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Sunday, November 17, 2024

Gen Z workers: values matter, and so does financial security


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Despite their portrayal in popular media as vapid, attention-seeking brats, Gen Z employees are actually very hard workers, driven towards financial security and anchored by a strong sense of family values, according to new research from the Ateneo de Manila University.


Here's what employers and the public should know about this youngest cohort of the workforce.


Despite appearances and tongue-wagging from older observers, it turns out that Gen Z is much more eager to work hard for both social good and long-term financial security than some might think, according to new research from the Ateneo de Manila University.


Gen Z employees are idealistic yet pragmatic, seeking meaningful and fulfilling work that benefits society even while working towards their and their family’s own long-term financial security. PHOTO: Thirdman / Pexels.com


Steeled by economic uncertainty leading up to—and most especially in the wake of—the COVID-19 pandemic, the youngest Filipinos now entering the workforce greatly value both a stable income and personal achievement. These idealistic yet pragmatic members of Gen Z (born between 1995 and 2012) tend to look for meaningful and fulfilling work environments but also willingly forego creature comforts in favor of long-term financial stability.


In their seminal study of Filipino Gen Z employees, the Ateneo researchers uncovered clear distinctions in workplace motivation versus previous generations, particularly Millennials (or Gen Y, born between 1980 and 1994); Gen X (depending on the research agency, born in either 1961 or 1965, up to 1979); and Baby Boomers (born after World War II, in 1946 to 1960/1964). These differences reflect how the unique socioeconomic context of each generation influences their motivations and overall outlook.


Family matters

Filipino cultural expectations concerning familial responsibility play a unique role in Pinoy Gen Z employees' work decisions. Many in this cohort are motivated by the need to support their families financially—an intrinsic motivator in Filipino culture. For Gen Z Pinoys, contributing to family well-being is a main reason for why they seek competitive salaries and benefits that can support both themselves and their loved ones.


“Family is a significant motivator for their work, as they strive to provide a good life for their loved ones. Some participants (of the study) who are the eldest child also reported feeling a greater sense of responsibility to provide for their family,” the researchers noted.


Personal achievement and career growth

Moreover, Gen Z puts a premium on personal achievement in the form of career growth and skill development. This focus is reflected in their desire for rapid advancement and fulfillment in their roles. Meanwhile, Gen X, who typically value job security and stability over rapid career growth, are less likely to switch jobs for career advancement alone. Baby Boomers also have a strong sense of organizational loyalty—they often stay with one employer for extended periods—but are less driven by the desire for rapid career advancement.


Also, while Gen Z and Millennials are both technologically savvy and open to flexible work arrangements, Gen Z has a preference for hybrid or flexible remote work as they value autonomy and balance. In contrast, Millennials, who largely came of age during the rapid expansion of digital workplaces, are more accustomed to structured team-based settings and in-person collaboration.


“Compared to Millennials, who put more value on interesting work and collegial work environments, Gen Zs tend to focus on securing their future through savings and investments,” the researchers said.


On a personal level, Gen Z’s emphasis on meaningful work also differs from other generations. Many Gen Z employees are motivated by work that aligns with their passions and allows them to make a positive impact on others and on society at large. This is partly driven by their experience of growing up in a digitally-connected world, where social issues and values-driven missions are increasingly visible and influential. Millennials, who came of age just as the digital world was emerging, also share some of this values-driven focus and likewise seek out work environments that foster a sense of community and purpose. However, Baby Boomers and Gen X tend to prioritize job security and are generally less motivated by the need for their work to align with personal or social values.


What employers should know

All of these generational differences suggest that companies aiming to retain Gen Z employees should focus on fostering career growth; aligning organizational values with broader social impact; and providing robust financial benefits that cater both to immediate needs and long-term security. Otherwise, companies that rely solely on traditional job security and loyalty strategies might find themselves less effective in engaging and retaining this youngest cohort of employees.


Overall, Gen Z’s workplace motivations combine financial pragmatism, personal achievement, and values-driven work in a way that distinctly sets them apart from older generations.


“Financial security is one of Gen Z’s motivating factors, as they view work as an avenue for them to earn and save money for their future. Even though Millennials

put a premium on compensation, the Gen Z respondents are more specific as to how they want to use their salary,” the Ateneo researchers explained.


“They also want their work to have an impact on others and society. They want to see how their work contributes to the organization’s mission in general,” they added.


Mikee C. Talamayan, Dr. Mendiola Teng-Calleja, and Dr. Jaimee Felice Caringal-Go of the Ateneo de Manila University Department of Psychology and the Ateneo Center for Organization Research and Development published their paper, “Motivating Filipino Generation Z employees at work: enablers and outcomes,” in the journal Evidence-based HRM in October 2024.


Saturday, November 16, 2024

Coach Chot Reyes Joins Daily Fantasy: Revolutionizing Basketball Fandom in the Philippines


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Basketball enthusiasts across the Philippines have found a new and exciting way to engage with their beloved sport, thanks to Daily Fantasy, the innovative fantasy sports platform that allows fans to draft, trade, and manage virtual teams based on real-life player performances. The platform has taken a significant leap forward by announcing Coach Chot Reyes as its newest brand ambassador, marking a historic moment in Philippine sports entertainment.


