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79pc of Gen Z employees considering job move – research

by Muna Abdi
May 20, 2022
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Nearly 79 per cent of Gen Z employees have thought about moving jobs in the last six months, according to benefits and rewards platform Perkbox.

According to a survey of 2,000 employees born between 1997 and 2004, often known as Generation Z, 79 per cent have considered quitting their current workplace, with one in every five or 21 per cent doing so for a better benefits package. 

The majority of Gen Z employees are looking for more wellness help from their employers. Almost 75 per cent desire assistance with their financial wellbeing, while 70 per cent and 76 per cent want their company to assist them with their emotional and physical health, respectively.

Perkbox CEO Gautam Sahgal says: “Gen Z workers have clear expectations of what they want from their employers and businesses cannot afford to underestimate these if they want to remain attractive to this growing section of the employment market.

“This is the first generation to enter a world of work that is increasingly borderless – with colleagues working remotely in locations around the globe. As such, HR leaders must ensure their business creates a strong sense of company culture and unity for its people, wherever they may be, so that everyone has the opportunity to build the relationships that are integral to productivity and company morale.

“The good news for companies is that Gen Z has already been clear in what it is looking for – whether that’s greater wellbeing support, a greater variety of tailored benefits or more opportunities to connect with colleagues. It is now up to business leaders to ensure this is reflected in rewards, benefits and recognition offerings if they’re to attract and retain the best and brightest of Gen Z talent.”

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