Move over, Millennials. Based on a Bloomberg analysis of U.N. data, Generation Z (those born after 2000) will account for 32 percent of the global population of 7.7 billion in 2019. As this group starts to enter the workforce, it's a good time to review a few recent studies that reveal Gen Z demonstrates a different world view than its predecessors. Notably, Gen Z (also called iGen and Post-Millennials) has never known a world without the Internet. They were born into a constantly connected world, with access to instant information and interaction with peers.
Key Data Points
2 in 5
41 percent said corporate offices are their workplace preference.
8 in 10
80 percent think failure makes them more innovative, and 17 percent said it prepares them for new challenges.
2/3
63 percent prefer to receive timely constructive feedback throughout the year, and largely all of them (97 percent) are receptive to receiving feedback on an ongoing basis or after completing a large project or task.
1 quarter
Gen Z wants wearables (27 percent) and virtual reality (26 percent) incorporated into the workplace.
63%
Almost two-thirds said they feel it is most important to work with people with diverse education and skill levels.
29%
Nearly one-third of Gen Zers selected "work-life balance" as their number 1 priority for choosing a job, followed closely by career advancement opportunities at 24 percent.
1/4
Gen Zers are not afraid to venture outside of their comfort zones when presented with a new challenge—24 percent said they are excited and honored for the opportunity.
Sources: Comparably ; PR Newswire ; Future Workplace and Randstad US
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