Latest news with #GenerationZ
Time of India
17 hours ago
- Business
- Time of India
Why 18% of US managers have considered quitting and 27% prefer not to hire Gen Z
Why managing Gen Z is pushing 1 in 5 US managers to consider quitting. (AI Image) A recent survey by reveals that 18% of US managers have considered quitting their jobs due to the challenges of managing Generation Z (Gen Z) employees, while 27% stated they would avoid hiring them if possible. The survey, conducted in October 2024, gathered responses from 1,000 US managers who oversee Gen Z employees. The findings highlight growing concerns among US managers over Gen Z's work behaviour, professionalism, and impact on workplace dynamics. The results also show that more than half of the managers surveyed have had to adjust their management style to accommodate the needs of this younger workforce. Key challenges identified by managers According to the survey, 50% of managers reported excessive phone use among Gen Z employees as the most pressing issue. Other frequent challenges include poor work ethic (47%), lack of initiative (45%), poor time management (44%), and unprofessional behaviour (43%). In further breakdowns of professionalism concerns, 58% of managers said Gen Z employees demonstrated unprofessional attitudes, 53% noted unprofessional communication, and 45% cited an inability to receive feedback professionally. These workplace behaviours have led to increased stress and frustration for many managers. reported that 51% of managers expressed frustration, and 44% said managing Gen Z employees caused them stress. Additional impacts include disappointment (31%), increased workload (27%), need for additional resources (26%), a decrease in personal productivity (20%), feelings of being overwhelmed (20%), and burnout (16%). Challenge Percentage of Managers Reporting Issue Excessive phone use 50% Poor work ethic 47% Lack of initiative 45% Poor time management 44% Unprofessional behaviour 43% Unprofessional attitude 58% Unprofessional communication 53% Unprofessional response to feedback 45% Source: Impact on team dynamics and management styles survey found that 52% of managers believed Gen Z employees caused tension between different generations in the workplace. The most cited reasons for intergenerational tension were differing workplace attitudes and expectations (76%), communication issues (62%), conflicting priorities (47%), and clashes in work styles (42%). To manage Gen Z employees more effectively, 65% of managers said they had changed their management style. Among them, 44% provided more frequent feedback, 38% reported increased micromanagement, 35% made adjustments to support work-life balance, and 32% allowed more time for tasks to be completed. Furthermore, 75% of managers said that Gen Z employees require more time and resources than employees from other generations. also reported that 54% of managers had experienced inappropriate tone or communication from Gen Z employees. Management Adjustment / Team Impact Percentage of Managers Reporting Altered management style 65% Provide more frequent feedback 44% Micromanage more 38% Adjust for work-life balance 35% Allow more time for tasks 32% Gen Z requires more time and resources 75% Experienced inappropriate tone from Gen Z staff 54% Gen Z reduces overall team productivity 54% Gen Z causes intergenerational tension 52% Source: Hiring and termination decisions Despite these challenges, many managers continue to hire Gen Z employees due to the need to fill junior positions (54%), cost-effectiveness (47%), and concerns about age discrimination (34%). However, 50% of managers acknowledged that they had fired a Gen Z employee, and 27% stated they would avoid hiring from this generation if alternatives were available. This nationwide survey was conducted online by using Pollfish and included managers aged 28 and above, with household incomes exceeding $75,000, managing at least one Gen Z employee in companies with over 11 employees. TOI Education is on WhatsApp now. Follow us here . Ready to navigate global policies? Secure your overseas future. Get expert guidance now!
Fashion Network
19 hours ago
- Business
- Fashion Network
Coach parent Tapestry invests in Gen Phoenix to scale sustainable leather
Tapestry Inc., the New York–based parent company of Coach and Kate Spade, will invest $15 million in Gen Phoenix, a UK-based recycled leather innovator, to expand its sustainable materials strategy across its fashion portfolio, the companies told Reuters. The deal raises Tapestry's stake in Gen Phoenix to 9.9%, signaling a deeper commitment to circular fashion. The investment aligns with the company's broader sustainability ambitions and its focus on attracting Generation Z — those born between 1997 and 2012 — who increasingly prioritize eco-conscious fashion. The partnership began in 2022 with the launch of Coach's Gen Z-focused Coachtopia line, which features products designed with at least 50% recycled leather fibers made from waste supplied by Gen Phoenix, according to the company's website. Scott Roe, Tapestry's chief financial and chief operating officer, said Coachtopia serves as an indicator of younger consumers' shopping behavior. 'It's not that Coachtopia is so commercially massive, but it is helping us understand what's important to this really critical demographic,' he said. Roe declined to disclose Coachtopia's share of total earnings, noting only that it remains 'relatively small.' Gen Phoenix estimates its materials have an 80% lower carbon footprint compared to virgin leather. The companies previously collaborated on an uncoated lining material that Coachtopia brought to market in under a year, said Elyse Winer, chief marketing officer at Gen Phoenix. As part of the investment, Gen Phoenix — which sources waste materials from European tanneries and factories — will supply recycled leather to Tapestry for three years. Gen Phoenix CEO John Kennedy said the company looks forward to working across all Tapestry brands. Roe added that the potential applications of recycled materials across the business remain broad: 'There's a lot of opportunities to redirect a lot of that waste stream,' he said. © Thomson Reuters 2025 All rights reserved.
