Fresh out of college? Got a job recently? Confused as to what will happen? Well, you’re not alone. According to an online survey of 2,800 working professionals conducted by Radma Research across India, 50% of professionals who feel highly insecure about their job fall under the age group of 19-25 yrs, also referred as Gen Z. Whereas, 58% of these individuals have not even completed one year in their job. This matter should be of grave concern for organisations as these 58% are supposed to be looking forward to their work life and not be anxious about it. This sentiment will not only affect the performance at work but also hamper the organisational productivity.
The study also revealed that Gen X shows highest rate of job security at 74%; while only 51% of Gen Z feels secured about their job. Furthermore, Gen Z feels, “very concerned” about their current job and forms 69% of the sample. This fact questions the organisation on their approach and attitude towards new recruits and how well they are being taken care of.
Nurturing and empowering Gen Z is very critical and crucial for not only the companies but also for the country as it constitutes majority of our population. Fresh talent should be hungry for knowledge and experience, but if they are insecure about, their work it might pose a threat to the country’s human resource. Brain-drain has already affected India in terms of skilled manpower and the current trends from the research conducted by Radma Research unveils the fact that talent is being driven away by us at a startling rate.
It can thus be concluded that Gen Z needs to be nurtured and salvaged as they are indispensable part of India’s growth story. The high level of job insecurity among them is not a healthy sign and is something that organisations should take responsibility and resolve it on a war footing.