Recently, a young IT entrepreneurtalked about the three biggest challenges for young professionals, i.e. GenZ. They were lifelong learning, the insufficient public pension and a company with a strong purpose.
In my cohort, Generation X, these were lifelong learning, the state pension is not secure and never working for a company, which is dishonest. Depending on your opinion, these were mostly large corporations with corruption problems, defence companies or nuclear companies.
Lifelong learning was a challenge that seemed normal and cool just before graduating from university. I still enjoy learning new things today. Whether you like it or not, in technical professions one or two training courses with certificate exams per year are now normal. Something that surprises the non-technical people in my group of friends, but is becoming increasingly common in more and more professions.
The German Federal Minister for Social Affairs Dr. Norbert Blüm said “Pensions are safe” in 1997 and corporate pensions almost completely disappeared. And there were some scams with private investment schemes that were sold as supplementary pensions. In fact, the state pension has proved to be quite safe. Nevertheless, there is always good reason to build up additional savings.
I am emphatically not saying that nothing has changed in general. But I believe that the demands of Generation Z are primarily the demands of young people, which are not that unusual. I have always found a mixture of young and experienced people to be beneficial. For example, if a status quo has been challenged by motivated employees for 10 years, then it may only take another year and a young woman who is committed to working against it and it will fall.
There are amazing employees in Generation Z and, not to forget, also amazing employees in Generation X (Y, etc.) who are constantly shaking up the status quo and pushing things forward. Just talk to people and listen to whether they fit into the team.