"What does set Gen Z apart from older generational cohorts, however, is their rejection of outdated workplace models that don't fit with the modern age. An EY study across 10 countries, " the first global generation," highlights that people aged between 18 and 34 are reimagining what it means to be an adult, forcing businesses to reinvent their workplaces in the process."
"Work 15 hour-days and miss out on precious family time? That's not Gen Z's idea of getting ahead. More than half (51%) of the young people globally who responded to the study cite mental and physical health as their primary measure of future success. Family relationships follow closely at 45%. Money and careers still matter to Gen Z though, ranking third and fourth on their list of priorities, while 87% of respondents believe it is highly important to be financially independent."
"Gen Z is also making different life choices compared with other generations - out of both necessity and desire. In response to social change, rising property prices and longer lifespans, young people are postponing or even skipping what have traditionally been the global milestones of adulthood: buying a house, getting married and having children - rites of passage that were prized by elder colleagues."
Gen Z and younger millennial employees are not significantly less engaged than older cohorts despite reporting higher stress. This generation rejects outdated workplace models that do not fit the modern age and is reimagining what it means to be an adult, prompting businesses to reinvent workplaces. More than half of young people cite mental and physical health as their primary measure of future success, with family relationships second. Money and careers remain important and 87% consider financial independence highly important. Many are postponing traditional adult milestones and prioritizing flexibility, purpose and wellbeing over long work hours.
Read at Fortune
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