Millennials may have gotten the reputation for being the “participation trophy” generation, but a new report reveals a surprising truth: Gen Z is even hungrier for learning and advancement in the workplace.
This digitally-native generation, born after 1996, sees professional development as a key driver for their careers. The Workplace Learning Report 2024 shows a significant gap between Gen Z and other generations when it comes to valuing learning for career progression.
Here’s a breakdown of the data:
- Millennials, Gen X, Baby Boomers (born before 1996): 37% agreed with the statement “Through learning, I can explore potential career paths at my company.”
- Gen Z (born after 1996): 53% agreed with the statement “Through learning, I can explore potential career paths at my company.”
That’s a 16 percentage point difference, highlighting Gen Z’s strong desire to use learning as a springboard for growth within a company.
What does this mean for businesses?
Companies looking to attract and retain top Gen Z talent must cater to their ambition. Here are some key takeaways:
- Invest in Learning & Development: Provide opportunities for Gen Z to develop new skills and knowledge. This could include mentorship programs, online courses, or tuition reimbursement.
- Offer Clear Career Paths: Don’t confuse Gen Z employees about their future. Outline career development opportunities and create transparent promotion processes.
- Focus on Continuous Growth: Gen Z thrives in dynamic environments. Regularly introduce new challenges and responsibilities to keep them engaged.
- Embrace Innovation: Gen Z is comfortable with technology and often has fresh ideas. Please encourage them to contribute and be open to their innovative approaches.
By tapping into Gen Z’s passion for progress, companies can build a loyal and highly skilled workforce. Investing in their growth is an investment in the company’s future.
Written BySanyasi Raita
