Monday, May 4, 2020

What Businesses Need to Know

The time has come to finally stop focusing entirely on Millennials… and start focusing on the next entrants to the workforce: Generation Z employees. Born between 1997 and 2012, people who are currently between 18-22 years old are the first wave of Gen Z employees. They may be fresh from high school or college, have a few years of work experience under their belts, or be navigating through a labyrinth of internships, part-time jobs or freelancing—or all three.

The hustle and vibrancy of Gen Z candidates is attractive to tech companies looking to find and retain the best new talent. But how to strike the right chord for the next innovators can be tricky. In fact, much of CompTIA’s emerging technology research shows that business owners are concerned about finding skilled tech talent.

In our recent Tech on the Move study, we asked 918 IT professionals about their top factors and important considerations for choosing where to live and work. While Gen Z might be the newest kid on the block, businesses could do well to pay attention to how the youngest candidates are faring against current hiring practices, and how to include employees from across a few generations into the company’s culture.
Who is Generation Z?
According to a recent podcast from Top Employer Institute, “In the U.S. alone, there are 70 million Gen Z’s … about 25% of the population entering the workforce over the next 15 years.” Fortunately for them, the national unemployment rate has stayed low at 3.7%, according to the US Dept of Labor, Bureau of Labor Statistics, and 11.6 million tech jobs were recorded in 2018, according to CompTIA’s 2019 IT Industry Outlook report. It’s a good time to be jumping into a fruitful career in the tech industry.
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