What does Gen Z’s ideal workplace look like?

29
Sep
2020
News - What does Gen Z’s ideal workplace look like? #Cushman&Wakefield #Gen Z #office #Poland #report #workplace

by Property Forum | Report

Members of Generation Z have been shaped by a number of social, economic and technological factors and developments taking place during their formative years. How do they differ from previous generations? What are the challenges associated with Zoomers’ entering the workforce? A new report by Cushman & Wakefield and Antal tried to answer these questions.


Generation Z is defined as people born between 1995 and 2005. The Polish Statistical Office estimates its population in Poland at 4.2 million, 31% less than the population of Generation Y, a demographic cohort of those born between 1984 and 1994. This also translates into fewer graduates of universities, especially economic schools. Compared to previous generations, members of Generation Z are more interested in technical education, which may indicate changing preferences of young people who are looking for stable employment in sectors identified as the most promising. They are now taking the first steps on career paths. According to ABSL’s data, Poland’s business services sector has a combined headcount of over 338,000, of which 19.7% are below 26 years of age. This is the third-largest age group of employees in this sector.

The workplace of Zoomers

The youngest generation on the labour market are opting for a model combining office and remote work, reveals the report from Cushman & Wakefield. This form of employment is preferred by 61% of survey respondents. The full-time remote model was the least popular option and favoured by only 13% of the respondents; and according to the global report The Future of Workplace, 70% of Gen Z report challenges in working from home.

“A substantial majority of respondents are willing to embrace a hybrid model combining office and remote work. One reason for the limited interest in working remotely could be that Generation Z is a social group that suffered the most during the compulsory work from home period compared to older generations. The most common inconveniences of such work cited by Zoomers included the limited possibility of learning from more experienced colleagues and the lack of a comfortable workspace at home. In addition, social bonding with colleagues suffers from remote working, which has a direct impact on the corporate atmosphere, one of the key features of an ideal work environment according to Gen Z,” says Katarzyna Lipka, Head of Consulting & Research, Cushman & Wakefield.

“Generation Z also expect instant feedback which they can get more easily when working in the same room. They are used to dual communication – via online channels on the one hand, and through strong interpersonal relationships on the other. As they are just entering the workforce, they are particularly interested in getting to know the organisational culture,” adds Agnieszka Wójcik, Market Research Manager, Antal.

Nearly 60% of Gen Z respondents would like to work in modern office buildings, followed by small-scale buildings, tenement houses or apartments. Despite this, the key location favoured by members of Generation Z is the city core and the main factor in the choice of workplace is the commute time.

The dream workplace is defined by Generation Z as space where - before anything else - they can gain new experience, develop skills and enjoy a good atmosphere that fosters relationship building. However, they want to have a dedicated desk and prefer individual to teamwork.

“Interestingly, Zoomers dislike hot-desking and would like to have their ‘own piece of floor’ near their dedicated desk or private office. Remember, we are talking about people who are benefitting the most from the sharing economy as regards, for example, flat, car, bike or e-scooter sharing. This is all the more intriguing given the preference of Gen Z for the hybrid model (61%), which would mean between one and three days of remote working. From the employer’s perspective, it would mean that a desk would remain vacant for 20-60% of working hours, or even longer if holidays, sick leave, training or business trips are added. Many organisations are therefore faced with an extremely important challenge of employee education, especially if they want to optimize space occupancy by creating a more flexible work environment, and thereby adjusting the number of desks to their actual needs,” comments Aleksander Szybilski, Head of Workplace Strategy, Cushman & Wakefield.

“An office built to meet the needs of Generation Z should reflect the organisational culture which offers high quality, is based on trust and mutual respect and where the possibility of regular interaction with colleagues and competent superiors is the greatest benefit and incentive to work,” says Anna Trochim, Country HR Manager, Cushman & Wakefield.




Latest news


New leases

  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.
  • Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.


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