Gen Z employees prioritize frequent feedback from management more than other generations.
- A survey by StaffCircle reveals 73% of Gen Z employees lean towards leaving without regular feedback.
- Only 21% of HR managers acknowledge the lack of performance management in their organizations.
- Gen Z demands more than previous generations, influencing a shift in employer strategies.
- Companies are adapting to Gen Z’s expectations, but 69% of employees see little progress.
The survey conducted by StaffCircle highlights a significant trend among Gen Z employees, those aged 16 to 24, showing that an overwhelming majority—73%—may consider leaving an organization if they do not receive frequent managerial feedback and communication. This is a stark contrast to the 52% of non-Gen Z employees who feel the same way. The difference underscores the critical importance of consistent feedback for the younger workforce.
Despite the evident need for regular performance evaluations, 21% of HR professionals have admitted their organizations lack any formal performance management process. Furthermore, a mere 15% of employees, spanning all age groups, engage in weekly performance discussions with their managers. The predominant schedule of monthly or less frequent reviews does not align with the identified benefits of more regular check-ins, such as improved employee performance.
Feedback documentation also presents challenges, as 25% of employees do not have access to personal development plans or goal-setting mechanisms. This absence can lead to disengagement, particularly among Gen Z employees, who are more likely to ‘check out’ if consistent communication is not maintained.
The expectations of Gen Z employees are reshaping workplace dynamics, with 77% of HR departments noting significant changes in recent years. Gen Z values not just regular feedback but also flexible working conditions, with preferences for flexible hours, remote working options, and competitive compensation packages being at the forefront.
In response to these evolving expectations, 67% of organizations are altering their HR processes to better cater to Gen Z and emerging workforce demands. Unfortunately, there is a disconnect, as 69% of employees express skepticism about the implementation of these changes, doubting their organizations have followed through on pledges to adapt.
Understanding and meeting Gen Z’s expectations is crucial for organizations to enhance engagement and reduce resignation rates.
