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Breakfast Bonus: Gen z work demands · Toni, Jase & Sam - Breakfast Catchup

• 0:00
  Speaker 1: The Coast Breakfast Bonus Podcast with Tony Jason Sam.
• 0:05
  Speaker 2: Hi, thanks for listening to our Breakfast Bonus podcast today.
• 0:07
  Speaker 3: We're talking about, and you may have seen this in
• 0:08
  Speaker 3: the news as well, recruiters who come out saying that
• 0:11
  Speaker 3: gen Z demands or gen z demands are ridiculous. When
• 0:14
  Speaker 3: they're going to the workplace, they want to go, I
• 0:16
  Speaker 3: want to work from home, please, and I want a
• 0:17
  Speaker 3: six figure salary, And these recruiters are saying, hold, and
• 0:20
  Speaker 3: you need a bit of life experience first before you
• 0:22
  Speaker 3: start working from home.
• 0:23
  Speaker 2: I don't know.
• 0:25
  Speaker 4: I just think the needs of the young people have changed.
• 0:28
  Speaker 4: The modern world has changed, and I don't think employers'
• 0:31
  Speaker 4: perceptions have changed with that.
• 0:33
  Speaker 5: Yeah, I think so too.
• 0:34
  Speaker 2: Yeah maybe right, maybe I think who's the arrogant one here?
• 0:36
  Speaker 6: I just think it's holding on to the status quo
• 0:40
  Speaker 6: and the long held view that that's more productive. And
• 0:42
  Speaker 6: I just don't know if there's a case anymore.
• 0:43
  Speaker 4: Yeah, because I think I think the young people are
• 0:46
  Speaker 4: fairly desensitized, you know what I mean, Like de incentivized
• 0:51
  Speaker 4: is what I'm trying to say about.
• 0:51
  Speaker 2: I think we're pretty sensitive, yeah, the sensitive, but d incentivized,
• 0:54
  Speaker 2: like imagine.
• 0:55
  Speaker 4: Coming to the workforce as a twenty year old right
• 0:57
  Speaker 4: now and going, man, I'd love to own my own home.
• 1:00
  Speaker 2: How you know what I mean?
• 1:01
  Speaker 4: So, at what point does your priority in your life
• 1:04
  Speaker 4: become your work to get ahead when it's so de
• 1:06
  Speaker 4: incentivized it's impossible to own a new home or you know,
• 1:09
  Speaker 4: to start a new business.
• 1:10
  Speaker 2: It's it's it's monumentally large.
• 1:12
  Speaker 6: Now. I do think there is also a sense of
• 1:16
  Speaker 6: entitlement totally. It's like, I don't know, it's never ever
• 1:19
  Speaker 6: crossed my mind not to work hard and to be
• 1:23
  Speaker 6: thankful for having.
• 1:24
  Speaker 5: A job, the attitude of what can I do to
• 1:28
  Speaker 5: serve you?
• 1:29
  Speaker 3: But I think I think that may be when when
• 1:31
  Speaker 3: I started in the industry, that's how it was changing.
• 1:35
  Speaker 2: That's because there was a pathway, there was a pathway
• 1:37
  Speaker 2: to success.
• 1:38
  Speaker 6: Well, I think there's multiple path pathways for young people now.
• 1:41
  Speaker 6: I think that's the problem. There's so much choice.
• 1:43
  Speaker 4: It's just harder to see the end result on how
• 1:45
  Speaker 4: you can actually succeed. That's that's my opinion. I just think,
• 1:49
  Speaker 4: how do you get a hit in this world?
• 1:50
  Speaker 3: Well, they're saying this, they're saying that gin z arrogant
• 1:53
  Speaker 3: expectations are leaving a bad taste in bosses mouths. They're
• 1:56
  Speaker 3: pushing for work life balance. I don't see that's a
• 1:58
  Speaker 3: bad thing. Work life balance is so important. Push for that, well,
• 2:01
  Speaker 3: they need it.
• 2:01
  Speaker 4: That's exactly back to my point that they are prioritizing
• 2:04
  Speaker 4: their life because their work is not going to provide
• 2:07
  Speaker 4: them what they need in their life.
• 2:08
  Speaker 3: Felt we're still at dinosaurs at the top of these businesses.
• 2:12
  Speaker 6: But who don't understand that if someone is has a
• 2:15
  Speaker 6: work life happy balance, they're least likely to leave their job,
• 2:18
  Speaker 6: that's more likely not to resident their workplace.
• 2:21
  Speaker 4: But here's the really good news for young people is
• 2:23
  Speaker 4: that there's so many established businesses that no longer know
• 2:26
  Speaker 4: how to fit into this world and of marketing via
• 2:30
  Speaker 4: social media and setting up websites and graphic design and
• 2:33
  Speaker 4: getting an audience. And these young people know that stuff.
