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Generation Z Yikes that isn’t me! Let’s be in Cahoots! Presented by: Tracy N. Drechsler AVP, College Markets Thrivent Student Resources

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Page 1: Generation Z Yikes that isn’t me! Let’s be in Cahoots! · 2018-04-10 · • Partnered with Thrivent Federal Credit Union to offer leading low cost Private Student Loans, Line

Generation Z Yikes that isn’t me! Let’s be in Cahoots!

Presented by: Tracy N. Drechsler AVP, College Markets

Thrivent Student Resources

Page 2: Generation Z Yikes that isn’t me! Let’s be in Cahoots! · 2018-04-10 · • Partnered with Thrivent Federal Credit Union to offer leading low cost Private Student Loans, Line

• You waited in line for cupcakes?• You have taken a selfie, while waiting in line for cupcakes?• You can text while going the bathroom?• You have instagrammed your text messages?• You are live tweeting this session?• You don’t know what gluten is, but it is definitely bad!• You only know phone with pictures?

How Generation Z Are You?

Page 3: Generation Z Yikes that isn’t me! Let’s be in Cahoots! · 2018-04-10 · • Partnered with Thrivent Federal Credit Union to offer leading low cost Private Student Loans, Line

• What Generation are You?

• Generation Z (IGEN)

• Generation Z and $

• Engaging and Connecting with Generation Z

• Discussion/Questions

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Silent Generation/Traditionalists: 1927 - 1945Baby Boomers: Born 1946 – 1964Generation X: Born 1965 – 1976Millennials/Generation Y: Born 1977– 1995Generation Z/IGEN: Born 1996 - 2014

What’s Next?Alpha Generation

What Generation are YOU?

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Generation Z – More Than 25% of US Population

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1) They have fewer credit cards (Experian 7th annual state of credit)

2) They take on less debt from the get-go3) They expect more from their money (Marcie

Merriman, Executive Director of Growth Strategy at Ernst & Young)

4) They are wary of student loan debt5) They love to save money

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ADEPT RESEARCHERS

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Don’t Mistake IGEN for Millennials

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•They are less narcissistic than Millennials.•They are frugal. •They are more conservative than previous generations.

•They want to change the world for the better.• They are digitally super-connected. •They are driven and entrepreneurial. •They communicate with speed.•They seek [email protected]

Millennials vs. Generation Z Differences

Page 10: Generation Z Yikes that isn’t me! Let’s be in Cahoots! · 2018-04-10 · • Partnered with Thrivent Federal Credit Union to offer leading low cost Private Student Loans, Line

• Who is the better adept researcher (knows where to go to for answers)?

A. Millennials

B. Generation Z

• Would Generation Z prefer to work from home or come into an office?

A. Office

B. Home

• How does Generation Z prefer to communicate (in-person, email, or text)?

A. Email

B. In-person

C. Text

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Video

Page 12: Generation Z Yikes that isn’t me! Let’s be in Cahoots! · 2018-04-10 · • Partnered with Thrivent Federal Credit Union to offer leading low cost Private Student Loans, Line

ENGAGING & CONNECTING With GENERATION Z

Page 13: Generation Z Yikes that isn’t me! Let’s be in Cahoots! · 2018-04-10 · • Partnered with Thrivent Federal Credit Union to offer leading low cost Private Student Loans, Line
Page 14: Generation Z Yikes that isn’t me! Let’s be in Cahoots! · 2018-04-10 · • Partnered with Thrivent Federal Credit Union to offer leading low cost Private Student Loans, Line

× Content× Content× Content

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× Content× Content× Content

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…is achieved when leaders leverage the strengths of all generations, provide up to date resources and tools to benefit all employees and create a culture that encourages and supports people from all different age groups to communicate openly and honestly.

Competitive Advantage

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• Create a knowledgeable workplace that learns from each other.

• Retain knowledge and collaborate.

• Understand each other’s limitations and embrace strengths.

• Inclusive culture not limited by age, personality, learning style, gender, or belief.

Why should we be in Cahoots?

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• Replace One-way communication flow with Multi-dimensional information flow.

• Corporate Lattice: Personal Journey.

• Traditional and Reverse Mentoring.

• Delegation and Accountability.

How do we facilitate successful multigenerational teams?

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• What employees want from their jobs, managers, and workplace experience.

• Loyalty and how to develop it.

• A new definition of Self.

• Self-fulfillment.

• Young people are doing things later.

Page 23: Generation Z Yikes that isn’t me! Let’s be in Cahoots! · 2018-04-10 · • Partnered with Thrivent Federal Credit Union to offer leading low cost Private Student Loans, Line

A not-for-profit helping members be wise with money—especially at the beginning of college. Because when people are more financially secure, they’re free to live more content, confident and generous lives!

• Partnered with Thrivent Federal Credit Union to offer leading low cost Private Student Loans, Line of Credit, ReFi loan and coming soon a Parent Private loan.

• Offering: .25% ACH discount, cosigner release after 24 on-time payments, Past due balance option, and ability to change repayment plan at any time.

• Website to help students prepare, plan and pay for college including GradPath a crowd sourcing platform and $10B private scholarship search

• TSR New School Mindset:• Borrow as little as possible: Not a dollar more, not a penny less.• Have a plan of action to fund your education.• Treat you education as an investment: Calculate your ROI.• Don’t leave free money on the table.

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[email protected] Generation ZRandstadusa.Introducting Generation Zhttp://jasondorsey.com/

Wright State University – Multi-Generational Workforce,Cindy Scisler, Sr. Learning/Development Specialist at Wright State University.

Page 25: Generation Z Yikes that isn’t me! Let’s be in Cahoots! · 2018-04-10 · • Partnered with Thrivent Federal Credit Union to offer leading low cost Private Student Loans, Line

Thank You!Tracy N. [email protected]: 651-587-3612