Dreamplex & Decision Lab - Attract & Retain Gen Z in Vietnam
Dreamplex & Decision Lab - Attract & Retain Gen Z in Vietnam
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Our research question
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Our finding
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Building a
competitive The Workplace
workplace Where they do it
for Gen Z
means
rethinking The Job The Ways of
3 main What they do Working
and why How they do it
components
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The Job What they do and why
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Attract & Retain Gen Z in Vietnam > The Job
Dreamplex & Decision Lab, “Attract & Retain Gen Z in Vietnam,” November 2020. Q: What industry do you want to work in? N=260
Attract & Retain Gen Z in Vietnam > The Job
Digiday, “‘Every kid wants to be an influencer’: Why TikTok is taking off with Gen Z,” February 2020;
Decision Lab, “The Connected Consumer, 1st quarter of 2020,” April 2020
Attract & Retain Gen Z in Vietnam > The Job
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Attract & Retain Gen Z in Vietnam > The Job
Universum Global, “Generation Z Grows Up,” 2017; Dreamplex & Decision Lab, “Attract & Retain Gen Z in Vietnam,” November 2020.
Q: Do you make a side business out of your hobby? N=260
The Job Motivation
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Attract & Retain Gen Z in Vietnam > The Job > Motivation
Dreamplex & Decision Lab, “Attract & Retain Gen Z in Vietnam,” November 2020. Q: What is the most exciting aspect of a new job? N=260
Attract & Retain Gen Z in Vietnam > The Job > Motivation
Dreamplex & Decision Lab, “Attract & Retain Gen Z in Vietnam,” November 2020. Q: What is the most exciting aspect of a new job? N=260
Attract & Retain Gen Z in Vietnam > The Job > Motivation
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Attract & Retain Gen Z in Vietnam > The Job > Motivation
To stay motivated,
salary and benefits
are still important for
Gen Z, though self and
professional
development are a
close second…
When it comes to ongoing job motivation,
income and benefits rank highest even for Gen
Z. Self- and professional development is still the
largest job motivation for 1 in 3 Gen Z-ers.
Dreamplex & Decision Lab, “Attract & Retain Gen Z in Vietnam,” November 2020. Q: What is your biggest job motivation? N=260
Attract & Retain Gen Z in Vietnam > The Job > Motivation
Gen Z # Gen Y #
… and the importance of income
and benefits is measurably less
Self/Professional
2 2 26%
Development than for Millennials
Climbing the
3 3 12% It’s especially the differences Income and benefits, while the
Corporate Ladder
between Gen Z and Millennials is number one motivation for both
striking here. For Gen Z, self groups, is 14% less important
Income and
1 1 -14% development and professional for Gen Z compared to
Benefits
development is 26% more Millennials.
important than for Millennials.
Dreamplex & Decision Lab, “Attract & Retain Gen Z in Vietnam,” November 2020. Q: What is the most exciting aspect of a new job? N=260
Attract & Retain Gen Z in Vietnam > The Job > Motivation
No room for
development is also
the key reason to burn
out at work; Gen Z
wants to keep growing
Another crucial difference between the two
generations is that Gen Z wants to keep
growing: 57% of all Gen Z’ers agree that “no
room for development” is the key reason for
them to burn out.
Dreamplex & Decision Lab, “Attract & Retain Gen Z in Vietnam,” November 2020. Q: What might make you tired or burn out? N=260
Attract & Retain Gen Z in Vietnam > The Job > Motivation
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The Job Learning & Development
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Attract & Retain Gen Z in Vietnam > The Job > Learning & Development
Fulbright University Vietnam and the American Chamber of Commerce Vietnam, “Employer Skills Gap in Vietnam,” June 2020; Dreamplex & Decision Lab,
“Attract & Retain Gen Z in Vietnam,” November 2020. Q: What do you expect to receive from the company during your first month on the job? &
What do you expect to receive from the company during your first year on the job?; N=260
Attract & Retain Gen Z in Vietnam > The Job > Learning & Development
Dreamplex & Decision Lab, “Attract & Retain Gen Z in Vietnam,” November 2020. Q: Which of the following skills would you most like to learn? N=260
The Job Purpose
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Attract & Retain Gen Z in Vietnam > The Job > Purpose
1. Recycling &
2. COVID-19 3. Safety/Robbery
Environmental
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Attract & Retain Gen Z in Vietnam > The Job > Purpose
Compared to Gen Y,
they care more about
almost every single
topic; especially those
around equality.
