Note: Generation Z is just starting to show up in the workplace; most are still in college. Naturally, not much is yet known about how they will influence the workplace long-term, but, as Inc. E-zine is always at the forefront of social change in the workplace, I thought it more appropriate to let them speak on the subject. As always, you can find all my blog posts from 2013 to the present on my website at http://stevemarshallassociates.com/steves-blog/.
Millennial this, Millennial that. Companies continue to focus their time, money, and efforts on better understanding this age group--and with good reason!
This past year, Millennials became the largest generation in the work force. In the United States, they number over 80 million, making Millennials (those born between 1980 and 1995) the largest cohort size in history, according to the U.S. Chamber of Commerce Foundation.
Even though the eldest in this iconic generation are just hitting their mid-30s, employers are now beginning to shift their focus to the next big wave: Generation Z.
As Millennials continue to fill open jobs, Gen-Zers are just now entering college.
How can companies prepare for this next onslaught of talent? For starters, we'll need to understand just how Generation Z differs from Generation Y and the Millennials that came before it.
How they approach the job market is just one of the key differences between the two generations.
The majority of millennials (34 percent) are in search of financial stability over the next 10 years, while most of Gen-Z (32 percent) really want to find their dream job. Millennials are also more interested in jobs with opportunity for growth than their slightly younger counterparts.
And just how well prepared do they feel by their post-secondary institutions? Surprisingly, far more Gen-Z college students--38 percent--believe their college is doing a good job at preparing them for their career than Millennials, where only 28 percent said the same.
These insights are the result of a recent survey of over 1,000 United States students who recently graduated or are in college right now, performed by Adecco Staffing USA. The results of their research are highlighted in a new infographic, "The Difference Between Gen Z and Millennials in the Workplace."
Check it out, and start preparing now for the next generation of eager, young talent!
Next Week: Who is the predominant work group on LinkedIn?