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GEN Y AND THE 
WORLD OF WORK 
A report into the workplace needs, 
attitudes and aspirations of Gen Y Netherlands 
1 GEN Y AND THE WORLD OF WORK 
NETHERLANDS
CONTENTS FOREWORD 
For such a relatively small nation, the Netherlands 
punches well above its weight. With a population 
of 16.7 million and a land mass of just 33,730 sq. km 
(about twice the size of the state of New Jersey 
in the US), it may come as some surprise to know 
that the Netherlands possesses the eighth most 
competitive economy in the world according to the 
World Economic Forum.1 Impressively, the country 
also ranks fourth in the United Nation’s Human 
Development Index,2 and fourth in the World 
Happiness Report issued by the United Nations 
Sustainable Development Solutions Network.3 
The glowing reputation of the Netherlands doesn’t 
end there. The country also boasts a very favourable 
employment environment, being one of the best places 
among developed nations for work-life balance and with 
an average household disposable income of US$29,697 
(way above the OECD average of US$23,938).4 
These prosperous conditions have their roots in a long 
history of profitable Dutch business. Beginning with the 
prosperity generated by international merchant trading 
(most notably through the Dutch East India Company) 
in the seventeenth century, a Dutch affinity with trade 
and business continues today. The Netherlands is home 
to some of the world’s most ubiquitous businesses and 
brands such as Unilever, Philips and Heineken. Alongside 
these established companies, many organisations 
are springing up. The Dutch government is seeking to 
improve the nation’s start-up ecosystem in recognition 
of the fact that these new businesses account for 
a large part of job growth in the Netherlands.5 
With this background, Gen Y Netherlands have 
developed unique expectations of their life and work. 
Many of them have had to begin employment in less 
desirable jobs, making them hungry for enjoyable, 
interesting and challenging work. They also display 
some very typical Dutch cultural preferences, such 
as an appreciation for sociability, which is reflected in 
their desire for a fun working environment and a social 
life around work. But work is not just about socialising 
for Gen Y Netherlands: this group show strong signs 
of initiative and self improvement, making them 
keen to follow in the footsteps of the accomplished 
Dutch businesspeople that have gone before them. 
Our report which follows is based on the answers 
given by 1,000 respondents from Gen Y Netherlands. 
We asked them questions around several key areas of 
employment. They were asked about their attitudes to 
issues surrounding their work and careers. We wanted 
to know what attracts them to a potential employer and 
what makes them stay in a job. We asked what they look 
for in an ideal boss and what they regard as markers 
of success in their careers. We explored their attitudes 
to changing jobs and starting their own businesses. 
We also asked about their use of social media that is 
transforming the way people throughout the world 
communicate both at work and in their leisure time. 
Reading this report will give you a detailed picture 
of Gen Y Netherlands: what they are looking for 
in a job, how to motivate them and what they can 
bring to your business. We’ve also looked beneath 
the survey results and offer practical insight and 
support to the HR community, line managers 
and business leaders as they seek to engage 
and motivate this segment of the workforce. 
James Cullens 
Group HR Director 
Hays 
FOREWORD 3 
SUMMARY OF OUR RESEARCH 4 
1. GEN Y NETHERLANDS AND THE WORLD OF WORK 6 
2. LEADERSHIP 10 
3. ENTREPRENEURSHIP 14 
4. ATTRACT 16 
5. RETAIN 20 
6. TECHNOLOGY AND SOCIAL MEDIA AT WORK 24 
ABOUT HAYS 26 
SELECT BIBLIOGRAPHY 27 
2 GEN Y AND THE WORLD OF WORK GEN Y AND THE WORLD OF WORK 3
SUMMARY OF OUR RESEARCH 
ABOUT OUR SURVEY 
For our thirteenth Hays report on 
the needs and aspirations of Gen Y 
worldwide, we asked young people 
in the Netherlands to tell us how 
they see their future at work. 
A total of 1,000 members of Gen Y 
Netherlands answered our survey. 34 per 
cent are students or in full time education, 
ten per cent are unemployed and a 
further 24 per cent are working part time. 
Only 25 per cent are working full time, the 
lowest out of any country we surveyed. 
It seems that, among this generation, a 
full time career starts later than for most. 
This research explores what young Dutch 
people look for in the world of work, what 
kind of career they aspire to, the rewards 
they expect and what gives them job 
satisfaction. It throws light on the kind of 
working environment they seek and the 
qualities they look for in their bosses. 
Finally the research reveals some 
insights into the way Gen Y Netherlands 
relate to social media and technology. 
The findings are invaluable for HR 
departments and organisations seeking 
to recruit, motivate and retain Gen Y 
Poland as part of their workforce. 
GENDER SPLIT 
Male 
46% 
Female 
54% 
AGE SPLIT 
9.9% 
7.9% 8.2% 7.0% 6.9% 7.6% 7.2% 6.3% 7.4% 8.9% 7.9% 9.4% 
18 19 20 21 22 23 24 25 26 27 28 29 30 
REGIONAL 
REPRESENTATION 
5.4% 
YEARS IN WORK 
17.9% 
0–12 months 
9.8% 
13–24 months 
8.7% 
25–36 
months 
39.0% 
Over 3 years 
3.1% 
Not started 
working since 
completing 
full time 
education 
21.5% 
Still in 
full time 
education 
CURRENT WORKING STATUS 
34.2% 
Student/ 
in full time 
education 
15.7% 
Working full 
time—in first 
full time job 
(40 hours per 
week or more) 
23.5% 
Working part 
time (up to 
40 hours 
per week) 
9.7% 
Unemployed 
and looking 
for work 
8.9% 
Working full 
time—not first 
full time job 
(40 hours per 
week or more) 
2.0% 
Intern 
6.0% 
Other 
PROFILE OF RESPONDENTS 
A total of 1,000 18–30-year-olds living in the Netherlands answered our survey. Nearly one quarter are working 
part time, and 34 per cent are still students/in full time education. Very few (five per cent) run their own business. 
Our respondents come from all over the Netherlands, and those in work cover a wide number of sectors. 
46.5% 
21% 
South Netherlands 
32.5% 
West Netherlands 
North & East Netherlands 
4 GEN Y AND THE WORLD OF WORK GEN Y AND THE WORLD OF WORK 5
Current demographic trends in the 
Netherlands put the onus on employers 
to meet or exceed these expectations. 
The Dutch workforce is aging, so with 
fewer employees coming into the job 
market, attracting and retaining the 
services of Gen Y Netherlands becomes 
extremely important. And we’ve discovered 
some interesting points about this 
group that will prove useful in building 
employee value propositions—Gen Y 
Netherlands are very well educated, 
show plenty of initiative, but they aren’t 
just motivated by money. They thrive on 
challenging and interesting work too. 
VALUE PLACED ON 
PERSONAL RELATIONSHIPS 
AND EQUALITY 
Dutch politics is famed for what has 
become known as the Polder Model—a 
consensus-based approach to decision-making. 
This approach is also influential 
in Dutch business, where relatively flat 
organisational structures prevail.6 Dutch 
business leaders too typically adopt a 
consensus-based style; they’re usually 
impatient of formal hierarchies and 
want individuals to share their opinion 
in meetings.7 It seems that our Gen Y 
Netherlands sample are familiar and 
comfortable with this approach to work 
and leadership. They want a relatively 
familiar relationship with their boss. 
1. GEN Y NETHERLANDS AND 
THE WORLD OF WORK 
Gen Y Netherlands have been born into a nation 
with an impeccable working environment. 
As we’ll see, the Netherlands compares very 
favourably to other nations, particularly with 
regard to work-life balance—something that’s 
highly valued by the Dutch. With this background, 
Gen Y Netherlands have high expectations of 
employers as they embark on their careers. 
GEN Y NETHERLANDS’ 
IDEAL BOSS: 
49% 
CONFIDANT/ 
49% 
CONFIDANT/ 
DISCUSS PRIVATE & 
WORK MATTERS 
DISCUSS PRIVATE & 
WORK MATTERS 
49% 
COACH/MENTOR 
49% 
COACH/MENTOR 
22% 
ADVISOR 
22% 
ADVISOR 
Just under half (49 per cent) want a boss 
who is a coach/mentor, a very similar 
preference to the Gen Y cohorts we 
surveyed in other European countries. An 
equal proportion (49 per cent), are looking 
for a boss they can confide in and discuss 
private as well as work matters. Perhaps 
Gen Y Netherlands’ desire for a personal, 
equal relationship with their bosses is 
most clearly expressed in a quarter who 
see their ideal boss as a peer. This is 
the highest among all Gen Y groups we 
surveyed worldwide. These preferences 
indicate that Gen Y Netherlands are much 
more likely to respond to leadership 
that invests in them in a personal way, 
rather than being distant and directive. 
But it should be noted that Gen Y 
Netherlands’ management preferences 
26% 
LEADER 
26% 
LEADER 
9% 
DIRECTOR/ 
ALLOCATOR 
OF WORK 
9% 
DIRECTOR/ 
ALLOCATOR 
OF WORK 
are not all about familiarity. They 
still appreciate more conventional 
leadership characteristics such as 
the ability to motivate (49 per cent) 
and decisiveness (31 per cent). 
STRONG ON INITIATIVE BUT 
NOT SELF-EMPLOYMENT 
Dutch business acumen put the 
Netherlands on the map in the 17th 
century with an explosion in international 
merchant trading. This same business 
awareness has kept the Netherlands as a 
major player in the global corporate world. 
Some of the world’s biggest companies 
are still headquartered there. While we 
have found that Gen Y Netherlands aren’t 
particularly enthusiastic about self-employment, 
they still appear to have 
7% 
FRIEND 
7% 
FRIEND 
25% 
PEER 
25% 
PEER 
the necessary initiative to succeed in the 
business world, just like their forebears. 
Gen Y Netherlands’ desire to own their 
own business is among the lowest of all 
the countries we surveyed (only seven 
per cent say this is one of their main 
career objectives). However, when it 
comes to taking control of their work, this 
cohort scores highly—55 per cent want 
autonomy in what they do. This is perhaps 
good news for employers—the brightest 
minds of this group are not particularly 
likely to use their talents to run their own 
business, but are still willing to take clear 
ownership over their own projects at work. 
A similar degree of initiative is displayed 
in Gen Y Netherlands’ interest in further 
study. 94 per cent are willing to study or are 
INTERNATIONAL 
WORK OPPORTUNITIES 
39.6%HAVE NO INTEREST IN 
INTERNATIONAL WORK 
WORKING IN NETHERLANDS BUT WITH INTERNATIONAL TRAVEL 
18.5% 
WORKING IN NETHERLANDS BUT ON INTERNATIONAL PROJECTS 
16.2% 
ANY KIND OF INTERNATIONAL TRAVEL 
13.2% 
WORKING AND LIVING OVERSEAS 
12.5% 
6 GEN Y AND THE WORLD OF WORK GEN Y AND THE WORLD OF WORK 7
1. GEN Y NETHERLANDS AND 
THE WORLD OF WORK 
SATISFACTION 
AT WORK: 
53% 49% 37% 35% 32% 
FEELING VALUED 
AND APPRECIATED 
VARIED/INTERESTING 
WORK 
already studying for further professional 
qualifications. Of those who are willing to 
study further, 37 per cent would do so if it 
helped them progress more quickly in their 
careers. When combined with the fact that 
45 per cent see training and development 
as one of the most important factors 
when choosing a job, the picture emerges 
of a group that want to progress in their 
careers and take charge of their work. 
JOBS SHOULD BE FUN 
AND FLEXIBLE 
The employment environment of the 
Netherlands fares well when compared 
to other nations. It has the fourth best 
work-life balance and the second lowest 
number of people who work long hours 
among all OECD countries.8 It’s also 
financially favourable—the Netherlands 
ranks seventh for personal earnings in the 
OECD’s Better Life Index and GDP per 
capita is high at US$45,960 (compared 
to US$38,919 in the UK).9 With good 
FEELING YOU HAVE 
MADE A POSITIVE 
CONTRIBUTION 
work-life balance and financial reward 
already an established part of the Dutch 
working environment, it’s not surprising 
that Gen Y Netherlands are looking for 
something more: specifically, a workplace 
that’s fun and with plenty of flexibility 
around working hours and location. 
FINANCIAL 
REWARD 
61 per cent say they want fun and social 
interaction in the workplace (by far the 
highest proportion among all the countries 
we surveyed). 45 per cent also say that 
social life around work is an important 
aspect of the office environment. As 
we’ll see, these preferences are an 
expression of the value the Dutch place 
on sociability and togetherness. 
Just behind the importance of a fun 
workplace comes flexibility: Gen Y 
Netherlands come top among all 
the countries we surveyed in their 
desire for the possibility of working 
from home (40 per cent) and flexible 
working hours (53 per cent). 
LEARNING AND 
DEVELOPMENT 
Just as revealing is what this cohort isn’t 
particularly looking for in a job. Only 23 
per cent say that benefits offered are 
important when deciding to work for a 
potential employer, the lowest among all 
the countries we surveyed. This perhaps 
suggests that in the context of such a 
favourable working environment, Gen Y 
Netherlands assume good benefits to be 
a part of any decent employment offer. 
ENJOYABLE AND INTERESTING 
WORK CONTRIBUTES 
TO CAREER SUCCESS 
The population of the Netherlands is 
aging, which means that the number of 
new entrants to the Dutch labour market 
is decreasing. The demand for Gen Y 
Netherlands’ services is therefore likely 
to outstrip supply, making retention of 
Gen Y Netherlands hugely important for 
employers. Our sample give us some good 
pointers on the things most likely to keep 
members of this cohort in a job. They’re 
MOST IMPORTANT TOOLS WHEN 
LOOKING FOR A NEW JOB 
48% THINK IT IS MOST 
23% 
HAVING A COMPLETE 
PROFILE ON LINKEDIN 
clear that enjoyment of work is what 
they want most from their careers rather 
than money. Their responses also tell us 
that interesting work with a good dose 
of challenge will keep them engaged. 
76 per cent, by far the highest proportion 
among all the countries we surveyed, say 
that achieving job satisfaction/enjoying 
work is what best defines career success for 
them. It’s been suggested that youth in the 
Netherlands are using less desirable, less 
secure short-term contracts as a stepping-stone 
towards the careers they want and 
it’s quite possible that this experience has 
taught them the value of enjoyable work.10 
Our survey also delved deeper into what 
exactly constitutes satisfying work for 
Gen Y Netherlands. Just under half (49 
per cent) with some work experience 
say that varied and interesting work is 
what gives them most satisfaction in 
their jobs. Furthermore, more than one 
in three (36 per cent) say that to be 
IMPORTANT TO 
HAVE A ONE OR 
TWO-PAGE CV 
12% 
HAVING 
RECOMMENDATIONS 
ON LINKEDIN 
challenged constantly is what they want 
most from their work, the highest number 
among all the countries we surveyed. 
