CEO Today - October 2023

career mobility and skills development is why they plan to leave their current job. Leaders should focus on career opportunities to enable employees to develop. Gen Z values on-the-job training with a desire for their managers to become ‘personal mentors’ who help with individual advancement. Companies also need to allow talent mobility within the firm. Such mobility benefits everyone, with opportunities to learn, upskill and even break down silos. Sixth, enable work-life balance. Young people want work-life balance. They are looking for positions that best suit their lifestyles rather than the other way around. According to the World Economic Forum, new generations reject unrewarding jobs with a toxic workplace culture, unrealistic workloads and the “always-on, always-available” mentality. Seventh, create diverse and inclusive workplaces with purposeful work. In a survey for job site Monster, 83% of Gen Z candidates said that a company’s commitment to diversity and inclusion is critical when choosing an employer. Gen Z and Millennial workers want to work with companies aligned with their own values. They are also attracted to purposeful and meaningful work, where they are making a difference. We have known for some time that purpose-driven companies have more engaged employees, make more money and are better at innovation and transformational change. Companies that really live and breathe their purpose, promoting a sense of community and connecting individual work to this, will attract and retain talent. With these seven rules, global companies can build an inclusive environment that nurtures young professionals, fuels their growth, and ensures long-term commitment. Liz Rider MSc, AfBPS, C.Psychol is an organisational psychologist and advisor to OnTrack International. "Leaders should focus on career opportunities to enable employees to develop. Gen Z values on-the-job training with a desire for their managers to become ‘personal mentors’." About the Author Liz Rider MSc, AfBPS, C.Psychol is an organisational psychologist and advisor to OnTrack International. www.ontrackinternational.com

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