Generation Z Statistics
Generation Z refers to the generation following Millennials. Typically Generation Z is defined as anyone born in the mid to late 1990s to the early to mid 2010s. Pew Research recently defined this generation as anyone born after 1997, and 1997-2012 is widely accepted as the date range. Some of Gen Z has already entered the workforce, and some of the oldest will be graduating college and will be joining the workforce this year. Considering that this is the largest generation, comprising 27% of the US population, it is important to learn more about their beliefs and background.
According to PEW research cited by EAB, Generation Z is the most racially and ethnically diverse generation yet, with 52% identifying as white compared to 61% of Millennials. Gen Z is also the most college educated generation, with more pursuing a degree than any other generation. They are also more likely to have parents with college degrees than previous generations. When it comes to their social views, a majority of Gen Z is more open to different gender identities, view ethnic and racial diversity very positively, and do not agree with using offensive language or terms. In terms of technology, Gen Z is the first fully digital generation and they are very tech savvy in the workplace. They also consume media very differently from every other generation, including Millennials. They watch less TV, but spend an average of 15.4 hours per week on their smartphones.
How Generation Z Will Transform the Workplace
There is no doubt, based on the statistics above, that Generation Z will have a major impact on the workplace. Listed below are ways Gen Z will transform the workplace in the upcoming years as outlined by Inc.:
- Multigenerational Leadership: With Generation Z joining the workforce, there are now 4 generations working together. This means leaders must now prioritize multigenerational training to ensure they effectively communicate with everyone and encourage collaboration and engagement. For tips on leading a multigenerational workforce, check out our previous blog post here!
- Diverse and Inclusive Culture: Having a a diverse and inclusive culture is a very beneficial trait when it comes to attracting and retaining top talent, especially for Generation Z. While Gen Z expects a diverse and inclusive culture, you will begin to notice it also plays an important role in innovation and overall business success.To learn more, click here!
- Work-Life Balance: Millennials started the push for companies to evolve and promote better work-life balance, and Generation Z will continue the movement. Currently, seven in 10 Millennials experience at least some burnout at work and considering that burnt-out employees are 63 percent more likely to call out sick and three times as likely to quit, it is dire for employers to promote work-life balance in all employees.
- Mental Health Programs: Gen Z is very health conscious and wants a job with health and wellness benefits. The most important benefit employers should be including, though, is mental health programs. This is because Gen Z is significantly more likely (27 percent) than other generations, including millennials (15 percent) and Gen Xers (13 percent), to report their mental health as fair or poor.
- Blend of High-Touch and High-Tech: Gen Z might be the most tech savvy generation, but more than 90% prefer to have a human element to their teams. Their strong desire for collaboration and face-to-face interactions will create workspaces that are a perfect blend of high-tech and high-touch.
- Frequent Feedback: Baby Boomers and Generation X did not expect much feedback in the workplace. Millennials were the first to want their performance evaluated more often, and now frequent feedback will be necessary for attracting and retaining Gen Zers. They expect prompt feedback that is not only concise but also tracked over time.
For more information on how Generation Z will be transforming the workplace in 2020 and in the upcoming years, click here!