PROLIFIC SOCIAL MEDIA USERS 
The Netherlands ranks first worldwide in 
terms of internet penetration for social 
networks Facebook and LinkedIn.11 
Research also shows that the average 
smartphone user in the Netherlands is 
getting younger, with almost a third being 
students in Q3 2013.12 In light of all this, it’s 
no surprise to find that Gen Y Netherlands 
are prodigious users of social media. So 
prodigious, in fact, that it runs the risk of 
encroaching on their work life. However, 
despite their affinity with technology, our 
findings also show that they acknowledge 
the role traditional communications will 
continue to play, particularly in recruitment. 
Gen Y Netherlands has the highest number 
(63 per cent) who say that social media 
is distracting at work. Conversely, they 
7% 
HAVING AN ACTIVE 
FACEBOOK PROFILE 
have the lowest number who can’t resist 
looking at work emails on holiday (22 per 
cent) and the fewest who find it hard to 
switch off from work at weekends due 
to constant connectivity (22 per cent). 
This combination of findings suggests 
that for Gen Y Netherlands technology 
is causing their social lives to encroach 
on work, rather than vice versa. 
Given their avid use of social media, it 
may come as some surprise that Gen Y 
Netherlands still see more traditional forms 
of communication holding sway in the 
workplace. Two thirds say email will be the 
most common form of communication 
in the workplace five years from now 
and 57 per cent say mobile phone calls. 
Similarly, when it comes to recruitment, 
the CV is still the most important thing 
to have (by far) when looking for a new 
job according to Gen Y Netherlands. 
8 GEN Y AND THE WORLD OF WORK GEN Y AND THE WORLD OF WORK 9
MOST IMPORTANT 
QUALITIES IN A 
WORKPLACE LEADER: 5 
KNOWLEDGEABLE/ 
EXPERT 
49% 
SUPPORTIVE 
33% 
FAIR 
45% 
This predilection for consensus is 
accompanied by relatively flat organisational 
structures.23 The classic Dutch leader is 
often described as impatient of formal 
hierarchies,24 and individuals are expected 
to share their opinion in meetings as each 
person is seen to hold information that is 
valuable to the company.25 When doing 
so, individuals are expected to speak 
plainly—communication in the Dutch 
workplace is often direct and evasiveness 
is disliked.26 The results of our survey show 
that the preferences of Gen Y Netherlands 
sit relatively well with prevailing Dutch 
leadership styles and business culture. They 
want a boss who treats them as an equal but 
they also expect him or her to be decisive. 
PERSONAL RELATIONSHIPS 
PREFERRED TO DIRECTIVE 
MANAGEMENT 
The prevailing consensus-based approach 
to decision-making seems to have had an 
influence on Gen Y Netherlands’ managerial 
preferences. This group seem to look for 
egalitarian working hierarchies, and a 
personal relationship with management. 
When asked about their ideal boss, just 
under half of our sample (49 per cent) 
would describe them as a coach/mentor. 
DECISIVE 
31% 
This groups Gen Y Netherlands with their 
contemporaries in the other European 
countries we surveyed, with over 40 per cent 
of the Gen Y cohorts in Sweden, France, UK 
and Germany all choosing this same style 
of management. Their desire for a more 
egalitarian relationship with their boss is also 
seen in what they don’t want—only nine per 
cent describe their ideal boss as an allocator 
of work. It appears that Gen Y Netherlands 
are unlikely to function well under a 
manager who simply gives instruction. 
Equal to Gen Y Netherlands’ desire 
for a coach/mentor as a leader is their 
preference for someone they can confide 
in/discuss private matters with. The high 
value they place on this distinguishes 
them from their European peers. 49 per 
cent of our respondents say that this is 
the way they see their ideal boss. This 
is by far the highest number among all 
European countries we surveyed. It seems 
that Gen Y Netherlands want a boss who 
can be a mentor to them not just in work 
matters but also in their personal lives. 
We also found that a full quarter see their 
ideal boss as a peer, which is the highest 
among all Gen Y cohorts we surveyed 
worldwide. Gen Y Netherlands appear to 
want to relate to their boss as an equal, 
2. LEADERSHIP 
A 1998 GLOBE study on the Netherlands’ culture and politics remarked that the 
Dutch have a conspicuously low number of commemorative statues in the country, 
which is suggested to be a reflection of a collective, rather than individual, focus. 
“In Dutch culture,” says Henk Thierry of Tilburg University, “outstanding individuals 
are usually not identified in terms of being a hero: it runs counter to important 
values and habits to attribute unusual performance mainly, let alone exclusively, 
to individual characteristics.”13 Indeed, there are several commonly used Dutch 
proverbs that warn against trying to stand out from the crowd. An amusing 
example translates as ‘Don’t stick your head above the lawn, or it’ll get mown off’.14 
This outlook has not prohibited Dutch 
business from flourishing, however. Some of 
the world’s leading brands were established 
in the Netherlands and remain under Dutch 
leadership today. Pioneering companies 
such as Unilever, KLM, Heineken, Philips and 
Royal Dutch Shell are just some examples 
of enduring Dutch business success. 
Behind these different stories of success 
lies a business culture borne out of the 
historical Dutch belief in the importance 
of consensus and group contribution 
rather than individual achievement.15 
The prevailing management style in the 
Netherlands, therefore, is one that does 
not focus on top-down decision-making 
processes. It is commonly suggested 
that the Dutch are keen for all interested 
parties to be happy before any firm 
decisions are made,16 and this approach 
has been broadly described as the ‘polder 
model’,17 relying on an ‘ingrained culture 
of cooperation and consultation.’18 
Whilst the polder model has resulted 
in positive outcomes, such as good 
relationships between businesses and 
trade unions,19 striving for consensus 
has its drawbacks. Decision-making can 
often be slow as a result, with overly 
frequent meetings not uncommon. Whilst 
acknowledging the positive side of seeking 
consensus, German business writer Jacob 
Vossestein expresses his frustration with the 
Dutch tendency for numerous meetings by 
commenting that “it becomes a charade, a 
ritual, sponsored by coffee producers.”20 
ABLE TO 
MOTIVATE 
OTHERS 
49% 
Some argue that the polder model is 
simply a strong desire for consensus 
but as John Peet observes in The 
Economist, it was clearly expressed in 
the institutional arrangements of the 
Netherlands after the Second World 
War.21 The private Labour Foundation, 
consisting of representatives of 
both employers and employees 
(commonly called ‘social partners’), 
was established first. Then in 1950, 
the government set up the public 
Social and Economic Council, which 
has government representatives 
on it as well. Peet observes that 
consensus and decentralisation are 
also built into the fabric of the Dutch 
political system. The Dutch republic 
was based on consensus among 
the seven provinces that initially 
made up the United Provinces. 
This consensus-based approach 
is reflected today in the Dutch 
parliament where proportional 
representation and the lack of any 
threshold before a party can gain 
parliamentary seats mean that there 
are many parties in parliament and 
governments are often coalitions.22 
GEN Y NETHERLANDS’ 
IDEAL BOSS: 
26% 
LEADER 
49% 
CONFIDANT/ 
DISCUSS PRIVATE & 
WORK MATTERS 
49% 
COACH/MENTOR 
22% 
ADVISOR 
9% 
DIRECTOR/ 
ALLOCATOR 
OF WORK 
7% 
FRIEND 
25% 
PEER 
10 GEN Y AND THE WORLD OF WORK GEN Y AND THE WORLD OF WORK 11
2. LEADERSHIP 
where their views are respected and 
valued regardless of seniority. It doesn’t 
look like they will respond well to directive 
or distant management! This seems 
to fit with the prevailing business and 
political culture in the Netherlands.27 
TRANSPARENCY EXPECTED 
AND VALUED IN LEADERS 
When it comes to the qualities they value 
most in a workplace leader, a quarter of 
Gen Y Netherlands say transparency and 
openness, which is joint highest among all 
the countries we surveyed (along with their 
neighbours Germany). The Netherlands 
has a reputation for being one of the least 
corrupt nations in the world—the country 
ranked eighth worldwide in Transparency 
International’s Corruption Perceptions 
Index for 2013.28 Dutch people don’t 
consider corruption to be a major problem 
in the Netherlands,29 and it seems that 
Gen Y Netherlands value this and expect 
their workplace leaders to live up to it. 
MOTIVATION AND 
DECISIVENESS STILL 
IMPORTANT 
Even though Gen Y Netherlands appreciate 
egalitarian relationships with their bosses, 
they also value some fairly traditional 
characteristics. Just under half (49 per cent) 
think that the ability to motivate others 
is important in a workplace leader and 31 
per cent value decisiveness. This latter 
finding sets Gen Y Netherlands apart from 
their contemporaries in Western Europe 
(only Gen Y Japan, Poland and China rate 
decisiveness more highly among all the 
countries we surveyed). This is perhaps a 
reflection of the Dutch tradition of direct 
communication and contribution to the 
decision-making process, and may be a 
trait valued in all colleagues rather than just 
leaders. Muriel Arts, co-founder of the SEAL 
Institute and former Unilever employee says: 
“The Dutch have a capacity to see a dilemma 
for what it is and look for solutions… 
During my time [at Unilever], it was often 
the Dutch who would set the direction 
and have strong opinions on issues.”30 
IMPLICATIONS FOR HR 
Our survey indicates that Gen Y 
Netherlands want decisive, but not 
overbearing, leadership from their 
bosses. Companies will need to find 
managers who can combine decisive, 
transparent, motivational leadership 
with a willingness to involve Gen Y 
Netherlands employees in a personal way. 
But perhaps one of the most profitable 
ways that organisations can foster good 
relations between Gen Y Netherlands 
employees and their bosses is to put well-structured 
mentoring schemes in place. By 
the same token, employers should ensure 
that managers know they must invest in 
Gen Y Netherlands employees, listen to 
them, and not just act as allocators of work. 
It will also be important for Gen Y 
Netherlands to understand how their 
preferences differ to those of other 
nationalities too, especially for leading 
or participating in cross-cultural 
teams and working environments. 
: 
12 GEN Y AND THE WORLD OF WORK GEN Y AND THE WORLD OF WORK 13
3. ENTREPRENEURSHIP 
The Dutch have been successful entrepreneurs and traders for centuries, ever 
since the rapid development of international merchant trading in the Dutch 
Golden Age of the 17th century. Even today, the economy of the Netherlands 
is dependent on foreign trade and derives more than 65 per cent of its GDP 
from both port activities and merchandise exports. The port of Rotterdam 
is the largest port in Europe and the third busiest in the world.31 
ENTREPRENEURIAL 
INTENTIONS: 
5% ARE SELF 
50% 
EMPLOYED/HAVE 
THEIR OWN 
BUSINESS 
ARE NOT 
INTERESTED IN 
HAVING THEIR 
OWN BUSINESS 
This tradition of business activity has continued 
into the 21st century and the Netherlands is 
now fertile ground for start-up enterprises. It 
benefits from Europe’s fastest internet speed 
and second-highest broadband penetration32 
and Martijn Groot, co-founder of Dutch startup 
Peecho, a print company, observes: “The 
cloud is connecting Amsterdam start-ups in 
the way the ocean did in the 15th century.”33 
Amsterdam, along with Utrecht, is considered 
to be a creative centre and the cities of 
Rotterdam, Delft and The Hague are known 
38% 
7% 
WOULD CONSIDER 
HAVING THEIR 
OWN BUSINESS IN 
THE FUTURE 
AGREE THAT 
HAVING THEIR 
OWN BUSINESS IS 
THEIR MAIN 
CAREER OBJECTIVE 
as technology hubs.34 Eindhoven also stands 
out as the home of High Tech Campus, a 
world-renowned R&D ecosystem. Along with 
the country’s competitive tax regime, which 
includes an effective business tax rate of five 
per cent and a research and development 
allowance,35 these factors have combined 
to make the Netherlands one of the most 
entrepreneurially appealing countries in the 
world. The country ranked ninth on the Global 
Entrepreneurship Development Index 2014.36 
The High Tech Campus in Eindhoven, 
described as ‘the smartest square 
kilometre in the world’,37 is an 
organisation that aims to drive free 
sharing of ideas and facilitation of 
research and development of new 
technologies, environmental work 
and smart business. It comprises 
over 125 companies and institutes 
with 10,000 engineers, researchers 
and entrepreneurs. Companies 
from this campus are responsible 
for nearly 40 per cent of all Dutch 
patent applications.38 Companies 
associated with it include Accenture, 
Capgemini, IBM and Intel.39 
And the Dutch government is set to 
introduce legislation that will further improve 
the Netherlands’ start-up ecosystem.40 
Anne-Wil Lucas, the MP who proposed the 
legislation, says: “Start-ups make up for a 
lot of jobs, 60 per cent of the job growth 
comes from companies that didn’t exist five 
years ago. It’s only normal that we focus 
on those companies that can bring growth 
and job growth to the Netherlands.”41 
But despite such favourable conditions for 
entrepreneurs, our Gen Y Netherlands sample 
don’t appear to have much enthusiasm 
for starting their own businesses or for 
international travel with work compared 
to their peers elsewhere. That isn’t to say, 
however, that this generation don’t have 
initiative or a desire for self-improvement. 
They are very willing to engage in further 
study when in work, especially if it brings 
them progression in their careers, more 
money or professional recognition. 
SELF-EMPLOYMENT 
NOT A PRIORITY 
Only seven per cent of Gen Y Netherlands 
say that having their own business is one 
of their main career objectives; this is the 
lowest proportion among all the countries 
we surveyed (the cross-country average 
is 19 per cent). Similarly, half of them 
say they are not interested in working 
for themselves (second fewest overall 
after Gen Y Japan at 58 per cent). 
As discussed previously, the Dutch language is 
littered with idioms and proverbs discouraging 
individuals from trying to rise above the 
rest.42 While business, innovation and 
entrepreneurship thrive in the Netherlands, 
the focus is not on the individual, and 
perhaps this cultural reluctance to stand 
out or break with normality may partly 
account for the lack of enthusiasm for self-employment 
among Gen Y Netherlands. 
Even though self-employment isn’t a priority 
for the majority of Gen Y Netherlands, 
this shouldn’t be interpreted as a lack of 
initiative. Over half of them (55 per cent) 
want autonomy in their work. Companies 
should take this as an encouraging sign—they 
don’t want to run their own business, but 
they do want to take charge of their work. 
LITTLE INTEREST IN 
INTERNATIONAL WORK 
Our sample are also relatively uninterested 
in international work. 40 per cent say they 
are not interested in any international 
opportunities, which is the second highest 
proportion of all the countries we surveyed 
94% ARE STUDYING OR ARE 
WILLING TO STUDY 
FURTHER THROUGHOUT 
THEIR CAREER 
(just behind Gen Y Japan at 44 per cent). 
Only 13 per cent would like to live and work 
overseas, and just over one in three (35 
per cent) are interested in working in the 
Netherlands with some international travel 
or on international projects (far below the 
cross-country average of 44 per cent). 
Impressively, the Netherlands is ranked 
third by the OECD in terms of earnings, job 
security and employment, and fourth in 
terms of work-life balance.43 Along with the 
vast amount of international trade coming 
through Rotterdam, perhaps these favourable 
conditions mean that Gen Y Netherlands don’t 
see any need to go abroad for work because 
they see so much opportunity at home. 
