Deloitte’s 2025 Global Gen Z and Millennial Survey shows that younger generations prioritize a balance of financial gain, meaning, and well-being in their career choices.
Deloitte Global’s 2025 Gen Z and Millennial Survey closely examines the expectations and concerns of two of the most dynamic generations in today’s workforce. Conducted across 44 countries with more than 23,000 participants, the study reveals that these generations plan their careers not solely around financial gain, but also based on a desire for purpose and mental well-being.
GenAI: A Defining Force in the Changing World of Work
Seventy-four percent of Gen Z and 77 percent of millennials believe that generative AI will significantly change how they work within the next year. More than half of the respondents from both generations say they have already started using GenAI in their daily work. While this technology increases productivity, it also raises concerns around job security. A large portion of respondents indicate that they are planning to pursue careers in sectors less vulnerable to the impacts of GenAI.
A Shift from Leadership Aspirations to Learning Goals
The survey indicates that younger generations are redefining traditional career goals. Only 6 percent of Gen Z consider reaching a senior leadership position as their primary ambition. Instead, they expect their organizations to offer mentorship, personal development opportunities, and inspirational leadership. However, these expectations are largely unmet. Half of the respondents say they want more support, guidance, and communication from their managers.
The Pursuit of Meaning and Mental Well-Being
Gen Z and millennial employees believe that working in a meaningful role significantly contributes to their overall life satisfaction. About 90 percent of young people state that having a sense of purpose in their job is very important. However, the definition of “meaning” varies by individual. For some, it means contributing to society; for others, it’s about financial security or achieving a healthy work-life balance. The report also highlights that in the absence of financial stability, both well-being and the sense of purpose are weakened.
Questioning the Role of Education
Nearly one in four participants believe that higher education does not adequately prepare them for the business world. While young people express a willingness to learn, many feel that university curricula fall short when it comes to providing real-world applicability.
Deloitte’s findings suggest that the business world is struggling to keep pace with the evolving expectations of younger generations. Gen Z and millennials are entering the workforce not merely to earn a living, but to learn, grow, contribute, and maintain a balanced life. For organizations, understanding and adapting to this shift is essential to building long-term, meaningful relationships with the workforce of the future.
