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News on Medial
Gen Z workers say they get better career advice from ChatGPT
Venturebeat
·
1y ago
Medial
Gen Z workers, who prioritize work-life balance and value-led companies, are turning away from traditional career advice. With one in five employees saying they never have career conversations with their managers, younger workers are seeking guidance from alternative sources, including AI platforms like ChatGPT. However, while ChatGPT can provide assistance, its data may be outdated or irrelevant to the questions asked. As a result, experts in the field, career counselors, and trusted websites are still recommended for the best career advice. If managers are too busy to provide support, Gen Z workers might consider seeking opportunities at companies that prioritize professional development and goal-setting.
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Related News
Stop complaining about Gen Z workers—and start helping them
Livemint
·
12d ago
Medial
Gen Z workers missed essential career-shaping experiences due to the pandemic. Rather than complaining, bosses should assist in bridging these gaps. Leadership coach Susan Lucia Annunzio emphasizes the importance of helping Gen Z gain workplace skills. By supporting this generation, managers can foster a more skilled and adaptable workforce.
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Go to the office 4 to 5 times a week if you're young and want to score a promotion, says a corporate leader
Business Insider
·
1y ago
Medial
PricewaterhouseCoopers UK Chair, Kevin Ellis, advises junior staff to be present in the office four to five days a week for career success. With the rise of AI taking over tasks previously handled by junior staff, face time and office collaboration become crucial. However, balancing remote work has been challenging post-COVID-19. Other corporate leaders, such as JPMorgan Chase CEO Jamie Dimon and Goldman Sachs CEO David Solomon, also encourage young employees to be physically present for mentorship opportunities. A US survey indicates that remote workers are less likely to receive promotions and raises. The reception of this advice among Gen Z is uncertain as they remain undecided about remote work.
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80% Gen Z professionals prefer career growth over salary: Report
Inshorts
·
8m ago
Medial
Around 80% of Gen Z professionals prioritise mentorship and career growth over traditional metrics like salary, according to a survey by apna.co. Gen Zs seek clarity and purpose in career, unlike previous generations for whom financial stability was the primary concern, the report added. They aim to build skills that naturally lead to rewards, not short-term gains, it further said.
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Younger workers are actually using AI on the job less than Gen X and millennials
Business Insider
·
1y ago
Medial
A recent study by Ernst & Young conducted with a third-party research group found that older American workers (~74% of millennials and ~70% of Gen X) are more open to using AI at work than Gen Z. The study suggests that younger workers may trust AI less and be less convinced of its value. Some possible reasons include differing levels of comfort with new technologies and higher expectations of technology by Gen Z, who may quickly move on if AI doesn't meet their needs. However, some Gen Z workers have found AI helpful in their jobs.
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72% Gen Z values job satisfaction, work-life balance over salary, study reveals
Money Control
·
10m ago
Medial
A recent study by talent platform Unstop revealed that Generation Z employees prioritize job satisfaction and work-life balance over earning a higher salary. The study found that 72% of Gen Z workers value job satisfaction over pay, and 77% prefer opportunities for growth and development over higher wages. This represents a shift in workplace priorities compared to previous generations. Additionally, nearly half of Gen Z professionals are considering changing jobs within the next two years, with work-life balance being a crucial factor. The study highlights the need for companies to adapt to the preferences of Gen Z employees to attract and retain talent.
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Don't tell Gen Z the ChatGPT hype bubble is over
Business Insider
·
1y ago
Medial
According to a recent Pew survey, ChatGPT usage has increased among Gen Z, with 43% of Americans aged 18-29 stating they have used the chatbot, up from 33% in July last year. Interestingly, almost a third of young people claim to have used ChatGPT for work-related tasks. This suggests that young people are more open to embracing new technologies and are finding practical applications for AI-powered chatbots. These findings challenge the assumption that interest in AI has declined and highlight the need to consider multiple data points when analyzing trends.
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84% Gen Z consumers rely on GenAI for news interpretation: Google, Kantar report - The Economic Times
Economic Times
·
8h ago
Medial
A Google and Kantar report, "Bridging the Gap: Reimagining News for Gen Z," surveyed over 4,000 Gen Z respondents across 40 markets. It revealed 84% of Gen Z use AI for deeper news insights, while 43% verify messages before sharing, and 49% distrust reports from unverified accounts. Gen Z values credible, emotionally resonant news. Social media is the primary news source for 91% of respondents. English is preferred for reading, while local languages dominate audio and video news.
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Amazon Fashion’s Next Gen Store logs 3X growth in Gen Z shoppers
Economic Times
·
4m ago
Medial
Amazon Fashion's Next Gen Store, targeting Gen Z, has seen 3x growth in Gen Z shoppers and a 4x increase from tier-II cities. It offers over two million products from 340+ brands. With more than 60 million Gen Z individuals shopping online, there's a growing opportunity for brands. The store's success highlights the digital shift in fashion accessibility. Amazon also expanded its 10-minute delivery service, Amazon Now, as part of its scale-up strategy.
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GenZ’s Workplace Priorities: Looking Beyond The Payslip
Inc42
·
1y ago
Medial
As Gen Z individuals begin to dominate the workforce, companies are adapting their strategies to attract and retain this unique generation. Unlike previous generations, Gen Z is not solely motivated by paychecks. They prioritize purpose and social impact, with 80% of them reporting higher job satisfaction when working on societal issues. They also value work-life balance, flexibility, and continuous learning opportunities. To retain this workforce, talent teams are implementing strategies focused on value proposition, skill development, and creating a modern recruitment approach. Understanding Gen Z's needs and expectations is crucial for creating a thriving work environment.
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How The Financialist is redefining financial advice in India
Economic Times
·
17d ago
Medial
The Financialist, founded by Vatsal Makhija and Priyank Shah in 2020, offers comprehensive financial services, addressing a gap in India's financial advice sector. Catering mainly to millennials and Gen Z, it provides a digital family office model with services like investment, insurance, and tax planning. Unlike traditional models, The Financialist charges a fixed fee based on clients' income rather than asset percentages, ensuring unbiased advice. The company, supported by Rainmatter Foundation and IVY Growth Associates, aims to expand its NRI base.
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