Nearly half of Generation Z workers would take a pay cut if it meant more opportunities for upward mobility, according to a May 8 LinkedIn News post.
LinkedIn surveyed 4,060 U.S. professionals between March 22 and April 18. Across generations, fewer than 3 in 10 said they would accept a pay cut for more advancement opportunities.
Several hospital and health system executives recently told Becker’s that Gen Z has a strong interest in early career development and seeks to build career paths early. This has led some health systems to create initiatives that allow early-career employees to explore leadership development.
The survey also found some younger workers are willing to take a pay cut for more workplace flexibility, with 38% of both Gen Z and Millennial respondents agreeing, compared to 32% across generations.
Slightly fewer Gen Z and Millennial employees said they would accept less pay if it meant their company were better aligned with their values.