A report by Admiral reveals a significant shift in employment attitudes among workers under 27. Many are showing a strong preference for long-term employment. The study indicates that 75% of 18 to 27-year-olds (Gen Z) are seeking stable, long-term roles, with many prioritising career development over higher salaries. Unlike Millennials, who often switch jobs for pay increases, 70% of Gen Z workers prefer to grow within a single firm. Matt Wintle, head of talent and acquisition at Admiral, noted that younger employees are keen to invest in their workplace and seek personal development and work-life balance.

BFS Comment:

Has this change in attitude been brought about, perhaps, by the recent lack in business confidence expressed by many SME’s? If so, this could be an encouraging trend for those employers, particularly in view of the recent Government impositions of new employment laws. It should encourage expenditure on the development of such new, young employees.