Compensation & Benefits Review· 2020Q2
Reward Preferences of the Youngest Generation: Attracting, Recruiting, and Retaining Generation Z into Public Sector Organizations
- 59citations
- Q2SCImago
- 2020year
Short summary
Generation Z prioritizes specific extrinsic and intrinsic rewards, making public sector organizations potentially attractive employers for this cohort.
AI-generated from the title and abstract; the full text is not read.
Key points
- Generation Z's reward preferences are influenced by their background and life experiences.
- Gender plays a role in how Generation Z prioritizes specific rewards.
- Public sector organizations can leverage specific extrinsic and intrinsic rewards to attract and retain Generation Z.
- Understanding Gen Z's priorities is key for effective recruitment and retention strategies.
AI-generated from the title and abstract; the full text is not read.
Abstract
Generation Z is the youngest and newest entrants into the workforce. However, confusion about their characteristics, work values, and reward preferences hinders effort to attract, recruit, and retain this generational cohort into public sector organizations. Accordingly, this study investigates effective reward strategies for recruiting and retaining Generation Z into public sector organizations. I used an evidence-based research approach and an aggregative systematic review as the study methodology. The evidence curated from 32 studies reveals how the background and life experiences of Generation Z influence the importance they assign their work values, reward preferences, and how they prioritize rewards in terms of their employment decisions. Additionally, gender also influenced the importance Gen Z assigned to specific rewards. Overall, Gen Z’s strong attractiveness to specific extrinsic and intrinsic rewards makes public sector organizations a likely employer of choice and offers managers a viable strategy for attracting, recruiting, and retaining the youngest generational workforce.
The authors' abstract, as published at the source. Compensation & Benefits Review, 2020 · DOI ↗
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Field: Life-span and Life-course Studies
Life-span and Life-course StudiesSocial Sciences