- Gen Zers don’t stigmatize “job switching,” according to a new study by Oliver Wyman.
- They want flexible hours and a work-life balance, and will quit if they don’t get it, according to the study.
- Courtney Grover told Insider that “changing jobs helped me really learn what I like.”
Members of Generation Z don’t share previous generations’ hangups about “changing jobs,” according to a new study from management consulting firm Oliver Wyman.
They’re happy to get rid of unsatisfying jobs that don’t offer the benefits they want, and they’re always looking for something better. In fact, 70% of Gen Zers who say they are “loyal” to their employers are actively or passively looking for a new job, the research found.
Oliver Wyman surveyed 10,000 Gen Zers aged 18-25 in the US and UK in an attempt to analyze how “the biggest, most disruptive generation in history” will affect long-established business practices. long time ago.
People born between 1997 and 2012, often called Gen Z, came of age during the pandemic. Having lost much of their youth to COVID-19, they seek a sustainable work-life balance and are unprepared to sacrifice free time to climb the corporate ladder, according to research.
More than previous generations, they are even prepared to jump ship without a backup plan, the survey found.
Generation Z views work in “a more transactional way” than previous generations and has a “long list of demands,” according to Oliver Wyman’s study. In particular, they want jobs that include benefits like comprehensive health coverage and mental health support, as well as institutional transparency.
They are also demanding more and more flexibility, and are willing to give it up if they don’t get it. Many of them started working during the pandemic, when most offices were closed, so they “have no interest in soul-sucking commutes,” survey respondents said.
According to Oliver Wyman’s survey, 85% of Gen Z prefer a hybrid or remote work pattern.
This means employers looking to recruit and retain Gen Z workers need to allow employees to work from home, have more time off and show they support diversity, Oliver Wyman’s research found.
Courtney Grover, 26, told Insider that she “jumped from job to job” in her early twenties: “Changing jobs helped me really learn what I like and what I want to do with my life.”
However, she acknowledges that jobs on the go can be exhausting. After trying recruiting, waitressing and surveillance, Grover joined a public relations firm called Kindred Agency last year and says she’s more satisfied with the job now.
She told Insider: “I only calmed down after hitting rock bottom and talking to my boyfriend’s father, who is part of the generation that spent their entire lives working at the same company.”