1 in 2 GenZ professionals in India worry about job loss, seek purposeful workplace
Updated: Sep 14th, 2024
One in two (51%) GenZ professionals in India have a fear of job loss and 40% worry about securing positions in their preferred fields upon entering the workplace, a report showed on Sept 13.
Despite the worries, GenZ demonstrates a clear set of priorities when it comes to their careers.
About 77% of the surveyed said they prioritise the role or brand over commercials, with 43% specifically seeking hands-on experience and growth opportunities.
This focus on professional development is further emphasised by the fact that 72% of GenZ professionals consider job satisfaction more important than salary, according to the report by talent engagement and hiring platform Unstop.
Work-life balance is one of the crucial factors to consider in any job for GenZs, with 47% of them citing this as a key element when evaluating potential employers.
Their ideal workday involves completing routine tasks efficiently, leaving room for skill-building and productivity without feeling overwhelmed.
Ankit Aggarwal, Founder and CEO of Unstop, said that for the youngest generation in the workforce, work isn’t just a place you go to every day to get your account credited regularly.
“It has to fit into several key aspects of your life seamlessly. The GenZ workforce is bringing about a revolution and pushing for a work environment that is purposeful rather than monotonous,” he mentioned, adding that they are reminding us that work should be a part of life, and not the other way around.
The report also revealed a disconnect between GenZ’s motivations and HR perceptions. While 78% of GenZs switch jobs for career growth, 71% of HR professionals assume it’s primarily for better pay.
About 27% of HR leaders believe that supporting employee mental health is not their responsibility.
In reality, only 25% of GenZs prioritise money as their main motivation while switching jobs, said the report.
(This story was taken from a syndicated feed, and edited only for style by Gujarat Samachar Digital staff)
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