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The demands in their work universe are different from those of past generations.
Work flexibility and well-being are the great value offers that companies cannot miss to retain new talent.
The corporate concern for managing and retaining the new talent of Generation Z and Millennials requires skills to understand their motivations and their psychological characteristics separately. Today, centennials they are far from the labor universes of past generations and are characterized by having their own identity.
Survey data EY 2021 Work Reimagined Employee Survey They assure that the well-being and satisfaction of employees are paramount in organizations because “most employees are willing to leave their current job if they are not offered the flexibility they want, and millennials are twice as likely to quit than baby boomers”.
The trend continues in Generation Z51 percent prioritize their mental health and for them it is important that companies provide adequate psychological support and a healthy work environment in which there are no overtime, toxic leaders, harassment or discrimination, indicates a ZSpeak report.
Priorities that companies cannot miss to retain the new talent of Generation Z
Generation Z is considered to be those born between 1995 and 2010. Some of its characteristics is that they have the drive for change and seek a stance on the problems that plague society.
In that context, the centennials prioritize fair wages, 61 percent of young people say that the economic benefits of hand in hand with performance are important, indicates the ZSpeak study.
With their drive for change, they seek to expand the benefits of a healthy environment throughout the company and not just be personal.
On the other hand, it is important to mention that labor flexibility is essential to promote competitiveness and continue with the operation of companies and although it would be thought that the new generations prefer to work from home, ZSpeack reveals that 70 percent of new talent prefer hybrid work models (48 percent) and face-to-face work (22 percent).
According to Gustavo Calicchio, Founding Partner of Blueberry Fox, the home office limited employees to feel connected to the team and prevented the building of significant connections throughout the companies.
According to the survey carried out by The Work Trend Index, it shows that 60 percent of Generation Z did not have a good time with fully remote work, as they had more difficulties in reconciling work with their personal life and expressed feeling exceeded after a typical work day.
Therefore, Generation Z presented difficulties in adapting to the home office, a scheme that was functional to give continuity to the activities of the companies during the pandemic; however, it caused young people between 18 and 25 years old not to feel committed to work.
With hybrid work and work flexibility, centennials find a sense of purpose and well-being, value offers were prioritized during the pandemic, according to EY mentions that some companies improved their employees’ compensation, health benefits and added programs in order to prioritize well-being.
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