{"id":164174,"date":"2023-07-14T14:50:01","date_gmt":"2023-07-14T14:50:01","guid":{"rendered":"https:\/\/www.shrm.org\/resourcesandtools\/hr-topics\/employee-relations\/pages\/what-generation-z-is-looking-for-in-a-job.aspx"},"modified":"2023-07-14T14:50:01","modified_gmt":"2023-07-14T14:50:01","slug":"what-generation-z-is-looking-for-in-a-job","status":"publish","type":"post","link":"https:\/\/squarehrwired.com\/index.php\/2023\/07\/14\/what-generation-z-is-looking-for-in-a-job\/","title":{"rendered":"What Generation Z Is Looking for in a Job"},"content":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/squarehr.com\/wp-content\/uploads\/2023\/07\/what-generation-z-is-looking-for-in-a-job.jpg\"><\/p>\n<div><img decoding=\"async\" src=\"http:\/\/squarehr.com\/wp-content\/uploads\/2023\/07\/what-generation-z-is-looking-for-in-a-job-1.jpg\" class=\"ff-og-image-inserted\"><\/div>\n<p>\u200bA new study finds that nearly 30 percent of the youngest professionals in today&#8217;s full-time workforce are seeking jobs in sales, account management, marketing or advertising. And depending on their work experience, these job hunters are looking for average salaries anywhere from $55,000 to $83,000 a year.&nbsp;<\/p>\n<p>Those are two of the key takeaways from a review of job searches in June and July 2023 on the Fetti career platform, which caters primarily to Generation Z job seekers pursuing <a href=\"https:\/\/www.shrm.org\/resourcesandtools\/hr-topics\/talent-acquisition\/pages\/are-white-collar-jobs-disappearing-no.aspx\">white-collar careers<\/a>. Generation Z is generally defined as people born between 1997 and 2012, who are expected to make up <a href=\"https:\/\/news.darden.virginia.edu\/2022\/08\/10\/its-time-to-get-to-know-gen-z\/\" target=\"_blank\" rel=\"noopener noreferrer\">30 percent of the U.S. workforce by 2030<\/a>.<\/p>\n<p class=\"shrm-Element-Subtitle\"> What Are Generation Z\u2019s Job and Salary Expectations?<\/p>\n<p>Based on data that Fetti supplied to SHRM, the five most desired positions among Generation Z job seekers are ones in:<\/p>\n<ol>\n<li>Sales and account management (14.44 percent).<\/li>\n<li>Marketing and advertising (14.21 percent).<\/li>\n<li>Operations and strategy (12.62 percent).<\/li>\n<li>People\/HR\/recruitment (12.27 percent).<\/li>\n<li>Product (11.27 percent).<\/li>\n<\/ol>\n<p>But while those jobs turned out to be the most popular, they&#8217;re not the ones with, on average, the highest minimum salary requirements. Jobs in software engineering take the top salary spot in Fetti&#8217;s study for Generation Z workers across three categories: no experience, one to two years of experience, and three to four years of experience.<\/p>\n<p>Here&#8217;s the salary breakdown for would-be software engineers in each of those three buckets:&nbsp; &nbsp;<\/p>\n<ul>\n<li>No experience\u2014$85,000.<\/li>\n<li>One to two years of experience\u2014$110,000.<\/li>\n<li>Three to four years of experience\u2014$125,000.<\/li>\n<\/ul>\n<p>According to Fetti&#8217;s data, the lowest hoped-for salaries are:<\/p>\n<ul>\n<li>No experience\u2014$52,000 in the design category.<\/li>\n<li>One to two years of experience\u2014$65,000 in the marketing and advertising category.<\/li>\n<li>Three to four years of experience\u2014$68,000 in the design category.<\/li>\n<\/ul>\n<p>For jobs in the most desired category\u2014sales and account management\u2014the minimum salary requirements range from $55,000 to $83,000. In marketing and advertising, the second most desired category, the range is $56,000 to $72,000.<\/p>\n<p>Fetti noted that some job seekers in the study might have lowered their salary preferences to boost the number of openings that popped up in their searches.<\/p>\n<p class=\"shrm-Element-Subtitle\">Is Generation Z Obsessed with Salary?<\/p>\n<p>Sam Chen, founder and CEO of Fetti, said the study shows the salary expectations for members of <a href=\"https:\/\/www.shrm.org\/executive\/resources\/pages\/gen-z-engagement.aspx\" target=\"_blank\" rel=\"noopener noreferrer\">Generation Z<\/a> aren&#8217;t unrealistic. Across the board, anticipated salaries rose in tandem with job seekers&#8217; work experience.<\/p>\n<p>&#8220;There are many articles discussing how Gen Z is salary-obsessed, but the job searches on Fetti tell a different story,&#8221; Chen said. &#8220;Surveys asking Gen Z what their dream salary is often depict Gen Z as a generation of hopeless idealists, doomed to never achieve their dreams. While Gen Z might dream, their actions are rooted in reality.