509 - The Idealistic Pragmatists
Episode Title: The Idealistic Pragmatists
Idealism and pragmatism may be opposites, but Gen Z is combining them in their quest for meaningful work that still pays the bills. Stay tuned for more, next on The Perna Syndicate.
Ep 509 show:
Hello and welcome to The Perna Syndicate! Younger workers are in a tough spot these days. On one hand, they’re all about purpose and vision, they want to support social and environmental causes, and work for companies that align with their values. But they’re also facing the reality that they need to earn enough to pay the bills.
I think all of this is turning this generation into idealistic pragmatists. Without abandoning their principles, they’re focusing on the bottom line and how they can make their finances work with everything getting more expensive by the day.
Pragmatically, you take the job that pays the best. Idealistically, you take the role that helps you change the world. While these two priorities aren’t always mutually exclusive, some Gen Z workers may find themselves having to choose.
One thing is clear: if they do pick pay over purpose in their work, it won’t be forever. The recent study by Deloitte notes that while social causes, environmental impact, and diversity and inclusion are not always at the top of the list when Gen Z chooses a job, these things matter hugely in terms of retention.
Idealistic pragmatism is a fine line to walk, but Gen Z doesn’t really see another option right now.
On the next episode of The Perna Syndicate: is Gen Z really so different from the rest of us weathering this economic storm? Let’s wrap up our week with some thoughts on that question. See you then!