Trends Show Majority of Gen Z Workers Believe They Are Underpaid
Trends in Perceptions of Pay Among Gen Z
A new survey highlights notable trends where 87 percent of Generation Z workers feel underpaid—evidenced even in those who earn six-figure salaries. Conducted in September 2024 by ResumeTemplates.com, the survey collected insights from 1,750 full-time employees aged 17 to 27.Key Findings:
- 13 percent perceive fair pay.
- One-third think they should earn between $70,000 and $100,000.
- 20 percent feel salaries should exceed $100,000.
Financial Stress Among Gen Z
Economic pressures for many Gen Z workers are substantial. 40 percent admit to struggling with finances. Among these, over 14 percent feel they need between $80,000 and $100,000 for comfort, while 19 percent estimate needing above $100,000.
Economic Concerns and Upcoming Elections
These trends reflect broader economic concerns, particularly with inflation and the cost of living rising. As the 2024 election approaches, understanding the priorities of this demographic becomes critical for political candidates.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.