While the millennial generation is the largest workforce in the U.S., Gen Z will make the most impact on the corporate culture. Meanwhile, the modern workplace is dealing with conflicts among multigenerational employees, apart from digitization. In this article at Forbes, Adam Rogers discusses how Gen Zers will transform your corporate culture.
When Gen Z Will Dominate the Workplace
Baby Boomers are fast retiring, and Gen X is slowly moving towards the senior management roles. It leaves the settled Gen Y and the newcomer Gen Z to rule the workplace. Below are the ways Gen Z will transform your workplace culture:
Social Media Will Be an Advantage: The current workplace bans social media access during work hours. Gen Zers have their entire life uploaded online. Soon, employers will allow accessing social media at work to get ideas about their potential clients. The tech-savvy Gen Z workforce will lap up this opportunity.
Demands of Transparent Payments and Subsidies Will Arise: The majority of the companies keep a non-disclosure clause for employee salary structure. Unlike the older generations, Gen Y and Gen Z welcome the idea of sharing their pay packages publicly. The Beqom reports confirm that. So, companies now need to reveal their pay structure. The social media startup Buffer has made history by going public with its salary structure.
Instant Gratification Can Lead to Change in Salary Disbursement: Gen Y and Gen Z are used to instant payment methods. Half of Gen Zers and three-fourth of Gen Y use payment app on their mobile and regularly leverage online payment methods. Companies need to be more creative about giving salaries to this new generation of workforce. Pizza Hut has already started making instant payments to its employees. Soon it will be possible to work for multiple companies at different rates.
To view the original article in full, visit the following link: https://www.forbes.com/sites/forbestechcouncil/2019/09/30/how-gen-z-could-change-corporate-culture-and-how-we-can-keep-up/#4396931364ca