Peggy Smedley on LinkedIn: In 2024, Gen Z will overtake the full-time workforce. We must prepare for… | 14 comments (2024)

Let’s talk about Gen Z workforce development and mobility for a hot minute.As #genz transitions into the workforce, the old benchmarks for retaining talent and building company culture don’t work because these dated ways don’t center around future workforce values. Born with phones in their pockets, giving them both global and community awareness that only compounds, this generation demands not just jobs but careers that pair purpose and the flexibility to pursue innate interests.What Makes Gen Z Different?🌍 Brand Minded: “What’s your brand?” is no longer a work-related question but social circle-oriented because this professional development question is really about their story🧘 Well-being Focused: Prioritizing mental health and work-life balance more than any previous generation🤌 Hustle spirited: Seek upskilling opportunities or projects that would enable them to monetize themselves or pursue intrapreneurshipThese traits are important for them to become seasoned professionals and play a larger role as an emerging and a mobile workforce. One that requires them to be skillfully dynamic because of fastening industry and technology-driven transformation.These terms all sound similar – workforce development, workforce mobility, emerging workforce – but they are not.Workforce Development is about preparing and enhancing the workforce's capabilities to meet the evolving demands of the job market. Workforce mobility refers to the flexibility and autonomy to use one’s skillsets agnostically across industry and job/career. Emerging Workforce considers everyone as the next generation of workers as long as they bring new skills, expectations, and ways of working that can reshape the future of work as young or seasoned professionals for an organization.They are each distinct, yet they are at constant intersections. Collaboration between employers, upskilling educators/partners, and the future workforce is necessary to build a future where everyone loves what they do.#futureworkforce #careerexploration #workforcemobility #workforcedevelopment #emergingworkforce #publicprivateintersection #futureofwork

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For the first time ever, the workforce consists of 5 generations working simultaneously.This cultivates extraordinary challenges for engagement, retention, and productivity.Misunderstanding how to navigate beyond today’s working-age population will likely cause a struggle to build a reliable workforce that can maintain operational effectiveness.Early retirements and a sharp mix of ageism and cost cutting measures caused a loss of institutional memory, expertise, and loyalty.This together with fewer younger workers joining the workforce to maintain operational effectiveness created a hole that companies are finding it hard to climb out of.Including aging diversity and evaluating how each generation operates such as, managing style, workplace arrangements, growth and development, engagement, mentorship, training, and lastly compensation and benefits can have a tremendous impact on overall retention.Equally, creating a interconnected work environment that balances and brings together the different generations will expand your consumer outreach to the multiple generations purchasing your product or service.What are you doing to overcome the generational challenges to retain top talent?

By 2025, Gen Z may constitute over a quarter of the global workforce. Attracting and retaining this talent will be crucial for employers. Our latest blog post outlines strategies for adapting to Gen Z's work style, enabling you to hire top talent from these digital natives while keeping them engaged in your organization over the long term.Check out our blog to learn how you can create a welcoming and supportive workplace environment that aligns with Gen Z's interests and skillsets. Let's seize the opportunities together!https://lnkd.in/gzvGDGDm#GenZ #Workforce #TalentAcquisition #EmployeeEngagement

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🔍 Retaining Gen Z Employees: It’s Simpler Than You Think!It doesn't have to be difficult!Understanding what drives this generation can make all the difference.Here’s what Gen Z is looking for:Openness and Trust: They value autonomy and trust, not micromanagement. Give them space to showcase their skills.Flexibility: Offer flexible working hours and remote work options to cater to their need for a work-life balance.Supportive Environment: Create a culture of support and inclusivity. They thrive in environments where they feel valued and understood.Learning Opportunities: Continuous learning and development are crucial. Provide them with opportunities to upskill and grow within the organization.Growth Potential: Clear career progression and growth opportunities are essential to keep them motivated and engaged.Competitive Salary: Compensate them based on their skills, honesty, and attitude, not just their experience level. Fair and competitive pay is a strong motivator.By focusing on these aspects, retaining Gen Z employees becomes a lot simpler. Let’s create an environment where they can flourish and drive our organizations to new heights! 🚀#EmployeeRetention #HR #WorkplaceCulture #Flexibility #Growth #Support #CompetitiveSalary #CareerDevelopment

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Did you know that young workers are redefining career paths by chasing multiple jobs and income sources? 💼📈 This new trend is reshaping the workplace landscape, unlocking fresh opportunities, and fostering a dynamic work culture. Are you ready for the future of work? #CareerShift #SideHustle #WorkplaceTrends #FutureOfWork #YoungProfessionals

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Generation Z is reshaping the workplace landscape with their unique preferences. From flexible work arrangements to a sense of purpose, they seek more than just a job. Notably, Gen Z places a larger emphasis on personal development and growth than their older colleagues. It seems that environments that make an effort to foster growth, innovation, and inclusivity will have the best chance to not only attract but retain this dynamic generation. What are ways we can craft jobs that feel meaningful and offer ongoing learning for Generation Z?#Future #Work #GenZ #Labor #Market

