A recent survey by UnstopGen reveals that Z is afraid of losing their jobs but isn’t willing to compromise on work-life balance and career development. Getting job is becoming more challenging for this young generation, but their priorities are different compared to earlier generation workers.
The survey, which gathered feedback from 5,350 Gen Z employees and 500 HR professionals, highlighted several key concerns for this generation, including job security, workplace flexibility, fair pay, recognition, and mental health support.
Over half (51%) of those surveyed admitted they worry about losing their jobs. Additionally, 40% are anxious about finding jobs in their chosen fields once they’re ready to enter the workforce.
Also read – Employment in India up 36 % between 2016-17 and 2022-23: Centre
Around 77% of them consider a company’s brand to be more important than just the salary offered. Additionally, 43% prioritize hands-on experience and growth opportunities when choosing where to work.
A significant 72% of respondents said job satisfaction matters more to them than just earning a higher paycheck.
Ankit Aggarwal, the Founder and CEO of Unstop, explained that for Gen Z, work isn’t just about earning a regular paycheck. They want their jobs to align with other key parts of their lives. According to him, Gen Z is pushing for a more meaningful and dynamic work environment that enhances their lives, rather than one that feels routine. This survey offers valuable insights into Gen Z’s workplace preferences, signaling to companies that they must adapt to these evolving expectations or risk losing talent.
The survey reveals that 78% of Gen Z workers switch jobs to advance their careers, yet 71% of HR professionals believe the primary reason for these job switches is better pay. This highlights a clear disconnect between what Gen Z values and what HR assumes.
The survey also uncovered that 44% of recruiters think Gen Z values company culture more than career growth. However, the data shows that Gen Z looks for both a clear path to promotions and a supportive company culture.
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