Generation Z, defined as people who were born between the years of 1995 and 2009 have been making a significant impact on workplaces and the way that people look for jobs. Gen Z is known for seeking purpose and value in everything that they do, and seeking to make an impact on the world, which contrasts from the earlier generations who simply did their jobs for the money and left, apathetic towards any negative effect of their jobs. Another defining trait of Gen Z is their sense of confidence and self-empowerment, evident through a Mcgrindle study that showed that 86% of Gen Z children plan to become an entrepreneur in the future.
Despite Gen Z not doing jobs only for money in comparison to older generations, they have much higher expectations than the older generations do. Grant Robson, Vice President of Sales at graduate recruitment company GradAustralia, says that “employers were in the driver’s seat 4 years ago, but not anymore, the ball is in Gen Z’s court… This current generation has figured out … they’ve got more authority to start asking: ‘what can you do for me?’” A study showed that in 2019 the salary was the 6th most important factor for graduates looking for a job but in 2021 it is ranked second sitting behind the work itself. However, salary isn’t enough, Manon Te Riele who works in the cyber security division says that she has watched a significant amount of her workmates leave their jobs because they felt that it wasn’t “contributing to the greater good” and that they want to feel like there’s a point to what they’re doing.
The growth of new apps and financial opportunities has led to Gen Z stop applying for traditional jobs and start flooding into newer career opportunities. Although conventional careers such as medicine and law are still popular, there are significant numbers for students who are interested in being project managers and working on ethical, sustainable, or socially conscious projects that can benefit the greater good. Rather than having regular questions like “how do I write a good resume” Generation Z tends to think more about how to build a career that they love and that serves a purpose.
If you or someone you know wish to discuss this issue further, then please do not hesitate to contact us on 02 8999 9809.