Along with a new perspective on work, technology, and the future, Gen Z brings tremendous workplace potential and new expectations, from recruiting and retention to communications and payroll frequency. Yes, payroll frequency. It’s a thing and an important one!
For Gen Z, the vintage vibes cash gives only adds to its appeal for this nostalgic generation. Plus, for a generation that spends so much time living in a digital and virtual world, holding something with tangible value versus looking at numbers on a small screen is an unexpectedly rewarding experience.
Generation Z is the fastest growing generation in the workforce today, the most valuable generation of emerging consumers, and the greatest driver of technology adoption around the world. Dr. Denise Villa and I researched and co-wrote Zconomy to help leaders in every industry, of every generation, in all geographies best prepare for, understand, and unlock the extraordinary potential of Gen Z at this pivotal time in their emergence.
The current stock market crash and cryptocurrency winter are a shock to every generation, but could be especially formative to Gen Z as they move forward as investors. It’s critically important that the generation not give up on investing but learn from this experience and apply lessons to become better investors as Gen Z has the most time to compound their gains of any adult generation right now!
One new trend to pay close attention to that we are studying at CGK: Ghosting. This is what happens when an employee is hired, agrees to show up to work, but then never arrives on the first day of work. Yes! This happens. And right now, it is happening a lot and creating tremendous frustration for employers. At some point, the employer-employee dynamic will likely change and become more balanced, but for the foreseeable future, ghosting is likely to stick around—so we need to take action to get new hires to stick around, too!
The combination of saving for retirement at an early age, seeking out employee benefits such as retirement matching, and a keen interest in being financially self-reliant are setting Gen Z up for a much more solid financial future later in life.
The reality is that Gen Z is coming of age facing a variety of challenges that other generations have not faced at the same life stage, most notably the Covid-19 pandemic and the always-on pressure of social media directly to their smartphone. Add in the mental-health challenges of social distancing and isolation during the pandemic, distance-learning challenges, and all the formative elements of young adulthood, and it’s easy to see why the generation is feeling like it’s a challenging time.
What happens when you combine Gen Z’s burgeoning consumer influence, social media savvy, and Hollywood’s prowess for spotting emerging talent: Hollywood agents finding their newest talent on TikTok, of course!
After 20+ years of speaking, I love that I am still learning, adapting, delivering new presentations, racing through airports to make flights, and getting to work with such awesome clients
As of September 2020, TikTok has grown by 75% and filtered into intergenerational use—signaling Gen Z’s influence in leading consumer behavior which has been likened to what Millennials did with Facebook and Instagram. In fact, TikTok was the most visited website in 2021!!!
Mobile homes have often gotten a bad rap, but now they are getting a new look as a much more affordable option during a red hot real estate market.
The COVID pandemic is the generation-defining event for Gen Z. The effects of the pandemic will shape the rest of Gen Z’s lives. Recently, I spoke with AXIOS to share The Center for Generational Kinetics’ latest research on the challenges many in Gen Z are experiencing as they move further through the pandemic (and, hopefully, enter the post-pandemic period!).
Many 40-year-old and older Millennials feel a connection to both Gen X and Millennial generations, having had experience with both analog and digital worlds. In a sense, those born on the cusp between the Millennial and Gen X generations feel like they often have one foot in both worlds.
As innovative companies seek to meet Gen Z’s desire for sustainability and improving the planet, a new and important challenge has emerged: greenwashing. Understanding greenwashing and how to avoid it will keep brands away from trouble and lead them towards growth.
Millennials are the most interconnected generation to fully emerge as adults. This generation was the first generation to grow up with the rise of personal computers, smartphones, the internet, and the constant streaming of global information from an early age.
What you may not know is that my first “office job” was at a financial services firm! The internship I had at age 18—which I got by cold calling the firm—had a significant impact on my life, including showing me the immense impact a great financial advisor can have on an individual, their family, and generations to come.
What would you do if you were being inducted into your industry’s Hall of Fame? This was not a question I ever considered. But now I know the answer. I would jump up and down while cheering across the stage!
Working with Adobe Workfront on such a timely and important study was incredibly exciting—and so were the many discoveries we uncovered! It’s rare to see such a big shift in participant responses in only twelve months.
One of the biggest takeaways from TikTok and “Style Tribes” is that it all speaks to something much deeper than the latest trends in fashion: it is the desire to belong, and TikTok makes that happen.
Surreal! I just spoke to thousands of leaders around the world as an AVATAR!!! Yes, you read that right, I was an avatar.
