University of Phoenix College of Doctoral Studies Releases White Paper on Workforce Generational Findings of 2024 Career Optimism Index® Focusing on Needs of Millennials and Gen Z
2024年7月13日 - 9:00PM
ビジネスワイヤ(英語)
Dr. Janice Terrell explores aspects which
influence recruitment and retention of younger generations in the
workforce
University of Phoenix College of Doctoral Studies releases a new
white paper, “Recruiting and Retaining Millennials and Gen Zs in
the Workplace,” authored by Janice Dossey Terrell, Ed.D., faculty
at the College and fellow-in-residence of the Center for
Educational and Instructional Technology Research (CEITR). The
white paper provides insights and explores findings on areas of
workplace concerns from the 2024 Career Optimism Index® study that
can inform strategies for recruitment and retention of younger
workforce members.
Consistent with a recent Deloitte global generational survey,
the Index results indicate more than 60 percent or more of
Millennial and Gen Z respondents need support identifying job
options matching their skills and interests, as well as support
setting career goals. Additionally, the Index found 73 percent of
Millennial and 69 percent of Gen Z workers considered how much a
company invested in reskilling/upskilling when looking for new
opportunities.
“Millennials and Gen Zs wanted purpose-driven work and would
refuse job offers not aligning with their ethics and values,”
states Terrell. “Millennial and Gen Z workers seek positive,
supportive work environments that allow them a healthy work-life
balance as well as opportunities to chart their career path and
gain new skills through learning and development in the
workplace.”
The white paper identifies that the Index highlighted four areas
of concern among Millennial and Gen Z employee respondents: job
match and career support, financial and job security, upskilling
and professional development, and learning preferences. Terrell
explores what this means for and how it should inform efforts of
organizations hiring and retaining these generations: “Millennials
and Gen Zs are self-learners and prefer to access knowledge
digitally. They are comfortable with technology and prefer a
technological approach to learning, such as podcasts, gamified
learning programs, and interactive, self-paced online instructional
applications.”
Terrell is a University of Phoenix doctoral faculty member in
the College of Doctoral Studies and a fellow-in-residence for
CEITR. Additionally, she provides leadership and organizational
research and development private consulting services to for-profit
and non-profit organizations. She has been employed at the
University for 20 years, during which she has instructed
undergraduate and graduate content courses and served as a
dissertation chair and university research methodologist. Terrell
has also received the 2020 Phoenix 500 and 2024 John Sperling
Distinguished Faculty Awards. Her academic career has included
senior administrative and academic leadership and instructional
roles in public and private colleges and universities. She holds
degrees from the University of Central Florida (Ed.D.), the
University of Maine (M.Ed.), and Illinois State University
(B.S.).
The full whitepaper is available on the Research Hub or as a
direct link here.
About University of Phoenix
University of Phoenix innovates to help working adults enhance
their careers and develop skills in a rapidly changing world.
Flexible schedules, relevant courses, interactive learning,
skills-mapped curriculum for our bachelor’s and master’s degree
programs and a Career Services for Life® commitment help students
more effectively pursue career and personal aspirations while
balancing their busy lives. For more information, visit
phoenix.edu.
About the College of Doctoral Studies
University of Phoenix’s College of Doctoral Studies focuses on
today’s challenging business and organizational needs, from
addressing critical social issues to developing solutions to
accelerate community building and industry growth. The College’s
research program is built around the Scholar, Practitioner, Leader
Model which puts students in the center of the Doctoral Education
Ecosystem® with experts, resources and tools to help prepare them
to be a leader in their organization, industry and community.
Through this program, students and researchers work with
organizations to conduct research that can be applied in the
workplace in real time.
About the Career Optimism Index®
The Career Optimism Index® study is one of the most
comprehensive studies of Americans' personal career perceptions to
date. The University of Phoenix Career Institute will conduct this
research annually to provide insights on current workforce trends
and to help identify solutions to support and advance American
careers and create equity in the workplace.
For the fourth annual study, fielded between December 5,
2023-January 2, 2024, surveyed more than 5,000 U.S. adults who
either currently work or wish to be working on how they feel about
their careers at this moment in time, including their concerns,
their challenges, and the degree to which they are optimistic about
their careers. The study was conducted among a nationally
representative, sample of U.S. adults and includes additional
analysis of the workforce in the top twenty DMA markets across the
country to uncover geographic nuances. The study also explores
insights from 501 U.S. employers to provide comparison between the
workforce and those who hire, train, and retain them. Additionally,
for the first time, a statistical modeling analysis was conducted
to illustrate how employers and employees can benefit financially
from investing in career optimism.
A full methodology can be found at
www.phoenix.edu/career-institute.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240713062420/en/
Sharla Hooper University of Phoenix
sharla.hooper@phoenix.edu