GenZ aren’t quiet quitting; they’re working multiple jobs instead
New research shows 40% of GenZ are working more than one job and are the most concerned about job security and workers overall expectations around remote working have shifted, according to Kantar's Connecting with the Workforce Report which surveyed respondents in 10 countries.
40% of GenZ are hustling, not “quiet quitting”
New research reveals that one in three people have a side job due to living expenses London, February 16, 2023 – Kantar, the world’s leading marketing data and analytics company, today releases its Connecting with the Workforce report, revealing that 30% of the workforce have a second job due to economic concerns –whether to mitigate economic uncertainty (49%) or to meet current financial needs (34%) – a clear reflection of the impact the cost-of-living crisis in having and global instability. According to the research, the “side-hustle” trend spans generations: 36% of Millennials, 30% of GenX, and 21% of Boomers have at least two jobs. GenZ is the most impacted group –with 40% having two or more roles, a figure that suggests that “quiet quitting” is no more than the need to be at their next job on time. Kantar’s study, which questioned 10,000 people in 10 countries, explores the fundamental changes in today’s workforce driven by economic uncertainty, the lasting impact of the pandemic on our work habits and the wave of layoffs across industries. Other key findings include:- Nearly half of the workforce is worried their company may need to lay off employees, and 4 out of 6 workers concerned about layoffs are considering new employment.
- 50% of people would look for a new job if an employer decided to change their remote work policy, and 80% would accept a new job if it were 100% remote.
- 45% of C-Suite respondents said they work fully remote or hybrid by choice - despite the narrative that bosses are trying to force people back to the office.
- The 4-day workweek concept is favoured by half of the workforce, and 60% would pursue a new role if the idea gained popularity.
Read more:Think Women’s 40 Outstanding Global Women 2023 - Zarina Ward, Kantar Public
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