More than 50% of Gen Z and Millennials are quitting jobs for reasons unimaginable few decades ago

The world has undoubtedly transformed over the many years but not all has been for the better. Global warming, climate change and unhealthy lifestyles have become a bane to living. Many similar aspects negatively impact the younger generations. Youths are planning on quitting workplaces due to the anxiety and emotional toll on their health, per ESG news. Deloitte surveyed millennials and Gen Zs and realized that the groups are witnessing miserable working experiences. The survey considered the financial insecurity of the people and the climate change that is altogether affecting their health.

Elizabeth Gaber, Deloitte’s Chief Global People and Purpose Officer said, “This year’s survey spotlights two generations who are grappling with financial insecurity, high stress levels and mounting climate anxiety. They are also considering how rapidly evolving technology, like GenAI, will impact their jobs and their longer-term career decisions.” To begin with, the cost of living is over the roof and with the economic conditions, youths are barely able to cope. The report revealed that over 55% of Gen Z and millennials are living by making ends meet. This has destroyed their financial security, adding to their overall stress and anxiety. There is hope for the future only through the generations' careful consideration of the choice of workplace.

The survey added that over 80% of both groups believe that the key to change is opting for healthy workplaces. Employees are choosing spaces where health, ethics and other factors are prioritized along with work. Right from inclusivity to environmental-friendly workplaces, workers are ensuring they reject companies against the same. The growing trend has been functioning with two ideas in mind. These are the belief that companies have vast potential to be a source of change and that they can influence mental health and sustainable living. Many Gen Zs and millennials are rooting for climate change and urging workplaces to take a stance on the same.

Titling it “Ecoanxiety,” employees refuse to work in spaces that show no environmental or social responsibility. Many managers and employers are also taking one step further to assist in this mission. Sports apparel Patagonia's founder, Yvon Chouinard donated his entire company towards the eco-friendly cause. Sharing a post on X, the family revealed that they will be donating all the proceeds of the company towards action in climate change. "Hey, friends, we just gave our company to planet Earth. Okay, it’s more nuanced than that, but we’re closed today to celebrate this new plan to save our one and only home," the post read.

In a thread, they added, "Instead of 'going public,' you could say we’re 'going purpose.' Instead of extracting value from nature and transforming it into wealth for investors, we’ll use the wealth Patagonia creates to protect the source of all wealth." “As of now, Earth is our only shareholder," the company announced in a letter from the CEO. According to the statement, the remaining 98% of the company's shares will be donated to a charity named the Holdfast Collective, which “will use every dollar received to fight the environmental crisis, protect nature and biodiversity, and support thriving communities, as quickly as possible.”