A new study reveals the career priorities of Gen Z, highlighting a strong inclination towards job-hopping.
- 66 per cent of Generation Z believe that switching companies is essential for career progression.
- The cost-of-living crisis is a significant factor influencing Gen Z’s decision to change jobs.
- Gen Z is more likely than other generations to see their current role as a temporary stepping stone.
- A preference for developing digital skills encourages Gen Z to seek out new job opportunities.
A recent study by FDM Group has identified that 66 per cent of Generation Z, those born from 1997 onwards, consider changing employers crucial for their career advancement. They prioritise the development of skills and gaining new experiences over traditional job loyalty. This shift in perspective is particularly evident when compared to previous generations, where long-term employment with a single company was often seen as the norm.
One of the driving forces behind this trend is the current cost-of-living crisis. In seeking to improve their financial standing, many Gen Z graduates opt to move between jobs as a means of rapidly increasing their salaries and advancing their careers. This generational group is 13 per cent more likely than their non-Gen Z counterparts to view their current job merely as a stepping stone.
Moreover, the emphasis on acquiring digital skills is significant among Gen Z. The survey indicates that 80 per cent of them would be more inclined to work from the office if it provided opportunities for coaching, mentoring, and collaboration. This desire to learn from and shadow others, particularly senior staff, underscores the generational shift towards a more dynamic workplace experience.
Despite their willingness to engage in office activities for learning purposes, Gen Z maintains a strong stance on remote working preferences. A majority expressed a readiness to resign if mandated to work full-time in an office, reflecting a broader desire for flexibility and adaptability within their work environments.
In conclusion, Generation Z is redefining workplace norms by challenging traditional practices. Their adaptability, communication skills, and problem-solving abilities are viewed as pivotal in transforming business operations. Organisations are encouraged to embrace this new wave of talent, supporting learning and development initiatives that align with Gen Z’s expectations.
Gen Z’s job-hopping trend reflects a broader shift towards skill acquisition and flexible working conditions.