Whether you are prepared or not, Gen Z is entering the workforce. They make up the latest wave of new members of the labor market and their number is projected to triple by 2030, according to Bloomberg. They bring with them a fresh set of values and expectations that is unlike those that came before. Here are tips for what to do to make sure that your working relationship is mutually beneficial.
Who is Gen Z?
The largest and most diverse generation in American history, this group was born between 1997 and 2012. They are digital natives who grew up alongside the internet. Entering the workforce in the midst of a pandemic has impacted their values in the workplace, and according to a survey by Robert Half their standards consist of advancement, mentorship, salary, and collaboration.
Room to Grow
The most important value that Gen Z holds when job searching is advancement opportunities. Growing up in the recession made them focus on the future, and Gen Zers look for more than just a job during interviews but rather a palpable career path. Mapping out growth can help to facilitate retention.
Mentorship
According to research, Gen Z flourishes when they are able to develop genuine relationships and they seek out mentorship with a boss or colleague. They have a strong work ethic, are highly motivated, and are receptive to guidance with an eagerness to learn. These traits make them ready to be set up for success with a little direction from above-level employees. This knowledge-sharing is also vital for business growth and retention.
Security, Salary and Society
Salary is also among the top three values of Gen Z professionals. Maturing during economic turbulent times and entering the job market when having a college degree is not always enough, they crave stability and prioritize strong salaries, showing a favor towards mid-sized and larger companies. In addition to wages, company values are also incredibly important to Gen Z. They want to make a difference. Having a positive impact on society is the number three priority for Gen Zers entering the workforce.
Collaboration and Communication
Although it goes against the stereotype that Gen Zers are buried in their screens, research shows that they prefer face-to-face communication. In an office setting, they also tend to favor collaboration in small groups as opposed to autonomous work and they also tend to thrive on feedback. Quality facetime will help to motivate this new wave of workers to grow and succeed as well as making authentic connections to foster a respectful environment. And collaborative projects can help bridge the gap of a multigenerational team.
If you are looking to build stronger connections with the Gen Z members of your team, reach out today – I can help.
