Understanding Gen Z and Managing Gen Z in the Workplace
If you think having an on-campus presence is enough to hire the right talent,
particularly Gen Z, think again. Understanding gen Z and keeping tabs on their
behavior, likes, habits, among others, is a tricky slope. Research by the Harvard
Business Review, 72% of millennials hear about companies from friends, 68% from the job board,
and 45% from on-campus recruiting events. Plus, according to research, 54% of Generation Z
candidates won’t even apply if they think the company’s recruiting methods are outdated.
Clearly, not understanding Gen Z is a mistake. Plus, if your campus
recruitment plan is not holistic, to begin with, you are already losing out on potential talent that's active on other avenues.
For effectively managing Gen Z in the workplace—also known as the
online generation--you need to go virtual. In other words, besides
having an on-campus recruitment strategy, you also need to focus on
driving online campus recruitment. This includes leveraging virtual
events such as career fairs and email campaigns that empower
organizations to reach out to a more global student base at improved
speed and effectiveness. You can also make use of social media channels such as LinkedIn to reach out to top talent, as 94% of job seekers use smartphones to browse or search for jobs online.
Now that you have a good understanding of how Gen Z thinks, let's
look at the top-7 EVPs on managing Gen Z in the workplace:
Top-7 EVPs on Managing Gen Z in the Workplace
To better cater to Gen Z's requirements and manage them optimally, some organizations create a dedicated set of Employee Value Propositions that's relevant to their needs. These include:
-
Collaboration, feedback, and communication: Focus on team collaboration,
feedback, and communication as
51%
of them prefer speaking to friends, family, and
coworkers face-to-face rather than text. You can choose video calls over phones if
working remotely and conduct regular check-ins with the team. You can also drive
team bonding activities and review your communication channels. As per a Future
Workplace report, Gen Z now gets performance reviews daily (19%), weekly (24%), or
regularly (23%), instead of annually (3%).
-
Incentives and perks: Demonstrate a mix of traditional perks and benefits such
as health insurance, compensation perks, student loan assistance, wellness benefits, etc.,
to reel them in.
-
Ownership and freedom: Provide them with the freedom and space to take job
ownership as Gen Z is known to not rely on traditional roles and tasks.
-
Flexible workspace: Promote a flexible work schedule with good work-life balance
and instill a culture of 'unplugging,' allowing Gen Z to view the company as prioritizing
their personal needs. In fact, mental health remains a priority for Gen Z, with
40% of
millennials and Gen Zs
saying that their employers have done a poor job of supporting
their mental well-being during the pandemic.
-
Stable job: Redirect your efforts towards creating a stable work environment and
keep a clear line of communication open with the target base.
-
Tech-driven work culture: Welcome innovative technologies that can cater to the
digital needs of the Gen Z. This includes using instant messaging channels such as Slack,
using VR and wearables for onboarding, building an employee app for driving internal
communication, investing in productivity-enhancing tools, and so on and so forth. Given
that 46% of Gen Z are online for over 10 hours a day and use an average of five screens
daily, including desktops, laptops, smartphones, TVs, and iPads, creating a technology-infused
workplace makes logical sense.
-
Growth opportunities and career progression: As per the
Deloitte Global Millennial
Survey 2019
, 35% of millennial's and 33% of Gen Z’s claimed to leave their current place of
employment in the next two years due to not having enough opportunities to advance.
Additionally, the same survey claims that organizations need to supplement the career
opportunities with robust training and leadership programs, with a real and tangible focus
on diversity.
-
Make the business purpose-driven: As per research by Mashable, around 60% of Gen Z
wants their job to impact the world and prefer working for companies with a strong sense of
purpose. Hence, managers should give the business a higher purpose if they wish to drive
employee loyalty.
The learning: For Gen Z, an impactful job translates to effective use of
digital technology and tools, powerful relationship-building, and a personalized work
experience. Managing them requires a different set of criteria that goes beyond
providing ping pong tables or Zumba sessions at work. Campus recruiters need to keep
these factors in mind when creating a campus recruitment plan and demonstrate the
company's holistic work culture at every juncture possible.