• Growth Tank founder David Willey.
    Growth Tank founder David Willey.
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Youth marketing and recruiting experts shared some surprising insights on Gen Z workers at the NextGen Breakfast Forum this morning at AUSPACK 2019.

By 2025, Generation Z will comprise more than a quarter of the Australian workforce, and Growth Tank founder and a youth marketing expert David Willey shared his insights on how to connect with this important group.

Gen Z members prioritise positive workplace and culture higher than financial benefits, and place a higher importance on job security and fair pay than their millennial counterparts.

To make this group happy and productive, WIlley says, companies will need to be seen to be ethical, offer clear and structured career progression, and offer them personal (in addition to professional) development opportunities that help them grow as an individual.

They also value regular feedback, flexibility and work-life balance, he says. “Understanding that your employee’s life is more important than their work is key.” 

Presenter PWC Australia’s Justin Ling said the company uses more digital channels than ever to recruit and engage with its younger recruits.

He also noted that alternative pathways to employment are growing, and he predicted that school leaver recruitment will overtake graduate recruitment within five years.

Food & Drink Business

Rumin8 is accelerating its methane reducing feed additive commercialisation progress in New Zealand, garnering $4.4 million (US$3 million) in investment as the company prepares to enter the final trial process.

French food and beverage giant Danone has acquired the UK-based meal replacement and functional nutrition brand, Huel, in a deal reported to be worth approximately €1 billion (AUD$1.2 billion).

The class action against Woolworths Group over the underpayment of salaried store managers has been extended in scope, with the claim period now running through to September 2020 following a Federal Court hearing on 20 March.