Gen Z is important to watch as they are the most diverse, most educated, and most technological savvy generation in history. and UK data, Gen Z’s ideal retirement age is astoundingly young at 54 years old, but most don’t realistically expect to be retired until 60. On top of consistently seeking better pay, Gen Z also wants to retire earlier. Gen Z women in particular were found to be almost 60% more likely than Gen Z men to leave a job in search of better compensation. Of Gen Z workers, 37% feel underpaid for the amount of hours they work, compared to 29% of non-Gen Z workers. One of the biggest reasons Gen Z actively scours available job postings is because of economic disparities between generations. When compared to other generations, they are also more than twice as likely to have an additional job on the side of their main role. Regardless, Gen Z is incredibly flexible. Part of this, however, could simply be that those in older generations are far more established in their roles or careers, and are less actively looking for change. While millennials follow closely behind, far fewer Gen Xers and baby boomers are seeking new roles. By 2031, that share is predicted to climb to 31%, second only to millennials.Īnd many in this young, up-and-coming labor force are more open about seeking alternative employment compared to their older counterparts: Generation

The Survey ResultsĪs of 2023, Gen Z already makes up approximately 15% of the workforce in the U.S. The survey assessed 10,000 adults in the United States and United Kingdom. This chart uses data from Oliver Wyman’s Gen-Z Report (2023) to showcase the generational divides of survey respondents who said they were either actively or passively looking for new work. According to Oliver Wyman, Gen Z workers shop around when it comes to work: 62% of them are actively or passively looking for new jobs. Gone are the days of sticking with one company for an entire 40-year career.

Young working adults from Gen Z-born between 1997-2012-so far have a different relationship with their employers than other generations. Charted: Gen Z Job Attitudes Compared with Other Generations

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