Today, Millennials and Gen Z make up more than half the world’s population and together they account for most of the global workforce. These generations are very focused on finding meaning with the work they do and how it contributes to their personal development.
So what is important for the Generation Z / Millennials at work?
Based on a Deloitte’s survey, only about one in five respondents believe they have all the skills and knowledge they’ll need for a world being shaped by megatrends, like AI, IoT and ever-expanding digitalisation. 70 percent said they may only have some or few of the skills required and will need to evolve their own capabilities to increase their value.
Also 75 % of the respondents believe that companies are too focused on their own plans when they should be more aware of the common good and social impact.
So Millennials and Gen Z prioritise things like purpose, freedom, skill improvement and personal development over salaries, benefits etc.
What does this mean for companies who want to attract the best workforce?
So as more and more of Milleninals and Gen Z enter the global work force, new ways of working, new processes and new tools are required. Everything starts with a stronger focus on the individual employee.
At Talbit, we believe that individual’s personal growth path is at the heart of success for all modern companies. That is why we develop the best tools to support the personal and professional growth of each individual.