A New Chapter in Basketball Engagement

The official launch event, held at SM Southmall’s Events Hall, celebrated Coach Reyes’ introduction as the face of Daily Fantasy. The event brought together basketball fans, athletes, and sports enthusiasts to experience the app’s unique approach to fantasy basketball. Highlights included a thrilling “Coach Chot Challenge”, where Reyes went head-to-head against Coach Justin Perez of United By The Game (UBTG) in a live fantasy basketball showdown. Both coaches demonstrated the platform’s capability to bring the strategic side of the sport to life by building and managing their ultimate fantasy teams using real UBTG players.

This interactive showcase emphasized Daily Fantasy's mission to immerse fans deeper into the game, blending real-world basketball knowledge with virtual coaching. Attendees were given the opportunity to draft their own NBA fantasy teams, compete, and gain valuable insights directly from Coach Reyes himself.





Coach Chot Reyes: A Visionary Leader for a Revolutionary Platform

Coach Chot Reyes, known for his extensive coaching expertise and passion for basketball, expressed excitement about this partnership. He highlighted how Daily Fantasy brings a new dimension to sports engagement, allowing fans to elevate their love for basketball by stepping into the role of virtual coaches.

“The love of basketball has always run deep in Filipino culture,” said Reyes. “Daily Fantasy amplifies this passion by offering an interactive and strategic experience, empowering fans to not just watch the sport but actively shape it.”
Elevating the Fantasy Basketball Experience

Daily Fantasy stands out by transforming how fans experience sports. With features like live leaderboards, flexible lineup creation, and real-time scoring, the platform offers an unparalleled combination of strategy and excitement. Its user-friendly app enables fans to draft lineups, manage budgets, and compete for rewarding prize pools, all while staying within a salary cap system to simulate real-life team management.

The scoring system, based on player performances in categories such as points, rebounds, assists, and steals, provides a realistic and dynamic environment for fans to test their basketball instincts. Whether you're a seasoned fan or a newcomer to fantasy sports, Daily Fantasy promises an immersive journey into the world of basketball.


A Shared Vision for the Future

According to Carlos Molina, Brand Marketing Manager for Daily Fantasy, the addition of Coach Reyes is a pivotal moment for the platform. “The app has brought a new layer of excitement and skill to basketball fandom,” Molina stated. “With Coach Chot as our ambassador, we hope to inspire fans to get in the game, test their coaching instincts, and experience the true thrill of fantasy basketball.”

Daily Fantasy’s partnership with Coach Chot Reyes underscores its commitment to redefining how fans interact with sports. It’s not just about the game; it’s about the strategy, the community, and the shared passion for basketball.
How to Get Started with Daily Fantasy

Joining the Daily Fantasy community is as easy as signing up on the app or website. Here’s a quick guide:Sign Up & Select a Contest: Browse free and paid contests, each offering different prize structures.

Build Your Lineup: Draft an eight-player lineup within the salary cap, strategizing around players’ performances.
Track Your Score: Monitor real-time updates based on your lineup’s stats, including points, rebounds, and steals.
Claim Prizes: Winners receive a share of the prize pool, credited directly to their accounts.

Pro tips include researching player performances, balancing high-value and budget players, and exploring various contest types.


Step Into the Game

Daily Fantasy has reimagined what it means to be a basketball fan in the Philippines, empowering individuals to embrace their inner coach. With Coach Chot Reyes leading the charge, the platform invites everyone to experience the excitement of fantasy basketball like never before.

For more details, visit www.playdailyfantasy.com and take your first step into the thrilling world of virtual coaching and team management.

Karaoke Manekineko Opens Fourth Branch at Future Park Rangsit – Bringing Joy to Rangsit on November 30, 2024!


Karaoke Manekineko opens its newest branch at Future Park Rangsit on November 30, 2024, offering 46 rooms, a wide range of food options, free drink refills, and a cozy ambiance tailored for all customers.  

Karaoke Manekineko, a favorite karaoke destination, is thrilled to announce the grand opening of its fourth branch at Future Park Rangsit on November 30, 2024! This new location on the third floor brings an exciting karaoke experience to Rangsit with 46 spacious, stylish rooms ready for groups of all sizes to enjoy.

Designed to accommodate every type of guest, from families and friends to larger gatherings, this new branch provides an extensive menu selection, including freshly poured draft beer, various dishes, and unlimited drink refills throughout each singing session. The warm ambiance and modern decor of the spacious rooms add an inviting touch, while special “pastel-themed” rooms provide the perfect backdrop for memorable photos.

Guests are invited to join the festivities at the opening, follow Karaoke Manekineko on Line and Facebook for exclusive updates, and get ready to enjoy upcoming promotions tailored to make each visit unforgettable. Join us at Future Park Rangsit and make the grand opening a day to remember!

About Koshidaka International KL Sdn Bhd

Koshidaka International was incorporated in 2021 at Kuala Lumpur, Malaysia as a full subsidiary of Koshidaka Holdings. The company serves as a management consultancy arm for the Karaoke Manekineko operations in Malaysia, Thailand, and Indonesia. Karaoke Manekineko is a friendly and safe environment for Karaoke that is designed to accommodate a diverse range of customers, from families with young children to groups of friends and corporate teams.

This press release has also been published on VRITIMES

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