Page 53 - Appreciating Organization's Biggest Assets

to study on their own. They also technically inclined and prefers to
respect abilities that are appreciated, work in an organisation that tries
have a long-term focus, and are to encourage the use of technology
self-starters. Their expectations in the workplace. They are those
differ greatly from those of past employees who will put their needs
generations because of their over organisations need and are job
distinctive qualities. The current hoppers if they are not appreciated
study contrasts the pay structures or gets better opportunity in
of Gen Z and Gen Y considering market. This generation believes
current business practises. in experience and thinks it’s the
There is a contractual relationship biggest advantage. Experience from
between an employer and an past jobs helps in future that means
employee at work, where the learnings matters the most. This
employee expects results from Gen Y always keeps their personal
their work or service to meet their life on a high priority and balance
needs or requirements and receives it with work. They say we “work
recognition up until association to live and not live to work”. This
with the organisation, and the generation also believes that there
employer expects loyalty, hard are other necessities that they would
work, and dedication from the rather meet than a high salary. The
employee up until association. shift of employee’s expectation
More expectations have been raised of Gen Y and Gen Z due to rising
because of the most recent company inflation, improving lifestyle,
changes to its organisational increase in need of growth in terms
structure and method of operation, of career and increase in emphasis
including characteristics like on learning or improving skills.
employment instability and a The major shift of pay structure
dynamic workforce. The internet in the service sector is because of
and technology have been a blessing increase in technology. This case
for the Generation Z generation. study compares the compensation
and benefits of Gen Z and Gen Y
GenY being an older generation employees in service sector.
they work in a traditional
manner and have a very different Objectives
expectations from their employer. 1. To study the pay structure of
Employees ages in the workplace Gen Z.
are becoming more diverse 2. To study the pay structure of
nowadays. Gen Y are described as Gen Y.

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