An excerpt from article written by John Egan, in SHRM Daily Newsletter
I am subscribing newsletter from SHRM Daily Newsletter and found this article. This is not the full article, just certain paragraph that I am interested to understand the Z generation, as I have a handful children from the said generation. 🙂
“Generation Z is generally defined as people born between 1997 and 2012, who are expected to make up 30 percent of the U.S. workforce by 2030” (I wonder about Malaysia – where to get this data? DOSM maybe? )
What Are Generation Z’s Job and Salary Expectations?
From Fetti career platform, supplied to SHRM, found that the five most desired positions among Generation Z job seekers are as follows ( I believed this is data related to US based) :
- Sales and account management (14.44 percent).
- Marketing and advertising (14.21 percent).
- Operations and strategy (12.62 percent).
- People/HR/recruitment (12.27 percent).
- Product (11.27 percent).
What Matters to Generation Z Workers? ( taken from John Egan’s writing)
“Salary may be important to Generation Z employees, they generally consider overall compensation and benefits first, including equity stakes and workplace flexibility” (Career coach, Kyle Elliott)
“Additionally, Gen Z workers are focused more on company culture, working for supportive and caring leaders, and finding environments where they can thrive than previous generations of workers,” Elliott said. “This isn’t to say that other generations don’t care about the company culture, manager effectiveness or being set up for success. However, Gen Z workers tend to place a heavier focus on personal development and growth than their older peers.”
Jill Chapman, SHRM-SCP, director of early talent programs at HR services provider Insperity, said her assessment of Generation Z aligns with Elliott’s. But just like many older workers, a large number of Generation Z workers have bumped up their salary expectations to account for a higher cost of living, she said.
“Like any generation entering the workforce, Gen Z is attracting attention. Some sources allege that Gen Z demands higher salaries, greater workplace flexibility and a lighter workload,” Chapman said. “However, managers who work with Gen Z understand the diversity of their generation and how much they have to offer in the workplace.
“Recruiters and managers,” she added, “should not make assumptions about Gen Z’s priorities.”
the original author : John Egan is a freelance writer based in Austin, Texas.
To ponder: Gen Z will be the next LEADERS. Do we prep them well? Are they READY to lead?
To ponder : How will an Aging Population Impact Employers (in Malaysia)