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what in the world does that look like?
First of all, let’s define the terms. Although some sources disagree on exactly when Generation Z starts and the Millennial generation ends, from 1995 to 2010 is a generous bracket of time (and one adopted by McKinsey & Company) that is typically associated with Gen Z. Under that definition, the oldest people in Generation Z are now 27 years old.
Millennials are people who were born between 1980 to 1994. Gen Xers are people who were born between 1960 and 1979. Baby Boomers are those born between 1940 to 1959.
Those brackets of time may be confusing to some as millennials have often been referred to as an even younger generation in pop culture. So, what really are the characteristics of Gen Z?
VIEWS ON EDUCATION
Pew Research Center found that Gen Z is more likely to be educated than previous generations.
“They are less likely to drop out of high school and more likely to be enrolled in college. Among 18- to 21-year-olds no longer in high school in 2018, 57% were enrolled in a two-year or four-year college. This compares with 52% among Millennials in 2003 and 43% among members of Gen X in 1987,” a summary of the research said.
Moreover, people who are Gen Z are more likely to have a college-educated parent than people from other generations thus far. “In 2019, 44% of Gen Zers ages 7 to 17 were living with a parent who had a bachelor’s degree or more education, compared with 33% of Millennials when they were the same age,” PRC reported. “Both of these trends reflect the overall trend toward more Americans pursuing higher education.”
Although people in the generation are more likely to be educated, they aren’t necessarily as likely to be working in their teen years and as young adults. “Only 18% of Gen Z teens (ages 15 to 17) were employed in 2018, compared with 27% of Millennial teens in 2002 and 41% of Gen Xers in 1986,” Pew Research reported. “And among young adults ages 18 to 22, while 62% of Gen Zers were employed in 2018, higher shares of Millennials (71%) and Gen Xers (79%) were working when they were a comparable age.”
However, by 2030, Fortune predicts that Gen Z will make up 30 percent of the workforce. be less likely to want to be confined to typical workplace standards than past generations. “We think Gen Z will have the ability to demand greater personalization in how they move along their career journey,” Deloitte reported. This makes sense. For a generation that has the world at its fingertips and is well-acquainted with easily accessible information, tools for communication, and apps that are conducive to efficiency, Gen Zers know how to do work on the go, at home, or in a typical workplace setting.
“For organizations to attract and retain the best and brightest of the generation, it will require a different mindset,” Deloitte said.
LinkedIn Workforce Confidence Index Research shows a stark contrast between workplace values from generation to generation with Generation Z wanting to find the most flexibility within a workplace. The organization surveyed 21,367 professionals who planned to leave their job or hoped to leave their job in the following six-month window. Eighty percent of Gen Z employees reported that they would like to find jobs where the leaders better align with their values; which can be compared to 47 percent of Baby Boomers who believed the same.
The survey found: Seventy-six percent of Gen Z employees wanted more opportunities to learn or practice new skills compared to 36% of Baby Boomer employees; 76 percent of Gen Z employees wanted better compensation or benefits compared to 56 percent of Baby Boomers; 75 percent of Gen Z employees wanted to try a new industry or job function compared to 27 percent of Baby Boomers; 61 percent of Gen Z employees wanted opportunities for more responsibility or to grow in the company.
Overall, the data seems to indicate that values and perspectives on the workplace have shifted significantly from generation to generation. But nevertheless, Gen Z candidates seem to be making significant contributions in their respective positions. As demands for diversity, equity, and inclusion, new perspectives on fair compensation, and digital platforms take hold of the workforce in a way that hasn’t been seen before, Gen Z is uniquely and intrinsically positioned to take hold of new opportunities in the workforce and to meet those needs.
CHARACTERISTICS OF THE RISING GENERATION – GEN Z
(SOURCE: PEW RESEARCH CENTER/THE ANNIE E. CASEY FOUNDATION)
·More diverse racially and ethnically than previous generations · Values education · Many will have similar viewpoints to millennials. · Sees societal and familial changes as good · The first “digital natives” · Pragmatic and financially minded · Informed consumers
KAROLINA GRABOWSKA/PEXELS Studies on Generation Z indicate that they want to see beneficial and significant change happen within the workforce.
GEN Z AND TECHNOLOGY
Millennials were often referred to as digital pioneers because of the constant evolution of technology in that generation. But those born into the Generation Z have lived with that fully-developed technology their whole lives, making them “digital natives.”
A Pew Research Center 2018 study showed that 95 percent “of 13- to 17-year-olds have access to a smartphone, and a similar share (97%) use at least one of seven major online platforms,” with Youtube, Instagram and Snapchat being some of the more popular digital platforms. Significantly less Gen Z individuals report to use Facebook.
Walsingham Group receives high honor from the Defense Counterintelligence and Security Agency
PHOTO PROVIDED BY WALSINGHAM GROUP
Walsingham Group was selected out of 26 facilities for the prestigious award.
The Defense Counterintelligence and Security Agency (DCSA) announced the winners of the 2022 James S. Cogswell Outstanding Industrial Security Achievement Award last week.
Out of the 26 facilities selected for the award, Walsingham Group Inc., which is based in Fayetteville, was a recipient.
William Lietzau, director of DCSA, humorously shared during the ceremony, “This is as close as you’ll get to the Academy Awards for security professionals.”