And while Vietnamese Gen Z generally cares
about the same topics as Millennials, what is
remarkable is that they care more about every
single one of them: out of the 15 suggested
topics, Gen Z cares more about a given topic
by a factor of 12.
Dreamplex & Decision Lab, “Attract & Retain Gen Z in Vietnam,” November 2020. Q: Which of the following social issues below are you concerned about? N=260
Attract & Retain Gen Z in Vietnam > The Job > Purpose
Gen Z # Gen Y #
Dreamplex & Decision Lab, “Attract & Retain Gen Z in Vietnam,” November 2020. Q: Which of the following social issues below are you concerned about? N=260
Attract & Retain Gen Z in Vietnam > The Job > Purpose
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Ways of Working
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Attract & Retain Gen Z in Vietnam > Ways of Working
Dreamplex & Decision Lab, “Attract & Retain Gen Z in Vietnam,” November 2020. Q: What's your preferred communication method with your work colleagues? N=260
Attract & Retain Gen Z in Vietnam > Ways of Working
Communication by
Instant Messaging is by
far the most preferred way
to communicate at work
Communication by Instant Messaging (IM) is by far the
most preferred way of keeping communication flowing in
the office: 63% of all respondents in our study said they
prefer to talk to their colleagues on IM.
If you personally prefer video calls, you might have better luck
with Millennials: 10% of them chose this method of
communication, compared with 6.9% of Gen Z’ers. Millennials
are also more in favor of email (9% of Millennials vs. 7.5% for
Gen Z) and in-person conversations (11.3% vs. 8%.)
Dreamplex & Decision Lab, “Attract & Retain Gen Z in Vietnam,” November 2020. Q: What's your preferred communication method with your work colleagues? N=260
Attract & Retain Gen Z in Vietnam > Ways of Working
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Attract & Retain Gen Z in Vietnam > Ways of Working
Dreamplex & Decision Lab, “Attract & Retain Gen Z in Vietnam,” November 2020. Q: How do you describe your working style? N=260
Attract & Retain Gen Z in Vietnam > Ways of Working
Especially compared
to Millennials,
working alone is
popular with Gen Z
Working in groups, in person, is popular with
Vietnamese Gen Z. Asked to describe their
working style, 52% of them named it as their
most preferred way of working. However, it’s
less popular than with Millennials (59%.)
Dreamplex & Decision Lab, “Attract & Retain Gen Z in Vietnam,” November 2020. Q: How do you describe your working style? N=260
Attract & Retain Gen Z in Vietnam > Ways of Working
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Attract & Retain Gen Z in Vietnam > Ways of Working
Dreamplex & Decision Lab, “Attract & Retain Gen Z in Vietnam,” November 2020. Q: Your manager just gave you a new project. How would you approach this initially? N=260
Attract & Retain Gen Z in Vietnam > Ways of Working
Dreamplex & Decision Lab, “Attract & Retain Gen Z in Vietnam,” November 2020. Q: How often do you want your manager to give you feedback on your ongoing work? N=260
Attract & Retain Gen Z in Vietnam > Ways of Working
Dreamplex & Decision Lab, “Attract & Retain Gen Z in Vietnam,” November 2020. Q: How often do you want your manager to give you feedback on your ongoing work? N=260
Attract & Retain Gen Z in Vietnam > Ways of Working
Dreamplex & Decision Lab, “Attract & Retain Gen Z in Vietnam,” November 2020. Q: What is the least exciting aspect of a new job? N=260
The Workplace Physical Office
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Attract & Retain Gen Z in Vietnam > The Workplace > Physical Office
2. Professional 4. Creative
Dreamplex & Decision Lab, “Attract & Retain Gen Z in Vietnam,” November 2020. Q: What words below describe your ideal workplace? N=260
Attract & Retain Gen Z in Vietnam > The Workplace > Physical Office
Dreamplex & Decision Lab, “Attract & Retain Gen Z in Vietnam,” November 2020. Q: What words below describe your ideal workplace? N=260
Attract & Retain Gen Z in Vietnam > The Workplace > Physical Office
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Attract & Retain Gen Z in Vietnam > The Workplace > Physical Office
Dreamplex & Decision Lab, “Attract & Retain Gen Z in Vietnam,” November 2020. Q: What words below describe your ideal workplace? N=260
Attract & Retain Gen Z in Vietnam > The Workplace > Physical Office
2. Relaxing 4. Creative
+ 30% + 17%
Indicate percentage of
over-index for Gen Z
compared to Gen Y
Dreamplex & Decision Lab, “Attract & Retain Gen Z in Vietnam,” November 2020. Q: What words below describe your ideal workplace? N=260
Attract & Retain Gen Z in Vietnam > The Workplace > Physical Office
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Attract & Retain Gen Z in Vietnam > The Workplace > Physical Office
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The Workplace F&B
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Attract & Retain Gen Z in Vietnam > The Workplace > F&B
40%
This could simply be a snack shelf in the
pantry, or more elaborate options like a
cafeteria or catered food.