MAJORITY WILLING TO 
STUDY FOR ADDITIONAL 
QUALIFICATIONS 
The Netherlands ranks in the top ten 
OECD countries in terms of education 
standards44 and has an enormous 76 per 
cent enrolment rate in tertiary education, 
far above the world average of 30 per 
cent.45 It seems that this academic start in 
life has an impact on Gen Y Netherlands, 
and their thirst for knowledge does not 
stop when they leave school or university. 
Our sample are very interested in further 
study. 94 per cent of them are willing to 
study or are already studying for additional 
professional qualifications. Of these, more 
than one in three (37 per cent) say they would 
do so if it helped their career progress more 
quickly and one in four if it meant they could 
earn more money. Clearly Gen Y Netherlands 
are willing to study in order to get ahead, 
especially in view of the fact that for almost 
half of them (45 per cent), training and 
development is one of the most important 
factors for them when choosing a job. 
Our survey also explored the reasoning 
behind Gen Y Netherlands’ desire for further 
study. Interestingly, 19 per cent would study 
for additional qualifications if it meant they 
received more recognition at work. This 
puts Gen Y Netherlands joint second overall 
with Japan for this motivation (just one per 
cent behind China and Brazil). When viewed 
with some of our other findings, it appears 
that recognition is quite important to Gen Y 
Netherlands. Just under one in three (31 per 
cent) say achieving professional recognition is 
what defines career success and just over one 
in three (36 per cent) say personal recognition 
is what they want most from their career. 
IMPLICATIONS FOR HR 
Even though Gen Y Netherlands are not 
particularly entrepreneurial compared to their 
peers in other countries, this group should not 
be dismissed as lacking initiative. Not only do 
they want autonomy in their work but they are 
also eager to improve their prospects by taking 
part in further training and development. 
In fact, it is probably good news to 
companies looking to bring in the best 
of this young talent pool. The brightest 
minds are not as likely to start their own 
business as elsewhere, and can instead 
be attracted to working for organisations 
that offer them the right environment. 
To get the best out of Gen Y Netherlands, 
employers should give them the opportunities 
to run their own projects and look after their 
own deadlines. Companies can also foster 
this cohort’s desire to improve their prospects 
by providing or sponsoring training which 
helps progress their careers where possible, 
and encouraging a culture of continuous 
learning. It will also be important to spend 
time on developing appropriate financial and 
non-financial tools to address their desire for 
recognition, given the importance of this in 
defining career success for Gen Y Netherlands. 
14 GEN Y AND THE WORLD OF WORK GEN Y AND THE WORLD OF WORK 15
TOP FIVE FACTORS WHEN 
DECIDING ON A POTENTIAL 
EMPLOYER: 
FUN / SOCIAL INTERACTION 
61% 
TRAINING AND DEVELOPMENT 
45% 
FLEXIBILITY 
43% 
BENEFITS OFFERED 
23% 
ONGOING STUDY OPPORTUNITIES 
21% 
countries we surveyed, nine per cent 
more than the next highest Gen Y cohort 
(Japan). 45 per cent also say that social 
life around work is important to them 
in terms of the work environment, with 
Gen Y Netherlands second only to their 
German peers in this preference. 
Taken together, these findings 
present Gen Y Netherlands as a very 
sociable group. This is perhaps partly 
explained by an important aspect of 
Dutch culture—gezelligheid. There 
is no direct translation for this word 
but it refers to a kind of togetherness, 
conviviality or social intimacy that is 
highly valued in the Netherlands.50 
DESIRE FOR FLEXIBILITY 
AND AUTONOMY 
Gen Y Netherlands’ appreciation for 
sociability in the workplace is followed by a 
desire for flexibility. They come out on top 
among all the countries we surveyed both 
in their preference for the possibility of 
working from home (40 per cent, equalled 
only by Gen Y Brazil) and the possibility 
of working flexible hours (53 per cent, 
equalled only by Gen Y Australia). Flexible 
working arrangements are one way to 
ensure a work-life balance is maintained 
and it may be that Gen Y Netherlands are 
aware of their country’s good reputation 
for reasonable working conditions, 
and are keen to see this continued. 
Contrary to many other Western 
countries, the Netherlands has 
made significant efforts to 
reduce the working hours of the 
population since the 1980s. In 1982 
the Wassenaar Arrangement was 
signed by both employers and 
unions, which led to restrained 
wage growth in exchange for lower 
working hours and expanded part 
time employment opportunities. 51 
This did not have the negative 
effect on the economy many would 
have expected—in fact, it is argued 
that it was one of the key catalysts 
in the Dutch economic turnaround 
known as the ‘Dutch Miracle’. 
Unemployment fell from 12 per cent 
to five per cent, while the average 
work week was cut by three hours.52 
The changes did not end there. In 
2000, the Dutch parliament passed 
the Working Hours Adjustment Act. 
According to this law, workers who 
have been with a company more 
than a year can request an increase 
or decrease in working hours, and 
the employer can only refuse if they 
can prove it would cause significant 
financial difficulty for the firm.53 
Employees that do this retain 
their rights in terms of hourly pay, 
holiday, pensions and sick leave. 
They are also expected to be 
considered fairly for other jobs and 
promotion. This law is especially 
important to working parents 
wishing to spend more time with 
their children, but is indicative of a 
wider trend in the Netherlands to 
create a better work-life balance.54 
Perhaps related to the desire to choose 
their working hours and location is the 
fact that over half of Gen Y Netherlands 
(55 per cent) rate autonomy as an 
important part of a working environment. 
This is once again the highest proportion 
4. ATTRACT 
Gen Y Netherlands have grown up in a country with a highly favourable 
employment environment, and which performs well across a range of measures. 
Perhaps most notably it has the second best work-life balance among all OECD 
countries.46 This is likely related to the fact that the Netherlands has the second 
lowest number of people who work long hours (i.e. more than 50 hours per 
week) among OECD countries.47 The Dutch value time off and are disciplined at 
keeping their work within the confines of regular office hours,48 a similarity they 
share with their German neighbours. 
REWARDS & BENEFITS 
FIVE MOST ATTRACTIVE 
REWARDS AND BENEFITS: 
73% 
BASE 
SALARY 
The financial side of employment in the 
Netherlands is just as impressive. The 
country ranks seventh in the OECD’s 
Better Life Index in terms of personal 
earnings, with an average household 
disposable income of US$29,697 per 
year, compared to the OECD average of 
US$23,938.49 The GDP per capita is also 
high at US$45,960, which compares to 
the UK, for example, at US$38,919. 
44% 
POTENTIAL 
TO EARN 
BONUS 
53% 
FLEXIBLE 
WORKING— 
WORK FLEXIBLE 
HOURS 
Against this context, it is no surprise that 
Gen Y Netherlands have some strong 
preferences for what they look for in a 
potential employer. They want more than 
a good work-life balance and fair financial 
compensation. In particular, we’ve found 
that they want to have fun in the workplace 
and a high degree of flexibility when it 
comes to working hours and location. 
40% 
FLEXIBLE 
WORKING— 
WORK AT HOME 
DESIRE FOR A FUN AND 
SOCIABLE WORKPLACE 
When asked about what’s most important 
when deciding to work for a potential 
employer, a staggering 61 per cent of 
Gen Y Netherlands say they want fun 
and social interaction. This is by far 
the highest proportion among all the 
16 GEN Y AND THE WORLD OF WORK GEN Y AND THE WORLD OF WORK 17
4. ATTRACT 
MOST IMPORTANT 
ASPECTS OF THE 
WORK ENVIRONMENT: 
76% 55% 45% 36% 
INTERESTING 
WORK 
among all the countries we surveyed 
by nine per cent (the closest are 
Gen Y France with 46 per cent). 
In many other country reports we see 
a correlation between groups with high 
entrepreneurial intentions and interest 
in having flexibility or autonomy in their 
work. The Netherlands seem to buck this 
trend, and they are perfectly willing to 
achieve these kind of perks by working 
for others rather than themselves. 
CAREER PATH AND 
PROGRESSION LESS 
IMPORTANT 
Gen Y Netherlands also stand out in terms 
of what they don’t particularly look for in 
a job. First, they are notably uninterested 
in a defined career path. Only seven per 
cent say this is important to them when 
deciding to work for a potential employer, 
the least among all the countries we 
surveyed (the cross-country average 
is 26 per cent). This reticence towards 
a defined career path is probably one 
expression of Gen Y Netherlands’ strong 
preference for flexibility (as noted above). 
SOCIAL LIFE 
AROUND WORK 
AUTONOMY IN 
YOUR WORK 
Secondly, the ability to progress quickly 
in their careers is another factor which 
fails to muster much enthusiasm among 
Gen Y Netherlands. Fewer than one in five 
(17 per cent) see this as important—only 
Gen Y Japan are less enthusiastic about 
rapid career progression (12 per cent). 
Perhaps this is a sign of greater patience 
among this group, or a manifestation of 
the Dutch cultural unease with individuals 
who try to break from the crowd too much. 
Finally, benefits offered are also a relatively 
low priority for Gen Y Netherlands. Just 
over one in five (23 per cent) see this as 
important, which is the fewest among 
all the countries we surveyed. They 
are quite similar to neighbours Gen Y 
Germany in this regard, only 25 per 
cent of whom say benefits offered are 
important. The relatively low importance 
of benefits among Gen Y Netherlands 
makes sense in the context of a very 
good employment environment (outlined 
above), where personal earnings are 
relatively high and work-life balance 
is among the best in the developed 
world—it may well be assumed that these 
things are a given rather than a perk. 
FLEXIBLE 
HOURS 
IMPLICATIONS FOR HR 
Gen Y Netherlands are quite clear on 
what they want from a job. In particular, 
they are looking for a fun and sociable 
environment and a high degree of 
flexibility. Given the important part that 
sociability plays in Dutch culture and the 
value that Gen Y Netherlands place on it, 
companies will need to demonstrate that 
they are fun places to work at in order to 
attract the best talent. Evidencing such a 
working culture through employees and 
social media channels would be a sensible 
approach for many organisations to take. 
Organisations will also need to consider 
how to create an employee value 
proposition which takes account of 
Gen Y Netherlands’ strong preference 
for flexibility. The option of working 
flexible hours and, to a lesser extent, the 
possibility of working from home could 
be vital in attracting the best talent 
for some companies. Again, work-life 
balance and the rarity of long hours are 
established elements of Dutch working 
culture, so need to be respected and 
accommodated in any employment 
packages aimed at Gen Y Netherlands. 
18 GEN Y AND THE WORLD OF WORK GEN Y AND THE WORLD OF WORK 1197
5. RETAIN 
The unemployment rate in the Netherlands rose 
steadily in 2013 to an average of around 8.5 per 
cent, above many of its European neighbours. 
However, while the youth unemployment rate is 
higher, at 11.5 per cent, it is considerably lower than 
many other European neighbours, such as the UK 
at 19.5 per cent, France at 23.6 per cent, Italy at 
42.3 per cent and Spain at over 50 per cent.55 
WHAT GEN Y NETHERLANDS WANT 
MOST FROM THEIR WORK: 
INTERESTING WORK 
66% 
JOB SECURITY 
42% 
PERSONAL RECOGNITION 
36% 
It’s been argued that a flexible approach 
to work contracts for young people in 
the Netherlands has helped keep this 
figure low. The Work Foundation, part 
of Lancaster University in the UK, has 
suggested that many young people in 
the Netherlands use less desirable, less 
secure short-term contracts as a stepping-stone 
into the world of work.56 This seems 
to be improving their prospects and 
helping them find permanent positions. 
TO BE CHALLENGED CONSTANTLY 
36% 
HELPING OTHERS 
30% 
ACQUIRE KNOWLEDGE AND EXPERTISE 
27% 
Furthermore, the population of the 
Netherlands is aging,57 and the number 
of new entrants to the job market is 
being reduced.58 It may be that the 
young Dutch people find the demand 
for their services outstripping supply, 
and this is sure to have an effect on 
their preferences for work. It will be vital 
for organisations to understand what 
Gen Y Netherlands want out of their 
careers if they are to prevent the best 
talent from moving on to other jobs. 
As noted in the previous chapter, the 
Netherlands has a very favourable 
employment environment and it’s 
likely that this will further contribute 
to Gen Y Netherlands’ expectations 
of potential employers. 
The results of our survey provide a 
number of insights for employers 
on how to keep Gen Y Netherlands 
engaged. A large majority define career 
success as enjoying their work. When 
SATISFACTION 
AT WORK: 
53% 49% 37% 35% 32% 
FEELING VALUED 
AND APPRECIATED 
VARIED/INTERESTING 
it comes to what gives them this kind 
of satisfaction, Gen Y Netherlands 
are looking for challenge, recognition 
and above all, interesting work. 
We also found that over four fifths (81 
per cent) expect to have six or fewer 
employers in their career, and 40 per 
cent expect to have less than four. It 
seems that, despite their relatively 
strong position in the employment 
market, Gen Y Netherlands do not 
plan to job hop too much if given the 
right working environment, which 
is good news for employers. 
NOT MOTIVATED BY MONEY 
WORK 
As previously mentioned, the Netherlands 
has a relatively high average disposable 
income of US$29,697 per year, compared 
to an OECD average of US$23,938.59 
Against this context, we have found that 
Gen Y Netherlands stand out in terms 
of their relative lack of enthusiasm for 
financial reward compared to other 
countries. Only 16 per cent say personal 
FEELING YOU HAVE 
MADE A POSITIVE 
CONTRIBUTION 
wealth is what they want most from 
their career—by far the lowest number 
among all the Gen Y cohorts we have 
surveyed. Similarly, only 35 per cent of 
respondents say that financial reward is 
what gives them the most satisfaction at 
work. This is significantly lower than the 
cross-country average of 46 per cent and 
the second lowest proportion overall. 
These findings may be a result of 
the already high average income in 
the Netherlands and an expectation 
among Gen Y that their jobs will 
typically provide a good level of pay. 
CAREER SUCCESS MEANS 
ENJOYING WORK AND 
BEING CHALLENGED 
Our Gen Y Netherlands sample are 
emphatic about what best defines 
career success for them. Over three 
quarters (76 per cent)—by far the highest 
proportion among all the countries we 
have surveyed—say it is achieving job 
satisfaction/enjoying their work. As 
FINANCIAL 
REWARD 
LEARNING AND 
DEVELOPMENT 
The Dutch value their time off 
from work and this is reflected 
in their work legislation. It is a 
requirement in the Netherlands 
for employees to receive a holiday 
bonus, or ‘vakantiegeld’ paid out in 
May each year (on top of their paid 
leave). It constitutes eight per cent 
of a worker’s annual salary, unless 
that salary is more than three 
times minimum wage.60 It is even 
paid to those on social security.61 
This benefit is highly valued, 
and if an employer fails to pay 
it in time they are required to 
make additional payments.62 
previously mentioned, many of them 
will have taken less desirable jobs early 
on as a stepping-stone in their career. It 
may be that this experience has taught 
them the value of enjoyable work.63 
20 GEN Y AND THE WORLD OF WORK GEN Y AND THE WORLD OF WORK 21
5. RETAIN 
CAREER SUCCESS 
INDICATORS: 
76% 
ACHIEVING JOB 
SATISFACTION/ 
ENJOYING MY 
WORK 
ACHIEVING A 
WORK/LIFE 
BALANCE 
Combined with the finding that 61 per 
cent of Gen Y Netherlands are looking for 
fun and social interaction in a potential 
employer, it certainly seems that they 
have an understanding that much of their 
lives will be spent at work and so want the 
experience to be as enjoyable as possible. 
