Now in its 14th year, Deloitte’s Gen Z and Millennial Survey surveyed 23,000+ respondents across 44 countries to explore their perspectives, experiences, and career ambitions.
The results reveal that these generations prioritise career progression and learning, but climbing the corporate ladder is not the end goal. Some are questioning the value of higher education. And, as technology like GenAI continues to transform the world of work, they expect their employers and managers to do more to help them grow. These generations are seeking more than just a job—making money is important, but so is finding meaningful work and wellbeing. They are looking for careers with the right balance of these factors, a "trifecta" that can be hard to find.
Over 800 Australian Gen Z and millennial respondents were surveyed with the findings revealing the forces shaping their careers, values, and ambitions. The findings show these two generations are facing significant economic pressures, navigating rapid technological change, and demanding more from their employers.
These two generations are not just filling jobs but redefining them by shaping their aspirations. Projected to make up 74% of the global workforce by 2030, Australian Gen Z and millennials are reevaluating success in the workplace. It's no longer just about titles or salary but aligning with personal values and contributing to a sustainable, purpose-driven future.
As the world of work shifts rapidly, the report explores how organisations, senior leaders, and managers, can support Gen Zs and millennials in the workforce while advancing their organisations.