a member of your team wakes up one morning feeling unmotivated, unproductive or in a low mood, they can take a day to recuperate without using their annual leave.
Diversity matters to Gen Z through many dimensions, not just isolated to race and gender but also to identity, sexual orientation and disability.
Examples of promoting diversity, equity and inclusion in the workplace include:
Read our article about The Importance of Diversity, Equity and Inclusion in the Workplace to find out how you can create a space that is welcoming, supportive and inclusive for every employee.
If you want to get the best out of your Gen Z employees, give them a voice. Young people want to make an impact, so listening and letting younger team members voice their opinions helps to motivate them.
The world is advancing with technology, and Gen Z are the ones who know more about it. Tap into their technological knowledge to make them productive and also feel heard.
Worried about keeping up with generational changes? Trickle can help you engage with your employees to ensure you’re meeting their needs and expectations as society changes.
Find a comprehensive guide to all Trickle’s features here. Book a free demo today.