If you want to retain your Gen Z employees, you may want to give them more frequent feedback on their work. That's one of the findings of a recent survey conducted by StaffCircle, a leading HR consulting firm.
The survey, which polled over 2,000 Gen Z workers across various industries, revealed that 76% of them prefer to receive performance reviews at least once a month, compared to 58% of millennials and 45% of Gen Xers. Moreover, 64% of Gen Z respondents said they would consider quitting their job if they did not receive regular feedback from their managers.
Why is feedback so important for Gen Z? According to the survey report, this generation grew up in a digital age where they are used to instant gratification and constant communication. They value transparency, honesty and recognition from their employers, and they want to know how they are doing and how they can improve. They also seek opportunities for learning and development, and they expect their managers to provide them with clear goals and guidance.
The survey report suggests some best practices for giving feedback to Gen Z employees, such as:
- Use a variety of channels, such as face-to-face meetings, phone calls, emails and instant messages, to communicate with them regularly and effectively.
- Be specific, constructive and positive when giving feedback, and avoid vague or generic comments that do not help them grow.
- Recognize their achievements and contributions, and celebrate their successes with rewards and recognition programs.
- Provide them with coaching and mentoring, and offer them access to training and development resources that suit their learning styles and preferences.
- Involve them in decision-making processes, and solicit their feedback and opinions on matters that affect them and the organization.
By giving Gen Z employees regular performance reviews, you can not only boost their engagement and retention, but also enhance their productivity and performance. You can also foster a culture of feedback in your organization, where everyone can benefit from continuous learning and improvement.
View more of our
A new legal challenge could expose UK employers to the risk of being sued for tax evasion by umbrella companies