In 2023, the workplace will witness a significant transformation since Generation Z entered into the market. Generation Z refers to people born between 1997 and 2012. Gen Z is known for their digital familiarity and a desire for work-life balance. Employers need to adapt to the three anticipated demands for a successful workplace. These workplace demands help companies to attract more Gen Z.
There are a lot of factors where potential employers should align Gen Z expectations to their workplaces. These factors are flexible hours, learning resources to grow within their role, and mission-centered work. Apart from these factors, it is important to see the perspective of Gen Z and how they are heavily prioritized when they search for a job. In this article, we will explore three crucial employer demands anticipated by Gen Z in 2023.
Gen Z Looks for Community Building
It is observed that Gen Z are more aligned to build a sense of community or brotherhood. Further, it also observed that previous generations are more traditionally aligned to start a family rather than build a community. As a result of these observations, it seems that Gen Z prefers to seek out community in some ways. Gen Z prefers to communicate openly and freely whether they are working in the office or remotely. You should even consider doing “extra-curricular” activities. It’s another way to build community.
Gen Z Expects Salary Transparency
In a survey, 34 percent of Gen Z are willing to share pay information with anyone who asks but as for Baby Boomers, it drops to 4 percent. Why such extreme discrepancy? You might blame it on Social Media for that — There are many career coaches or influencers that advise new job seekers to request salary transparency before accepting a position. This includes red flagging job listings that do not provide a salary range.
Generally, It seem that Gen Z doesn’t value salary as much as previous generations. Therefore, it is easier to talk to them. If you are genuine with your approach and build a trustworthy environment, It will be easier to do salary negotiation.
Generation Z anticipates strategies to reduce stress at work.
One of the most important aspects of Gen Z is Mental health support. There should be some program or environment to reduce stress. Employers should invest in mental health resources, such as Employee Assistance Programs (EAPs). On the other hand, if you manage a wellness program including facilities, meditation rooms, or health-related workshops, it will be a great opportunity to attract Gen Z talent. These initiatives demonstrate a commitment to the well-planned well-being of employees. There are also more concrete benefits you can offer:
- Mental health days and resources
- Offering financial planning and career coaching
- Paid subscriptions to apps like Calm, Headspace, or BetterUp
In 2023, employers need to adapt and meet the anticipated demands of Generation Z in the workplace. To attract and retain Gen Z employees, companies need to invest in advanced technology and embrace social responsibility. Also, to develop a work environment that encourages a healthy work-life balance. By doing so, businesses can not only meet the expectations of Gen Z but also create a workplace that attracts and retains the best talent from this generation and beyond.
Also Read: Venture Fundamentals: A Comprehensive Look At Their Inner Working
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