42% of general workers gained a job through nepotism, whereas those in Gen Z, 70% had a job from nepotism, per Applied.
Additionally, recently, Kantar estimated that almost half of Gen Z employee income comes from a combination of at least two roles. Only 21% of Boomers were likely to have over one position.
It was also revealed that 65% of Gen Z workers either had or would consider a side job. Interestingly, 42% of Boomers said that they preferred working remotely due to them being more productive.
Out of Gen Z employees, only 28% of them said that they would prefer working at home and only 14% of them said they would prefer not to work remotely. Some of the reasons being they would like to access office perks like lunches or snacks.
Only 8% of Boomers said they would prefer to go to the office and potentially access the lunch or snack perks. It was also noted that Gen Z workers were working hard most likely because they are trying to get promoted.
Kantar's research was conducted online and consisted of 10,055 participants from December 13 2022 to January 6 2023. These participants were either part-time or full-time workers across ten global markets.
The locations that were included in the study consisted of the following.
- US
- UK
- France
- Germany
- India
- Singapore
- Spain
- South Afrika
- Mainland China
- Brazil
A September 2022 FED study found that remote work had a direct effect on the increase in house prices and that the shift was responsible for 60% of the markup felt during the pandemic. It was found that for every 1% increase in remote work, house prices would also increase by 0.9%.
Read more: https://unusualwhales.com/news/almost-half-of-gen-z-employee-income-comes-from-two-roles
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