6 ways for you to prepare for Gen Z
“Generation Z has arrived – and they’re very different from Millennials.” – Denise Villa, Ph.D., CEO, and Co-Founder of The Center for Generational Kinetics
Generation Z (Gen Z) is composed of those born between 1995 and 2010 and is the demographic cohort after the Millennials. Anyone born between 1981 and 1996 (ages 23 to 38 in 2019) is considered a Millennial, and anyone born from 1997 onward is part of a new generation.
Lately, the media has focused a lot on Millennials but we think it’s time to turn the attention to Gen Z. This article will focus on how Gen Z differs from Millenials.
- Security: When Gen Z kids were young, their parents may have taken financial hits during the Great Recession, which means they are probably searching for jobs that provide them with financial security and a secure life outside of work. Millennials, on the other hand, are idealistic and lean more towards having a job that has a purpose rather than a high paycheck. If you are trying to recruit members of Gen Z, promises of job security will most likely work.
- Independence: Members of Gen Z prefer to work alone. They would rather have their office space to themselves and many would want to manage their own projects and time. Additionally, they may not want to depend on other people to get the job done. Most of them skip higher education and jump straight into the workforce to build experience. By avoiding the years of debt, they are able to earn and provide themselves with a financially secure future. It’s important to note that education credentials aren’t everything. These Gen Z members may have the skill you’re looking for even if it’s not from schooling.
- Competition: Millenials are collaborative and team-work oriented because they want to work in an environment where everyone works together to advance the company or team goals. However, Gen Z is said to be motivated by competition. They want to be judged based on their own merit and understand the need for constant skill development. Though they work hard, they also expect to be rewarded for their work.
- Entrepreneurship: According to the Huffington Post, 72% of Gen Z high school students say they want to start a business. This could be because of their desire to achieve their dreams and be financially secure. Gen Z members are also likely to take in as much knowledge and information as they can and take on various challenges in pursuit of their goals.
- Multitasking: Whether or not people can multitask is a topic to debate for another day but if you thought that Millenials were easily distracted with all the tech, Gen Z takes it to a whole new level. They were born in a connected world so it’s all they know; they are true digital natives. Being constantly updated and switching from various tasks is part of who they are. However, they are able to get things done despite the distractions. It’s just natural for them to look at their phones for updates from apps but that doesn’t mean that they aren’t focused on the task at hand.
- Face to Face: Gen Z members prefer to communicate face to face which is probably not what you’re used to from the Millennials but it’s time to switch it up again! Gen Z employees prefer to discuss their projects and professional development in person so get ready for meetings instead of Slack.