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RETAINING NEW AGE EMPLOYEES Retaining new age employees requires a multifaceted approach that addresses their unique needs, preferences, and aspirations. Here are some strategies to consider:1.Offer Opportunities for Growth and Development:New age employees are eager to learn and advance in their careers. Provide them with opportunities for skill development, training programs, mentorship, and career advancement. Create clear pathways for progression within the organization to keep them engaged and motivated.2.Promote Work-Life Balance:Flexible work arrangements, such as remote work options, flexible hours, and wellness programs, are highly valued by new age employees. Respect their need for work-life balance and encourage a culture that prioritizes well-being and mental health.3.Provide Meaningful Work:New age employees seek purpose and fulfillment in their work. Align their roles with the company's mission and values, and provide opportunities for them to make a positive impact. Show them how their contributions contribute to the organization's goals and larger societal issues.4.Encourage Open Communication and Feedback:Create a culture of transparency and open communication where employees feel comfortable sharing their ideas, concerns, and feedback. Provide regular feedback and recognition for their contributions to keep them engaged and motivated.5.Embrace Technology:New age employees are digital natives who are comfortable with technology. Provide them with the tools and resources they need to succeed in their roles, and embrace digital communication and collaboration platforms to facilitate remote work and teamwork.6.Promote Diversity and Inclusion:Create a diverse and inclusive workplace where all employees feel valued, respected, and empowered to be their authentic selves. Celebrate diversity and promote equality and fairness in all aspects of the organization.7.Offer Competitive Compensation and Benefits:While salary is important, new age employees also value other aspects of compensation, such as healthcare benefits, retirement plans, and additional perks. Ensure that your compensation packages are competitive and align with the preferences of new age employees.8.Build Strong Relationships:Foster a sense of community and belonging among new age employees by organizing team-building activities, social events, and networking opportunities. Encourage collaboration and teamwork to create a supportive and inclusive work environment.By implementing these strategies, organizations can retain new age employees and build a strong and resilient workforce for the future.#geneZ #workculture #employees #balance #life #relationships #care #wellbeing #greatplacetowork #hotels #offices

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The future of work is in the hands of Gen Z. Our values will drive how things will work for an organisation.Here are 11 common trends identified among Gen Z job seekers:1. Meaningful Work: Gen Z often seeks jobs that provide a sense of purpose and align with their values and interests.2. Technology: Access to cutting-edge technology and digital tools is in their blood.3. Diversity and Inclusion: They value workplaces that promote diversity and inclusivity.4. Career Growth: Opportunities for skill development and advancement are crucial for them.5. Work-Life Balance: They value a healthy balance between work and personal life, including flexible work arrangements and reasonable working hours.6. Social Responsibility: They often prefer companies that demonstrate corporate social responsibility and environmental sustainability.7. Collaboration: They prefer collaborative and team-oriented work environments.8. Learning and Development: Opportunities for skill development, training, and career advancement are important to them.9. Remote Work: The ability to work remotely or in a hybrid fashion is highly desirable for flexibility and convenience.10. Feedback and Recognition: Gen Z appreciates regular feedback, recognition for their contributions, and opportunities for growth.11. Competitive Compensation: Fair pay, benefits, and transparency regarding compensation is expected by them.Generation Z is reshaping the modern workplace with their unique preferences and expectations. To attract and retain Gen Z talent, companies must prioritize work-life balance, offer learning and development opportunities, and create innovative workspaces. The future of work is in the hands of Gen Z, and their values and aspirations are driving positive transformations in organizations worldwide.Do you agree with this?LinkedIn | LinkedIn for Creators#genz #furtureofwork #job

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🔍 Working with Gen Z in the Modern Workplace 🌟According to The Economic Times, around 88% of Gen Z professionals have been reevaluating their career trajectories, surpassing both millennials (67%) and Gen X (55%) professionals. The reasons behind this shift are diverse, driven by the dynamic job market, aspirations for improved compensation, flexibility, work-life balance, and the growing impact of automation and artificial intelligence.What's particularly interesting is that professionals are looking at a range of options for career development, including short courses, employer-sponsored training, and university degrees. It's clear that the Gen Z workforce is adaptable and proactive when it comes to navigating the evolving world of work.As the professional landscape continues to evolve, one of the most intriguing aspects is the integration of the Gen Z workforce. While they bring fresh perspectives, boundless energy, and a knack for technology, working with Gen Z can also present unique challenges. Let's dive into a few key points worth exploring:1. Tech-First Approach: Gen Z grew up in a digital world. Their reliance on technology can be a game-changer, but it may also create a communication gap, especially when working with older generations who have different tech preferences.2. Desire for Independence: Gen Z values independence and individualism. This can sometimes translate into a preference for remote work or flexible schedules, which might not align with traditional workplace norms.3. Expectation for Purpose: They are passionate about meaningful work. If they don't see the purpose in their tasks, it can lead to disengagement, making it essential to connect their roles to the bigger picture.4. Constant Learning: Gen Z is hungry for continuous learning and professional growth. Organizations need to offer opportunities for upskilling and development to keep them engaged.5. Diverse and Inclusive Values: Gen Z has strong beliefs in diversity and inclusion. They appreciate workplaces that promote these values and may resist organizations that don't prioritize them.6. Short Attention Span: Growing up in an era of instant gratification, Gen Z may have shorter attention spans. This can pose challenges in tasks requiring deep focus and long-term commitment.To effectively work with Gen Z, it's crucial to bridge these gaps and leverage their strengths. Adaptation, open communication, mentoring, and a flexible approach to work are some strategies to create a harmonious multigenerational workforce. By embracing these challenges as opportunities, organizations can truly harness the potential of Gen Z and benefit from their unique contributions. 🌐💼🤝 #GenZatWork #FutureOfWork #WorkplaceDiversity

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