&#8221;<\/p>\n<p>However, the results of a 2022 <a href=\"https:\/\/www.prnewswire.com\/news-releases\/as-inflation-and-recession-concerns-rise-over-half-of-us-consumers-say-their-standard-of-living-is-declining-301574092.html\" target=\"_blank\" rel=\"noopener noreferrer\">survey<\/a> commissioned by financial services providers Empower and Personal Capital call that reality into question. In the survey, members of Generation Z identified $171,633 as the average salary they would need to feel &#8220;financially healthy.&#8221; That was the highest figure among any age group.<\/p>\n<p>Similarly, a <a href=\"https:\/\/www.skynova.com\/blog\/job-trends-for-young-adults\" target=\"_blank\" rel=\"noopener noreferrer\">study<\/a> released in 2023 by invoicing platform Skynova cited $124,494 as the average salary that Generation Z workers thought they would need to feel as though they had &#8220;made it.&#8221;<\/p>\n<p class=\"shrm-Element-Subtitle\">What Matters to Generation Z Workers?<\/p>\n<p>Career coach Kyle Elliott said that while salary may be important to Generation Z employees, they generally consider overall compensation and benefits first, including equity stakes and workplace flexibility.<\/p>\n<p>&#8220;Additionally, Gen Z workers are focused more on company culture, working for supportive and caring leaders, and finding environments where they can thrive than previous generations of workers,&#8221; Elliott said. &#8220;This isn&#8217;t to say that other generations don&#8217;t care about the company culture, manager effectiveness or being set up for success. However, Gen Z workers tend to place a heavier focus on personal development and growth than their older peers.&#8221;<\/p>\n<p>Jill Chapman, SHRM-SCP, director of early talent programs at HR services provider Insperity, said her assessment of Generation Z aligns with Elliott&#8217;s. But just like many older workers, a large number of Generation Z workers have bumped up their salary expectations to account for a higher cost of living, she said.<\/p>\n<p> &#8220;Like any generation entering the workforce, Gen Z is attracting attention. Some sources allege that Gen Z demands higher salaries, greater workplace flexibility and a lighter workload,&#8221; Chapman said. &#8220;However, managers who work with Gen Z understand the diversity of their generation and how much they have to offer in the workplace.<\/p>\n<p>&#8220;Recruiters and managers,&#8221; she added, &#8220;should not make assumptions about Gen Z&#8217;s priorities.&#8221;<\/p>\n<p> <em>John Egan is a freelance writer based in Austin, Texas.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u200bA new study finds that nearly 30 percent of the youngest professionals in today&#8217;s full-time workforce are seeking jobs in sales, account management, marketing or advertising. And depending on their work experience, these job hunters are looking for average salaries anywhere from $55,000 to $83,000 a year.&nbsp; Those are two of the key takeaways from [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":164175,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[320,363],"tags":[],"class_list":["post-164174","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-critical-evaluation","category-hr-news"],"_links":{"self":[{"href":"https:\/\/squarehrwired.com\/index.php\/wp-json\/wp\/v2\/posts\/164174","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/squarehrwired.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/squarehrwired.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/squarehrwired.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/squarehrwired.com\/index.php\/wp-json\/wp\/v2\/comments?post=164174"}],"version-history":[{"count":0,"href":"https:\/\/squarehrwired.com\/index.php\/wp-json\/wp\/v2\/posts\/164174\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/squarehrwired.com\/index.php\/wp-json\/wp\/v2\/media\/164175"}],"wp:attachment":[{"href":"https:\/\/squarehrwired.com\/index.php\/wp-json\/wp\/v2\/media?parent=164174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/squarehrwired.com\/index.php\/wp-json\/wp\/v2\/categories?post=164174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/squarehrwired.com\/index.php\/wp-json\/wp\/v2\/tags?post=164174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}