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Generation Z: Understanding Work-Related Values of Newcomers on Job Market

Author

Listed:
  • Janićijević Nebojša

    (University of Belgrade, Faculty of Economics and Business)

  • Milikić Biljana Bogićević

    (University of Belgrade, Faculty of Economics and Business)

  • Mirić Ana Aleksić

    (University of Belgrade, Faculty of Economics and Business)

Abstract

The paper presents the results of a study on work-related values of Generation Z, comprised of young people born between the late 1990s and 2010. Following Millennials, Generation Z is the first generation of digital natives. This is the reason, along with some other circumstances that accompanied them during their growing up, why Generation Z has somewhat different work-related values than previous generations. Since they are just beginning to enter the labor market, and will be the majority of the workforce in the next decade or two, it is very important and useful for their employers to understand what Generation Z values when it comes to work. The study was conducted by surveying the students of the Faculty of Economics, University of Belgrade, during 2022 and 2023. The research results show that Generation Z highly values safety, achievement, and status at the workplace. From the individual perspective, future employees consider it most important that their job provides good working conditions, recognition for the work performed, and the possibility of achievement. It is noticeable that Generation Z students, to a significant extent, expect to be protected and safe at work in the future, both in terms of the job itself and in terms of social relations. According to the research findings, Generation Z is relatively homogeneous, and no significant differences in work-related values were found among them, except by gender.

Suggested Citation

  • Janićijević Nebojša & Milikić Biljana Bogićević & Mirić Ana Aleksić, 2024. "Generation Z: Understanding Work-Related Values of Newcomers on Job Market," Economic Themes, Sciendo, vol. 62(2), pages 219-240.
  • Handle: RePEc:vrs:ecothe:v:62:y:2024:i:2:p:219-240:n:1006
    DOI: 10.2478/ethemes-2024-0012
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    More about this item

    Keywords

    Generation Z; values; work-related values; students; safety; achievement; Generacija Z; vrednosti; radne vrednosti; studenti; sigurnost; postignuće;
    All these keywords.

    JEL classification:

    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility

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