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Study reveals most GenZ is interested is new age professions-here's what they value most
According to a research, one in every four GenZ respondents in India is interested in new-age professional categories such as artificial i... Read More According to a research, one in every four GenZ respondents in India is interested in new-age professional categories such as artificial intelligence, cybersecurity, and content production, while 43% are willing to forgo work-life balance to advance their careers. The Quest Report 2024, which reveals Gen Z features and trends in ambitions, vocations, and aspirations, also discovered that only 9% of respondents desire to pursue entrepreneurship because they value stability and security in their jobs.Gen Z typically refers to people born between 1997 and 2012. Who commissioned the study? Credit: Pexels | One in every four Indian respondents is interested in new-age job category According to a study commissioned by iQOO in collaboration with CyberMedia Research, one in every four Indian respondents is interested in new-age job categories such as content production, data analysis, AI, and cybersecurity. iQOO is a sub-smartphone brand inside the Vivo company. "43 percent of respondents in India and 46 percent globally are willing to give up work-life balance to succeed in their career," it stated, adding that over 62 percent of Indian youth are willing to give up their hobbies and other interests to attain their aspirations. For the Gen Z who is interested in entrepreneurship, below video would be a great help. How many Gen Z respondents participated in the survey? According to a study of 6,700 Gen Z respondents aged 20-24 years from seven countries, including the United States, the United Kingdom, Malaysia, Brazil, and India, 19% of Indians surveyed prefer career advancements in large organizations, while 84% of Indian respondents believe their jobs align with their goals, compared to 72% globally. What did the study majorly focus on? The study focused on three major topics: Gen Z Questers' spirit and motivation to achieve their goals, hurdles and impediments that impede their pursuit of passion, and employment options that align with their interests. Also read: Gen Z slang 'boop,' 'the ick,' 'chef's kiss,' 'IYKYK,' and 'face journey' added to Cambridge Dictionary This Reddit thread also gives an insight at what Gen Z is really interested in. Do check it out. What is a profession that a lot of Gen Z seem to gravitate toward? byu/StrongHurry4938 inGenZ What do you think about this? Tell us in the comments.
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Work-Life Balance Takes Backseat For Ambitious GenZs, 1 In 4 Embrace New-Age Careers: Report - News18
One in every four GenZ respondents in India is more inclined towards new-age job fields like Artificial Intelligence, cybersecurity and content creation while 43 per cent are willing to sacrifice the work-life balance to succeed in their career, a study has found. The study, the Quest Report 2024, which unveils Gen Z traits and trends on dreams, careers, and aspirations, also found that only 9 per cent of respondents want to pursue entrepreneurship as they seek stability and security in work life. Gen Z usually refers to those born between 1995 and 2010. "One out of 4 Indian respondents are more inclined towards new-age job fields like content creation, data analysis, AI, and cybersecurity," the study commissioned by iQOO in association with CyberMedia Research, said. iQOO is a sub-smartphone brand of the vivo group. "43 per cent of respondents in India and 46 per cent globally are willing to give up work-life balance to succeed in their career," it said, adding that around 62 per cent of the Indian youth are willing to give up their hobbies and other interests to achieve their dreams. "Recent debate on work-life balance due to deliberation on 14-hour work day & 70-hour workweek have stirred conversations amongst the Gen Z," the study noted. The study of 6,700 Gen Z respondents, aged between 20-24 years, from seven countries including the US, the UK, Malaysia Brazil and India, stated that 19 per cent of Indians surveyed prefer career advancements in big organisations while 84 per cent of Indian respondents believe their jobs align with their goals, compared to 72 per cent globally. As many as 45 per cent of Questers said that they would take up higher studies to support their quest while 32 per cent believe they should take up relevant jobs to support their dreams. Around 46 per cent feel financial constraints as a barrier to pursuing their choice of career. However, over 90% are confident in achieving their dream despite the barriers. "2X of women feel gender affects the pursuit of their dreams compared to men," the study said. The study covered three broad areas- Gen Z Questers' spirit & motivation to fulfil their dreams, obstacles & barriers that disrupt their quest for passion, and career choices that drive their interests.
