Search Results for: Gen Z

Employers managing multigenerations of staff “in the dark”

by • Knowledge, News, Workplace

GRiD age research

The  latest example from a plethora of surveys is published today to add more fuel to the suspicion that “Generation Y NOT ME?” either needs slapping down or is being grossly misrepresented. “The Workplace Revolution”, by recruiter Adecco Group reports that half of those aged 34 and under – Generation Y – (47 per cent) want a promotion every two years, compared to just a fifth (22 per cent) of UK workers as a whole. But the report also warns that employers that fail to engage, motivate and retain their best employees across all ages risk damaging productivity and competitiveness.

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Liverpool and London regeneration projects get green light

by • News, Property

Liverpool Waters

Liverpool Waters

Two huge regeneration projects, one in Liverpool and one in London, have been approved today. The Community Secretary Eric Pickles gave the uncontested go-ahead for the £5.5 billion Liverpool Waters scheme at the same time as London Mayor Boris Johnson green lit the £1.5 billion regeneration of the 23 acre Heygate Estate in Elephant and Castle, South London. Both will provide a much need fillip to the UK’s moribund construction sector, creating thousands of new jobs as well as thousands of new homes, offices, shops, restaurants and other buildings in rundown areas of the two cities.

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Job dissatisfaction highest amongst Gen Y workers

by • Knowledge, News, Technology, Workplace

Gen YHot on the heels of the news this week that generation Y workers are more risk averse than older employees, it seems they’re also more dissatisfied with their jobs than other age groups. A new survey by Office Angels shows that over a quarter (27 per cent) of 25-34 year olds are unhappy in their current job, compared to just a fifth (20 per cent) of those aged over 55. This backs up the Monster.com survey, which found more than half of Gen Y employees (55 per cent) see their current employer as a mere stopping off point in their career path.

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Generation Y employees see themselves as risk averse

by • Knowledge, News, Workplace

Gen YThe Generation that put the Y in N-E-E-D-Y is the subject of yet another survey, this time one reporting that its members view themselves as less entrepreneurial and more risk averse than either Generation X (30-49 year olds) and the baby boomer generation (50-69). The survey of nearly 3,000 people by monster.com and Millennial Branding found that just under a third (32%) of Gen Y workers consider themselves to be entrepreneurial, compared to 41% of Gen X staff and 45% of baby boomers. Similarly 28% of Millennial respondents identified themselves as not being averse to risk compared to 40% of Gen X and 43% of boomers.

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Cost cutting measures are on the agenda, but may prove risky

by • Knowledge, News

SawingTreeLimbHeisSittingOnThe latest Office for National Statistics figures released today which show that the UK economy has shrunk might suggest that firms need to cut costs as they try to weather the economic storm. This idea is given credence by a major study into the procurement strategies of organisations which found three quarters doing exactly that. However another study suggests that we may be approaching the point at which further cost-cutting measures will destabilise supply chains, making price reductions counter productive and exposing buyers to a greater degree of risk.   (more…)

Global Gen Y survey highlights national differences

by • Environment, Knowledge, News, Workplace

Gen Y NotNever has a generation of humans been so much talked about as Generation Y. As this millennial army marches into the world’s workplaces and takes the reins of power (or at least control) for the first time, there has been a lot of agonising about how to manage a whole generation of people who are the first to have been nurtured in a digital world. Now a new report from Deloitte into the attitudes of millennials from around the world has confirmed that this is a complex generation of individuals with many universal ideals but with regional characteristics too.  (more…)

Consensus in property industry for green agenda

by • Environment, News, Property, Public Sector

UKBC

The UK Green Building Council, backed by a wide range of trade and professional organisations across the construction and property sector, has sent an open letter to the Chancellor of the Exchequer George Osborne demanding a suite of policy changes to make the most of the green growth opportunity. The level of collaboration and consensus from within the industry is unprecedented, and includes, among others, support from the British Property Federation, Construction Products Association, British Council for Offices and Royal Institute of Chartered Surveyors.

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Job fulfilment, not pay, motivates Generation Y talent

by • Knowledge, News, Workplace

iStock_000016736277Small

Today’s 20-to-30-something workforce, representing the management class of the future, values job fulfilment over financial reward, according to research by the iOpener Institute, which analysed responses from over 18,000 professionals. The study shows that Generation Y, the digital cohort born after the early 1980s, are motivated to stay with their employer, and to actively recommend their organisation to friends, by the level to which they are fulfilled in their job, rather than their levels of pay. (more…)

Are you a leader of the first workplace?

Are you a leader of the first workplace?

by • Company news

If you work with young people, whether you’re in the classroom, in district leadership, or pursuing an educational doctorate degree, you’re already shaping how they’ll experience work for the rest of their lives. The first real workplace they know isn’t a cubicle or a Zoom call, it’s the classroom, and when leaders get the learning culture right, students become more hopeful, more engaged and more ready for what comes next. You’re effectively running their first organisation, with norms, expectations and feedback loops that feel very similar to what they’ll encounter later in their careers. (more…)

Most people think work has a positive effect on their overall wellbeing

Most people think work has a positive effect on their overall wellbeing

by • News, Wellbeing, Workplace

A large majority of workers believe that being in employment has a positive effect on their health and wellbeing, according to a new pollA large majority of workers believe that work has an overall positive effect on their health and wellbeing, according to a new poll from Cirencester Friendly. The survey, carried out by Opinium Research in August among 2,420 working adults, found that seven in ten respondents felt that work benefits their health, with just over a third strongly agreeing. The findings suggest a broadly consistent view across generations and genders. Almost seven in ten Gen Z workers said work has a positive impact on their health, a figure only slightly lower than the three quarters of Baby Boomers who expressed the same view. Women were marginally more likely than men to agree, although the difference was slight. (more…)

Younger workers are upbeat about career prospects but expect more from employers

Younger workers are upbeat about career prospects but expect more from employers

by • News, Technology, Workplace

Younger workers are the most optimistic about their career prospects but also the most likely to look for new opportunities if their ambitions are not met,Younger workers are the most optimistic about their career prospects but also the most likely to look for new opportunities if their ambitions are not met, according to PwC’s 2025 Global Workforce Hopes & Fears Survey. The study, which gathered responses from 2,023 UK employees across 28 sectors, found that 62 percent of Generation Z professionals (aged 18 to 28) feel optimistic about the future of their roles, almost double the proportion of Generation X workers at 35 percent. Despite economic uncertainty and technological disruption, Gen Z also show the highest levels of motivation, with 71 percent saying they look forward to going to work compared to 55 percent of Gen X respondents. (more…)

People no longer want to network, and it’s harming them and their careers

People no longer want to network, and it’s harming them and their careers

by • News, Wellbeing, Workplace

The report sets out the biggest challenges holding young people back from making real life connections to build relationships and a network.The art of networking is fading from the modern workplace, with a new poll from Nova suggesting that nearly two thirds (60 percent) of young professionals actively avoid in-person networking events, while around a third (29 percent) say they feel socially anxious when faced with real-life small talk. The report sets out the biggest challenges holding young people back from making real life connections to build relationships and a network. One in four (26 percent) dread awkward silences more than anything and one in five (19 percent) secretly hate small talk and wish they could skip it altogether – despite it being one of the simplest ways to build rapport and make professional connections. (more…)

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