Mentoring the Next Generations

Wednesday, September 21, 2016


Teachers, employers and parents want to see younger people reach their potential, however the problem is that the pathway to productivity and living a life of high capacity and great quality is not a straight line for Gen Y and Gen Z’s. In an era of increasing change, greater complexity and global mega-trends these younger generations need mentors to grow them, guide them and give them the feedback they need to develop and mature.

At McCrindle we know these younger generations and we believe in their potential to achieve greatness. Managers, CEO’s, team leaders, teachers and parents have a unique opportunity to mentor these younger generations through formal and informal conversations. Gen Y and Z’s are keen be mentored. That means they want to be listened to, not lectured at, encouraged and asked open-ended questions that help their decision making process.

The goal of mentoring young people is to expand their values and worldview, strengthen their character and enlarge their personal and professional capacity. These younger generations desire opportunities for personal growth through a friendly and supportive partnership.

Mentors and leaders in society today have an opportunity to shape these younger generations. The challenge mentors often face is around how to turn general conversations into character and skill development.

7 Developmental Areas mentors need to cover

PRIORITIES: Help these generations focus amongst digital distractions

RESILIENCE: Highlight their current experience and strengths to provide assurance in anxious moments

AUTHENTICITY: Showcase the benefits of community in and above digital connectivity

INSIGHT: Provide greater vision to make wise life decisions

ENERGY: Encourage decisiveness to remove blockers, overcome obstacles and move forward

BALANCE: Teach them how to say a positive 'no' in a busy ‘yes’ work/life culture, to maintain a healthy lifestyle

GREATNESS: Inspire the best in these young people as they move through the transitional stages of life.


Geoff Brailey speaking on this topic at the Australian Communities Forum 2016

Understanding the next generation of volunteers and donors

A specific area of focus in the 2016 Australian Communities Report is analysis of volunteers and supporters aged under 30 and in this session, Geoff Brailey, Research Executive at McCrindle Research, will share the findings as well as give practical insights on engaging young people in community organisations and developing the leadership capacity of the next generation of staff and volunteers.

PURCHASE YOUR EARLY BIRD TICKET TODAY


Eliane Miles speaks on NEETs in Australia

Monday, September 19, 2016

Analysis by Eliane Miles on new research released this week from the OECD highlights the challenge for young people entering their working years, particularly considering their transition from education.

While unemployment in Australia at just 5.6% is one of the lowest in the OECD, the number of Australian young people not in education, employment, or training (NEETs) has increased by 100,000 since the time prior to the Global Financial Crisis (2008), rising from 10.5% to 11.8% of all those aged 16 to 24 – comprising a total of 580,000 young people today.

The challenges affecting youth unemployment most often lie in a young person’s transition periods. It is normal for young people to spend some time out of education and work – in fact, 2 in 3 young people aged 16 to 24 will spend up to 3 months out of education and work – but the challenge becomes when this period of time becomes greater and the ‘relevance clock’ begins to tick. When 3 months eventuates into a year, or longer, this can lead to cycles of unemployment. Today, 1 in 5 young people aged 16 to 24 spend 12 months or more out of employment, education, or training, and it is these young people that will face the most significant challenges as they try to enter or re-enter the workforce.

The demographic realities play a significant risk factor in young people falling into a cycle of unemployment. 60% of NEETS are women, and while just 3% of young people are indigenous, this percentage rises to 10% among NEETs. There is also a strong correlation between low educational attainment and struggles in entering the workforce - 37% of students who leave school in Year 10 end up not being in education, employment, or training, compared with just 11% of those with a tertiary qualification.

Watch Eliane Miles on 7 News below:




240,000 young people looking for work

Young people out of work are often stereotyped as “slackers” but in fact 41% of NEETs (238,000) are actively looking for work but unable to find a job. Helping these young people find work needs to become a national priority and a focus needs to be given to their education to employment transition. Studies tell us that the key transition in a young person’s life is from learning to earning – from study to employment. If young people are not job ready, they should be directed to a course or traineeship that will help them get job-ready. Greater collaboration between actors (schools, VET providers, tertiary providers, employment services, childcare providers, and employers) is needed, along with a broader focus on not just higher education but vocational learning.

