By 2020, Gen Z – those born between 1990 and 1999 – will make up 20 per cent of the workforce.
Their workplace reality will be different to that experienced by any other generation.
According to the 2015 Future Leaders Index
, conducted by Co-Op in partnership with BDO, 67per cent of Gen Z are already concerned about their career prospects in the current economic climate.
Other findings from the survey included:
Where does Gen Z want to work?
- 74 per cent of Gen Z prefer to communicate face-to-face in the workplace
- 45 per cent of Gen Z cite personal challenges working with Baby Boomers, compared to 17 per cent with Gen X and 5 per cent with Millennials
- 71% of bachelor degree graduates are employed full-time within four months of completing their degree, compared to 85 per cent in 2008
The report showed that certain sectors’ growth expansions will be matched by where Gen Z want to work.
Three of the top five growth sectors – mining, child care and wholesale trade – are attracting little interest from Gen Z.
Just 4% showed an interest in child care, and only 5% are showed an interest in pursuing a career in aged care. Another 4 per cent chose or were considering a career in mining, while 3 per cent were attracted to a career in wholesale trade.
Why should employers be interested in Gen Z?
1. They are digital natives
Gen Z is the first generation of people who as teenagers did not experience a world with slow or stationary internet access.
They are used to interacting online with others, and consume and share content with ease; they easily adapt to new technologies and implement them into their work practices.
2. They are pragmatic