As a professional trainer, business school professor, former Fortune 100 project manager, and acting city manager, one key component that I have seen to be consistent that helps organizations run smoothly is people. The pandemic prompted plenty of workers to reevaluate their careers and lives, which has led to The “Great Resignation.” The cost of losing workers is estimated to be around one-third of a worker’s annual earnings, which can be excruciatingly painful as businesses are trying to recover from the pandemic.
Posts Tagged Gen Z
Generation Z is the newest generation to enter the workforce.
Ranging in age between 9-24 years old (born between 1997 and 2012), Gen Z is expected to make up a larger percentage of the global workforce than the Boomer generation (24 percent versus 6 percent).
With that in mind, how can employers attract Generation Z candidates to their organization?
Welcome to the age of the “hyper hopper” where employees are changing companies every few years. The days of tenure, pensions, and retiring from the company you started are more fairy-tale than reality.
Do you remember your first job? The skills and lessons you learned? The excitement of that first paycheck you earned? Those early work experiences helped develop your work ethic, grow you professionally and take the first steps along a career path. But today, millions of young people are missing out on this critical opportunity.
Move over Generation Y, Generation Z is set to take your place as the youngest generation in the workforce.
And if a new study is any indication, the latter have a stronger entrepreneurial spirit, are less motivated by money, are less entitled and will be better prepared for jobs than their Generation Y counterparts.
Youngest workers likely to 'power up' challenges to traditional workplaces.
With some high school tech wizards drawing posh Silicon Valley salaries and other teenagers nearing their grown-up working years, it’s not too soon to explore how members of “Generation Z” may shape, and shake up, the workplace.
HR professionals no doubt have spent plenty of time managing differences among their companies’ various generations of employees. Now, one consultant says, there’s a new group of workers who deserve immediate attention: Generation Z.