The remaining 59% who are inactive NEETS

Questions are then most often asked about inactive NEETs – the 40% of NEETs who say they would not like a job, and the 19% who would like a job but aren’t currently looking. What is it that has discouraged them or dissuaded them from entering the workforce?

Educationally, we are seeing a significant push towards tertiary educational attainment. A generation ago in 1986, more than half of all students left school in Year 10 with most going on to start work/vocational training. Today, 9 in 10 young people go on to complete Year 12, and the majority of these enter higher education. Nationally, however, 1 in 5 university students drop out in their first year of university, clearly not being ready for the task at hand or convinced of the choice they have made.

And while we are seeing an increase in university qualifications (our predictions estimate that 1 in 2 Gen Z will have a university qualification compared to 1 in 3 Gen Ys and 1 in 4 Gen Xs), we must keep in mind that everything is not just about higher education or STEM skills. It’s about developing a broad skills base that will continue to sustain Australia’s growing economic and demographic footprint.

Challenges in the skills sector

While the VET sector has seen a 50% increase in students placed in apprenticeships since the early 2000s, the sector is also subject to significant inefficiencies. Traineeship and apprenticeship completion rates are low, qualifications are hard to navigate, some federal funding for programs has been withdrawn, and employment service providers geographically only target 60% of NEETs, leaving 200,000 youth un-serviced by employment services.

The benefits of work are more than just economic

In conversations with young people, it serves us to be reminded that jobs do more good for all of us than just money. They provide a young person with a sense of independence, self-esteem, and social connection, as well as the ability to learn and stay future-proofed. The longer that young people stay out of employment, the more they are to lose connection and become social disenfranchised, leading to greater problems.

The challenge of entry will only accelerate

As we look ahead to the next 10-15 years of Australia’s job market, we estimate that 5.1 million of Australia’s jobs will become digitally disrupted. Today’s savvy school leaver is training themselves for jobs that don’t yet exist. The reality is that new jobs which will be created are more complex than the jobs they replace. If a young person is locked out of the workforce today, it is likely that they will face an even more difficult re-entry in years ahead as the skills required to fulfilk workforce demands increase.

The challenge of financial independence will also accelerate

Commonwealth funding will increasingly become tighter. The economy has natural limits, and supporting an ageing population base and those with disabilities is naturally a more pressing national priority than supporting those who can work but are choosing not to. It’s just a matter of time before government benefits to NEETs will dry up.

Having said that, it’s also important to remember that 25% of inactive NEETs and 41% of NEETs looking for work in fact have not received any government benefits to support them. For these young people, support has largely fallen back to the informal economy, with support provided by family members and friends.

The earnings challenge for today’s emerging generation

It is in fact more financially difficult to get ahead early in life than it once was. In the 1970s, for example, when many Baby Boomers graduated from university, the average graduate starting salary was equal to the average full time adult wage, while today the average graduate starting salary of $54,000 is $26,000 less than average full time annual earnings. Student debt is also higher than ever, with more than 1 in 3 (34%) registered debt agreements belonging to 25-34 year-olds, and the average university debt estimated to be around $28,000. Today’s young generations are actually beginning their earning years in more debt than we’ve seen before. Not to mention the multi-fold increase in the cost of housing – a generation ago the average Sydney house price was 5 times annual average earnings while today the average house price is 13 times the average annual full time earnings of $80,000.

Keeping it in perspective

If young people can continue to accelerate their learning, they’ll have greater chances of success. Just 11% of bachelor-degree educated young people are still looking for full time work within 4 months of completing their course, and the strength of Australia’s economy is creating positive opportunities for innovation and entrepreneurship for young people to place their stamp on Australia's future.

ABOUT ELIANE MILES

Eliane Miles is a social researcher, trends analyst and Director of Research at the internationally recognised McCrindle. As a data analyst she understands the power of big data to inform strategic direction. Managing research across multiple sectors and locations, she is well positioned to understand the mega trends transforming the workplace, household and consumer landscapes. Her expertise is in telling the story embedded in the data and communicating the insights in visual and practical ways.

From the key demographic transformations such as population growth and the ageing workforce to social trends such as changing household structures and emerging lifestyle expectations, from generational change to the impact of technology, Eliane delivers research based presentations dealing with the big global and national trends.

