EXCLUSIVE: Gen Z staff 20% more likely to engage with benefits package

benefits packageGeneration Z employees aged 25 and below are 20% more likely to engage with their employee benefits package than their older colleagues, according to new research.

Corporate wellbeing platform Gympass surveyed employees across the globe for its first annual 2022 State of work-life wellness report, investigating and analysing trends and data to assess how businesses should adapt in order to maximise employee wellbeing, productivity and benefits.

It found that in the UK, 89% of Gen Z members of staff would quit if their employer did not focus on employee wellbeing and are three times more likely to rank wellbeing at work as important compared to the older workforce.

The data also revealed that 75% of Gen Z workers are happy in their current jobs compared to 60% of staff aged 50 and above. The vast majority (84%) of young workers said that they are engaged at work as opposed to 75% of those aged 50 and above.

Meanwhile, nearly 73% of respondents across the globe would only consider businesses that emphasise employee wellbeing if they were looking to change jobs.

Luke Bullen, chief executive officer at Gympass UK, said: “The pandemic changed people’s approach to wellbeing, but it appears this has been felt most with the youngest workers. This generation is not lazy, they are reassessing their relationship with work in a way that older generations never did. They are prioritising their own wellbeing and taking stock of what they want out of their employment. Today, young people are simply not content with jobs they deem unsatisfying or potentially harmful to their health and they are not shy about sharing these expectations with their employers.

“Businesses need new employee engagement tactics in light of this changing demographic, so it’s important to question the current narrative. They’re actually just prioritising their own wellbeing and speaking more publicly about the role of labour in their lives.”