Time of India
20 hours ago
- Politics
- Time of India
American colleges are failing students: How chasing prestige is leading them astray
American education, once a bastion of academic excellence, now stands at the precipice of eroding the very legacy it was once celebrated for. The fracture in the system is not a sudden rupture but a familiar and well-worn narrative, shaped by diminishing state support, politicized culture wars, and the ballooning cost of living. Tired of too many ads? go ad free now Yet what is corroding the shine of this academic powerhouse is not pressure from the outside. It is decay festering within. The uncomfortable truth is that many American colleges are themselves complicit in their own slow collapse. The very institutions once applauded for their world-class education are now peddling learning as though it were a luxury good rather than a public mission. These universities, once citadels of inquiry and intellectual rigor, are drifting steadily away from their core purpose. What remains are prestige factories, glossy on the surface but increasingly hollow at the core. The cult of prestige: A costly obsession Higher education is entangled in a prestige economy that prioritises aesthetics over academics. The competition is to appear and show an elite face to the aspiring students. And yes, the trend has gained ravenous popularity lately. It is no longer enough to educate; it has to be done in style. This has spawned a campus arms race: Multi-million dollar recreation centres, luxury dormitories, artificial rivers, gourmet dining halls, all to impress prospective students and allure college rankings. The quest for status not only comes with a loss for academics but also puts mounting pressure on finances. Institutions divert funds from classrooms and research labs to amenities that have no role in improving learning for students. Students of today, especially Generation Z ,are more pulled in by the external aesthetics and comfortable lifestyle. Henceforth, universities are quickly adapting to it. The result? Skyrocketing tuition fees and an ever-widening credibility gap between what universities promise and what students actually receive. Tired of too many ads? go ad free now Bureaucracy over books Equally insidious is the administrative sprawl. Since the 1980s, universities have dramatically expanded their non-instructional staff, layering campuses with compliance officers, branding consultants, student life managers, and vice provosts of every imaginable portfolio. According to the Bureau of Labor Statistics, administrative spending is projected to rise another 7% in the next decade, outpacing faculty hiring and eroding institutional focus. While administrative roles hold importance, the bloat has climbed to abnormal proportions. Faculty members are increasingly finding themselves buried in paperwork, performance metrics, and bureaucratic gymnastics, all of which pull time and energy away from teaching and research. Students meanwhile, are trying to find a way out of the labyrinth of offices that further adds complexities and are of little value to their education. Debt as the new diploma The financial burden this system places on students is staggering. According to the National Center for Education Statistics, the average tuition at public colleges has nearly tripled since 2000, rising far beyond the rate of inflation. The data says that in 2023, student debt hit an unprecedented $1.78 trillion, nearly triple what it was in 2008. These numbers are not mere statistics, but tools to bring forth a shocking picture of adults who are representing millions of young adults shackled by loans in the prime of their lives, often without the earning power their degrees once guaranteed. Colleges, eager to balance their books, are looking forward to international students who pay fill freight and flashy programmes that promise employability that is rarely achieved. Education, once a public trust, now behaves like a marketplace, where students are treated as consumers and learning is reduced to transactional value. A crisis of mission The drift is more than financial mismanagement; it is a crisis of identity. Universities were once sanctuaries of social mobility, niches of free thought, and hubs of public service. Those ideals are now increasingly diluted by revenue imperatives, branding strategies, and rankings-based decision making. In this climate, even well-intentioned academic goals are subjected to optics. The danger is existential: when institutions forget why they exist, they lose the public's trust, and ultimately, their relevance. Reform or ruin? Taking a U-turn from here is not easy, but necessary. It is high time that universities ask the needed painful questions, such as: Do we need more vice provosts or more professors? Do we need another climbing wall or a stronger core curriculum? Do we serve our students, or our brand? Meaningful reform must include: A hard cap on administrative expansion, with transparent audits of spending priorities. Refocusing on academic quality, not auxiliary glitz. Restoring affordability through reallocation of resources and tuition restructuring. Reconnecting with communities through service, research, and local engagement that demonstrates public value beyond campus gates. Colleges cannot afford to remain isolated ivory towers. Their survival depends on rebuilding the social contract with students, with families, and with the communities they once served unconditionally. Reclaiming the public good Higher education is not beyond savings. But saving it requires courage: the courage to admit failure, challenge sacred cows, and dismantle the prestige-industrial complex that has attracted universities off course. The public is watching. Students are questioning. And trust, once lost, will not be won back with a new rec center or a better PR firm. It will be earned by returning to first principles, by proving that education is not a luxury, but a right; not a product, but a public good. Until then, the very institutions built to enlighten may continue to darken the futures they claim to serve.