With academic qualifications in community engagement and postgraduate studies in international development and global health, Eliane brings robust, research-based content to her engaging presentations and consulting. As a social researcher, she has been interviewed on these topics on prominent television programs such as National Nine News and Today, as well as on radio and in online media.

To have Eliane Miles present to your organisation on Generation Z, the state of today’s education sector, or the future world of work, contact McCrindle at info@mccrindle.com.au or call 02 8824 3422

DOWNLOAD ELIANE'S SPEAKERS PACK HERE






Sources:

OECD, Investing in Youth: Australia 2016

Graduate Careers Australia

McCrindle

Welcome to our blog...

We have a passion for research that tells a story, that can be presented visually, that brings about change and improves organisations. And we hope these resources help you know the times.

Our Social Media Sites

Facebook | McCrindle Research Social Media YouTube | McCrindle Research Social Media Twitter | McCrindle Research Social Media Flickr | McCrindle Research Social Media Pinterest | McCrindle Research Social Media Google Plus | McCrindle Research Social Media LinkedIn | McCrindle Research Social Media Mark McCrindle Slideshare


Last 150 Articles


Tags

names manly waverton schools schools students housing market entrepreneurial forecast Wodonga FPA research services click office opening university Financial Planning Week work Royals house price rise CBD high density media new office SMSF not for profit population map media activity focus group insights NT winter blues ideas New Zealand land of the middle class christian professional services australian communities forum GPO food generational trends norwest trends 1968 online townhouses Australian Bureau of Statistics sunburnt country home owner education sector Work place workshop generation Z learner investing Tuesday Trends thrive tv shopping centre 2016 census results investor Financial Planning Association 2013 Love shopper's pick Gen X generation social trends infographics baby names report NBRS house prices twentyseventeen social life Wellington sector aussie culture World Water Day contiki residents debt communities interactive ACF "know the times" Scouts Aussies repayments Do It Yourself Northern Territory NEETs megatrends February 16 Word Up trend tuesday friends intern social commentator stay home father's day area visualisation Wagga Wagga holidays woolworths pharmacies alpha career apartment data analyst Australian Families google community event etiquette high density apartments Education Future Forum work-life non profit James Ward conference presentation sunny days tertiary education collaboration SRE small business brand conferences kate middleton engagement wage Geoff Brailey transport offenders gen z thought leadership trends of 2016 SMART meals Sydney Hills Business Chamber sun future proofing vegemite balance events Engineering Manager participants middle class Deaths trends of 2017 women post rationalism house price hills Tuesday Trend the australian dream year 12 affordability identity New Zeland energy Mark McCrindle eliane Channel Seven household story future unemployment Christmas season insight living social commentary Births Northern Beaches earn school satisfaction spend Territory educhat optus my business awards change presentations parenting unaffordable sports showreel finance JOMO australian social research public speaking financial dreams professional presenters jobs 1980 local social lives demographics anzac national crime rates group student list cica huffington post monarchy generation alpha poor property global financial crisis coffee growth suburbs educated mentor innovative dare to dream men Generation X HSC leadership workshop mccrindle in the media mortgage children marrickville hills shire resource REIV Conference average sydneysider relevant The ABC of XYZ education future report community engagement System's Architect Aussie mover and shaker blaxland weekly earnings 2015 curiosity statistics snapshot language population milestone mateship national wealth VIC faux-cilise product future of education society entertainment suburb family debate group session qualitative research trends analyst financial rental stress growing population business performance teaching urban taskforce South Australia optimistic suburban living budget New South Wales Real Estate Institute of Victoria future-proof pyrmont moreton bay happiness dream PSI ABS cold faux-ciliser employers sydney metro logan going out potts point victoria royal baby Northern beaches Event low density royal housing trends divorce REIV National Conference keynote 2012 demographic trends speakers pack survey design professional speaker housing affordability overcast 24,000,000 wealth and income distribution the hills shire ACF 2016 ferry charity urban living index daily telegraph Australian Communities Trends media release hornsby cooking public holiday wealth distribution earning panel 2016 real ipswich conference speaker christianity youth millennials wealth Tasmania the average aussie EFF ashley fell 1994 spirituality world youth day increasing densification SA rule keeper cancel plans apartments royal influence #censusfail research report average aussie