The financial services industry is undergoing a significant transformation, and the recruitment of Generation Z (Gen Z) is becoming increasingly vital. Born between 1997 and 2012, Gen Z is the latest generation to enter the workforce and is expected to constitute 27% of the workforce by 2025 according to mccrindle. Their unique perspectives, digital proficiency, and desire for meaningful work position them as a key driver of innovation and fresh ideas in the banking sector.
Without a robust pipeline of Gen Z talent choosing to take up banking roles at the entry or early-career level, the sustainability of the global banking system could be at risk
Unlike the past, where companies might have faced scrutiny through traditional forms of media such as TV or print, where you had a lot more time to respond to accusations, the pervasive nature of social media means that even minor missteps or misled information can be easily spread or ‘go viral’, leading to significant reputational damage before you even have the chance to respond.
Understanding Gen Z’s expectations.
Gen Z’s workplace expectations are shaped by their unique experiences and values. Unlike previous generations, they seek more than just a good salary; they desire a sense of purpose in their work and are attracted to organisations that align with their values and contribute positively to society.
Attracting Gen Z to Your Organisation
To attract Gen Z talent, you need to align your recruitment strategies with the expectations and values of this generation. Here are some strategies that can help:
Promote Purpose and Impact
Offer Flexibility
Provide Personalised Career Development
Communication
All this creates a more engaging and informative candidate journey, increasing the likelihood of a positive experience with the company or recruitment agency.
That’s why we in Stellar Select do it, we have not only enhanced the efficiency of our operations but have also established a reputation for providing an unparalleled candidate experience.
To read the full blog click here or Give us a call to see how our team can guide you in your recruitment process, helping you make informed decisions for your recruitment strategy.
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