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What are Millennials and Gen Zs looking for in their job searches?

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While the perfect job should include the ability to meet new people, sample different roles and offer a work-life balance, organisations with a strong focus on social and environmental issues were important to a large 71 percent of those aged between 18-41.

Also, having a good work-life balance was a key reason for 39 percent of Millennials and Gen Zs to stay in their current roles, according to a survey carried out by Hilton.

Even more so, over half (57%) of Brits aged 18-41 feel having a good relationship with colleagues and customers is significant, with 78 percent admitting a lack of social interaction a key consideration to changing jobs.

In fact, 25 percent of 18-41-year-olds revealed they thought about switching jobs in the past year over concerns for their mental health and wellbeing.

 

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However, meeting the needs of both generations, a majority (66%) of Millennials and Gen Zs united in considering a career in hospitality over the past 12 months; ranking travel perks (19%), flexible working hours (21%), career development opportunities (16%), and a culture committed to supporting mental health and wellbeing (15%) as the most attractive industry benefits.

“Our research shows that the pandemic has shifted how we think about work,” says Senior Vice President and Managing Director, UK & Ireland, Hilton, Steve Cassidy.

 

A Gen Z exodus

Most of the generation are also calling for greater wellbeing support, with 75 percent wanting financial wellbeing support, according to research by Perkbox.

Also, 70 percent and 76 percent want their organisation to help take care of their mental and physical health, respectively.Gen Z are also seeking a sense of community and strong working relationships, too – in fact, 93 percent of Gen Z employees believe their employer can do more to strengthen relationships across their business.

Nearly all (87%) Gen Z employees want their benefits to be tailored to them as an individual. For example, almost a fifth (18%) would even move to a lower paying job in exchange for a greater variety of benefits, and 35 percent of Gen Z want more social events (in-person and virtual) organised by their employer.

Gautam Sahgal, CEO, Perkbox:

“The responsibilities and accountabilities on the plates of HR professionals have mounted over the last two years. But they have risen to the challenge admirably, finding creative solutions to supporting people in unprecedented working environments and continuing to place employees at the heart of business success.  As such, it’s important to recognise the great work and impact HR teams make every day.

“Now, as we celebrate International HR Day, evolved ways of working beckon a new challenge. HRs are seeking to build a sense of culture within organisations that are becoming increasingly borderless, something that’s reflected in this year’s theme – HR shaping the new future. With access to a remote talent pool in any location around the world, businesses must find ways to create an inclusive culture that unites people no matter where they are. Enabling colleagues and business leaders to recognise the great work of their remote colleagues is one way to build this alongside ensuring that everyone has equal access to the support and benefits that will improve their employee experience. 

“It’s a big task to tackle, but if implemented correctly, will ultimately help to create a more agile, attractive workplace with a culture that people want to be a part of.”

Amelia Brand is the Editor for HRreview, and host of the HR in Review podcast series. With a Master’s degree in Legal and Political Theory, her particular interests within HR include employment law, DE&I, and wellbeing within the workplace. Prior to working with HRreview, Amelia was Sub-Editor of a magazine, and Editor of the Environmental Justice Project at University College London, writing and overseeing articles into UCL’s weekly newsletter. Her previous academic work has focused on philosophy, politics and law, with a special focus on how artificial intelligence will feature in the future.

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