Work-life balance is more important than salary for Gen-Z workers

-

Nearly half (45%) of Gen Z workers say career and money does not define success, prioritising a work-life balance.

This shows a rejection of traditional work pressures to ‘make it’ in favour of a more balanced lifestyle.

The research by Impero also suggests the death of the ‘Girlboss’, the role of side hustles.

It also highlights how Gen Z are reacting to the pressures of social media where 42 percent of the group said that social media is the key driver of anxiety around productivity.

HRreview Logo

Get our essential weekday HR news and updates.

This field is for validation purposes and should be left unchanged.
Keep up with the latest in HR...
This field is hidden when viewing the form
This field is hidden when viewing the form
Optin_date
This field is hidden when viewing the form

 

“We are living at such an unprecedented time, coming out of a pandemic and with a cultural shift that has put the power back in the hands of Gen Z. Brands must acknowledge the shifting attitudes of the younger generation to work, and adapt the way they market it,” warns Research and Next Generation Culture Insights at Impero, Zuhur Mohamed.

 

Side hustles

The research has found that although there is no single reason why young Brits are taking on a side hustle, they are dedicating more time to them.

The report shows 17 percent regard their ‘side hustle’ as a pure passion activity and 57 percent of Gen Z spending more than 16 hours a week on them.

Moreover, 38 percent said that they use extra income to counteract the economic hardships faced as a result of the pandemic, and the rising cost of living.

 

The future of work

As a result of greater focus on entrepreneurship and side hustles, there is opportunity for brands to support self-starters and equip them with the tools they need to turn their passions into financial reward without sacrificing their work-life balance.

A challenge that is supported by the fact that 38 percent of British workers planned to change jobs between September 2021 and March 2022 to allow for a reprioritisation of their life.

The report demonstrates that for brands, hustle culture has long been an easy way to engage younger aspirational audiences. However, Gen Z’s growing consciousness around toxic work cultures, means that brands need to update their understanding and market towards younger consumer’s new aspirations and definitional of work and success.

“From the rise of Capitalism memes and Goblin mode, to Girlboss satire and the anti-work movement, these are all examples of a loud online conversation interrogating productivity and traditional markers of success. Young people want permission to play, slow down and indulge, think about how your brand can services these new aspirations,” highlights Mr Mohamed.

 

 

 

Amelia Brand is the Editor for HRreview, and host of the HR in Review podcast series. With a Master’s degree in Legal and Political Theory, her particular interests within HR include employment law, DE&I, and wellbeing within the workplace. Prior to working with HRreview, Amelia was Sub-Editor of a magazine, and Editor of the Environmental Justice Project at University College London, writing and overseeing articles into UCL’s weekly newsletter. Her previous academic work has focused on philosophy, politics and law, with a special focus on how artificial intelligence will feature in the future.

Latest news

Alison Lucas & Lizzie Bentley Bowers: Why your offboarding process is as vital as onboarding

We know that beginnings shape performance and culture, so we take time to get them right. Endings are often rushed, avoided or delegated to process.

Reward gaps leave part-time and public sector staff ‘at disadvantage’

Unequal access to staff perks leaves part-time and public sector workers less recognised despite strong links between incentives and engagement.

Workplace workouts: simple ways to move more at your desk and boost health and productivity

Long periods at a desk can affect energy, concentration and physical comfort. Claire Small explains how regular movement during the working day can support wellbeing.

Government warned over youth jobs gap after King’s Speech

Ministers face calls for clearer action on youth employment as almost one million young people remain outside education, work or training.
- Advertisement -

UK ‘passes 8 million mental health sick days’ as anxiety and burnout hit younger workers

Anxiety, depression and burnout are driving millions of lost working days as employers face growing calls to improve mental health support.

Employers face growing duty of care pressures as business travel costs surge

Employers are under growing pressure to protect travelling staff as geopolitical instability, rising costs and disruption reshape business travel.

Must read

Nicola Smith: The rise of women reaching senior management.

I don’t think of myself either as a feminist...

Pavel Shynkarenko: Five ways to manage freelance contracts more effectively

It’s estimated that the self-employed market contributes £275 billion to the UK economy.
- Advertisement -

You might also likeRELATED
Recommended to you