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Generation Z: minority wants to pursue a corporate career

October 30, 2024

The pursuit of work-life balance and concerns about financial stability are latent themes for young people of Generation Z, according to a new survey carried out by the benefits solutions company Caju and Consumoteca, published by the Brazilian business newspaper Valor.

Overall, 1,477 people were interviewed, 400 in Brazil, 188 in Argentina, 443 in Colombia and 446 in Mexico. Of these, 33% are men, 66% are women, and 1% are non-binary. Concerning social class, 14% are in the upper class, 54% in the middle class and 31% in the lower class.

The study reveals that most young people do not think about pursuing a career in the corporate world. Among those surveyed, 54% aim to have their own business and 10% want to be self-employed professionals. The proportion of those who want to work in a company with a career plan and benefits is only 19%. This may highlight the desire for more autonomy at work, the report indicates.

In the mapping, 32% say they are diagnosed with an illness related to depression or anxiety and 70% believe that everyone should undergo therapy, if possible. Generation Z also seeks purpose in their professional lives, with 81% of young Brazilians believing they have a responsibility to contribute positively to the community in which they live.

Experts interviewed by the vehicle believe that there is a misalignment between what young people are looking for and the current offer in the corporate market, which is worsened by the perception that work can be a source of stress and anxiety. For Lucas Fernandes, CHRO of Caju, implementing remote work policies and flexible hours is crucial to meeting the expectations of this generation. “In addition, companies must invest in mental health and well-being programs, recognizing that these are decisive factors for Generation Z when choosing and remaining in a job,” he told the newspaper.

Source: Valor Econômico