The Changing Work Preferences of Filipino Generations
Recent studies have shed light on the evolving work preferences of different generations in the Philippines. According to Philcare’s “Wellness Index: An Updated ABC of Pinoy Gen X, Y, and Z,” young Filipinos belonging to Generation Z (born between 1997 and 2012) are showing a clear inclination towards working independently rather than as part of a team. The study, commissioned by a health maintenance organization (HMO), revealed that 55% of Filipino Generation Z employees expressed a preference for independent work.
Preference for Independence
This growing preference for independent work is not limited to Generation Z alone. The study also found that older Filipinos belonging to Generation X (born from 1965 to 1981) and Millennials (born from 1981 to 1995) are also inclined towards working alone, with 50% of them expressing a similar preference.
Joseph Augustin “Jaeger” Tanco, the President and Chief Executive Officer of Philcare, offered insights into the motivations behind Generation Z’s desire to work independently. He suggested that this preference could be attributed to their desire to showcase their skills and abilities to employers, while also placing a high value on freedom and self-direction in their careers.
Desire to Work in the Philippines
Another noteworthy finding from the study is that 48% of Filipino Generation Z individuals expressed a strong interest in working within the Philippines. This preference for local employment is slightly lower than the 54% of their older counterparts (Generation X and Millennials) who indicated a similar desire to work in the country.
Tanco emphasized that while there are fewer Generation X and Y workers seeking opportunities abroad compared to Generation Z, their motivations for doing so remain consistent. He noted that the desire to experience a new culture and achieve personal growth were common drivers for seeking international employment.
Furthermore, Tanco highlighted the potential benefits of international work experience, stating that it can enhance an individual’s competitiveness and marketability in the global job market. He emphasized the value of such experiences in contributing to personal and professional growth.
Catering to the Diverse Needs of Filipino Workers
As a response to the insights gleaned from the survey, Tanco expressed the HMO’s commitment to providing comprehensive solutions that cater to the diverse needs of Filipino workers across different generations. By understanding and acknowledging the evolving preferences and aspirations of Filipino employees, organizations can better tailor their offerings to support the well-being and professional development of their workforce.
Embracing Flexibility: The Rise of Freelance Work
Alongside the preference for independent work, the study also revealed a growing trend among Filipino generations towards freelance employment. Generation Z, in particular, has shown a strong inclination towards this flexible and autonomous mode of work, with 42% of respondents expressing interest in freelancing.
This shift in work preferences can be attributed to the changing demands and aspirations of the younger generation. Millennials and Generation Z often seek greater work-life balance, the ability to control their schedules, and the freedom to pursue multiple passions and projects simultaneously.
Freelancing offers these individuals the opportunity to tailor their work arrangements to their personal needs and interests. By working on a project-by-project basis, they can explore diverse industries, develop specialized skills, and maintain a sense of autonomy in their professional lives.
Adapting to Remote Work
The COVID-19 pandemic has further accelerated the adoption of remote work arrangements, which have become increasingly prevalent across all generations. The study found that 47% of Filipino workers, irrespective of their generational cohort, are now comfortable with the idea of working remotely.
This shift towards remote work has been driven by factors such as the need for social distancing, the availability of advanced communication technologies, and the recognition of the potential benefits, including increased productivity, reduced commute times, and greater work-life balance.
For employers, the rise of remote work has presented both opportunities and challenges. On one hand, it has enabled them to tap into a wider pool of talent, regardless of geographical location. On the other hand, they must adapt their management practices to ensure effective collaboration, communication, and employee engagement in a virtual work environment.
Prioritizing Wellbeing and Work-Life Balance
The study also highlighted the growing emphasis on employee wellbeing and work-life balance across all generations in the Philippines. Respondents, regardless of their age, expressed a strong desire for flexible work arrangements, such as the ability to work from home or adjust their schedules to accommodate personal commitments.
This shift in priorities can be attributed to the increasing recognition of the importance of mental health and the need to maintain a healthy balance between work and personal life. The COVID-19 pandemic has further exacerbated this trend, as individuals have faced additional stressors and the blurring of boundaries between work and home.
Employers who can effectively address these concerns and provide comprehensive wellbeing support, including mental health resources, flexible work policies, and work-life balance initiatives, are likely to attract and retain top talent across generations.
Navigating Generational Differences in the Workplace
The study’s findings also shed light on the evolving dynamics within the Philippine workforce, where multiple generations are now coexisting and collaborating. Navigating these generational differences can present both challenges and opportunities for organizations.
For instance, the preference for independent work among younger generations may require employers to rethink their management approaches, shifting towards a more autonomous and empowered work culture. At the same time, the desire for work-life balance and flexible arrangements across all generations calls for the implementation of progressive HR policies and the adoption of a more inclusive and accommodating work environment.
Effective communication, cross-generational mentoring, and the fostering of a collaborative and understanding workplace culture can help bridge the gaps between different generations. By recognizing and embracing the unique strengths and perspectives of each cohort, organizations can harness the collective potential of their workforce and create a more dynamic and productive work environment.
Preparing for the Future of Work
As the Philippine workforce continues to evolve, it is essential for both employers and employees to stay attuned to the emerging trends and adapt accordingly. The study’s findings underscore the importance of proactive planning and the implementation of strategies that cater to the diverse needs and preferences of the multi-generational workforce.
For employers, this may involve investing in employee development programs, promoting digital literacy, and fostering a culture of innovation and continuous learning. By equipping their workforce with the necessary skills and tools to thrive in the changing landscape, organizations can position themselves for long-term success and remain competitive in the global market.
Simultaneously, individuals across all generations must be proactive in their own professional development, embracing lifelong learning, and staying adaptable to the shifting demands of the job market. By acquiring new skills, diversifying their expertise, and remaining open to emerging opportunities, workers can enhance their employability and navigate the evolving world of work with confidence.
Ultimately, the insights from the Philcare study underscore the need for a collaborative and holistic approach to shaping the future of work in the Philippines. By bridging the generational divide and fostering an environment that empowers and supports workers of all ages, the country can harness the collective strengths of its diverse workforce and unlock new avenues for growth and prosperity.
Source: The Manila Times