DCSA selected the winners out of 12,500 cleared facilities.
“The award criterion focuses on principles of industrial security excellence. Factors include establishing and maintaining a security program that far exceeds the basic National Industrial Security Program requirements; and providing leadership to other cleared facilities in establishing best practices while maintaining the highest standards for security,” a DCSA press release said. Nominated facilities had to have a minimum of two consecutive superior industrial security review ratings and had to exhibit “a sustained degree of excellence and innovation in their overall security program management, implementation and oversight.”
The award originated in 1966 to honor the late Air Force Col. James S. Cogswell, the first chief of industrial security within the Department of Defense.
“Walsingham Group was honored to receive the prestigious James S. Cogswell Outstanding Industrial Security Achievement Award from the Defense Counterintelligence and Security Agency (DCSA),” said Kelly George, vice president and global security officer at Walsingham Group. “We are grateful that DCSA has the highest fidelity in our organization, recognizing our security enterprise as exceeding the standards of the National Industrial Security Program nationwide.”
What are you and your peers achieving? Have you reached a new goal? Have you acquired another business? Maybe your business has a new hire you would like to highlight. Greater Fayetteville Business Journal wants to hear from you and your business to shine a spotlight on your accomplishments.
To nominate someone for GFBJ’s Achievers section, email editor@bizfayetteville.com with the subject line “Achiever.”
TRP Sumner to welcome new staff accountant to team
TRENT WILLIAMS, an intern with TRP Sumner who is pursuing a bachelor’s degree in accounting from Campbell University, will join the TRP Sumner Dunn office as a staff accountant in January 2023. Describing Williams, who grew up in Autryville, N.C., as an “over-achiever,” TRP Sumner says that his internship and experience as
Williams the executive treasurer of Campbell University’s Student Government Association and the vice president of Campbell’s Student Accountant Society has equipped him for the role and positioned him to graduate from Campbell University at the age of 19. Williams credits his faith for his achievements thus far. “I am most proud of my Christian faith,” he said. “I feel that without the Lord’s guidance I would not be in the position that I am in today.”
FirstHealth Moore Regional named to national top hospitals list
Among the Fortune/Merative 100 Top Hospitals list is FirstHealth Moore Regional Hospital list for the second consecutive year.
Moore Regional is the only hospital in the state to make the list.
“The recognition includes Moore Regional Hospital – Hoke in Raeford and Moore Regional Hospital – Richmond in Rockingham as divisions of Moore Regional,” a press release said.
“Once again, we are thrilled to be included in the 100 Top Hospitals list,” FirstHealth CEO Mickey W. Foster said.
“Our medical staff and employees have worked tirelessly the last two years to take on the pandemic head on and ensure that we continue to provide excellent care to our patients and support to their families.”
Hospitals that made the cut were chosen based on how they held up in light of pandemic stresses, “achieving better results than peer institutions on key performance indicators measuring clinical outcomes, operational efficiency, patient experience and financial health,” the press release said. “The Top Hospitals list also considers an organization’s contributions to its community and equity of care.”
The medical institutions that made the list were selected out of 2,650 hospitals across the united states that Fortune/Merative evaluated. Merative’s analysis found that 100,000 patient deaths could be prevented if all hospitals performed like those in the top 100. Moreover, 55,000 patients could be prevented from having complications and $12.5 billion dollars in spending on in-patient care could be prevented.
Moore Regional has received comparable designations in the past as one of the nation’s top hospitals in 1995, 2003, 2004, 2016, 2017 and 2021.
“Being recognized for the care we provide means a great deal, and it reinforces the commitment we have to serve people in the Sandhills,” Foster said. “We are thankful to our communities for putting their faith in us.”
To see Fortune/Merative’s full list and learn more about the methodology of their evaluations, visit Fortune’s website.
PHOTO PROVIDED BY FIRSTHEALTH
FirstHealth Moore Regional Hospital, located in Pinehurst, is a 402-bed, acute care, not-for-profit hospital and the flagship hospital for FirstHealth.
UNCP graduate accepted to Royal Veterinary College in London, UK
NIKKI CLAYMAN, a UNCP graduate from the class of 2022, has been accepted into the Royal Veterinary College, one of the world’s leading specialist institutions of veterinary medicine, biosciences, and veterinary nursing.
The school is the largest and longest-established independent veterinary school in the UK. Clayman was a student in the Research Initiative for Scientific Enhancement program
Clayman at UNCP, which she credits for this accomplishment.
“I owe getting my acceptance into Royal to UNCP and all the training I received in the RISE program and Dr. (Ben) Bahr's research lab,” Clayman said. “I would've never been able to have this type of training if I wasn't involved in Dr. Bahr's lab and all the undergraduate research opportunities I was given as a student researcher.”
“With the help of the RISE program, I was able to experience working in research, presenting research and learning the fundamentals of being a scientist,” she said.
“I was awarded a North Carolina Space Grant fellowship with NASA and got a chance to work alongside Dr. Bahr on Alzheimer's research and Dr. Nicolas Negrin-Pereira on Sertoli cell research. These experiences at UNCP made me a valuable applicant when applying to Royal Veterinary College.”
While attaining her degree in biology, Clayman was mentored by