This is corroborated by the experience of 
those of Gen Y Netherlands who already 
have some work experience. Just under 
half (49 per cent) say that varied and 
interesting work is what gives them the 
most satisfaction in their jobs. It also 
seems that part of what constitutes 
engaging work for Gen Y Netherlands 
is an element of challenge. More than 
one in three (36 per cent) say that to be 
challenged constantly is what they want 
most from their work/their career—the 
most among all the countries we surveyed. 
DESIRE FOR PERSONAL 
AND PROFESSIONAL 
RECOGNITION 
Respondents to our survey are 
noteworthy in their desire for 
recognition—Gen Y Netherlands want 
this in both a personal and professional 
capacity. Just under one in three (31 
39% 
CREATING 
PERSONAL 
WEALTH/BEING 
WELL PAID 
42% 
ATTAINING JOB 
per cent) put achieving professional 
recognition in their top three factors 
of what best defines career success 
(only Gen Y France and Brazil had more 
respondents opting for this). And just over 
one in three (36 per cent) have personal 
recognition in their top three of what they 
want most from their work, well over the 
cross-country average of 20 per cent. 
This desire for recognition may tie in 
with the need of Gen Y Netherlands to 
feel valued and appreciated. Over half 
(53 per cent) of those with employment 
experience say that feeling valued 
and appreciated is what gives them 
the most satisfaction at work. 
This perhaps seems to be at odds 
with the polder tradition of ignoring 
individual accomplishment in favour 
of group achievements. Finding a 
balance that accommodates both 
appropriately will be important. 
IMPLICATIONS FOR HR 
The declining number of new entrants 
into the Dutch labour market highlights 
the importance of the role businesses 
have in keeping Gen Y Netherlands 
31% 
ACHIEVING 
PROFESSIONAL 
RECOGNITION 
33% 
SECURITY 
engaged. Thankfully, Gen Y are quite clear 
on what is likely to keep them in a job. 
If organisations can ensure that Gen Y 
Netherlands employees are enjoying 
their work, at least three quarters of them 
will feel successful in their careers and 
will therefore be more likely to stay on. 
In light of Gen Y Netherlands’ 
unique level of enthusiasm for being 
challenged, a successful strategy 
for retaining them could feature a 
healthy dose of specific goals and 
targets, as well as providing them work 
relevant to their skills and interests. 
Finally, this cohort’s desire for 
recognition shouldn’t be neglected. 
Celebrating exceptional work and 
rewarding this with relevant recognition 
will go a long way towards retaining 
the best talent in the workplace. 
22 GEN Y AND THE WORLD OF WORK GEN Y AND THE WORLD OF WORK 23
IMPLICATIONS FOR HR 
The propensity for Gen Y Netherlands 
to allow their social lives to encroach on 
their working lives means that companies 
would do well to ensure that their social 
media policies are fit for purpose, especially 
as this cohort are likely to carry their 
prolific usage over into the workplace.71 
Recruitment strategies appear to be more 
conventional at present— Gen Y Netherlands 
don’t expect social media to replace 
traditional methods. Companies looking to 
recruit from this cohort should therefore 
be aware that this group are fully prepared 
to provide a CV and should make sure this 
remains central to any recruitment strategy. 
At the same time, given their propensity to 
use social media, encouraging employees to 
showcase their working culture, in parallel 
with any appropriate corporate messaging, 
through these channels will be helpful as 
attraction and retention mechanisms. 
6. TECHNOLOGY AND 
SOCIAL MEDIA AT WORK 
As one would expect for a developed European nation, the Netherlands is well 
connected digitally. Significantly, the Netherlands ranks first worldwide in terms 
of internet penetration for social networks Facebook and LinkedIn.64 10 million 
people accessed a social networking site in the Netherlands during May 2013 
(among a population of 16.7 million) and social networks reached 85.3 per cent 
of the total Dutch internet audience.65 Among these sites, Facebook was the 
clear leader with 8.7 million unique visitors; more than double that of LinkedIn, 
which came in second place with an audience of 3.8 million unique visitors.66 
Smartphone penetration is also growing 
quickly in the Netherlands, reaching 72 
per cent of Dutch mobile phone users in 
Q3 of 2013, up from 56 per cent a year 
earlier.67 According to research from the 
Telecompaper Consumer Panel, the average 
smartphone user in the Netherlands is 
getting younger—in Q3 2013 almost a third 
of smartphone users were students.68 
In this context, our own research shows that 
Gen Y Netherlands are indeed prolific users 
of social media and see it as an important 
mode of communication both now and in 
the future. This is not necessarily a good 
thing, however—our findings suggest that 
this cohort believe that social media can 
encroach on their work. Further, we found 
that despite their affinity with technology, 
Gen Y Netherlands acknowledge the role 
that traditional forms of communication 
will continue to have in recruitment. 
SOCIAL MEDIA USE EXPECTED 
TO BE PREVALENT 
We asked our Gen Y Netherlands sample 
what they think will be the most common 
form of communication in the workplace 
five years from now. 40 per cent say 
corporate or business specific social 
media, the second highest proportion of 
all the countries we have surveyed (behind 
Gen Y Brazil). A quarter say personal social 
media—by far the highest number among 
all the Gen Y cohorts we have surveyed. 
As outlined above, the Dutch are avid 
users of social media so it comes as no 
surprise that this younger generation see it 
as continuing to have an important role. 
The Netherlands has a strong 
tradition of technology companies. 
A prime example is Philips, which 
has been in business for over 
120 years. It started in 1891 as a 
producer of carbon-filament lamps 
and now produces consumer 
electronics, domestic appliances 
and healthcare products as well 
as lighting. As of 2012, it was the 
largest manufacturer of lighting 
in the world. In that year it posted 
sales of €24.8 billion and employed 
114,000 people.69 This tradition 
of technological companies is 
also manifested in the High Tech 
Campus in Eindhoven, as well as 
Amsterdam start-up LayerGloss, 
which allows people to easily build 
their own iOS applications (named 
one of Europe’s hottest start-ups 
in 2012 by Wired Magazine).70 
Despite this, Gen Y Netherlands also see 
more traditional forms of communication 
continuing to play a part in the business 
world. Two thirds think email will be one of 
the most common forms of communication 
in the workplace and 57 per cent include 
mobile phone calls in their top three. 
SOCIAL MEDIA INTRUDING 
INTO THE WORKPLACE 
59 per cent of Gen Y Netherlands agree 
with the statement “Technology is blurring 
the boundaries between work life and 
social life”. Furthermore, this group have 
the highest number (63 per cent) among 
all the countries we surveyed who say 
social media is distracting at work. 
However, this group have the fewest number 
who can’t resist looking at work emails 
on holiday (25 per cent) and the fewest 
who find it hard to switch off from work at 
weekends due to constant connectivity (22 
per cent). It seems that this is a group who 
are adept at keeping work out of their social 
lives, but not vice versa. This is perhaps 
unsurprising, considering that the OECD rank 
the Netherlands fourth out of all countries 
covered in terms of work-life balance.71 
It seems that Gen Y Netherlands want to 
enjoy good social relationships with their 
colleagues but prefer not to allow the 
encroachment of work on their social lives. 
CV STILL STANDS STRONG 
Even though LinkedIn is very popular 
across the country and among Gen Y 
Netherlands (23 per cent see it as the most 
important thing to have when looking 
for a job), our sample say that having a 
CV is more important. 48 per cent say 
having a one or two-page CV is the most 
important thing to have when looking 
for a new job, far and away the most 
popular option. Clearly, although LinkedIn 
has a huge presence in the Netherlands, 
it hasn’t usurped the traditional CV. 
However, social media is expected to play 
a role in the recruitment process. Over 
half of our sample (52 per cent)—the 
second highest among all the countries we 
surveyed—expect prospective employers 
to look at their social media profile and say 
they would do the same in their position. 
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MOST IMPORTANT 
TOOLS WHEN LOOKING 
FOR A NEW JOB 
48% THINK IT IS MOST 
IMPORTANT TO 
HAVE A ONE OR 
TWO-PAGE CV 
23% 
HAVING A COMPLETE 
PROFILE ON LINKEDIN 
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HAVING 
ON LINKEDIN 
32. Chau, L. & Schiefelbein, J. (2014) ‘How the Netherlands built a thriving startup 
scene’, U.S. News, February, http://www.usnews.com/opinion/economic-intelligence/ 
2014/02/14/how-the-netherlands-built-a-thriving-startup-scene 
33. Armstrong, S. (2013) ‘Europe’s hottest startup capitals: 
Amsterdam’, Wired, October, http://www.wired.co.uk/magazine/ 
archive/2013/11/european-startups/amsterdam 
34. U.S. News passim 
35. U.S. News passim 
36. GEDI (2014) ‘The Global Entrepreneurship and Development 
Index 2014’, http://www.thegedi.org/research/gedi-index/ 
37. Startupbootcamp.org (2014) ‘About the Accelerator’, http://www. 
startupbootcamp.org/accelerator/hightech-eindhoven.html 
38. Hightechcampus.com (2014) ‘About the Campus’, http:// 
www.hightechcampus.com/about_the_campus 
39. Hightechcampus.com passim 
40. Saberi, S. (2014) ‘Dutch Government opt for improving nations 
startup ecosystem’, Startupjuncture.com, March, http:// 
startupjuncture.com/2014/03/19/dutch-government-opts- 
for-improving-nations-startup-ecosystem/ 
41. Startupjuncture.com passim 
42. Trip Advisor (2014) ‘The Netherlands: Culture’, http://www.tripadvisor. 
co.uk/Travel-g188553-s202/The-Netherlands:Culture.html 
43. OECD Better Life Index passim 
44. OECD Better Life Index passim 
45. World Bank (2012) ‘School Enrolment: Tertiary’ http:// 
data.worldbank.org/indicator/SE.TER.ENRR 
46. OECD (2014) ‘Better Life Index: Work-life balance’, http://www. 
oecdbetterlifeindex.org/topics/work-life-balance/ 
47. OECD (2013) ‘How’s Life? 2013’, http://www.keepeek.com/ 
Digital-Asset-Management/oecd/economics/how-s-life-2013/ 
how-s-life-at-a-glance_how_life-2013-6-en#page17 
48. Expatica.com (2014) ‘Essentials To Moving To The Netherlands’, 
http://www.expatica.com/nl/essentials_moving_to/ 
country_facts/The-Netherlands-at-a-glance.html 
49. OECD Better Life Index passim 
7% 
HAVING AN ACTIVE 
FACEBOOK PROFILE 
50. DutchAmsterdam.com ‘Gezellig: A Word That Encompasses The Heart 
Of Dutch Culture’, http://www.dutchamsterdam.nl/155-gezellig 
51. de Graaf, J., & Batker, D. (2011) ‘Americans Work Too Much for Their Own Good’, 
Bloomberg, November http://www.bloombergview.com/articles/2011-11-03/ 
americans-work-too-much-for-their-own-good-de-graaf-and-batker 
52. de Graaf, J. & Batker, D. passim 
53. Groenendijk, H. & Keuzenkamp, S. (2010) ‘The Netherlands’, The Leave 
Network.org, October, http://www.leavenetwork.org/fileadmin/ 
Leavenetwork/Country_notes/The_Netherlands.published.oct_2010.pdf 
54. de Graaf, J. & Batker, D. passim 
55. Trading Economics (2013) ‘Unemployment Rates’, http://www. 
tradingeconomics.com/country-list/unemployment-rate 
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unemployment in a global context’, The Work Foundation, January, 
http://www.theworkfoundation.com/DownloadPublication/ 
Report/329_International%20Lessons.pdf 
57. OECD (2013) ‘Demographic Change in the Netherlands: 
Strategies for resilient labour markets’ http://www.oecd. 
org/cfe/leed/demo_change_netherlands.pdf 
58. OECD (2013) passim 
59. OECD Better Life Index passim 
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jobat.be/nl/artikels/bereken-je-vakantiegeld/ 
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May, http://www.dutchnews.nl/dictionary/vakantiegeld.php 
62. Jobat.be passim 
63. Crowley L., Jones K., Cominetti N. & Gulliford J. passim 
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business-culture-in-netherlands/social-media-guide-for-netherlands/ 
65. ComScore Data Mine (2013) ‘Who uses social networks in the 
Netherlands?’, June, http://www.comscoredatamine.com/2013/06/ 
who-uses-social-networks-in-the-netherlands/ 
66. ComScore Data Mine passim 
67. Telecompaper (2013) ‘Dutch Smartphone Penetration Hits 
72% In Q3’, October, http://www.telecompaper.com/news/ 
dutch-smartphone-penetration-hits-72-in-q3--973995 
68. Telecompaper passim 
69. Phillips (2014) ‘Company Profile’, http://www.philips. 
co.uk/about/company/index.page 
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Amsterdam’, Wired Magazine, August, http://www.wired.co.uk/ 
magazine/archive/2012/09/european-startups/london 
71. OECD passim 
24 GEN Y AND THE WORLD OF WORK GEN Y AND THE WORLD OF WORK 25
ABOUT HAYS SELECT BIBLIOGRAPHY 
Hays is the world’s leading recruiting expert 
in qualified, professional and skilled work. 
We employ over 7,800 staff in 239 offices 
across 33 countries. Last year we placed 
around 53,000 people in permanent jobs and 
nearly 182,000 in temporary positions. 
Hays works across 20 areas of specialism, from 
healthcare to telecoms, banking to construction 
and education to information technology, covering 
the private, public and not-for-profit sectors. 
Our recruiting experts deal with 150,000 CVs every 
month and more than 50,000 live jobs globally 
at any one time. The depth and breadth of our 
expertise ensures that we understand the impact 
the right individual can have on a business and 
how the right job can transform a person’s life. 
Our job is to know about professional 
employment, employers and employees. 