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'Job seekers' over 'job creators'? Why Indian Gen Z workers want to stay away from startups
According to the iQOO Global Quest Report 2024, Indian Gen Z is showing a preference for large corporations over startups, with only 9% interested in entrepreneurship. New-age job fields like AI and data analysis are also attracting Indian youth despite challenges like financial constraints.Indian Gen Z is planning to steer clear of startups, prefering the stability of large corporations instead, a new report has found. The iQOO Global Quest Report 2024 reveals a surprising trend among Indian Gen Z: only 9% are interested in entrepreneurship, while 19% aim for leadership roles in established organizations. The report, created by iQOO in partnership with CyberMedia Research (CMR), surveyed 6,700 Gen Z respondents across seven countries to explore their aspirations, career choices, and the challenges they face. This trend arises despite India's status as the world's third-largest startup ecosystem, boasting over 125,000 startups and 110 unicorns, according to Prime Minister Narendra Modi. However, the startup sector faces hurdles as angel investors grow increasingly cautious, raising concerns about whether the youth are inclined to be "job seekers" rather than "job creators." According to the report, Gen Z's career aspirations are shifting away from entrepreneurship toward more stable career paths. While 9% of Indian Gen Z express an interest in entrepreneurship, a significant 19% are keen on advancing within large organizations. This preference indicates a desire for job security and career progression in more established settings. The iQOO Global Quest Report uses a quantitative metric called the Quest Index (QI) to evaluate the drive and ambition of Gen Z across different countries. India leads with a QI of 9.1, followed by Malaysia (8.7), Thailand and the USA (8.2), Indonesia (8.1), the UK (8.0), and Brazil (7.8). These scores suggest that Indian Gen Z is among the most driven and ambitious globally. One of the key findings from the report is that 1 in 4 Indian respondents are drawn to new-age job fields such as data analysis, artificial intelligence, cybersecurity, and content creation. These fields are seen as offering more innovative and dynamic career opportunities compared to traditional industries. Despite their ambition, 43% of Indian Gen Z respondents, compared to 46% globally, are willing to sacrifice work-life balance to achieve career success. Gender disparity is viewed as a significant barrier by 8 out of 10 Indian Gen Zs, highlighting ongoing challenges in achieving workplace equality. Furthermore, 84% of Indian Questers believe their current jobs align with their goals, compared to 72% globally. A notable 91% of Indian respondents feel that taking a gap year can help them pursue their dreams and aspirations. Financial constraints are a barrier for 46% of respondents, yet over 90% remain confident in overcoming these challenges. Indian youth take twice the initiatives compared to their global peers, demonstrating resilience and determination. Education and mentorship are seen as crucial for supporting career aspirations. According to the report, 51% of Questers are open to pursuing higher studies, while 49% believe that mentorship from experts is a powerful tool for achieving their goals.
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A recent study reveals Gen Z's growing interest in new-age professions, with a focus on AI and cybersecurity. However, they are also showing a preference for job security over entrepreneurship.
A recent study has shed light on the evolving career preferences of Generation Z, revealing a significant shift towards new-age professions. The research indicates that a majority of Gen Z individuals are showing keen interest in fields such as artificial intelligence (AI), machine learning, and data science 1.
Among the emerging career paths, AI and cybersecurity have emerged as the top choices for Gen Z job seekers. The demand for AI professionals is expected to grow by 40% annually, while the cybersecurity sector is projected to expand by 32% by 2028 2. This trend aligns with the rapid digitalization across industries and the increasing need for data protection and advanced technological solutions.
As Gen Z gravitates towards these new-age professions, traditional career paths are experiencing a decline in popularity. Fields such as civil services, law, and chartered accountancy are seeing reduced interest from this younger generation 1. This shift reflects the changing job market dynamics and the impact of technological advancements on career opportunities.
Interestingly, despite their inclination towards innovative fields, Gen Z workers in India are showing a preference for job security over entrepreneurial ventures. A survey conducted by LinkedIn reveals that 69% of Gen Z professionals in India prefer to be job seekers rather than job creators 3. This trend marks a departure from the startup culture that gained momentum with millennials.
Several factors contribute to Gen Z's career preferences:
Technological proficiency: Growing up in a digital era has made Gen Z naturally inclined towards tech-driven professions 2.
Job market demands: The increasing need for AI and cybersecurity professionals aligns with Gen Z's career interests 2.
Economic uncertainty: The desire for job security may be influenced by global economic challenges and the unpredictable nature of entrepreneurship 3.
Work-life balance: Gen Z prioritizes personal well-being and work-life balance, which may be perceived as more achievable in established companies rather than startups 3.
As the job market continues to evolve, these trends among Gen Z professionals are likely to shape the future workforce and influence corporate strategies for talent acquisition and retention.
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A comprehensive study by upGrad Enterprise shows that 56% of Gen Z professionals prefer using Generative AI over consulting their managers for workplace guidance, highlighting the growing impact of AI in professional environments.
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A new report highlights the growing importance of AI skills in the job market, with both Gen Z and HR professionals acknowledging its impact on salaries and hiring strategies. The study also reveals a significant gap between traditional education and workplace demands.
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A recent Google Workspace survey reveals widespread adoption of AI tools among young professionals, with Gen Z leading the charge in using AI for various work tasks.
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A growing number of Gen Z Americans are opting for trade careers like plumbing and electrical work over traditional college degrees. This shift reflects changing perceptions about the value of higher education and the appeal of skilled trades.
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India's tech industry faces a skills gap as it experiences a job boom. While there's high demand for tech talent, concerns arise about the readiness of the youth workforce for emerging technologies like AI.
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