Are Gen Z workers more traditional than we think?

Gen Z’s reputation for fearless quitting when their needs aren’t met has been met with disapproval from some older managers, but their attitude represents an enormous opportunity.

Photo: abemos/Adobe Stock

The staggering cost of employee turnover has been well established. This isn’t news — traditional compensation and benefits practices (particularly pension schemes) made it clear that organizations prioritized investing in employees and rewarding loyalty. For much of the 20th century, decades-long careers with the same firm were common.

Today, things are different. As workers began to change jobs and organizations more frequently, industries benefited from a more flexible and dynamic workforce. However, together with the lasting effects of the pandemic labor market — which saw both labor shortages and workers struggling to find jobs — the growing representation of Gen Z in the workforce has accelerated frequent job and career change.

While decades-long careers and pensions are largely a thing of the past in the private sector, the core of corporate culture — the way we do meetings, reviews, structure organizations, tolerate unfulfilling work to climb the ladder, and balance work and personal time — is still deeply rooted in tradition. To the digital natives now navigating the world of work, many of these traditions seem positively ancient, and they aren’t afraid to vote with their feet when corporate practices conflict with their values.

As flexibility and dynamism give way to costly “job hopping,” HR leaders are rethinking and reemphasizing engagement, loyalty, and retention. To do this successfully and reach the uncompromising values-driven perspective of today’s workforce, firms must invest authentically in their workers and communicate the value of that investment effectively.

A hidden traditionalism

While Gen Z’s reputation for fearless quitting when their needs aren’t met has been met with disapproval from many of their older managers, their attitude represents an enormous opportunity. Gen Z workers want to be invested in, and they want their work and their employer to reflect their values. If employers can meet these needs, they’ll find a workforce capable of loyalty that’s been hard to capture for decades.

The demands Gen Z workers sometimes make of their employers may seem unreasonable. Anecdotes abound of demands for 50% pay increases, clear pathways to advance to leadership positions, and unprecedented accommodation for time off. The problem is that employers cannot to trust untested workers to bring the value their demands would reflect, and workers cannot to trust employers to treat them well over the long term.

The crux of the situation is a breakdown in trust and communication, not a fundamental misalignment of expectations.

Build trust with quality training

Digital natives grew up having all the information right from the start. Without a clear path to advancement and full understanding of the organization’s values and how workers contribute to it, they’ll find it hard to trust a firm’s commitment to them. Communicating values and paths for advancement can be achieved with quality training that reaches remote and in-office employees with the same message tailored to the values and employee experience at the heart of each organization.

An effective training environment to establish trust and loyalty with a company’s digital native staff should include:

A new era of loyalty

While we’re unlikely to return to 45-year careers with the same company as standard any time soon, the attitude of the new generation of workers offers great potential for reclaiming the business value of employee loyalty. An integrated learning environment that communicates values, future pathways, and investment in the employee is a starting point for building the mutual trust required to get there.

Rob Porter is head of market and business development for CoSo’s e-learning solutions.

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