For more information, visit hays.com 
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wired.co.uk/magazine/archive/2013/11/european-startups/amsterdam 
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http://www.theguardian.com/sustainable-business/blog/dutch-companies-leading-sustainable-business 
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Chau, L. & Schiefelbein, J. (2014) ‘How the Netherlands built a thriving startup scene’, U.S. News, February, http://www. 
usnews.com/opinion/economic-intelligence/2014/02/14/how-the-netherlands-built-a-thriving-startup-scene 
ComScore Data Mine (2013) ‘Who uses social networks in the Netherlands?’, June, http://www. 
comscoredatamine.com/2013/06/who-uses-social-networks-in-the-netherlands/ 
Crowley L., Jones K., Cominetti N. & Gulliford J. (2013) ‘Youth unemployment in a global context’, The Work Foundation, 
January, http://www.theworkfoundation.com/DownloadPublication/Report/329_International%20Lessons.pdf 
de Graaf, J., & Batker, D., (2011) ‘Americans Work Too Much for Their Own Good’, Bloomberg, November http://www. 
bloombergview.com/articles/2011-11-03/americans-work-too-much-for-their-own-good-de-graaf-and-batker 
Dutch News (2014) ‘A Dictionary of Dutchness’, Dutch News.nl, May, http://www.dutchnews.nl/dictionary/vakantiegeld.php 
DutchAmsterdam.com. ‘Gezellig: A Word That Encompasses The Heart Of Dutch Culture’, http://www.dutchamsterdam.nl/155-gezellig 
eDiplomat (2014) 
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essentials_moving_to/country_facts/The-Netherlands-at-a-glance.html 
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essentials_moving_to/country_facts/The-Netherlands-at-a-glance.html 
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Global Advice Network (2014) ‘Netherlands Country Profile’, http://www.business-anti-corruption. 
com/country-profiles/europe-central-asia/netherlands/snapshot.aspx 
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Groenendijk, H. & Keuzenkamp, S. (2010) ‘The Netherlands’, The Leave Network.org, October, http://www. 
leavenetwork.org/fileadmin/Leavenetwork/Country_notes/The_Netherlands.published.oct_2010.pdf 
Hightechcampus.com (2014) ‘About the Campus’, http://www.hightechcampus.com/about_the_campus 
Holland Alumni (2013) ‘Dutch Business Culture’, https://www.hollandalumni.nl/career/our-dutch-business-culture/ 
Jobat.be (2012) ‘Bereken je vakantiegeld’, http://www.jobat.be/nl/artikels/bereken-je-vakantiegeld/ 
OECD (2011) ‘Better Life Index, Netherlands’, http://www.oecdbetterlifeindex.org/countries/Netherlands/ 
OECD (2013) ‘Demographic Change in the Netherlands: Strategies for resilient labour markets’ 
http://www.oecd.org/cfe/leed/demo_change_netherlands.pdf 
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oecd/economics/how-s-life-2013/how-s-life-at-a-glance_how_life-2013-6-en#page17 
OECD (2013) ‘How’s Life? 2013’, http://www.keepeek.com/Digital-Asset-Management/oecd/ 
economics/how-s-life-2013/how-s-life-at-a-glance_how_life-2013-6-en#page17 
OECD (2014) ‘Better Life Index: Work-life balance’, http://www.oecdbetterlifeindex.org/topics/work-life-balance/ 
Parton, H. (2012) ‘Europe’s 100 hottest startups 2012: Amsterdam’, Wired Magazine, August, http:// 
www.wired.co.uk/magazine/archive/2012/09/european-startups/london 
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business-culture-in-netherlands/social-media-guide-for-netherlands/ 
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startupjuncture.com/2014/03/19/dutch-government-opts-for-improving-nations-startup-ecosystem/ 
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telecompaper.com/news/dutch-smartphone-penetration-hits-72-in-q3--973995 
Thierry, H. (1998) ‘Culture and Leadership in a Flat Country’ 
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Trading Economics (2014) ‘Netherlands GDP Growth Rate’, http://www.tradingeconomics.com/netherlands/gdp-growth 
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transparent.com/dutch/be-normal-and-other-reasons-why-the-dutch-are-plain-as-appeltaart/ 
Trip Advisor (2014) ‘The Netherlands: Culture’, http://www.tripadvisor.co.uk/Travel-g188553-s202/The-Netherlands:Culture.html 
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data.undp.org/dataset/Table-1-Human-Development-Index-and-its-components/wxub-qc5k 
Vossestein, J. (1998) ‘Dealing with the Dutch’, http://businessculture.org/western-europe/ 
business-culture-in-netherlands/meeting-etiquette-in-netherlands/ 
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the-global-competitiveness-report-2013-2014/#section=countryeconomy-profiles-netherlands 
26 GEN Y AND THE WORLD OF WORK GEN Y AND THE WORLD OF WORK 27
hays.com 
© Copyright Hays plc 2014. HAYS, the Corporate and Sector H devices, Recruiting experts worldwide, the HAYS Recruiting experts 
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Gen Y and the world of work

  • 1. GEN Y AND THE WORLD OF WORK A report into the workplace needs, attitudes and aspirations of Gen Y Netherlands 1 GEN Y AND THE WORLD OF WORK NETHERLANDS
  • 2. CONTENTS FOREWORD For such a relatively small nation, the Netherlands punches well above its weight. With a population of 16.7 million and a land mass of just 33,730 sq. km (about twice the size of the state of New Jersey in the US), it may come as some surprise to know that the Netherlands possesses the eighth most competitive economy in the world according to the World Economic Forum.1 Impressively, the country also ranks fourth in the United Nation’s Human Development Index,2 and fourth in the World Happiness Report issued by the United Nations Sustainable Development Solutions Network.3 The glowing reputation of the Netherlands doesn’t end there. The country also boasts a very favourable employment environment, being one of the best places among developed nations for work-life balance and with an average household disposable income of US$29,697 (way above the OECD average of US$23,938).4 These prosperous conditions have their roots in a long history of profitable Dutch business. Beginning with the prosperity generated by international merchant trading (most notably through the Dutch East India Company) in the seventeenth century, a Dutch affinity with trade and business continues today. The Netherlands is home to some of the world’s most ubiquitous businesses and brands such as Unilever, Philips and Heineken. Alongside these established companies, many organisations are springing up. The Dutch government is seeking to improve the nation’s start-up ecosystem in recognition of the fact that these new businesses account for a large part of job growth in the Netherlands.5 With this background, Gen Y Netherlands have developed unique expectations of their life and work. Many of them have had to begin employment in less desirable jobs, making them hungry for enjoyable, interesting and challenging work. They also display some very typical Dutch cultural preferences, such as an appreciation for sociability, which is reflected in their desire for a fun working environment and a social life around work. But work is not just about socialising for Gen Y Netherlands: this group show strong signs of initiative and self improvement, making them keen to follow in the footsteps of the accomplished Dutch businesspeople that have gone before them. Our report which follows is based on the answers given by 1,000 respondents from Gen Y Netherlands. We asked them questions around several key areas of employment. They were asked about their attitudes to issues surrounding their work and careers. We wanted to know what attracts them to a potential employer and what makes them stay in a job. We asked what they look for in an ideal boss and what they regard as markers of success in their careers. We explored their attitudes to changing jobs and starting their own businesses. We also asked about their use of social media that is transforming the way people throughout the world communicate both at work and in their leisure time. Reading this report will give you a detailed picture of Gen Y Netherlands: what they are looking for in a job, how to motivate them and what they can bring to your business. We’ve also looked beneath the survey results and offer practical insight and support to the HR community, line managers and business leaders as they seek to engage and motivate this segment of the workforce. James Cullens Group HR Director Hays FOREWORD 3 SUMMARY OF OUR RESEARCH 4 1. GEN Y NETHERLANDS AND THE WORLD OF WORK 6 2. LEADERSHIP 10 3. ENTREPRENEURSHIP 14 4. ATTRACT 16 5. RETAIN 20 6. TECHNOLOGY AND SOCIAL MEDIA AT WORK 24 ABOUT HAYS 26 SELECT BIBLIOGRAPHY 27 2 GEN Y AND THE WORLD OF WORK GEN Y AND THE WORLD OF WORK 3
  • 3. SUMMARY OF OUR RESEARCH ABOUT OUR SURVEY For our thirteenth Hays report on the needs and aspirations of Gen Y worldwide, we asked young people in the Netherlands to tell us how they see their future at work. A total of 1,000 members of Gen Y Netherlands answered our survey. 34 per cent are students or in full time education, ten per cent are unemployed and a further 24 per cent are working part time. Only 25 per cent are working full time, the lowest out of any country we surveyed. It seems that, among this generation, a full time career starts later than for most. This research explores what young Dutch people look for in the world of work, what kind of career they aspire to, the rewards they expect and what gives them job satisfaction. It throws light on the kind of working environment they seek and the qualities they look for in their bosses. Finally the research reveals some insights into the way Gen Y Netherlands relate to social media and technology. The findings are invaluable for HR departments and organisations seeking to recruit, motivate and retain Gen Y Poland as part of their workforce. GENDER SPLIT Male 46% Female 54% AGE SPLIT 9.9% 7.9% 8.2% 7.0% 6.9% 7.6% 7.2% 6.3% 7.4% 8.9% 7.9% 9.4% 18 19 20 21 22 23 24 25 26 27 28 29 30 REGIONAL REPRESENTATION 5.4% YEARS IN WORK 17.9% 0–12 months 9.8% 13–24 months 8.7% 25–36 months 39.0% Over 3 years 3.1% Not started working since completing full time education 21.5% Still in full time education CURRENT WORKING STATUS 34.2% Student/ in full time education 15.7% Working full time—in first full time job (40 hours per week or more) 23.5% Working part time (up to 40 hours per week) 9.7% Unemployed and looking for work 8.9% Working full time—not first full time job (40 hours per week or more) 2.0% Intern 6.0% Other PROFILE OF RESPONDENTS A total of 1,000 18–30-year-olds living in the Netherlands answered our survey. Nearly one quarter are working part time, and 34 per cent are still students/in full time education. Very few (five per cent) run their own business. Our respondents come from all over the Netherlands, and those in work cover a wide number of sectors. 46.5% 21% South Netherlands 32.5% West Netherlands North & East Netherlands 4 GEN Y AND THE WORLD OF WORK GEN Y AND THE WORLD OF WORK 5
  • 4. Current demographic trends in the Netherlands put the onus on employers to meet or exceed these expectations. The Dutch workforce is aging, so with fewer employees coming into the job market, attracting and retaining the services of Gen Y Netherlands becomes extremely important. And we’ve discovered some interesting points about this group that will prove useful in building employee value propositions—Gen Y Netherlands are very well educated, show plenty of initiative, but they aren’t just motivated by money. They thrive on challenging and interesting work too. VALUE PLACED ON PERSONAL RELATIONSHIPS AND EQUALITY Dutch politics is famed for what has become known as the Polder Model—a consensus-based approach to decision-making. This approach is also influential in Dutch business, where relatively flat organisational structures prevail.6 Dutch business leaders too typically adopt a consensus-based style; they’re usually impatient of formal hierarchies and want individuals to share their opinion in meetings.7 It seems that our Gen Y Netherlands sample are familiar and comfortable with this approach to work and leadership. They want a relatively familiar relationship with their boss. 1. GEN Y NETHERLANDS AND THE WORLD OF WORK Gen Y Netherlands have been born into a nation with an impeccable working environment. As we’ll see, the Netherlands compares very favourably to other nations, particularly with regard to work-life balance—something that’s highly valued by the Dutch. With this background, Gen Y Netherlands have high expectations of employers as they embark on their careers. GEN Y NETHERLANDS’ IDEAL BOSS: 49% CONFIDANT/ 49% CONFIDANT/ DISCUSS PRIVATE & WORK MATTERS DISCUSS PRIVATE & WORK MATTERS 49% COACH/MENTOR 49% COACH/MENTOR 22% ADVISOR 22% ADVISOR Just under half (49 per cent) want a boss who is a coach/mentor, a very similar preference to the Gen Y cohorts we surveyed in other European countries. An equal proportion (49 per cent), are looking for a boss they can confide in and discuss private as well as work matters. Perhaps Gen Y Netherlands’ desire for a personal, equal relationship with their bosses is most clearly expressed in a quarter who see their ideal boss as a peer. This is the highest among all Gen Y groups we surveyed worldwide. These preferences indicate that Gen Y Netherlands are much more likely to respond to leadership that invests in them in a personal way, rather than being distant and directive. But it should be noted that Gen Y Netherlands’ management preferences 26% LEADER 26% LEADER 9% DIRECTOR/ ALLOCATOR OF WORK 9% DIRECTOR/ ALLOCATOR OF WORK are not all about familiarity. They still appreciate more conventional leadership characteristics such as the ability to motivate (49 per cent) and decisiveness (31 per cent). STRONG ON INITIATIVE BUT NOT SELF-EMPLOYMENT Dutch business acumen put the Netherlands on the map in the 17th century with an explosion in international merchant trading. This same business awareness has kept the Netherlands as a major player in the global corporate world. Some of the world’s biggest companies are still headquartered there. While we have found that Gen Y Netherlands aren’t particularly enthusiastic about self-employment, they still appear to have 7% FRIEND 7% FRIEND 25% PEER 25% PEER the necessary initiative to succeed in the business world, just like their forebears. Gen Y Netherlands’ desire to own their own business is among the lowest of all the countries we surveyed (only seven per cent say this is one of their main career objectives). However, when it comes to taking control of their work, this cohort scores highly—55 per cent want autonomy in what they do. This is perhaps good news for employers—the brightest minds of this group are not particularly likely to use their talents to run their own business, but are still willing to take clear ownership over their own projects at work. A similar degree of initiative is displayed in Gen Y Netherlands’ interest in further study. 94 per cent are willing to study or are INTERNATIONAL WORK OPPORTUNITIES 39.6%HAVE NO INTEREST IN INTERNATIONAL WORK WORKING IN NETHERLANDS BUT WITH INTERNATIONAL TRAVEL 18.5% WORKING IN NETHERLANDS BUT ON INTERNATIONAL PROJECTS 16.2% ANY KIND OF INTERNATIONAL TRAVEL 13.2% WORKING AND LIVING OVERSEAS 12.5% 6 GEN Y AND THE WORLD OF WORK GEN Y AND THE WORLD OF WORK 7
