Emil, the founder of First Principles Education, has developed a unique approach to helping students become independent learners without relying on traditional tuition methods. This new educational model focuses on nurturing lifelong habits in students and empowering them to take control of their own learning journey. However, like many businesses today, Emil faces the challenge of retaining top Gen-Z talent in his company.
Gen-Z employees are known for their career mobility and willingness to job-hop in search of better opportunities. This trend can be detrimental to a company’s growth plans, as constantly filling gaps left by departing employees can impede progress and hinder team cohesion. To address this issue, Emil has implemented two key principles that have helped his company, which experienced rapid growth in 2023, maintain a balance between employee growth and company expansion.
The first principle involves understanding the needs of clients by having a client join the team. Emil discovered that having a young mother, who also happens to be a Gen-Z, in a leadership role within the company provided valuable insights into the mindset of frustrated parents. This allowed the company to tailor its services to better meet the needs of its clients. By empowering Gen-Z team members and giving them positions of responsibility, Emil believes they can contribute effectively to the company’s success.
The second principle revolves around understanding what Gen-Z employees value in the workplace. Emil emphasizes the importance of meeting their basic needs, such as competitive remuneration packages, to ensure they feel valued and appreciated. Additionally, he stresses the significance of having open and honest conversations with employees about their priorities in life. This approach helps create a work environment that aligns with the personal goals and values of Gen-Z employees.
Emil also highlights the importance of offering flexibility, such as a work-from-home arrangement, to accommodate the personal goals and commitments of Gen-Z employees. Overcoming obstacles, such as client expectations for traditional in-person meetings, requires educating clients on the benefits of online interactions. By prioritizing the well-being and personal goals of employees, companies can attract and retain top Gen-Z talent who are better equipped to deliver high-quality work for clients.
In conclusion, Emil believes that taking care of employees is essential for the success of a business. By creating a work environment that values and respects the priorities of Gen-Z employees, companies can foster a culture of loyalty and commitment that benefits both employees and clients. Through his innovative approach to employee retention and growth, Emil has found a way to navigate the challenges of a rapidly changing job market while ensuring the success of his educational technology company.
