New research reveals Gen Z values opportunities to grow in their careers over salary and long-term earning potential, despite the fact that 80% of Gen Zers enter the workforce in debt from student loans
AUCKLAND, New Zealand, June 10, 2019 /PRNewswire/ -- Nintex, the global standard for process management and optimisation, today released new research findings about Generation Z employees in New Zealand to reveal career drivers and values for the country's soon-to-be-largest generation, who is overwhelmingly saddled with student loans. The study, "The Gen Z Effect in New Zealand: Understanding your newest employees' views on work, corporate culture, automation and you", unveils that Gen Z, those born between 1996 and 2012, are ready to commit to an employer provided their values align and they are given learning and development opportunities to succeed in their chosen careers.
Nintex's research shows distinct differences between Gen Z and their Millennial predecessors. Recruiting firm Robert Walters found external motivators, like public recognition of achievements and opportunities to exercise influence, kept Millennials engaged at work. Nintex research, however, found Gen Z employees have clear career ambitions that first appear at university and follow them into the workforce. The study reveals "personal interest" is the primary motivator in selecting their focus of study at university, not long-term earning potential. Forty-two percent of Gen Zers cite "new learning opportunities" and 61% cite "expected career growth" as the most important factors for job selection.
"Our research reveals that Gen Z is a career-driven generation who need to be managed and mentored differently than the prior generation," says Nintex Chief Evangelist Ryan Duguid. "Employers who appreciate the personal interests, values and career ambitions of their Gen Z employees and effectively coach and train these young professionals, while celebrating good work and meeting in person, will have happily committed Gen Zers in the workplace."
Complete Gen Z study findings from New Zealand are available in this eBook at https://www.nintex.com/resources/gen-z-effect-in-australia-and-new-zealand/ and include data and comparisons to Gen Zers in Australia.
Key Findings:
The Gen Z Effect in New Zealand study provides strong evidence that the youngest working generation's identity is deeply tied to their jobs. It will be critical for business leaders and managers of Gen Z employees to ensure these individuals find meaning in their roles and do not hinder their ambition with inefficient or broken business processes.
Process management and automation capabilities can play a decisive role in fostering workplaces that help Gen Z flourish and build their careers. Technologies like the Nintex Process Cloud platform were designed to help companies improve how people work by making it easy to manage, automate and optimise every business process with powerful technology that keeps employees engaged and customers happy, and drives businesses to outpace competitors.
"People are your most important asset in today's tech-driven workplaces," says Duguid. "Empower your employees, including Gen Z, to make wise choices and select technologies that improve how everyone works as it is people who are critical to ensuring your business and all of your processes are the best they can be."
Just last week Nintex published country-specific Gen Z study findings for Australia and will do the same for the United Kingdom and United States later this year. All of the company's Gen Z research will be publicly available on Nintex.com in eBook formats.
Media Contacts
Kristin Treat cell: (215) 317-9091 |
Laetitia Smith cell: +64 (21) 154-7114 |
About Nintex
Nintex is the global standard for process management and automation. Today more than 8,000 public and private sector clients across 90 countries turn to the Nintex Platform to accelerate progress on their digital transformation journeys by quickly and easily managing, automating and optimising business processes. Learn more by visiting www.nintex.com and experience how Nintex and its global partner network are shaping the future of Intelligent Process Automation (IPA).
Study Methodology
The study by Nintex was conducted by Lucid Research in March 2019 and consisted of two surveys. The first was completed by 125 current and future Gen Z employees in New Zealand. Those that qualified for current Gen Z employees were graduates of a three- or four-year university degree program who now have a job where they use a computer for 5+ hours a day. Future Gen Z employees were current enrollees in three- or four-year university degree program who will actively seek full-time employment upon graduation and graduates of a three or four-year university degree program who are actively seeking full-time employment. The second survey audience comprised 180 enterprise decision makers in New Zealand. To qualify, respondents had to work at a company with 250+ employees, be at a management, VP/Director or C-Suite level, and were directly involved in choosing or helping their organisation to implement new technology, including buying/selecting new tools.
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