Dreamplex & Decision Lab, “Attract & Retain Gen Z in Vietnam,” November 2020. Q: What amenities would you like to have at your workplace? N=260
Attract & Retain Gen Z in Vietnam > The Workplace > F&B
Dreamplex & Decision Lab, “Attract & Retain Gen Z in Vietnam,” November 2020. Q: What amenities would you like to have at your workplace? N=260
Attract & Retain Gen Z in Vietnam > The Workplace > F&B
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The Workplace Wellbeing
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Attract & Retain Gen Z in Vietnam > The Workplace > Wellbeing
Dreamplex & Decision Lab, “Attract & Retain Gen Z in Vietnam,” November 2020. Q: What might make you tired or burnt out? N=260
Attract & Retain Gen Z in Vietnam > The Workplace > Wellbeing
58%
While sleeping in the office is
already a known behavior in The positive benefits of this
Vietnam, many offices don’t yet have been proven countless
offer a dedicated napping space. times, recently in a Harvard
study that examined 10 high-
wants lots of green and As Deloitte states, “Sleep is the
ultimate performance enhancer.”
performing buildings to
understand the relationship
natural air in their working It’s so important in fact, that
some companies like Aetna even
between employee wellbeing
and business results, and the
space pay their employees for coming
to work well-rested.
role of a greener environment
in this.
Dreamplex & Decision Lab, “Attract & Retain Gen Z in Vietnam,” November 2020. Q: What amenities would you like to have at your workplace? N=260;
Deloitte Insights, “The impact of sleep on employee performance,” February 2019; Harvard T.H. Chan School of Public Health's Center,
“The impact of green buildings on cognitive functions,” October 2015.
Attract & Retain Gen Z in Vietnam > The Workplace > Wellbeing
Dreamplex & Decision Lab, “Attract & Retain Gen Z in Vietnam,” November 2020 Q: What might make you tired or burnt out? N=260
Personalization & Choice
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Attract & Retain Gen Z in Vietnam > Personalization & Choice
in a workplace that
works for Gen Z. “Growing up” with super apps like patterns and predict what your next
order will likely be, in the same way that
Grab has made it that Gen Z expects
to have a world of choice at their it has reduced the process of booking a
Even though there are many similarities ride to just a few taps. All this makes it
fingertips. Whatever craving they may
highlighted in this study, gen Z, like any group have, simply opening the app is enough even more of a rub when (digital)
of people is as diverse as they are similar. to satisfy craving. And what’s more, the workplace experiences are slow,
app cleverly uses data to recognize generic, and always the same.
Whether it’s their office design preferences, what
fuels their sense of purpose or what
achievements are meaningful to them, the
insights in this paper should not prevent These delivery apps, that now also snack or meal you want, and just
employers from getting to know the individual, another 20 minutes or so to receive it,
include Baemin, Gojek, Foody, and
as well as the group at large. why is the workplace still acting like it’s
others, have further doubled down
on Gen Z’s expectation of 5 years ago?
This is especially important with Gen Z because
they have grown used to getting what they want, immediacy. If it takes only a few
when they want it – all tailored to their unique minutes to place an order for whatever
personality, preferences, and wants and needs in
that moment.
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Attract & Retain Gen Z in Vietnam > Personalization & Choice
Dreamplex & Decision Lab, “Attract & Retain Gen Z in Vietnam,” November 2020 Q: What do you think is the biggest pros of working from home? N=260
Attract & Retain Gen Z in Vietnam > Personalization & Choice
Navigos Search, “Recruiting trends 2020: Ways to find talented senior employees,” November 2019; Cushman & Wakefield, “Leveraging Data to Reimagine How and Where The World
Will Work,” June 2020; Dreamplex & Decision Lab, “Attract & Retain Gen Z in Vietnam,” November 2020. Q: What do you think is the biggest cons of working from home? N=260
Attract & Retain Gen Z in Vietnam > Personalization & Choice
the best of both And they could satisfy the 1 in 4 Gen Z-ers who They can do all this without sacrificing a great
say that having no commute is what they love office to work from for all the other days. A place
worlds. most about working from home by letting them
choose where to work, at least some days of the
without distractions, or need for additional
disciple.
week.
