Attitude of the younger generation and perception on job security


While the the Employees Provident Fund (EPF) is worried that Malaysians might not have enough to retire due to wage and inflation issues, as well as unemployment, especially among young people, some Gen Zers think otherwise.

KUALA LUMPUR: Job and finance are the two important things in life that move in a parallel motion.According to the South-East Asia Game Industry Report 2021, game revenue in Malaysia is projected to reach over US$402mil (RM1.7bil) in 2021, driven by its diverse pool of talents and original ideas with the unique ecosystem.

Besides esports, the younger generation is also into creative content creation which could generate an “interesting” sum of income based on the views and shares they obtained on their social media, according to Bernama.

While new jobs will easily be filled by eager people, companies are now facing “the great resignation” period and the new openings for fresh graduates were not met with enthusiasm as expected.

While human resource managers find it difficult to secure the talents needed as the majority of the younger generation demand flexible hours and hybrid working. Some had resigned when they were instructed to return to the office to work.

“The Employees Provident Fund is a good avenue for savings, especially with contributions from employers, but I don’t see myself working for people, committing long hours and sacrificing my mental health for it. I can do better on my own,” said Sharifah Nur Amalina Syed Khairuddin, 23, who sees herself as a working nomad.

The finance graduate said after completing her internship with a global bank, she feels that she does not fit into the lifestyle.

“I can make thousands a day via stocks and crypto currency. I plan my finance based on five categories: emergency cash, stocks, gold, crypto and property,” she said.

Will we run out of manpower or do companies have to shift their policies to attract and retain these talents?

While the the Employees Provident Fund (EPF) is worried that Malaysians might not have enough to retire due to wage and inflation issues, as well as unemployment, especially among young people, some Gen Zers think otherwise.

“The EPF is a good avenue for savings, especially with contributions from employers, but I don’t see myself working for people, committing long hours and sacrificing my mental health for it. I can do better on my own,” said Sharifah Nur Amalina Syed Khairuddin, 23, who sees herself as a working nomad.

The finance graduate said after completing her internship with a global bank, she feels that she does not fit into the lifestyle.

“I can make thousands a day via stocks and crypto currency. I plan my finance based on five categories, emergency cash, stocks, gold, crypto and property,” she said.

While the older generation might be worried about their children or grandchildren’s choice of career or approach to work today, what can we learn from this scenario to make us understand them better?

Or, would we face another outflow of creative talents in the near future as the younger generation choose to disrupt the traditional ways of working?

-- BERNAMA

TAGS: job security, content creator, influencer, MYDCF 2021, 4IR, 5G

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