I am an Xer who manages a small but crucial team at my workplace (in an EU country). I had a lady resign last week, and I have another who may be about to resign or I may have to let go due to low engagement. They are both Gen Z. Today it hit me: the five years I’ve been managing this department, the only people I’ve lost have been from Gen Z. Clearly I do not know how to manage Gen Z so that they are happy working here. What can I do? I want them to be as happy as my Millennial team members. One detail that might matter is that my team is spread over three European cities.
Happy to provide any clarification if anyone wants it.
Edit. Thanks for all the answers even if a few of them are difficult to hear (and a few were oddly angry?) This has been very helpful for me, much more so than it probably would have been at the Old Place.
Also the second lady I mentioned who might quit or I might have to let go? She quit the day after I posted this giving a week’s notice yesterday. My team is fully supportive, but it’s going to be a rough couple of months.
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Definitely this - you can stay with a company and get a small raise yearly (maybe), or switch roles and advance quickly
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I think it works really well for some people, but personally I feel like you
Just pointing out that we didn’t invent that mantra for ourselves. I’ve heard that same thing incessantly from teachers and professors which were gen x and boomers over the years.
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Short-sighted behavior: People are incentivized to not stay.
The only thing that I have seen personally work is private companies doing a company stock program. You only share with the owners and other employees, thus you get a bigger piece of the pie. I have seen coworkers retire holding a $1,000,000 in shares (plus the same in their 4K)!
However, this was a large private company.
I’m also gen X, but the two year rule has been around my entire career, at least for tech jobs. In the first half of your career, in order to build experience and increase compensation, you need to change jobs frequently. Anything less than 2 years is a problem with stability, so change jobs every 2+ years. Anything more than you need to, and your pay lags your peers, and you likely are not gaining sufficient experience to advance your career
I had an interesting conversation with an interviewer about ten years ago - I’m in part of my career where I thought stability is desired, but they were concerned whether someone at the same place ten years could adjust. LoL. Apparently even in the latter half of your career, it’s important to switch jobs regularly
Same, and same.
I ended up making a lot more money in my career by moving around.
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Yeah, I wonder if pay is competitive with the market and they are getting pay raises to stay competitive. I am making less than new hires with less experience only because I got hired years ago.
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Not just a path to advance, but a path that feels fair and is faster than changing jobs. A lot of places that do pay well still make it easier to go up a level as an external hire than they do for an internal promotion. In other words, it’s easier to get “promoted” by switching jobs.
Which is pretty weird. Companies would rather make the decision based off a few hours of interviews for someone who knows nothing about their company, over years of data for someone who knows the company well. I think it’s partly “grass is always greener” and also partly companies wanting to pay people less when they already employ them. They’ll pay more for external hires cause they want to get em, but once they’re there, there’s less reason to pay more.