Though the pandemic has galvanized this movement, it was starting before Covid-19 ever arrived. Raised in a digital era that made it possible for people to speak more openly to, and with, a wider audience, they’re pushing back against a long-held American story about hard work being life’s number one priority. And that shift is largely being driven by younger workers. Whatever you think about the validity of the “ Great Resignation,” it’s clear there’s something new going on in our relationship to work. Humanity, social engagement, a leveling of the corporate hierarchy: These are some of the Gen Z demands throwing their older bosses for a loop. And a sex toy company’s founder was surprised when a Gen Z worker asked her what the company planned to do to express support for the Black Lives Matter protests. Managers at an unnamed retail business were “distressed” by younger workers who requested paid time off for dealing with menstrual cramps or anxiety. Therefore, Gen Z is not trusting anybody else to take care of their future.The Times reports that one 31-year-old chief executive’s colleague was “horrified” when a Gen Z employee assigned the boss a task to complete. Upton-Clark's article pointed out that the pandemic and its economic fallout have further eroded the belief that full-time employment is the best path to success and financial stability. However, more millennials now own their own home than rent one, though for some first-time homebuyers there's a bleak outlook.Ī March survey of 1,009 adults ages 24 to 35 by TIAA Institute found that 51% of Gen Zers and millennials don't expect to do as well financially as their parents. It's been widely reported that millennials (born between 19) in their 30s are in a tough economic spot that could stick with them through retirement, and more Americans earning over $100,000 are living paycheck to paycheck due to inflation. Further, 52% of Gen Zs and 51% of millennials think it will become harder or impossible to get a new job, and about half the respondents from both groups think it will become harder or impossible to get a promotion. The survey also showed Gen Zers and millennials are concerned about how economic conditions will hurt their ability to plan for the future, with roughly 55% of both cohorts saying it will become harder or impossible to ask for a raise. In the midst of an uncertain economy and precarious job market, Gen Z is turning up the hustle." Insider contributor Eve Upton-Clark recently wrote: "Social media is filled with examples: Young people are drop-shipping, Amazon reselling, investing in crypto, selling vintage clothing, and inventing their own content-creation jobs. Many young workers are taking on side hustles. Though of course, it depends on your skillset and how quickly one wants to generate income.Īnd while money was the top reason for taking a second job, developing "important skills and relationships," hobbies, and helping "turn off/focus on something other than my job" were other key drivers. Top side jobs are usually related to selling products or services online, gig work such as food delivery or ride-sharing apps, and social media influencing. "A lot of these jobs, not surprisingly, are jobs that they can leverage technology and social media platforms to fulfill," Michele Parmelee, a global people and purpose leader at Deloitte who worked on the research, told HR Brew.Īccording to Deloitte's survey, a lot of the side jobs are tech- or social media-dependent. Account icon An icon in the shape of a person's head and shoulders.
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