  • 5. 1. GEN Y NETHERLANDS AND THE WORLD OF WORK SATISFACTION AT WORK: 53% 49% 37% 35% 32% FEELING VALUED AND APPRECIATED VARIED/INTERESTING WORK already studying for further professional qualifications. Of those who are willing to study further, 37 per cent would do so if it helped them progress more quickly in their careers. When combined with the fact that 45 per cent see training and development as one of the most important factors when choosing a job, the picture emerges of a group that want to progress in their careers and take charge of their work. JOBS SHOULD BE FUN AND FLEXIBLE The employment environment of the Netherlands fares well when compared to other nations. It has the fourth best work-life balance and the second lowest number of people who work long hours among all OECD countries.8 It’s also financially favourable—the Netherlands ranks seventh for personal earnings in the OECD’s Better Life Index and GDP per capita is high at US$45,960 (compared to US$38,919 in the UK).9 With good FEELING YOU HAVE MADE A POSITIVE CONTRIBUTION work-life balance and financial reward already an established part of the Dutch working environment, it’s not surprising that Gen Y Netherlands are looking for something more: specifically, a workplace that’s fun and with plenty of flexibility around working hours and location. FINANCIAL REWARD 61 per cent say they want fun and social interaction in the workplace (by far the highest proportion among all the countries we surveyed). 45 per cent also say that social life around work is an important aspect of the office environment. As we’ll see, these preferences are an expression of the value the Dutch place on sociability and togetherness. Just behind the importance of a fun workplace comes flexibility: Gen Y Netherlands come top among all the countries we surveyed in their desire for the possibility of working from home (40 per cent) and flexible working hours (53 per cent). LEARNING AND DEVELOPMENT Just as revealing is what this cohort isn’t particularly looking for in a job. Only 23 per cent say that benefits offered are important when deciding to work for a potential employer, the lowest among all the countries we surveyed. This perhaps suggests that in the context of such a favourable working environment, Gen Y Netherlands assume good benefits to be a part of any decent employment offer. ENJOYABLE AND INTERESTING WORK CONTRIBUTES TO CAREER SUCCESS The population of the Netherlands is aging, which means that the number of new entrants to the Dutch labour market is decreasing. The demand for Gen Y Netherlands’ services is therefore likely to outstrip supply, making retention of Gen Y Netherlands hugely important for employers. Our sample give us some good pointers on the things most likely to keep members of this cohort in a job. They’re MOST IMPORTANT TOOLS WHEN LOOKING FOR A NEW JOB 48% THINK IT IS MOST 23% HAVING A COMPLETE PROFILE ON LINKEDIN clear that enjoyment of work is what they want most from their careers rather than money. Their responses also tell us that interesting work with a good dose of challenge will keep them engaged. 76 per cent, by far the highest proportion among all the countries we surveyed, say that achieving job satisfaction/enjoying work is what best defines career success for them. It’s been suggested that youth in the Netherlands are using less desirable, less secure short-term contracts as a stepping-stone towards the careers they want and it’s quite possible that this experience has taught them the value of enjoyable work.10 Our survey also delved deeper into what exactly constitutes satisfying work for Gen Y Netherlands. Just under half (49 per cent) with some work experience say that varied and interesting work is what gives them most satisfaction in their jobs. Furthermore, more than one in three (36 per cent) say that to be IMPORTANT TO HAVE A ONE OR TWO-PAGE CV 12% HAVING RECOMMENDATIONS ON LINKEDIN challenged constantly is what they want most from their work, the highest number among all the countries we surveyed. PROLIFIC SOCIAL MEDIA USERS The Netherlands ranks first worldwide in terms of internet penetration for social networks Facebook and LinkedIn.11 Research also shows that the average smartphone user in the Netherlands is getting younger, with almost a third being students in Q3 2013.12 In light of all this, it’s no surprise to find that Gen Y Netherlands are prodigious users of social media. So prodigious, in fact, that it runs the risk of encroaching on their work life. However, despite their affinity with technology, our findings also show that they acknowledge the role traditional communications will continue to play, particularly in recruitment. Gen Y Netherlands has the highest number (63 per cent) who say that social media is distracting at work. Conversely, they 7% HAVING AN ACTIVE FACEBOOK PROFILE have the lowest number who can’t resist looking at work emails on holiday (22 per cent) and the fewest who find it hard to switch off from work at weekends due to constant connectivity (22 per cent). This combination of findings suggests that for Gen Y Netherlands technology is causing their social lives to encroach on work, rather than vice versa. Given their avid use of social media, it may come as some surprise that Gen Y Netherlands still see more traditional forms of communication holding sway in the workplace. Two thirds say email will be the most common form of communication in the workplace five years from now and 57 per cent say mobile phone calls. Similarly, when it comes to recruitment, the CV is still the most important thing to have (by far) when looking for a new job according to Gen Y Netherlands. 8 GEN Y AND THE WORLD OF WORK GEN Y AND THE WORLD OF WORK 9
  • 6. MOST IMPORTANT QUALITIES IN A WORKPLACE LEADER: 5 KNOWLEDGEABLE/ EXPERT 49% SUPPORTIVE 33% FAIR 45% This predilection for consensus is accompanied by relatively flat organisational structures.23 The classic Dutch leader is often described as impatient of formal hierarchies,24 and individuals are expected to share their opinion in meetings as each person is seen to hold information that is valuable to the company.25 When doing so, individuals are expected to speak plainly—communication in the Dutch workplace is often direct and evasiveness is disliked.26 The results of our survey show that the preferences of Gen Y Netherlands sit relatively well with prevailing Dutch leadership styles and business culture. They want a boss who treats them as an equal but they also expect him or her to be decisive. PERSONAL RELATIONSHIPS PREFERRED TO DIRECTIVE MANAGEMENT The prevailing consensus-based approach to decision-making seems to have had an influence on Gen Y Netherlands’ managerial preferences. This group seem to look for egalitarian working hierarchies, and a personal relationship with management. When asked about their ideal boss, just under half of our sample (49 per cent) would describe them as a coach/mentor. DECISIVE 31% This groups Gen Y Netherlands with their contemporaries in the other European countries we surveyed, with over 40 per cent of the Gen Y cohorts in Sweden, France, UK and Germany all choosing this same style of management. Their desire for a more egalitarian relationship with their boss is also seen in what they don’t want—only nine per cent describe their ideal boss as an allocator of work. It appears that Gen Y Netherlands are unlikely to function well under a manager who simply gives instruction. Equal to Gen Y Netherlands’ desire for a coach/mentor as a leader is their preference for someone they can confide in/discuss private matters with. The high value they place on this distinguishes them from their European peers. 49 per cent of our respondents say that this is the way they see their ideal boss. This is by far the highest number among all European countries we surveyed. It seems that Gen Y Netherlands want a boss who can be a mentor to them not just in work matters but also in their personal lives. We also found that a full quarter see their ideal boss as a peer, which is the highest among all Gen Y cohorts we surveyed worldwide. Gen Y Netherlands appear to want to relate to their boss as an equal, 2. LEADERSHIP A 1998 GLOBE study on the Netherlands’ culture and politics remarked that the Dutch have a conspicuously low number of commemorative statues in the country, which is suggested to be a reflection of a collective, rather than individual, focus. “In Dutch culture,” says Henk Thierry of Tilburg University, “outstanding individuals are usually not identified in terms of being a hero: it runs counter to important values and habits to attribute unusual performance mainly, let alone exclusively, to individual characteristics.”13 Indeed, there are several commonly used Dutch proverbs that warn against trying to stand out from the crowd. An amusing example translates as ‘Don’t stick your head above the lawn, or it’ll get mown off’.14 This outlook has not prohibited Dutch business from flourishing, however. Some of the world’s leading brands were established in the Netherlands and remain under Dutch leadership today. Pioneering companies such as Unilever, KLM, Heineken, Philips and Royal Dutch Shell are just some examples of enduring Dutch business success. Behind these different stories of success lies a business culture borne out of the historical Dutch belief in the importance of consensus and group contribution rather than individual achievement.15 The prevailing management style in the Netherlands, therefore, is one that does not focus on top-down decision-making processes. It is commonly suggested that the Dutch are keen for all interested parties to be happy before any firm decisions are made,16 and this approach has been broadly described as the ‘polder model’,17 relying on an ‘ingrained culture of cooperation and consultation.’18 Whilst the polder model has resulted in positive outcomes, such as good relationships between businesses and trade unions,19 striving for consensus has its drawbacks. Decision-making can often be slow as a result, with overly frequent meetings not uncommon. Whilst acknowledging the positive side of seeking consensus, German business writer Jacob Vossestein expresses his frustration with the Dutch tendency for numerous meetings by commenting that “it becomes a charade, a ritual, sponsored by coffee producers.”20 ABLE TO MOTIVATE OTHERS 49% Some argue that the polder model is simply a strong desire for consensus but as John Peet observes in The Economist, it was clearly expressed in the institutional arrangements of the Netherlands after the Second World War.21 The private Labour Foundation, consisting of representatives of both employers and employees (commonly called ‘social partners’), was established first. Then in 1950, the government set up the public Social and Economic Council, which has government representatives on it as well. Peet observes that consensus and decentralisation are also built into the fabric of the Dutch political system. The Dutch republic was based on consensus among the seven provinces that initially made up the United Provinces. This consensus-based approach is reflected today in the Dutch parliament where proportional representation and the lack of any threshold before a party can gain parliamentary seats mean that there are many parties in parliament and governments are often coalitions.22 GEN Y NETHERLANDS’ IDEAL BOSS: 26% LEADER 49% CONFIDANT/ DISCUSS PRIVATE & WORK MATTERS 49% COACH/MENTOR 22% ADVISOR 9% DIRECTOR/ ALLOCATOR OF WORK 7% FRIEND 25% PEER 10 GEN Y AND THE WORLD OF WORK GEN Y AND THE WORLD OF WORK 11
  • 7. 2. LEADERSHIP where their views are respected and valued regardless of seniority. It doesn’t look like they will respond well to directive or distant management! This seems to fit with the prevailing business and political culture in the Netherlands.27 TRANSPARENCY EXPECTED AND VALUED IN LEADERS When it comes to the qualities they value most in a workplace leader, a quarter of Gen Y Netherlands say transparency and openness, which is joint highest among all the countries we surveyed (along with their neighbours Germany). The Netherlands has a reputation for being one of the least corrupt nations in the world—the country ranked eighth worldwide in Transparency International’s Corruption Perceptions Index for 2013.28 Dutch people don’t consider corruption to be a major problem in the Netherlands,29 and it seems that Gen Y Netherlands value this and expect their workplace leaders to live up to it. MOTIVATION AND DECISIVENESS STILL IMPORTANT Even though Gen Y Netherlands appreciate egalitarian relationships with their bosses, they also value some fairly traditional characteristics. Just under half (49 per cent) think that the ability to motivate others is important in a workplace leader and 31 per cent value decisiveness. This latter finding sets Gen Y Netherlands apart from their contemporaries in Western Europe (only Gen Y Japan, Poland and China rate decisiveness more highly among all the countries we surveyed). This is perhaps a reflection of the Dutch tradition of direct communication and contribution to the decision-making process, and may be a trait valued in all colleagues rather than just leaders. Muriel Arts, co-founder of the SEAL Institute and former Unilever employee says: “The Dutch have a capacity to see a dilemma for what it is and look for solutions… During my time [at Unilever], it was often the Dutch who would set the direction and have strong opinions on issues.”30 IMPLICATIONS FOR HR Our survey indicates that Gen Y Netherlands want decisive, but not overbearing, leadership from their bosses. Companies will need to find managers who can combine decisive, transparent, motivational leadership with a willingness to involve Gen Y Netherlands employees in a personal way. But perhaps one of the most profitable ways that organisations can foster good relations between Gen Y Netherlands employees and their bosses is to put well-structured mentoring schemes in place. By the same token, employers should ensure that managers know they must invest in Gen Y Netherlands employees, listen to them, and not just act as allocators of work. It will also be important for Gen Y Netherlands to understand how their preferences differ to those of other nationalities too, especially for leading or participating in cross-cultural teams and working environments. : 12 GEN Y AND THE WORLD OF WORK GEN Y AND THE WORLD OF WORK 13
  • 8. 3. ENTREPRENEURSHIP The Dutch have been successful entrepreneurs and traders for centuries, ever since the rapid development of international merchant trading in the Dutch Golden Age of the 17th century. Even today, the economy of the Netherlands is dependent on foreign trade and derives more than 65 per cent of its GDP from both port activities and merchandise exports. The port of Rotterdam is the largest port in Europe and the third busiest in the world.31 ENTREPRENEURIAL INTENTIONS: 5% ARE SELF 50% EMPLOYED/HAVE THEIR OWN BUSINESS ARE NOT INTERESTED IN HAVING THEIR OWN BUSINESS This tradition of business activity has continued into the 21st century and the Netherlands is now fertile ground for start-up enterprises. It benefits from Europe’s fastest internet speed and second-highest broadband penetration32 and Martijn Groot, co-founder of Dutch startup Peecho, a print company, observes: “The cloud is connecting Amsterdam start-ups in the way the ocean did in the 15th century.”33 Amsterdam, along with Utrecht, is considered to be a creative centre and the cities of Rotterdam, Delft and The Hague are known 38% 7% WOULD CONSIDER HAVING THEIR OWN BUSINESS IN THE FUTURE AGREE THAT HAVING THEIR OWN BUSINESS IS THEIR MAIN CAREER OBJECTIVE as technology hubs.34 Eindhoven also stands out as the home of High Tech Campus, a world-renowned R&D ecosystem. Along with the country’s competitive tax regime, which includes an effective business tax rate of five per cent and a research and development allowance,35 these factors have combined to make the Netherlands one of the most entrepreneurially appealing countries in the world. The country ranked ninth on the Global Entrepreneurship Development Index 2014.36 The High Tech Campus in Eindhoven, described as ‘the smartest square kilometre in the world’,37 is an organisation that aims to drive free sharing of ideas and facilitation of research and development of new technologies, environmental work and smart business. It comprises over 125 companies and institutes with 10,000 engineers, researchers and entrepreneurs. Companies from this campus are responsible for nearly 40 per cent of all Dutch patent applications.38 Companies associated with it include Accenture, Capgemini, IBM and Intel.39 And the Dutch government is set to introduce legislation that will further improve the Netherlands’ start-up ecosystem.40 Anne-Wil Lucas, the MP who proposed the legislation, says: “Start-ups make up for a lot of jobs, 60 per cent of the job growth comes from companies that didn’t exist five years ago. It’s only normal that we focus on those companies that can bring growth and job growth to the Netherlands.”41 But despite such favourable conditions for entrepreneurs, our Gen Y Netherlands sample don’t appear to have much enthusiasm for starting their own businesses or for international travel with work compared to their peers elsewhere. That isn’t to say, however, that this generation don’t have initiative or a desire for self-improvement. They are very willing to engage in further study when in work, especially if it brings them progression in their careers, more money or professional recognition. SELF-EMPLOYMENT NOT A PRIORITY Only seven per cent of Gen Y Netherlands say that having their own business is one of their main career objectives; this is the lowest proportion among all the countries we surveyed (the cross-country average is 19 per cent). Similarly, half of them say they are not interested in working for themselves (second fewest overall after Gen Y Japan at 58 per cent). As discussed previously, the Dutch language is littered with idioms and proverbs discouraging individuals from trying to rise above the rest.42 While business, innovation and entrepreneurship thrive in the Netherlands, the focus is not on the individual, and perhaps this cultural reluctance to stand out or break with normality may partly account for the lack of enthusiasm for self-employment among Gen Y Netherlands. Even though self-employment isn’t a priority for the majority of Gen Y Netherlands, this shouldn’t be interpreted as a lack of initiative. Over half of them (55 per cent) want autonomy in their work. Companies should take this as an encouraging sign—they don’t want to run their own business, but they do want to take charge of their work. LITTLE INTEREST IN INTERNATIONAL WORK Our sample are also relatively uninterested in international work. 40 per cent say they are not interested in any international opportunities, which is the second highest proportion of all the countries we surveyed 94% ARE STUDYING OR ARE WILLING TO STUDY FURTHER THROUGHOUT THEIR CAREER (just behind Gen Y Japan at 44 per cent). Only 13 per cent would like to live and work overseas, and just over one in three (35 per cent) are interested in working in the Netherlands with some international travel or on international projects (far below the cross-country average of 44 per cent). Impressively, the Netherlands is ranked third by the OECD in terms of earnings, job security and employment, and fourth in terms of work-life balance.43 Along with the vast amount of international trade coming through Rotterdam, perhaps these favourable conditions mean that Gen Y Netherlands don’t see any need to go abroad for work because they see so much opportunity at home. MAJORITY WILLING TO STUDY FOR ADDITIONAL QUALIFICATIONS The Netherlands ranks in the top ten OECD countries in terms of education standards44 and has an enormous 76 per cent enrolment rate in tertiary education, far above the world average of 30 per cent.45 It seems that this academic start in life has an impact on Gen Y Netherlands, and their thirst for knowledge does not stop when they leave school or university. Our sample are very interested in further study. 