Friday, September 22, 2023

Millennials and Generation Z are looking for a well-being balance between their personal lives and work

The calls millennials and the generation Z they are worried that their income cannot allow them to generate what is necessary to cover their expenses, a situation that has promoted part-time jobs, selling products or services online, dealing with the delivery of food by applications and the creation of content on social networks.

The multinational Deloitte reports that out of 10 people from Generation Z and two-thirds of millennials think that the economy will decline or remain frozen in their country in 2024, therefore, they point out that it will be more difficult to achieve increases, new jobs or get more flexibility in your work. This survey was conducted among 22,000 people from 44 countries.

Generation Z and millennials are looking for flexibility in where and when they work. This is with the goal of achieving a balance between your personal life and work. The economic and social responsibilities of these generations are the reasons that lead us to reconsider their job role.

Of those who have accepted another job as a second source of income, 46% belong to generation Z and 37% to millennials. However, those who have leaned towards digital platforms have experienced problems in organizing their personal finances. And it is not for less, this resource also encourages the purchase of products, which translates into an ant expense. The survey shows that 51% of Gen Z and 43% of millennials say that using social media makes them want to buy things they can’t afford.

Work stress

One of the things that cannot be ignored is the stress that the last generations present. The document exposes that almost half of generation Z (46%) and four out of 10 millennials (39%) say they feel stressed all or most of the time, where women are the most affected. In addition to worries about your personal finances and the well-being of loved ones, poor work-life balance and heavy workloads contribute to your stress levels.

Another point they comment is that it is difficult for them to disconnect from work, and this happens when they do tasks outside of working hours, such as answering emails, as confirmed by 23% of generation Z and 30% of millennials. These pressures may be contributing to rising levels of exhaustion.

Caregiving responsibilities are also a factor, with 34% of Gen Z and 39% of millennials having caregiving commitments for both children and parents or elderly relatives.


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