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Values of Young Employees: Z-Generation Perception

Business: Theory and Practice

Abstract

The current paper aims to analyse the importance of values of young employees now and in five years period. In order to achieve the aim, the questionnaire consisting of fifty statements was developed and disseminated between the Latvian students. The sample size was 392, which shows that the results represent the whole populations. For data processing, factor analysis was chosen as a tool. The data factorability was assessed via Bartlett’s Test of Sphericity, Kaiser-Myer-Olkin (KMO) statistic, initial estimates of communality and the anti-image correlation matrix. The factors were extracted via principal axis factoring (PAF). The number of factors was determined by the scree plot/Kaiser’s rule and was equal to five in both cases. The results showed the for the young employees the essential values today are those connected to the personality trait. However, in five years, the essential values would be those that are linked to professional development.

Key takeaways

  • The idea of the current research emerged due to the lack of the studies, analysing the Z-Generation employees' values, and the personal engagement of the authors into the study process within management programmes.
  • While existing studies are oriented towards concluding Z-Generation's behaviour based on comparisons to previous generations, in this paper, we undertake a different approach and assess Z-Generation from their views on their current state and desired future.
  • After the questionnaire development, the method of the respondents' view assessment had to be chosen.
  • Factor analysis of Q1 data.
  • The current study aimed to explore which values are essential for the young employees, representing Z-generation, at the current moment and in five years time period.