Dreamplex & Decision Lab, “Attract & Retain Gen Z in Vietnam,” November 2020. Q: What do you think is the biggest pros of working from home? N=260
Attract & Retain Gen Z in Vietnam > Personalization & Choice
Dreamplex & Decision Lab, “Attract & Retain Gen Z in Vietnam,” November 2020 Q: What do you think is the biggest pros of working from home? N=260
Attract & Retain Gen Z in Vietnam > Personalization & Choice
Speaking of commutes,
smart companies now
decentralize, allowing
them to bring work to
people, rather than
bringing people to work
Recent data from CBRE shows that
companies in Ho Chi Minh City are
increasingly starting to move out of the
Central Business District in favor of
decentralized office buildings in more
residential areas.
This creates an
opportunity to offer
choice in where
employees work and for
what reason.
In Cushman & Wakefield’s recent
whitepaper “Leveraging Data to
Reimagine How and Where The World
Will Work,” a vision is presented that
shows how creating a network of places
and spaces to work allows companies to
offer total flexibility to their employees.
Cushman & Wakefield, “Leveraging Data to Reimagine How and Where The World Will Work,” June 2020
Attract & Retain Gen Z in Vietnam > Personalization & Choice
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Attract & Retain Gen Z in Vietnam > Personalization & Choice
CBRE, “Workforce Sentiment Survey,” September 2020 Q: “When the COVID crisis is over, what are the primary reasons you would come to the office” (average)
The Gen Z checklist
October 2020 67
Are you ready for the Gen Z workplace of the future?
Start with this simple checklist.
The Job The Ways of Working The Workplace
❏ Allow for creativity, content creation, and ❏ Communicate with them over IM when and ❏ Make sure their office is comfortable,
entrepreneurship where possible professional, modern, creative and playful –
❏ Ensure that pay is competitive, but keep a ❏ Allow them to work both in groups in- a place they love to go, not have to go to
close eye on opportunities for them to person and independently ❏ Create different kinds of spaces to cater to
learn, grow, and discover themselves when ❏ Let them take charge after briefing them on different personality types and jobs/tasks
creating and communicating jobs to Gen Z a new project, supporting them once they ❏ Include quiet and focused space for when
❏ Focus on job skills when they start, and on have done some initial research and come they work alone
industry knowledge later with questions ❏ Create spaces that are perfect for creating
❏ Stay close to them and help them ❏ Give them (very) frequent feedback to allow content and letting them show off their
continuously develop on the job them to continuously learn on the job workspace with pride
❏ Start your (updated) training & ❏ Take another look at your onboarding ❏ Continuously decorate the physical work
development program with communication program: too much onboarding paperwork environment to give them the inspiration
& networking skills is the least exciting aspect of a new job for and tools to keep creating great content
❏ Create and sustain meaning by Gen Z ❏ Provide proper F&B options, from snack
understanding that they care, and what shelf to on-site cafeteria
they care about ❏ Design the space for mental and physical
wellbeing
October 2020 69
About the Study
“Companies don’t want offices –– they
just want productive workforces.” This
quote from Antony Slumbers, a real
estate strategist in the UK, says it all.
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About Dreamplex:
The Dreamplex
delivering the flexible The Dreamplex platform
combines well-designed experience includes:
workplace experience of private, branded offices
for up to 200 people with Branded private offices Online Member
the future. In an increasingly
an engaging program of
social activities, training &
for up to 200 people
collaboratively designed
Community and a
dedicated Mobile App
competitive job market development, and
organizations need to wellbeing initiatives. Hospitality-level care Dreamplex Work.Well:
offer more flexible, from our dedicated Health Talks, Yoga &
attractive, collaborative, This allows forward- Member Experience team Fitness, Mental
community-oriented looking companies to Wellbeing coaching
workplaces that deliver on deliver 21st-century, Dreamplex Play: Social
the needs of their employee-centric, highly activities, Community Personalized benefits
employees. engaging workplace Events, Creative included with
experiences without Workshops membership like health
Dreamplex offers a needing to build those insurance, Grab
uniquely differentiated capabilities and resources Dreamplex Academy: allowance, free meals
“Work Experience as a in house, or spending Learn & Grow with Expert and more
Service” that perfectly more money than they Talks, Workshops,
meets the needs of fast- do on their current Trainings
growing companies who “standard” offices.
understand that their
employees want more Intrigued? Find out more
from their workplace. at dreamplex.co.
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And how it influences the Vietnamese
workplace of the future?
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