Millennials Vs Gen Z At Workplaces: Who Wants What?

Employers have new challenges to face when they are shaping their work cultures because of the drastic gaps between what Millennials and Gen Z workers want. However, building modern workplaces also boosts inclusion, diversity, and equity. But let’s explore these two generations of workers, especially in India, and see how uKnowva HRMS helps employers in meeting employees’ expectations at every level.?

Who Are Millennials And Gen Z Workers?

Millennial workers would have been born anywhere from 1981 to 1996. Whereas Gen Z workers were born anywhere from 1997 to 2012. Millennials were also popularly known as Gen Y.?

Workplace Saturation

According to a study by Computerworld.com, there are about 37% of Millennials in the workplaces. At the same time, by 2025, Gen Z is expected to have reached 25-27% of the global workplace market.?

(Source: Pumble.com)

Millennials are facing a great number of burnout and saturation situations at their workplaces. This is because of the large number of entries of Gen Zs at those workplaces. The transformation from Millennials to Gen Z is becoming rapid and is quite evident.?

Key Differences Of What Millennials And Gen Z Want At Workplaces

We know that Millennials and Gen Z share some commonalities. Yet, their expectations right now are different from modern workplaces. Read about them below to use the uKnowva HRMS solutions appropriately.?

Job flexibility vs job stability:

Millennials are popularly known as the job-hopping working population, but Gen Z workers are different. They are new in the corporate world. So, they seek out workplaces where they find better job stability instead of flexible work styles.?

Gen Z workers stay in a job for about 2.5-3 years. Whereas hiring managers have to consider what employee engagement, referral, retention, and growing programmes they can offer to Millennials.?

Work-life balance vs salary and career advancement:

Gen Z employees are more financially and monetarily motivated than the Millennials.?

The latter generation category is in the market for a sense of belongingness and creating a work-life balance. They usually have more than 10+ years of experience. So, Millennials have already had the usual struggle in the first years of their job lives. The above image shows the same. (Source: Deloitte)

Encouraging feedback vs straightforward feedback:

The way Millennials and Gen Z receive feedback is different because of their different upbringing. Millennials prefer fluff in the way they receive feedback and help them improve their skills with a morale boost. In contrast, Gen Z workers would like straightforward feedback on what went wrong and how to improve it with a strategic mindset.?

Written/visual vs short-video communication format:

Millennials have spent their year teen years on texting and photo-based social media networks. They have a habit of communicating on messengers or social intranet platforms at workplaces.?

Whereas Gen Z workers have grown to short-video platforms as a significant means of communication.

The above image shows that most Gen Z workers prefer communicating in person and through virtual socialisation platforms, which mostly include video formats. In contrast, Millennials efficiently spearhead communication through case studies and opinionated copies. Gen Z workers are equally valuable in more visually appealing communication formats like short videos, PPT slide shows, and more.?

Conclusion:

Organizations need a healthy blend of Millennial and Gen Z workers. But we understand how both of them operate differently. Bringing them together in teams could be challenging initially. But smarter workforce management solutions like uKnowva HRMS are there to help. Talent managers and leaders can utilise the functions like social intranet and its features like polls, surveys, and video/image posting on uKnowva HRMS to manage different workers at the same time. Plus, uKnowva HRMS helps understand the growth aspect of each worker with the goal-setting, performance management system, and live stats reflected on the HR analytics without any bias.