94 per cent of them are willing to study or are already studying for additional professional qualifications. Of these, more than one in three (37 per cent) say they would do so if it helped their career progress more quickly and one in four if it meant they could earn more money. Clearly Gen Y Netherlands are willing to study in order to get ahead, especially in view of the fact that for almost half of them (45 per cent), training and development is one of the most important factors for them when choosing a job. Our survey also explored the reasoning behind Gen Y Netherlands’ desire for further study. Interestingly, 19 per cent would study for additional qualifications if it meant they received more recognition at work. This puts Gen Y Netherlands joint second overall with Japan for this motivation (just one per cent behind China and Brazil). When viewed with some of our other findings, it appears that recognition is quite important to Gen Y Netherlands. Just under one in three (31 per cent) say achieving professional recognition is what defines career success and just over one in three (36 per cent) say personal recognition is what they want most from their career. IMPLICATIONS FOR HR Even though Gen Y Netherlands are not particularly entrepreneurial compared to their peers in other countries, this group should not be dismissed as lacking initiative. Not only do they want autonomy in their work but they are also eager to improve their prospects by taking part in further training and development. In fact, it is probably good news to companies looking to bring in the best of this young talent pool. The brightest minds are not as likely to start their own business as elsewhere, and can instead be attracted to working for organisations that offer them the right environment. To get the best out of Gen Y Netherlands, employers should give them the opportunities to run their own projects and look after their own deadlines. Companies can also foster this cohort’s desire to improve their prospects by providing or sponsoring training which helps progress their careers where possible, and encouraging a culture of continuous learning. It will also be important to spend time on developing appropriate financial and non-financial tools to address their desire for recognition, given the importance of this in defining career success for Gen Y Netherlands. 14 GEN Y AND THE WORLD OF WORK GEN Y AND THE WORLD OF WORK 15
  • 9. TOP FIVE FACTORS WHEN DECIDING ON A POTENTIAL EMPLOYER: FUN / SOCIAL INTERACTION 61% TRAINING AND DEVELOPMENT 45% FLEXIBILITY 43% BENEFITS OFFERED 23% ONGOING STUDY OPPORTUNITIES 21% countries we surveyed, nine per cent more than the next highest Gen Y cohort (Japan). 45 per cent also say that social life around work is important to them in terms of the work environment, with Gen Y Netherlands second only to their German peers in this preference. Taken together, these findings present Gen Y Netherlands as a very sociable group. This is perhaps partly explained by an important aspect of Dutch culture—gezelligheid. There is no direct translation for this word but it refers to a kind of togetherness, conviviality or social intimacy that is highly valued in the Netherlands.50 DESIRE FOR FLEXIBILITY AND AUTONOMY Gen Y Netherlands’ appreciation for sociability in the workplace is followed by a desire for flexibility. They come out on top among all the countries we surveyed both in their preference for the possibility of working from home (40 per cent, equalled only by Gen Y Brazil) and the possibility of working flexible hours (53 per cent, equalled only by Gen Y Australia). Flexible working arrangements are one way to ensure a work-life balance is maintained and it may be that Gen Y Netherlands are aware of their country’s good reputation for reasonable working conditions, and are keen to see this continued. Contrary to many other Western countries, the Netherlands has made significant efforts to reduce the working hours of the population since the 1980s. In 1982 the Wassenaar Arrangement was signed by both employers and unions, which led to restrained wage growth in exchange for lower working hours and expanded part time employment opportunities. 51 This did not have the negative effect on the economy many would have expected—in fact, it is argued that it was one of the key catalysts in the Dutch economic turnaround known as the ‘Dutch Miracle’. Unemployment fell from 12 per cent to five per cent, while the average work week was cut by three hours.52 The changes did not end there. In 2000, the Dutch parliament passed the Working Hours Adjustment Act. According to this law, workers who have been with a company more than a year can request an increase or decrease in working hours, and the employer can only refuse if they can prove it would cause significant financial difficulty for the firm.53 Employees that do this retain their rights in terms of hourly pay, holiday, pensions and sick leave. They are also expected to be considered fairly for other jobs and promotion. This law is especially important to working parents wishing to spend more time with their children, but is indicative of a wider trend in the Netherlands to create a better work-life balance.54 Perhaps related to the desire to choose their working hours and location is the fact that over half of Gen Y Netherlands (55 per cent) rate autonomy as an important part of a working environment. This is once again the highest proportion 4. ATTRACT Gen Y Netherlands have grown up in a country with a highly favourable employment environment, and which performs well across a range of measures. Perhaps most notably it has the second best work-life balance among all OECD countries.46 This is likely related to the fact that the Netherlands has the second lowest number of people who work long hours (i.e. more than 50 hours per week) among OECD countries.47 The Dutch value time off and are disciplined at keeping their work within the confines of regular office hours,48 a similarity they share with their German neighbours. REWARDS & BENEFITS FIVE MOST ATTRACTIVE REWARDS AND BENEFITS: 73% BASE SALARY The financial side of employment in the Netherlands is just as impressive. The country ranks seventh in the OECD’s Better Life Index in terms of personal earnings, with an average household disposable income of US$29,697 per year, compared to the OECD average of US$23,938.49 The GDP per capita is also high at US$45,960, which compares to the UK, for example, at US$38,919. 44% POTENTIAL TO EARN BONUS 53% FLEXIBLE WORKING— WORK FLEXIBLE HOURS Against this context, it is no surprise that Gen Y Netherlands have some strong preferences for what they look for in a potential employer. They want more than a good work-life balance and fair financial compensation. In particular, we’ve found that they want to have fun in the workplace and a high degree of flexibility when it comes to working hours and location. 40% FLEXIBLE WORKING— WORK AT HOME DESIRE FOR A FUN AND SOCIABLE WORKPLACE When asked about what’s most important when deciding to work for a potential employer, a staggering 61 per cent of Gen Y Netherlands say they want fun and social interaction. This is by far the highest proportion among all the 16 GEN Y AND THE WORLD OF WORK GEN Y AND THE WORLD OF WORK 17
  • 10. 4. ATTRACT MOST IMPORTANT ASPECTS OF THE WORK ENVIRONMENT: 76% 55% 45% 36% INTERESTING WORK among all the countries we surveyed by nine per cent (the closest are Gen Y France with 46 per cent). In many other country reports we see a correlation between groups with high entrepreneurial intentions and interest in having flexibility or autonomy in their work. The Netherlands seem to buck this trend, and they are perfectly willing to achieve these kind of perks by working for others rather than themselves. CAREER PATH AND PROGRESSION LESS IMPORTANT Gen Y Netherlands also stand out in terms of what they don’t particularly look for in a job. First, they are notably uninterested in a defined career path. Only seven per cent say this is important to them when deciding to work for a potential employer, the least among all the countries we surveyed (the cross-country average is 26 per cent). This reticence towards a defined career path is probably one expression of Gen Y Netherlands’ strong preference for flexibility (as noted above). SOCIAL LIFE AROUND WORK AUTONOMY IN YOUR WORK Secondly, the ability to progress quickly in their careers is another factor which fails to muster much enthusiasm among Gen Y Netherlands. Fewer than one in five (17 per cent) see this as important—only Gen Y Japan are less enthusiastic about rapid career progression (12 per cent). Perhaps this is a sign of greater patience among this group, or a manifestation of the Dutch cultural unease with individuals who try to break from the crowd too much. Finally, benefits offered are also a relatively low priority for Gen Y Netherlands. Just over one in five (23 per cent) see this as important, which is the fewest among all the countries we surveyed. They are quite similar to neighbours Gen Y Germany in this regard, only 25 per cent of whom say benefits offered are important. The relatively low importance of benefits among Gen Y Netherlands makes sense in the context of a very good employment environment (outlined above), where personal earnings are relatively high and work-life balance is among the best in the developed world—it may well be assumed that these things are a given rather than a perk. FLEXIBLE HOURS IMPLICATIONS FOR HR Gen Y Netherlands are quite clear on what they want from a job. In particular, they are looking for a fun and sociable environment and a high degree of flexibility. Given the important part that sociability plays in Dutch culture and the value that Gen Y Netherlands place on it, companies will need to demonstrate that they are fun places to work at in order to attract the best talent. Evidencing such a working culture through employees and social media channels would be a sensible approach for many organisations to take. Organisations will also need to consider how to create an employee value proposition which takes account of Gen Y Netherlands’ strong preference for flexibility. The option of working flexible hours and, to a lesser extent, the possibility of working from home could be vital in attracting the best talent for some companies. Again, work-life balance and the rarity of long hours are established elements of Dutch working culture, so need to be respected and accommodated in any employment packages aimed at Gen Y Netherlands. 18 GEN Y AND THE WORLD OF WORK GEN Y AND THE WORLD OF WORK 1197
  • 11. 5. RETAIN The unemployment rate in the Netherlands rose steadily in 2013 to an average of around 8.5 per cent, above many of its European neighbours. However, while the youth unemployment rate is higher, at 11.5 per cent, it is considerably lower than many other European neighbours, such as the UK at 19.5 per cent, France at 23.6 per cent, Italy at 42.3 per cent and Spain at over 50 per cent.55 WHAT GEN Y NETHERLANDS WANT MOST FROM THEIR WORK: INTERESTING WORK 66% JOB SECURITY 42% PERSONAL RECOGNITION 36% It’s been argued that a flexible approach to work contracts for young people in the Netherlands has helped keep this figure low. The Work Foundation, part of Lancaster University in the UK, has suggested that many young people in the Netherlands use less desirable, less secure short-term contracts as a stepping-stone into the world of work.56 This seems to be improving their prospects and helping them find permanent positions. TO BE CHALLENGED CONSTANTLY 36% HELPING OTHERS 30% ACQUIRE KNOWLEDGE AND EXPERTISE 27% Furthermore, the population of the Netherlands is aging,57 and the number of new entrants to the job market is being reduced.58 It may be that the young Dutch people find the demand for their services outstripping supply, and this is sure to have an effect on their preferences for work. It will be vital for organisations to understand what Gen Y Netherlands want out of their careers if they are to prevent the best talent from moving on to other jobs. As noted in the previous chapter, the Netherlands has a very favourable employment environment and it’s likely that this will further contribute to Gen Y Netherlands’ expectations of potential employers. The results of our survey provide a number of insights for employers on how to keep Gen Y Netherlands engaged. A large majority define career success as enjoying their work. When SATISFACTION AT WORK: 53% 49% 37% 35% 32% FEELING VALUED AND APPRECIATED VARIED/INTERESTING it comes to what gives them this kind of satisfaction, Gen Y Netherlands are looking for challenge, recognition and above all, interesting work. We also found that over four fifths (81 per cent) expect to have six or fewer employers in their career, and 40 per cent expect to have less than four. It seems that, despite their relatively strong position in the employment market, Gen Y Netherlands do not plan to job hop too much if given the right working environment, which is good news for employers. NOT MOTIVATED BY MONEY WORK As previously mentioned, the Netherlands has a relatively high average disposable income of US$29,697 per year, compared to an OECD average of US$23,938.59 Against this context, we have found that Gen Y Netherlands stand out in terms of their relative lack of enthusiasm for financial reward compared to other countries. Only 16 per cent say personal FEELING YOU HAVE MADE A POSITIVE CONTRIBUTION wealth is what they want most from their career—by far the lowest number among all the Gen Y cohorts we have surveyed. Similarly, only 35 per cent of respondents say that financial reward is what gives them the most satisfaction at work. This is significantly lower than the cross-country average of 46 per cent and the second lowest proportion overall. These findings may be a result of the already high average income in the Netherlands and an expectation among Gen Y that their jobs will typically provide a good level of pay. CAREER SUCCESS MEANS ENJOYING WORK AND BEING CHALLENGED Our Gen Y Netherlands sample are emphatic about what best defines career success for them. Over three quarters (76 per cent)—by far the highest proportion among all the countries we have surveyed—say it is achieving job satisfaction/enjoying their work. As FINANCIAL REWARD LEARNING AND DEVELOPMENT The Dutch value their time off from work and this is reflected in their work legislation. It is a requirement in the Netherlands for employees to receive a holiday bonus, or ‘vakantiegeld’ paid out in May each year (on top of their paid leave). It constitutes eight per cent of a worker’s annual salary, unless that salary is more than three times minimum wage.60 It is even paid to those on social security.61 This benefit is highly valued, and if an employer fails to pay it in time they are required to make additional payments.62 previously mentioned, many of them will have taken less desirable jobs early on as a stepping-stone in their career. It may be that this experience has taught them the value of enjoyable work.63 20 GEN Y AND THE WORLD OF WORK GEN Y AND THE WORLD OF WORK 21