Population Clock princess charlotte teach ease of travel research pack Australia street ageing workforce environment cancelling plans hobart home ownership results Christchurch Financial Planning Association of Australia capital city sydneysiders challenge 24 million Northern Beaches Christian School retirement paying to work property price Australian Dream presentation community criminal future of shopping sustainable experience event slideshare recap 2014 DIY crime society trends global Christmas lunch safe Australian communities religion lifestyle healthy future learning styles goals village wedding award cars cash baby name trends culturally diverse office space visual futurist plans teachers leadership aged care staying in school financial independence marketing bondi census results Hills Shire Council define Res Vis program average Australian tableau learning graphs business future of work house demographer life world urban resilience Netflix cartodb organisations engage business index quote friendship housing belief population growth bureau in depth interviews communicate couple The Daily Edition volunteers internet nfp social impact Vocational education forecasting relational technology social analysis Duchess of Cambridge neutral bay cloudy days future proof wellbeing travelling market research high density living trend travel IT Specialists politics google for education research owning a home gen alpha local community culture screenage environmental scanning national private wealth Australian Home summer baby names australia report acf15 outsourcing newspaper internship social enquiry sydney hills professional development employment aged care puzzle Australia Day mccrindle brands moderators guide Charlotte micro apartments Australian schools geomapping school students micro infographic wall car gold coast households communication Queensland: QLD responsive FOMO tea WA workplace culture facts ageing population teacher baby global generations students baby boom workplace baby names high school marriages Gen Y fears celebration focus groups mother's day housing growth personal growth government 2020 organisational culture infographic analysis internships January 26th equip cost of living data population training affordable dessert skills Crime Rates storytelling keynote speaker the changing face of sydneysider survey the hills domestic Australia Day 2017 TAS church financial fears census data customer daily commute Australian Population demographic consumer ashley mckenzie shifts shopping salary cost award winner prince george Valentine’s Day divorce rate new york times commute ultimo marriage VET sector speakers easy rider vegetarian motivate Christmas presents state rising house prices Andrew Duffin priorities Australian demographics lalor park typical australian baby name young people data visualisation socialising toys train economic local communities NSW Assistant Store Manager demographic transformations hopes financial future Kiwi sector wide sentiments Western Australia hello fresh social research deloitte collaborative faith 2017 VET grandparents brand experience pharmacy supply and demand renter of the future Queensland Australian Trends australians staying home more DESTEL entrepreneurs of today perth communications the great screenage darwin Sydney keynote speaker wealth and income fresh australian communities trends report Bathburst Australian Census social change research data Melbourne sydney event grave decision litter cancelling event teleworking income water families mccrindle research consumerism commuters news conference rain Caregiver Channel 7 Real Estate work mates cultural diveristy know the times 2016 census omnibus child care education McCrindle Speakers online shopping medicine winter clothing wages social media not-for-profit careers purpose ACT buildings video property market speaker proactive staff generations English tips researcher shbc eliane miles baby boomers gender study Social Trend impact meetings Merry Christmas tuesday social 1975 socialites office emerging trends university degree millionth narcissism annual income baby name predictions city digital NBRS Architecture social researchers authenticity mythbusting mining boom forum cultural diversity sydneycity wolloomooloo bus Adelaide rent Macquarie University innovation easter 10 years Generation Y social issues 23 million TDE seasons learn millenials 40 million report year 7 social researcher selfie youth unemployment trades weather research visualisation Hornsby Shire Council case study emerging technologies Canberra jobs of the future professional census breakfast entrepreneur census fail education future greatness rise of local education research mythbusters faux-cilising ethnography census 2016 young australians states brisbane home long weekend australia CPI tattoos economy personalities crows nest mobile follow builders Skilling mccrindle tea urban living sydney speaker renting menai rich optus parents changing face of sydney poker master leader capital cities earnings goal Research Executive Myth publication dreaming public speaker sector wide study Australians christmas media commentary demography in the media holiday investment royal family Kirsten Brewer stats Sydney emerging generations Research Director networking social shifts

Archive