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Like generations before them, Gen Z bring their own unique perspective on the world, and this feeds into the demands and expectations they have for their career and the workplace
Key characteristics of Gen Z include:
Virtual yet social
Gen Z have been surrounded by digital technology from a young age, so they expect to be constantly connected and demand seamless digital experiences. Although this doesn’t mean they don’t value human contact.
A Mazars study found that Gen Z rate ‘human atmosphere’ as equal to salary in what attracts them to a potential employer. They also look to work with so-called ‘facilitator managers’, who help create a social working environment, by encouraging informal, friendly and trusting relationships with teams.
Freedom and flexibility
Gen Z have grown up during a period of increasing freedom and flexibility in the workplace, including the rise of freelancing, home working, work-life balance and flexible hours.
These benefits are no longer seen as a ‘nice to have’ and for Gen Z they are non-negotiable. This generation wants both flexibility in how they work as well as pursuing a ‘portfolio career’, where they can take part in several professional activities simultaneously.
Entrepreneurial
Gen Z frequently see traditional organisations as old-fashioned and rigid, filled with hierarchical structures and top-down management - leading many to seek out an alternative path.
The same research undertaken by Mazars found that a large part (25%) of this age-group aspire to be their own boss and one in ten (11%) want to work in a start-up, where there is a less formal and more agile way of working. In contrast, just 4% are hoping to work for more traditional medium-sized companies or large corporate organisations, highlighting the challenge facing larger employers in attracting and retaining the young talent they need.
How to attract and retain Generation Z
There are several steps employers can take to attract and retain Gen Z employees:
Attracting and retaining Gen Z not only requires a change in how businesses approach recruitment, but also a deeper cultural shift in how employees are managed and engaged on a daily basis. It demands effort and investment from everyone in the company, but for those who get it right, Gen Z will bring new ideas, creativity and an entrepreneurial flair that will propel your business in 2020 and beyond.
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