It’s a classic Britishness that every generation bemoans the one that comes after. Phrases like ‘when we were kids’ or ‘you don’t know you’re born’ are familiar, I’m sure. The Gen X bosses that gave birth to Gen Z and infused values in them display this in frustrated tones and significant stats about high turnovers of young people in their organisations who have “no staying power”. They are missing the point.
Our research finds younger workers are standing up to companies and employers in a way that, frankly, Gen X are struggling to get their heads around.
This generation more than ever are concerned about climate change and environmental issues, mental health and wellbeing, data ownership and the housing ladder. For those with younger ones in their life, it’s not uncommon to be told “we are not eating in this restaurant” or “I am never going to buy from (insert name) again”. There are reasons. It is because they don’t pay their taxes, or have no gender equality data, or are exploiting children with their supply chain practices. Why then, would we be surprised to see this playing out in what jobs they are (and aren’t) prepared to do, and which companies they are prepared to work for?
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We’ve just released a study into Gen Z which reveals that young workers are looking to redefine the workplace. The findings are clear. For the majority of Gen Z employees, values such as green credentials, honesty, and social responsibility are as important as what they take home in their pay packet.
Our research shows that 42% of young workers have considered quitting their jobs because the company lacks social purpose or strong enough values. And 40% have actively turned down or avoided applying to companies they deemed unethical.
Work-life balance (63%) even edges out pay (62%) as a priority. Globally, the gap is even wider – 74% prioritise work-life balance over 68% who focus on pay, according to international recruitment company Randstad. These stats point to something deeper than a trend: they’re a wake-up call.