Fashion Network
a day ago
- Business
- Fashion Network
Coach parent Tapestry invests in Gen Phoenix to scale sustainable leather
Tapestry Inc., the New York–based parent company of Coach and Kate Spade, will invest $15 million in Gen Phoenix, a UK-based recycled leather innovator, to expand its sustainable materials strategy across its fashion portfolio, the companies told Reuters. The deal raises Tapestry's stake in Gen Phoenix to 9.9%, signaling a deeper commitment to circular fashion. The investment aligns with the company's broader sustainability ambitions and its focus on attracting Generation Z — those born between 1997 and 2012 — who increasingly prioritize eco-conscious fashion. The partnership began in 2022 with the launch of Coach's Gen Z-focused Coachtopia line, which features products designed with at least 50% recycled leather fibers made from waste supplied by Gen Phoenix, according to the company's website. Scott Roe, Tapestry's chief financial and chief operating officer, said Coachtopia serves as an indicator of younger consumers' shopping behavior. 'It's not that Coachtopia is so commercially massive, but it is helping us understand what's important to this really critical demographic,' he said. Roe declined to disclose Coachtopia's share of total earnings, noting only that it remains 'relatively small.' Gen Phoenix estimates its materials have an 80% lower carbon footprint compared to virgin leather. The companies previously collaborated on an uncoated lining material that Coachtopia brought to market in under a year, said Elyse Winer, chief marketing officer at Gen Phoenix. As part of the investment, Gen Phoenix — which sources waste materials from European tanneries and factories — will supply recycled leather to Tapestry for three years. Gen Phoenix CEO John Kennedy said the company looks forward to working across all Tapestry brands. Roe added that the potential applications of recycled materials across the business remain broad: 'There's a lot of opportunities to redirect a lot of that waste stream,' he said.
Fashion Network
a day ago
- Business
- Fashion Network
Coach parent Tapestry invests in Gen Phoenix to scale sustainable leather
Tapestry Inc., the New York–based parent company of Coach and Kate Spade, will invest $15 million in Gen Phoenix, a UK-based recycled leather innovator, to expand its sustainable materials strategy across its fashion portfolio, the companies told Reuters. The deal raises Tapestry's stake in Gen Phoenix to 9.9%, signalling a deeper commitment to circular fashion. The investment aligns with the company's broader sustainability ambitions and its focus on attracting Generation Z — those born between 1997 and 2012 — who increasingly prioritise eco-conscious fashion. The partnership began in 2022 with the launch of Coach's Gen Z-focused Coachtopia line, which features products designed with at least 50% recycled leather fibres made from waste supplied by Gen Phoenix, according to the company's website. Scott Roe, Tapestry's chief financial officer and chief operating officer, said Coachtopia serves as an indicator of younger consumers' shopping behaviour. 'It's not that Coachtopia is so commercially massive, but it is helping us understand what's important to this really critical demographic,' he said. Roe declined to disclose Coachtopia's share of total earnings, noting only that it remains 'relatively small.' Gen Phoenix estimates its materials have an 80% lower carbon footprint compared to virgin leather. The companies previously collaborated on an uncoated lining material that Coachtopia brought to market in under a year, said Elyse Winer, chief marketing officer at Gen Phoenix. As part of the investment, Gen Phoenix — which sources waste materials from European tanneries and factories — will supply recycled leather to Tapestry for three years. Gen Phoenix CEO John Kennedy said the company looks forward to working across all Tapestry brands. Roe added that the potential applications of recycled materials across the business remain broad: 'There's a lot of opportunities to redirect a lot of that waste stream,' he said. ($1 = £0.74)
