Generation Z – the “dot com kids” – are people born between 1995 and 2009.
They are the largest generation ever, make up 20% of Australia’s population, and 2 billion people worldwide. By 2025, they will make up 27% of our workforce.
Are YOU ready for them in your workplace?
Here are 10 things to know about Generation Z …
- Most prefer a multidisciplinary and global focus to their work – so they get richer experiences and opportunities to travel (Deloitte)
- Most (70%) say a curious and open mind is more important than a specific skill or expertise (Ernst & Young)
- Their ideal work environment is a mid-size organisation (41%). Only 14% want to work in start-ups (Robert Half)
- 25% want their companies to incorporate virtual reality into the workplace (Future Workplace)
- Most (77%) expect to work harder than past generations to have a satisfying and fulfilling professional life (Robert Half)
- They are 2.5 times more likely to stay with their employer for five or more years if they have challenging, meaningful work (Accenture)
- Most (80%) think that embracing failure on a project will help them to be more innovative (Ernst & Young)
- Most (65%) feel confident they will be better off – financially and happier at work – than their parents (Ernst & Young)
- Nearly half prefer a fully self-directed and independent approach to learning. But only 20% of leaders plan to offer this level of self-direction (LinkedIn Learning)
- The most important quality they want from a boss is “honesty/integrity” (38%), followed by “mentoring ability” (21%) (Robert Half)