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The result may be that Gen Z largely kills off middle management roles for good. AdvertisementIt may even be that Gen Z kills off middle management for good. Success looks different to Gen ZBen Voyer, an ESCP Business School professor and founder of the Gen Z Observatory, told BI that his research showed that "success takes many more different forms" for Gen Z workers. Advertisement"It seems like the employees like to blame the middle managers, and the leadership likes to blame middle managers," she said. AdvertisementKing also agreed that Gen Z rejecting middle management is not because they're work-averse or lazy.
Persons: , Wendy, — millennials, Zers — Wendy, wasn't, Millennials, Gen Zers, Vivian Lynn, dwindles, Z Ben Voyer, Michelle P, Netflix's, it's, King, Morgan Sanner, they're, Sanner, Voyer, there's, Gen, Zers, they'll, haven't, millennials, Lynn, she's Organizations: Service, Business School, Resource Solutions, American Staffing, Harris, Pew Research Center Locations: America
Gen Z workers expect to change careers three times in their lives. It found that 73% of Gen Z are not afraid to take a pay cut to pursue a more fulfilling career. AdvertisementAdvertisementGen Z workers are known for their job-hopping tendencies, and a new survey has found that they expect to change their careers at least three times over their lifetimes. It found that Gen Z plans to switch careers at least three times over their working life, which is once more than any other generation before them. Gen Z are more likely to prioritize their wellbeing and happiness than other generations.
Persons: , Gen, Gen Z, X, Gen X, Kristen Buckheit, Zers, Oliver Wyman, they're, Z, doesn't, Nick Bunker, Jeff Hyman, Rockstars, they've Organizations: Resource Solutions, Service, Solutions, Boomers, Federal Reserve Bank of Atlanta, North America, Indeed's, New York Times Locations: Millennials, Chicago
Robert Walters posts higher profit on strong hiring trends
  + stars: | 2022-10-11 | by ( ) www.reuters.com   time to read: +1 min
Oct 11 (Reuters) - British recruitment firm Robert Walters (RWA.L) on Tuesday reported a 22% jump in its third-quarter gross profit, as hiring stayed robust amid intense competition to fill up vacancies. Register now for FREE unlimited access to Reuters.com RegisterThe company's gross profit rose to 112 million pounds ($123.5 million) for the quarter ended Sept. 30, compared with 91.8 million pounds a year earlier. Its quarterly gross profit for UK, however, fell 6%, owing to more challenging market conditions across technology recruitment and resource solutions. Peers PageGroup (PAGE.L) and Hays (HAYS.L), which have also seen a combination of talent shortages and wage hike leading to sharp increase in their net fees, are expected to report their quarterly results this week. Robert Walters, which forecast its annual profit to be in line with current market expectations, also named Leslie Van de Walle as non-executive chair.
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