New Delhi: More than half of Gen Z and two-thirds of millennials globally are optimistic about the country's economic and social condition and expect it to improve further, a Deloitte survey said on Wednesday.
Deloitte's 2024 Gen Z and Millennial survey states that both generations are optimistic about GenAI and its potential benefits and have seen improvements in the way they work, with 4 in 10 receiving training.
The survey also found that nine in 10 Gen Z and Millennials say purpose is important to job satisfaction and that they may reject work or employers that are not in line with their ethics and beliefs.
The survey gathers insights from more than 22,800 Gen Z and Millennials respondents from 44 countries and explores how Gen Z and Millennials understand the changes occurring in the world around them.
Fieldwork for the survey was completed between November 24, 2023, and February 13, 2024.Gen Z respondents were born between January 1995 and December 2005 and Millennial respondents were born between January 1983 and December 1994.
According to the survey, the Millennial generation is feeling more optimistic about the overall economic, financial and social outlook than their global counterparts and this sentiment has been boosted by India's sustained economic growth amid the global recession.
Two-thirds of Millennials (65 percent) and more than half of Gen Z (58 percent) expect the country's economic outlook to improve over the next year. I'm in a much better position than last year, as more Ge Zs (62 percent) and Millennials (64 percent) are now confident with their financial situation.
According to the survey, both generations believe that GenAI will have a positive impact on their work-life balance and the way they work.More than half of Ge Zs (51 percent) and Millennials (54 percent) use GenAI frequently at work and feel strongly that it will free up their time for creative and strategic work.
However, they are equally confident that they will need to re-skill and that GenA will influence their career decisions and lead to some job loss. The survey highlights how women are more excited about GenAI and slightly more comfortable working with it than men.
“Millennials and Gen Z are agents of change and make significant contributions to shaping the future of work. More than half of respondents are excited about GenAI and believe this new technology will have a positive impact on their work-life balance, leading to You will get more time for creative work.“And strategic engagement”, said Deepti Sagar, chief people and experience officer, Deloitte India.
Deloitte's 2024 Gen Z and Millennial survey states that both generations are optimistic about GenAI and its potential benefits and have seen improvements in the way they work, with 4 in 10 receiving training.
The survey also found that nine in 10 Gen Z and Millennials say purpose is important to job satisfaction and that they may reject work or employers that are not in line with their ethics and beliefs.
The survey gathers insights from more than 22,800 Gen Z and Millennials respondents from 44 countries and explores how Gen Z and Millennials understand the changes occurring in the world around them.
Fieldwork for the survey was completed between November 24, 2023, and February 13, 2024.Gen Z respondents were born between January 1995 and December 2005 and Millennial respondents were born between January 1983 and December 1994.
According to the survey, the Millennial generation is feeling more optimistic about the overall economic, financial and social outlook than their global counterparts and this sentiment has been boosted by India's sustained economic growth amid the global recession.
Two-thirds of Millennials (65 percent) and more than half of Gen Z (58 percent) expect the country's economic outlook to improve over the next year. I'm in a much better position than last year, as more Ge Zs (62 percent) and Millennials (64 percent) are now confident with their financial situation.
According to the survey, both generations believe that GenAI will have a positive impact on their work-life balance and the way they work.More than half of Ge Zs (51 percent) and Millennials (54 percent) use GenAI frequently at work and feel strongly that it will free up their time for creative and strategic work.
However, they are equally confident that they will need to re-skill and that GenA will influence their career decisions and lead to some job loss. The survey highlights how women are more excited about GenAI and slightly more comfortable working with it than men.
“Millennials and Gen Z are agents of change and make significant contributions to shaping the future of work. More than half of respondents are excited about GenAI and believe this new technology will have a positive impact on their work-life balance, leading to You will get more time for creative work.“And strategic engagement”, said Deepti Sagar, chief people and experience officer, Deloitte India.
