TimStatingtheObvious

In our previous episode, we delved into the 2023 Deloitte Gen Z and Millennial Survey Report, which unveiled these generations' expectations from businesses. Today, we're shifting our focus to explore their financial concerns, as revealed by the same report. Interestingly, both Gen Z and Millennials share a common concern: the escalating cost of living. However, their priorities begin to diverge here. Gen Z is particularly worried about unemployment, climate change, the mental health of their generation, and personal safety issues. On the other hand, Millennials emphasize climate change, unemployment, healthcare and disease prevention, and personal safety. A remarkable revelation is that Gen Z displays a relatively more optimistic outlook regarding their financial futures compared to their Millennial counterparts. Paradoxically, over half of both Gen Z and Millennials find themselves living paycheck to paycheck, marking an increase since the 2022 study. This surge can be attributed to the record-breaking inflation rates observed over the past four decades. Additionally, the growth of part-time employment stems from businesses adapting to higher wage and benefit costs, leading to a rise in part-time workforce. It's important to note that this trend isn't necessarily a sign of disengagement; rather, people are searching for better-paying opportunities. In this context, Employee Engagement emerges as a significant factor. Finding a middle ground concerning wages, benefits, and job satisfaction could potentially extend the tenure of Gen Z and Millennials within organizations. The demand for higher wages, driven by the surge in inflation, prompts these generations to seek supplemental income streams. Leveraging social media platforms, they engage in online commerce, offering products and services or participating in activities such as food delivery and ride-sharing. Many become Uber, Lyft, or Uber Eats drivers, illustrating diverse motivations ranging from monetary gains to the monetization of hobbies. Notably, 46% of Gen Z and 37% of Millennials have embraced additional part-time or full-time jobs alongside their primary employment, indicating a 3% rise for Gen Z and a 4% increase for Millennials since the previous year. In a larger context, as the largest generation in the workforce approaches retirement, they're also grappling with the caregiving responsibilities that come with aging relatives. A heartening trend emerges – this generation is choosing to personally care for their elderly family members, reflecting their values and compassion. Amidst the backdrop of rising inflation, the burden of caregiving, and the pursuit of supplementary income, Gen Z and Millennials are adapting their lifestyles. This adaptation includes an increase in second-hand clothing stores, a shift towards public transportation to save on gas and car expenses, and alterations in dietary habits. Given the financial uncertainties they face, these generations find planning for their futures an arduous task. #genz #millennials #financialfreedom #financialindependence

Source: https://www.podbean.com/eau/pb-td5dn-145165a Hey and welcome back to another episode! In the last episode, we talked about conflict management in the work environment. In this episode, we are going to talk about my perspective on the global workplace 2023 report. This is the first part of a miniseries and this episode is centered around Employee Engagement. This is a dynamic series that explores the significance of fostering a positive and motivated workforce. NEW Website: timstatingtheobvious.com Social Interaction Platforms: Facebook - https://www.facebook.com/timstatingtheobvious Youtube: https://www.youtube.com/channel/UCHfDcITKUdniO8R3RP0lvdw Instagram: @TimStating Tiktok: @timstatingtheobvious Twitter: @TimStating

Source: https://www.podbean.com/eau/pb-rhryz-1448cc4 In the last episode, we talked about trends of trust when it comes to leadership and management in the U.S. workforce. In this episode, we are going to talk about conflict management in the work environment. Before we dive into this episode, I'd like to inform you that our website, Timstatingtheobvious.com, is now live. Here, you can find more details about our podcast, YouTube channel, and catch a glimpse of our Instagram account. Additionally, we have two other noteworthy sections. First, we publish bi-weekly blog posts, bridging the gap between episodes by offering quick 2-3 minute reads. Second, we've curated a collection of recommended professional reading materials. The list showcases book covers and provides brief synopses. Should you wish to purchase any of these books, we've included convenient links to Amazon for adding them to your cart. You can find the website link in the episode's description below. NEW WEBSITE: timstatingtheobvious.com Social Interaction Platforms: Facebook - https://www.facebook.com/timstatingtheobvious Youtube: https://www.youtube.com/channel/UCHfDcITKUdniO8R3RP0lvdw Instagram: @TimStating Tiktok: @timstatingtheobvious Twitter: @TimStating

Source: https://www.podbean.com/eau/pb-zs94e-142f238 In this episode, we are going to be talking about trends of trust when it comes to leadership and management in the U.S. workforce. This is based on the perceptions of workers have of their leadership and management. According to Gallup, Employee Perceptions of Leadership Matter when it comes to trust, compassion, stability and hope - these are the four most important traits that followers, including employees, need leaders to exhibit. When leaders fulfill the needs of employees in the workplace, it increases their sense of involvement, resulting in increased employee engagement and improved job performance along with business outcomes. For example, employees who strongly agree they trust the leadership of their organization are four times as likely to be engaged. #bealeaderworthtrusting #leadershipvsmanagement #leadershipprinciples Social Interaction Platforms: Facebook - https://www.facebook.com/timstatingtheobvious Youtube: https://www.youtube.com/channel/UCHfDcITKUdniO8R3RP0lvdw Instagram: @TimStating Tiktok: @timstatingtheobvious Twitter: @TimStating

When someone says that something is inevitable this means that something is being planned or events are set in motion to have something happened. Are you ready for what is being planned next? Sources: 1. https://www.weforum.org/videos/davos-annual-meeting-2022-global-cybersecurity-outlook-original 2. https://www.weforum.org/videos/a-cyber-attack-with-covid-like-characteristics