A report titled Gen Z at Workplace brought out by a talent engagement and hiring platform for students called Unstop has shed light on the priorities that Gen Z places on quality of life and work-life balance over job and salary.
The respondents included over 5,350 Gen Z and 500 professionals.
According to the surveyors, a majority of Gen Z are prioritizing work-life balance and job satisfaction over stability and growth, with a minor percentage (7 per cent) even prioritizing job satisfaction over paycheque.
“Work-life balance is one of the most crucial factors to consider in any job for Gen Zs, with 47 per cent of them citing this as a key element when evaluating potential employers. Their ideal workday involves completing routine tasks efficiently, leaving room for skill-building and productivity without feeling overwhelmed,” the survey revealed.
An equal percentage of Gen Z (47 per cent) professionals also said they were planning to leave their jobs within two years of joining, according to the survey.
“Gen Z demonstrates a clear set of priorities when it comes to their careers,” the survey revealed.
According to the survey, 51 per cent of Gen Z professionals are also currently afraid of losing their jobs. About 40 per cent are also worried over their professional prospects of finding the desired job when they first enter the workforce. About 43 per cent also sought hands-on experience and growth opportunities at their workplace, the survey said.
Human Resource Not Aligned With Gen Z Perceptions
Here are the other findings of the survey.
The survey also revealed a significant discrepancy between the motivations of Gen Z professionals and the perceptions of human resource experts regarding their goals.
According to human resource personnel, better income was reported as the main motivator for job switching (71 per cent), despite the fact that 78 per cent of Gen Z respondents had cited career progression as the main reason. Only 25 per cent of Gen Z professionals, however, genuinely cited money as the primary motivator for changing jobs.
The report also sheds light on various other aspects like the reasons why Gen Zs are thinking of switching jobs, their foremost concerns while entering the job markets, the measures they take to retain their mental peace, and how they cope with their varied working styles, such as work-from-home, work-from-office, or a hybrid work system, which is very different from the conventional methods.
About 77 per cent of the respondents prioritized the role or brand over commercials, the survey said.