A global study
predicts that in less than
10 years, 40% of the workforce will be composed of
Gen Z talents. In the Philippines, 65% of Gen Zs
are already participating in
the workforce either taking
part-time or full-time jobs.
Their goals and aspirations
drastically differ from their
previous counterparts,
and their deep regard for
societal awareness influences their decisionmaking when it comes to
their careers. While being
seen as “idealists”, their
being extremely dedicated
goal-getters make them
excellent candidates for
any industry.
Leading online
job platform JobStreet
by SEEK shares that this
shift in demographics will
change the dynamics of
the workplace culture.
Therefore, employers
even with established
hiring practices are advised to recalibrate, if not
enhance, their processes.
Motivational drivers for Gen Zs
According to JobStreet’s recent data, with
Gen Zs being true digital
natives, they value innovation and change more
than anything. They usually select their place of
work based on the impact
that the organization has
made on society. Factors
like company values and
political stances heavily
influence their decision
making. Clearly, Gen Zs
are not afraid of upholding their principles as they
are more empowered with
access to information and
sharing their minds.
Stability, work-life
balance, competitive salary, and benefits are also
of immense value to Gen
Z candidates, as reported
by JobStreet. A research
by the World Economic
Forum also revealed that 73% of Gen Z
employees desire permanent flexible work alternatives. That said, companies can take advantage
of this by improving their
people programs and culture, while keeping in mind
the organizational goals,
to attract a new wave of
empowered and engaged
talents.
With the circumstance at hand, JobStreet
suggests employers to
adapt and be more progressive to address this
cultural gap between
them and these new-gen
talents. Employers may
explore implementing sustainable and impactful advocacy projects that focus
on equality, gender acceptance, politics, and the
environment—topics that
matter most to Gen Zs.
Furthermore, it is
advised to have a healthy
and flexible working environment if a company
wants to attract and retain
them.
“The desires of
Gen Z talents might seem
like high-maintenance demands, but they are
absolutely valid. Employers really need to ensure
that they are implementing
practices that are healthy
for their workers to continue attracting and retaining
talents,” shares Dannah
Majarocon, JobStreet
Philippines’ Managing Director.
Industries preferred by Gen Z
Given the things
that Gen Z candidates put
a premium on, their preferred industries to work
in also differ quite a bit
from the preferences of
millennials or Gen X-ers.
According to JobStreet’s
Global Talent Survey, accounting and government
jobs are Gen Z’s top choices in terms of industries
they’d like to work in. Male
Gen Zs are most inclined
to work in the Computer
(Hardware), Engineering,
IT Consulting, Automotive,
IT Outsourcing (BPO), and
IT Software industries.
Meanwhile, female Gen
Zs prefer to look into Trav