• 2:36
  Speaker 4: So the sooner we work out how to incorporate them
• 2:39
  Speaker 4: and use them for their skills, that's yeah, And that
• 2:42
  Speaker 4: means there will be business opportunities. You're taking over these
• 2:45
  Speaker 4: wonderful companies and culture.
• 2:46
  Speaker 3: It's not just how you market the business and the
• 2:48
  Speaker 3: social media side of things, it's actually as a human
• 2:50
  Speaker 3: being because I mean, I think there's still a lot
• 2:51
  Speaker 3: of people in the workplace, and maybe I'm being a
• 2:53
  Speaker 3: little bit age just as well. But the older generation like, no,
• 2:56
  Speaker 3: you come here to work, you're here to make friends,
• 2:57
  Speaker 3: you here to work, whereas other people are like, well,
• 2:59
  Speaker 3: hold on, as you need a bit of I want
• 3:01
  Speaker 3: to enjoy myself at work.
• 3:02
  Speaker 5: Yes, it doesn't have to be mutually exclusive.
• 3:05
  Speaker 2: No, they don't. It's a two way street.
• 3:07
  Speaker 4: People. These young people have these expectations, but the sooner
• 3:10
  Speaker 4: you kind of play it to their way and start
• 3:12
  Speaker 4: using their skills, the better off these kind.
• 3:14
  Speaker 2: Of aging businesses will be totally.
• 3:16
  Speaker 4: And that's why it's a great argument, because we need
• 3:18
  Speaker 4: we need to understand where young people are coming from,
• 3:20
  Speaker 4: and older people need to and the younger people also
• 3:24
  Speaker 4: need to kind of work towards setting their value set
• 3:26
  Speaker 4: in the same a similar place to their employers.
• 3:29
  Speaker 5: Sort of.
• 3:30
  Speaker 3: Yes, but I think you know, one of the things
• 3:31
  Speaker 3: in the article says that they're asking for six figure jobs,
• 3:34
  Speaker 3: So I'm not going to get out a bid for
• 3:35
  Speaker 3: less than one hundred thousand dollars.
• 3:37
  Speaker 5: Don't get out of bed and see how that works
• 3:39
  Speaker 5: out for you.
• 3:39
  Speaker 2: If there's that too exactly.
• 3:41
  Speaker 6: Obviously there's a catchment or a fallback option that's too easy.
• 3:45
  Speaker 2: That's it make it too easy.
• 3:47
  Speaker 5: Otherwise you just do it because you know you're not going.
• 3:49
  Speaker 2: To eat, or it's easy to say our, well you
• 3:52
  Speaker 2: a job.
• 3:52
  Speaker 3: Well, you know, I guess it's a little bit of
• 3:54
  Speaker 3: reluctance even try, but a play self perhaps. But also
• 3:57
  Speaker 3: let's not forget the cost of living is a lot
• 3:59
  Speaker 3: higher now the world it used to be, so.
• 4:01
  Speaker 5: You kind of do need six figures a lot more
• 4:04
  Speaker 5: money than used to do. What's driven up the cost
• 4:06
  Speaker 5: of living, it's.
• 4:07
  Speaker 2: The price of everything, including labor.
• 4:09
  Speaker 6: Again, also New Zealand's exclusion from the rest of the world. Right,
• 4:14
  Speaker 6: we're a long way away, and that is what drives
• 4:16
  Speaker 6: it up to I still.
• 4:17
  Speaker 4: Think there's a there's a massive role here for beginner jobs.
• 4:21
  Speaker 4: And you know, when you start paying beginner jobs intermediate salaries,
• 4:25
  Speaker 4: you strike a problem because it.
• 4:27
  Speaker 2: Takes away the expion but also.
• 4:29
  Speaker 6: Just goes infinitely higher. It's not the same incline.
• 4:33
  Speaker 2: But also no one will do those jobs entry level job.
• 4:36
  Speaker 2: We're paying entrylevel money.
• 4:37
  Speaker 4: Because of what Tony said, though they don't want to
• 4:39
  Speaker 4: do the entry level jobs. Because there is a better option,
• 4:42
  Speaker 4: and that is I don't need to I don't need
• 4:44
  Speaker 4: to work my ass off because at the worst case scenario,
• 4:47
  Speaker 4: I'm still getting one thousand bucks a week.
• 4:48
  Speaker 2: So who's more arrogant? Here the job seekers all the employers.
• 4:51
  Speaker 4: It's a middle ground.
• 4:53
  Speaker 2: Yeah, I think they're both claimed.
• 4:54
  Speaker 4: We need to work together.
• 4:55
  Speaker 5: I think the systems at fault.
• 4:57
  Speaker 2: The system's broken.
• 4:58
  Speaker 1: Thanks for listening to a Coast Breakfast bonus podcast.
• 5:02
  Speaker 2: Get your day started with
• 5:03
  Speaker 1: Coasts Feel Good Breakfast Tony Street, Jason Reeves and Sam Wallace.