The world of work is changing. The ‘9 to 5’ is no longer considered the norm and the next generation desires more from work than just a steady paycheque.
We see roles advertised offering a variety of benefits from free food to gym memberships. But what does Gen Z want from work?
According to Forbes, 47% of younger workers reported that working from home full time has harmed their mental wellbeing. Being new to work, Gen Z won’t have had as many opportunities to meet colleagues in person and build work relationships. However, only 12% of workers want to be in the office full time according to a survey from Slack, so a hybrid solution could be the future for the workplace.
Additionally, over three-quarters of Gen Z said it is vital for their employer to promote their wellbeing (source: Peldon Rose). This could be as simple as letting someone take the morning off to go to a doctor’s appointment without feeling pressured to make up the time once they get back or taking the time to notice each member of the team in their achievements and recognising it.
When it comes to their careers, it’s clear that Gen Z values mentorship and progression opportunities highly. Gen Z wants to progress and feel like they are part of a team. Give your Gen Z colleagues the message that you want to hear from them and what they have to say. They’ll want to feel welcome and there’s no easier way than letting their ideas be heard.
Gen Z is the future. They are the people that will make your business a success so, if they’re putting in all this work at such a benefit for their employer, it’s only natural that they would want sufficient benefits too! However, you may be surprised to know that their benefit requests are fairly small in the grand scheme of things.
36% of Gen Z admit that the workplace perks on offer are one of the most important deciding factors on whether to accept a new job or not and they are also more likely to prefer smaller perks that they can enjoy on a more frequent basis. The top three workplace perks for Gen Z are a day’s annual leave on your birthday (86%), followed by free coffee and hot drinks (85%), and flexi-hours (83%) (source: Incentive and Motivation).
Inclusive and Diverse Workplaces
83% of Gen Z candidates said that a company’s commitment to diversity and inclusion is important when choosing an employer (source: Hiring Monster).
Countless research has shown how beneficial it is to have diverse teams within an organisation. Companies with ethnically diverse executive teams were 33% more likely to outperform their peers (source: McKinsey Study). They have also been shown to be more creative, able to reach a wider set of customers, and report an increase in profitability for the company.
If you haven’t heard about climate change in the past year, where have you been?!
There’s no denying that climate change is an incredibly important issue that we, as a planet, need to address and help with in any way we can. Gen Z is very environmentally concerned as they will be the ones that will face far more problems if solutions are not found.
Employers need to set out their environmental promises and practices as Gen Z wants to know that who they work for, and the work they do for them is going towards a better world. Sourcing Journal found that 94% of Gen Z believe that companies should play a role in addressing social and environmental issues such as:
Regardless of your generation, starting a new role anywhere is often quite daunting. For Gen Z, not only will this be a new role, but it may even be their first job too. So take the time to provide the support, guidance, and opportunities your new team members want.