Ambitious Gen Z eye promotions within first year of work

A third of Gen Z workers believe they deserve a promotion within their first six months

BY HRD 20 Mar. 2019

Generation Z workers – those born between 1996 and 2010 – have high standards when it comes to making career choices, but they worry about not being “good enough” for the job, findings of a recent study revealed.

The youngest generation of workers will make up 25% of the global workforce by 2020, and they expect much from their employers in terms of earnings, promotions, and management opportunities, according to a survey by InsideOut Development, a group that specialises in workplace coaching.

For 75% of Gen Z workers, having a boss who can mentor younger employees is essential. They also look for leaders who can communicate the corporate vision effectively; offer regular feedback; and are “consistent” in how they manage their team.

The study also found:

75% of Gen Z employees believe they should only spend a year in their first position before receiving a promotion
32% believe they deserve a promotion within their first six months of work
40%+ believe they will earn more than US$100,000 at the peak of their career
60% aim to become managers

While most have clear ambitions of ascending the corporate ladder, some are still concerned about being able to repay their student loan, making the right career moves, and being “good enough.”

Only 30% believe they will be able to clear their student debt
26% are afraid to discover they have made the wrong career moves
26% are afraid of being unable to live up to the demands of their role

Despite all the pressures, the majority of Gen Z employees turn to their leaders for motivation. More than 75% said their manager’s ability to coach employees is crucial to their success, while 25% said they would resign because of a toxic manager, one who leads people through fear.