Friday, January 22, 2021
Home Business Half of The GenZ Women Choose To Be Their Own Bosses

Half of The GenZ Women Choose To Be Their Own Bosses

GenZ (ages 14-22) is the most purpose-driven generation

Half of all GenZ women (55 percent) want to be their own bosses, up from 43 percent in 2019, according to a new report. When asked what would drive their confidence, women surpassed men in saying launching a business would most improve their confidence.

The findings are from the Girls With Impact’s 4th annual report, What’s Inside the Minds of GenZ… during COVID?’.

While it’s generally known that GenZ (ages 14-22) is the most purpose-driven generation, this heightened awareness came through this year as they have been reactive to the most pressing issues of 2020 — from #BlackLivesMatter to climate change to COVID-19.

Follow NewsGram on Instagram to keep yourself updated.

In a shift from 2019, when asked how they want to make an impact, 63 percent of GenZers said they want to “personally create something innovative” — now ranking as their number one priority while 53 percent want to become entrepreneurs.

Nearly one-half (47 percent) want to work for a company that is doing something innovative. “People don’t go to work for the money — they want to make an impact,” said 16-year-old Neha Shukla, CEO of SixFeetApart.

“GenZ is taking action on the issues facing our world. This isn’t only demonstrated in their personal beliefs, but what they expect in the workplace,” said Jennifer Openshaw, CEO of the nonprofit, Girls With Impact.

GenZ Women
GenZ also shifted priorities from a short travel time and mentoring in 2019 to remote working and flexible hours. Pixabay

Aside from success, getting a job, and mental health placing among their top three worries, concerns over racism took a leap. Racial worries jumped 6x with 6.8 percent of all GenZers saying it was their single greatest worry vs just 1 percent in 2019.

Want to read more in Hindi? Checkout: भारतीय खिलाड़ियों में मेजर चैम्पियनशिप जीतने का दम : जीव मिल्खा सिंह

Diversity and inclusiveness translated into their workplace priorities; GenZ said they most valued “respect” and a “great manager” (vs an “older, experienced team” and “fun”, which ranked on numbers 1 and 2 in 2019). More women than men ranked diversity as a priority.

Turning to the toll of COVID-19, mental health worries have spiked 14 percent since 2019, ranking third as a top concern – perhaps the result of seeing family members lose jobs. Worries about grades also rose, up 20 percent over the previous year.

According to the report, GenZ women could see their confidence rise by becoming an entrepreneur in a 12-point jump – up to 55 percent vs 43 percent last year.

ALSO READ: Six Smart Ways To Reduce The Wastage of Food

GenZ also shifted priorities from a short travel time and mentoring in 2019 to remote working and flexible hours – with greater attention to volunteer opportunities. GenZ women continue to have a lower compensation expectation – and the gender gap in earnings expectations has widened – with 39 percent of men expecting to earn over $100K by 40 vs 27 percent of women, said the report. (IANS)



Most Popular

People Following COVID Rules Due To Social Influence

People are more likely to follow Covid-19 restrictions based on what their friends do, rather than their own principles, a new study suggests. The findings...

Rise In Obesity Rates Due To Brain Pressure Disorder

A brain pressure disorder called idiopathic intracranial hypertension is on the rise, and the increase corresponds with rising obesity rates, a new study suggests. Idiopathic...

Prostate Cancer Can Be Detected By AI Through Urine

A novel Artificial Intelligence (AI)-based technique may help in diagnosing prostate cancer from the urine within only twenty minutes with almost 100 percent accuracy,...

Heart Disease Risk: Women Under 55 With Diabetes

Women, who are under 55, with Type-2 diabetes are at greater risk of developing coronary heart disease, a new study suggests. The study indicates...

Women Sailing Crew To Fight Against Marine Plastic Pollution

The Commonwealth Secretariat has signed a Memorandum of Understanding with 'eXXpedition', a non-profit organization that runs all-women sailing expeditions to research the causes of...

A screening Tool To Diagnose Depressive Symptoms In Early Pregnancy

Researchers have identified a screening tool that may help diagnose depressive symptoms and other mental disorders in early pregnancy. The study, published in the...

AI To Read The Facial Expressions Of Women In Distress

The Lucknow police are deploying facial recognition technology backed by security cameras that will read expressions of women in distress and alert their nearest...

Queer Spaces To Check Out In Philadelphia

In 1965, four years before the Stonewall Riots in New York ignited the worldwide modern gay rights movement, a group of protesters began an...

Recent Comments