how the term ‘work life balance’ is changing for the youngest group of workers
The term “work-life balance” is changing for Gen Z workers. Many young people are quitting their current jobs to take new and better opportunities. Gen Z workers want fulfilment from work and life, and they want to be able to choose the best path for each.
Gen Z is the generation of people born in the late 1990s and early 2000s, typically people born between 1997 to 2012. So, what work-life balance means for Gen Z workers? Let’s discover!
The future of work-life balance
If young workers are miserable in their current positions, they are likely to leave their job and look for better opportunities. According to the global employment website, Monster, nearly 36 per cent of young workers thought about quitting their jobs several times a week in May. Around 24 per cent of young workers revealed that they were miserable in their current positions.
According to a study by Fidelity, 61 per cent of those ages 25-35 changed their jobs several times in the past few years. A study by Microsoft found that 52 per cent of Gen Z and Millennials were likely to consider changing employers by the end of this year.
Why are Gen Z people quitting their current jobs?
According to Microsoft, Gen Z workers are quitting their current jobs because of their well-being or mental health, lack of work-life balance, and lack of flexibility in work hours or locations. The Monster study also claims that 74 per cent of workers feel their employer doesn’t prioritize their well-being or mental health.
What do Gen Z workers want?
Gen Z workers want plenty of variety in supporting work-life—from work flexibility to vacations, higher salaries and bonuses. They want to feel connected to the bigger picture and contribute to important projects.
According to Fidelity, they want career growth, an increased salary, bonus and promotion. According to LinkedIn, when companies offer more job growth, their employees stay with them for a longer period.