Deloitte’s recent survey highlights the financial challenges faced by Gen Zs and Millennials, revealing their pursuit of a work-life balance intertwined with monetary security and personal purpose. This study illustrates the complexities young workers navigate in today’s job market.
Source: Deloitte’s Global Gen Z and Millennial Survey 2025
Key Points
- 52% of Gen Zs and Millennials live paycheck to paycheck, impacting their job choices for stability.
- 89% of Gen Zs and 92% of Millennials find purpose essential for job satisfaction.
- 40% of Gen Zs and 34% of Millennials report feeling anxious or stressed frequently.
- 70% of Gen Zs are actively developing skills to enhance career prospects.
- There is a pressing need to address the root causes of workplace stress rather than just providing coping strategies.
Content Summary
The Deloitte survey reveals that a staggering percentage of Gen Zs and Millennials are grappling with financial insecurity, with over half living paycheck to paycheck. Amidst this financial strain, they are drawn to careers perceived as more secure, often prioritising stability over automation-prone roles.
However, financial security alone doesn’t cut it; a strong desire for meaningful work remains, with a significant majority of respondents valuing purpose in their jobs. The study also underscores the alarming levels of work-related stress, contributing to young workers’ overall wellbeing. In light of these findings, ongoing professional development is vital, with younger generations keen to acquire skills that will advance their careers.
Finally, employers are encouraged to rethink their practices and workplace cultures to alleviate the stressors employees face, enhancing both job satisfaction and recruitment efforts.
Context and Relevance
This article is pertinent for employers, HR professionals, and stakeholders looking to understand and address the evolving needs of the younger workforce. With the insights drawn from the Deloitte survey, businesses can better navigate the challenges presented by these generations, ensuring they foster a working environment that prioritises wellbeing and growth.
Why should I read this?
If you’re keen to grasp what makes Gen Zs and Millennials tick in the workplace, you’ve hit the jackpot! This article spills the beans on the pressures these young workers face and offers savvy strategies for businesses looking to adapt. Trust me, it’s worth a read if you want to stay ahead of the game.
