According to Suzy Welch, a professor at the NYU Stern School of Business, young people in Generation Z who prioritise remote work and work-life balance may face limitations in their ability to attain top executive positions and earn the same financial rewards as their hardworking peers. Although many Gen Zers view work-life balance as their personal definition of success, Welch notes that there are trade-offs to rejecting the hustle culture that is prevalent in many industries. By opting for a remote work arrangement, young people may miss out on the benefits of traditional office settings and may not develop the same connections and networks that can lead to career advancement.
Welch's comments are echoed by other professors at NYU, including Scott Galloway, who have advised against spending too much time at home, as this can hinder professional and personal growth. Despite this, a 2023 survey by Deloitte found that nearly half of millennials and Gen Zers consider work to be central to their identity, yet they still seek greater work-life balance. These attitudes are reflected in trends emerging on social media, where "lazy-girl jobs" and low-stress careers with high pay are being promoted.
However, Welch cautions that those who pursue these lifestyles may be in for a rude awakening later in life when they realise they are not achieving the same financial success as their hardworking peers. Success in any field requires effort, dedication, and trade-offs, and this is especially true for those who seek executive positions.
Welch also advises young people to confront their anxieties and stresses head-on, as these emotions are a natural part of adulting. Although anxiety disorders are a serious issue, she distinguishes them from the more common "garden variety anxiety" that people experience in everyday life. Making tough decisions about balancing work and personal life is a necessary part of growing up, and it is crucial for young people to be prepared for the trade-offs that come with this process.
Ultimately, success is a personal definition that each individual must define for themselves. However, it is important for young people to recognise that pursuing work-life balance and remote work may come with trade-offs that could hinder their professional growth. Success requires effort and sacrifice, and it is crucial for Gen Zers to be prepared to face these challenges head-on.