Internshala Jobs has released a new report titled “Navigating GenZ Workplace Expectations in 2024: Insights for HR Professionals,” providing an in-depth examination of GenZ individuals’ expectations and preferences as they enter the workforce. The report highlights that 67% of GenZ job seekers prioritize learning and growth opportunities over salary packages, emphasizing their strong desire for continuous skill enhancement and career advancement. Only 4% are motivated by company culture, and 3% by brand reputation, while additional perks like health insurance and ESOPs are a motivator for just 1% of applicants.
Furthermore, the report reveals that 52% of GenZ job seekers feel highly optimistic about finding a job, and an additional 23% are somewhat optimistic. Work-life balance emerges as a top priority for 84% of GenZ job seekers, with preferences split between hybrid work models (45%), remote work (31%), and traditional in-office setups (21%).
When evaluating potential employers, GenZ focuses on career development opportunities (42%), promotion prospects (38%), and organizational growth trajectory (14%). Access to professional development and advancement opportunities is a priority for 41% of GenZ job seekers, followed by job security (34%) and flexibility in working hours (25%).
The report also indicates that 57% of GenZ individuals view AI as a valuable asset, with 13% anticipating significant changes in job roles. Diversity and inclusion are highly important for 67% of GenZ job seekers, while 70% prioritize companies with sustainability efforts and environmental policies.
Reflecting on the insights in the report, industry experts emphasize the importance of continuous learning and personal growth for GenZ individuals. They also highlight the significance of technology and its impact on the future of work, as well as the importance of purpose and values in attracting and retaining GenZ talent.
Overall, the report provides valuable insights into GenZ’s expectations and preferences in the workplace, emphasizing the need for employers to adapt their recruitment and retention strategies accordingly.