  • 12. 5. RETAIN CAREER SUCCESS INDICATORS: 76% ACHIEVING JOB SATISFACTION/ ENJOYING MY WORK ACHIEVING A WORK/LIFE BALANCE Combined with the finding that 61 per cent of Gen Y Netherlands are looking for fun and social interaction in a potential employer, it certainly seems that they have an understanding that much of their lives will be spent at work and so want the experience to be as enjoyable as possible. This is corroborated by the experience of those of Gen Y Netherlands who already have some work experience. Just under half (49 per cent) say that varied and interesting work is what gives them the most satisfaction in their jobs. It also seems that part of what constitutes engaging work for Gen Y Netherlands is an element of challenge. More than one in three (36 per cent) say that to be challenged constantly is what they want most from their work/their career—the most among all the countries we surveyed. DESIRE FOR PERSONAL AND PROFESSIONAL RECOGNITION Respondents to our survey are noteworthy in their desire for recognition—Gen Y Netherlands want this in both a personal and professional capacity. Just under one in three (31 39% CREATING PERSONAL WEALTH/BEING WELL PAID 42% ATTAINING JOB per cent) put achieving professional recognition in their top three factors of what best defines career success (only Gen Y France and Brazil had more respondents opting for this). And just over one in three (36 per cent) have personal recognition in their top three of what they want most from their work, well over the cross-country average of 20 per cent. This desire for recognition may tie in with the need of Gen Y Netherlands to feel valued and appreciated. Over half (53 per cent) of those with employment experience say that feeling valued and appreciated is what gives them the most satisfaction at work. This perhaps seems to be at odds with the polder tradition of ignoring individual accomplishment in favour of group achievements. Finding a balance that accommodates both appropriately will be important. IMPLICATIONS FOR HR The declining number of new entrants into the Dutch labour market highlights the importance of the role businesses have in keeping Gen Y Netherlands 31% ACHIEVING PROFESSIONAL RECOGNITION 33% SECURITY engaged. Thankfully, Gen Y are quite clear on what is likely to keep them in a job. If organisations can ensure that Gen Y Netherlands employees are enjoying their work, at least three quarters of them will feel successful in their careers and will therefore be more likely to stay on. In light of Gen Y Netherlands’ unique level of enthusiasm for being challenged, a successful strategy for retaining them could feature a healthy dose of specific goals and targets, as well as providing them work relevant to their skills and interests. Finally, this cohort’s desire for recognition shouldn’t be neglected. Celebrating exceptional work and rewarding this with relevant recognition will go a long way towards retaining the best talent in the workplace. 22 GEN Y AND THE WORLD OF WORK GEN Y AND THE WORLD OF WORK 23
  • 13. IMPLICATIONS FOR HR The propensity for Gen Y Netherlands to allow their social lives to encroach on their working lives means that companies would do well to ensure that their social media policies are fit for purpose, especially as this cohort are likely to carry their prolific usage over into the workplace.71 Recruitment strategies appear to be more conventional at present— Gen Y Netherlands don’t expect social media to replace traditional methods. Companies looking to recruit from this cohort should therefore be aware that this group are fully prepared to provide a CV and should make sure this remains central to any recruitment strategy. At the same time, given their propensity to use social media, encouraging employees to showcase their working culture, in parallel with any appropriate corporate messaging, through these channels will be helpful as attraction and retention mechanisms. 6. TECHNOLOGY AND SOCIAL MEDIA AT WORK As one would expect for a developed European nation, the Netherlands is well connected digitally. Significantly, the Netherlands ranks first worldwide in terms of internet penetration for social networks Facebook and LinkedIn.64 10 million people accessed a social networking site in the Netherlands during May 2013 (among a population of 16.7 million) and social networks reached 85.3 per cent of the total Dutch internet audience.65 Among these sites, Facebook was the clear leader with 8.7 million unique visitors; more than double that of LinkedIn, which came in second place with an audience of 3.8 million unique visitors.66 Smartphone penetration is also growing quickly in the Netherlands, reaching 72 per cent of Dutch mobile phone users in Q3 of 2013, up from 56 per cent a year earlier.67 According to research from the Telecompaper Consumer Panel, the average smartphone user in the Netherlands is getting younger—in Q3 2013 almost a third of smartphone users were students.68 In this context, our own research shows that Gen Y Netherlands are indeed prolific users of social media and see it as an important mode of communication both now and in the future. This is not necessarily a good thing, however—our findings suggest that this cohort believe that social media can encroach on their work. Further, we found that despite their affinity with technology, Gen Y Netherlands acknowledge the role that traditional forms of communication will continue to have in recruitment. SOCIAL MEDIA USE EXPECTED TO BE PREVALENT We asked our Gen Y Netherlands sample what they think will be the most common form of communication in the workplace five years from now. 40 per cent say corporate or business specific social media, the second highest proportion of all the countries we have surveyed (behind Gen Y Brazil). A quarter say personal social media—by far the highest number among all the Gen Y cohorts we have surveyed. As outlined above, the Dutch are avid users of social media so it comes as no surprise that this younger generation see it as continuing to have an important role. The Netherlands has a strong tradition of technology companies. A prime example is Philips, which has been in business for over 120 years. It started in 1891 as a producer of carbon-filament lamps and now produces consumer electronics, domestic appliances and healthcare products as well as lighting. As of 2012, it was the largest manufacturer of lighting in the world. In that year it posted sales of €24.8 billion and employed 114,000 people.69 This tradition of technological companies is also manifested in the High Tech Campus in Eindhoven, as well as Amsterdam start-up LayerGloss, which allows people to easily build their own iOS applications (named one of Europe’s hottest start-ups in 2012 by Wired Magazine).70 Despite this, Gen Y Netherlands also see more traditional forms of communication continuing to play a part in the business world. Two thirds think email will be one of the most common forms of communication in the workplace and 57 per cent include mobile phone calls in their top three. SOCIAL MEDIA INTRUDING INTO THE WORKPLACE 59 per cent of Gen Y Netherlands agree with the statement “Technology is blurring the boundaries between work life and social life”. Furthermore, this group have the highest number (63 per cent) among all the countries we surveyed who say social media is distracting at work. However, this group have the fewest number who can’t resist looking at work emails on holiday (25 per cent) and the fewest who find it hard to switch off from work at weekends due to constant connectivity (22 per cent). It seems that this is a group who are adept at keeping work out of their social lives, but not vice versa. This is perhaps unsurprising, considering that the OECD rank the Netherlands fourth out of all countries covered in terms of work-life balance.71 It seems that Gen Y Netherlands want to enjoy good social relationships with their colleagues but prefer not to allow the encroachment of work on their social lives. CV STILL STANDS STRONG Even though LinkedIn is very popular across the country and among Gen Y Netherlands (23 per cent see it as the most important thing to have when looking for a job), our sample say that having a CV is more important. 48 per cent say having a one or two-page CV is the most important thing to have when looking for a new job, far and away the most popular option. Clearly, although LinkedIn has a huge presence in the Netherlands, it hasn’t usurped the traditional CV. However, social media is expected to play a role in the recruitment process. Over half of our sample (52 per cent)—the second highest among all the countries we surveyed—expect prospective employers to look at their social media profile and say they would do the same in their position. REFERENCES 1. World Economic Forum http://reports.weforum.org/ the-globalcompetitiveness-report-2013-2014/#secti on=countryeconomyprofiles-netherlands 2. United Nations Development Programme https://data.undp.org/dataset/ Table-1-Human-Development-Indexand-its-components/wxub-qc5k 3. Sustainable Development Solutions Network http://unsdsn.org/ resources/publications/world-happiness-report-2013/ 4. OECD Better Life Index 5. Startupjuncture.com. Op cit. 6. Holland Alumni (2013) https://www.hollandalumni.nl/career/ our-dutch-business-culture/organisational-structure 7. Balch, O. (2013) ‘Going Dutch: why the country is leading the way on sustainable business’, The Guardian, September, http://www.theguardian.com/ sustainable-business/blog/dutch-companies-leading-sustainable-business’ 8. OECD (2013) ‘How’s Life? 2013: Measuring Wellbeing’, http://www. keepeek.com/Digital-Asset-Management/oecd/economics/how-s-life- 2013/how-s-life-at-a-glance_how_life-2013-6-en#page17 9. OECD passim 10. Crowley L., Jones K., Cominetti N. & Gulliford J. (2013) ‘Youth unemployment in a global context’, The Work Foundation, January, http://www.theworkfoundation.com/DownloadPublication/ Report/329_International%20Lessons.pdf 11. Passport To Trade 2.0 (2013) http://businessculture.org/western-europe/ business-culture-in-netherlands/social-media-guide-for-netherlands/ 12. Telecompaper (2013) ‘Dutch smartphone penetration hits 72% in Q3’, August 13. Thierry, H. (1998) ‘Culture and Leadership in a Flat Country’, p. 6 14. Transparent.com (2013) ‘Be Norman, and Other Reasons the Dutch are Plain as Appletaart’, May, http://blogs.transparent.com/dutch/be-normal- and-other-reasons-why-the-dutch-are-plain-as-appeltaart/ 15. Thierry, H. (1998) ‘Culture and Leadership in a Flat Country’, p. 12 16. eDiplomat (2014) 17. Peet, J. (2002) ‘Model Makers’, The Economist, May, http://www.economist.com/node/1098153 18. Peet, J. passim 19. Rossingh, D. (2003) ‘Dutch miracle breaks down’, BBC News, April, http://news.bbc.co.uk/1/hi/business/2882451.stm 20. Vossestein, J. (1998) ‘Dealing with the Dutch’, http:// businessculture.org/western-europe/business-culture-in-netherlands/ meeting-etiquette-in-netherlands/ 21. Peet, J. passim 22. Government of the Netherlands, ‘Coalition Agreement’, Government. nl http://www.government.nl/government/coalition-agreement 23. Holland Alumni (2013) ‘Dutch Business Culture: Organisational Structure’, https://www.hollandalumni.nl/career/our-dutch- business-culture/organisational-structure 24. The Guardian passim 25. Holland Alumni (2013) ‘Dutch Business Culture: Meetings and Negotiation’, https://www.hollandalumni.nl/career/our-dutch- business-culture/meetings-and-negotiations MOST IMPORTANT TOOLS WHEN LOOKING FOR A NEW JOB 48% THINK IT IS MOST IMPORTANT TO HAVE A ONE OR TWO-PAGE CV 23% HAVING A COMPLETE PROFILE ON LINKEDIN 26. Centre for Intercultural Learning (2009) ‘Cultural Information— 12% RECOMMENDATIONS Netherlands’ http://www.intercultures.ca/cil-cai/ci-ic-eng.asp?iso=nl 27. Expatica.com (2012) ‘Dutch society and working culture’, http://www.expatica.com/nl/essentials_moving_to/ country_facts/The-Netherlands-at-a-glance.html 28. Transparency International (2013) ‘Corruption Perceptions Index 2013’, http://www.transparency.org/cpi2013/results 29. Global Advice Network (2014) ‘Netherlands Country Profile’, http://www.business-anti-corruption.com/country-profiles/ europe-central-asia/netherlands/snapshot.aspx 30. The Guardian passim 31. Trading Economics (2014) ‘Netherlands GDP Growth Rate’, http:// www.tradingeconomics.com/netherlands/gdp-growth HAVING ON LINKEDIN 32. Chau, L. & Schiefelbein, J. (2014) ‘How the Netherlands built a thriving startup scene’, U.S. News, February, http://www.usnews.com/opinion/economic-intelligence/ 2014/02/14/how-the-netherlands-built-a-thriving-startup-scene 33. Armstrong, S. (2013) ‘Europe’s hottest startup capitals: Amsterdam’, Wired, October, http://www.wired.co.uk/magazine/ archive/2013/11/european-startups/amsterdam 34. U.S. News passim 35. U.S. News passim 36. GEDI (2014) ‘The Global Entrepreneurship and Development Index 2014’, http://www.thegedi.org/research/gedi-index/ 37. Startupbootcamp.org (2014) ‘About the Accelerator’, http://www. startupbootcamp.org/accelerator/hightech-eindhoven.html 38. Hightechcampus.com (2014) ‘About the Campus’, http:// www.hightechcampus.com/about_the_campus 39. Hightechcampus.com passim 40. Saberi, S. (2014) ‘Dutch Government opt for improving nations startup ecosystem’, Startupjuncture.com, March, http:// startupjuncture.com/2014/03/19/dutch-government-opts- for-improving-nations-startup-ecosystem/ 41. Startupjuncture.com passim 42. Trip Advisor (2014) ‘The Netherlands: Culture’, http://www.tripadvisor. co.uk/Travel-g188553-s202/The-Netherlands:Culture.html 43. OECD Better Life Index passim 44. OECD Better Life Index passim 45. World Bank (2012) ‘School Enrolment: Tertiary’ http:// data.worldbank.org/indicator/SE.TER.ENRR 46. OECD (2014) ‘Better Life Index: Work-life balance’, http://www. oecdbetterlifeindex.org/topics/work-life-balance/ 47. OECD (2013) ‘How’s Life? 2013’, http://www.keepeek.com/ Digital-Asset-Management/oecd/economics/how-s-life-2013/ how-s-life-at-a-glance_how_life-2013-6-en#page17 48. Expatica.com (2014) ‘Essentials To Moving To The Netherlands’, http://www.expatica.com/nl/essentials_moving_to/ country_facts/The-Netherlands-at-a-glance.html 49. OECD Better Life Index passim 7% HAVING AN ACTIVE FACEBOOK PROFILE 50. DutchAmsterdam.com ‘Gezellig: A Word That Encompasses The Heart Of Dutch Culture’, http://www.dutchamsterdam.nl/155-gezellig 51. de Graaf, J., & Batker, D. (2011) ‘Americans Work Too Much for Their Own Good’, Bloomberg, November http://www.bloombergview.com/articles/2011-11-03/ americans-work-too-much-for-their-own-good-de-graaf-and-batker 52. de Graaf, J. & Batker, D. passim 53. Groenendijk, H. & Keuzenkamp, S. (2010) ‘The Netherlands’, The Leave Network.org, October, http://www.leavenetwork.org/fileadmin/ Leavenetwork/Country_notes/The_Netherlands.published.oct_2010.pdf 54. de Graaf, J. & Batker, D. passim 55. Trading Economics (2013) ‘Unemployment Rates’, http://www. tradingeconomics.com/country-list/unemployment-rate 56. Crowley L., Jones K., Cominetti N. & Gulliford J. (2013) ‘Youth unemployment in a global context’, The Work Foundation, January, http://www.theworkfoundation.com/DownloadPublication/ Report/329_International%20Lessons.pdf 57. OECD (2013) ‘Demographic Change in the Netherlands: Strategies for resilient labour markets’ http://www.oecd. org/cfe/leed/demo_change_netherlands.pdf 58. OECD (2013) passim 59. OECD Better Life Index passim 60. Jobat.be (2012) ‘Bereken je vakantiegeld’, http://www. jobat.be/nl/artikels/bereken-je-vakantiegeld/ 61. Dutch News (2014) ‘A Dictionary of Dutchness’, Dutch News.nl, May, http://www.dutchnews.nl/dictionary/vakantiegeld.php 62. Jobat.be passim 63. Crowley L., Jones K., Cominetti N. & Gulliford J. passim 64. Passport To Trade 2.0 ‘Social Media’, http://businessculture.org/western-europe/ business-culture-in-netherlands/social-media-guide-for-netherlands/ 65. ComScore Data Mine (2013) ‘Who uses social networks in the Netherlands?’, June, http://www.comscoredatamine.com/2013/06/ who-uses-social-networks-in-the-netherlands/ 66. ComScore Data Mine passim 67. Telecompaper (2013) ‘Dutch Smartphone Penetration Hits 72% In Q3’, October, http://www.telecompaper.com/news/ dutch-smartphone-penetration-hits-72-in-q3--973995 68. Telecompaper passim 69. Phillips (2014) ‘Company Profile’, http://www.philips. co.uk/about/company/index.page 70. Parton, H. (2012) ‘Europe’s 100 hottest startups 2012: Amsterdam’, Wired Magazine, August, http://www.wired.co.uk/ magazine/archive/2012/09/european-startups/london 71. OECD passim 24 GEN Y AND THE WORLD OF WORK GEN Y AND THE WORLD OF WORK 25
  • 14. ABOUT HAYS SELECT BIBLIOGRAPHY Hays is the world’s leading recruiting expert in qualified, professional and skilled work. We employ over 7,800 staff in 239 offices across 33 countries. Last year we placed around 53,000 people in permanent jobs and nearly 182,000 in temporary positions. Hays works across 20 areas of specialism, from healthcare to telecoms, banking to construction and education to information technology, covering the private, public and not-for-profit sectors. Our recruiting experts deal with 150,000 CVs every month and more than 50,000 live jobs globally at any one time. The depth and breadth of our expertise ensures that we understand the impact the right individual can have on a business and how the right job can transform a person’s life. Our job is to know about professional employment, employers and employees. For more information, visit hays.com Armstrong, S. (2013) ‘Europe’s hottest startup capitals: Amsterdam’, Wired, October, http://www. wired.co.uk/magazine/archive/2013/11/european-startups/amsterdam Balch, O. (2013) ‘Going Dutch: why the country is leading the way on sustainable business’, The Guardian, September, http://www.theguardian.com/sustainable-business/blog/dutch-companies-leading-sustainable-business Centre for Intercultural Learning (2009) ‘Cultural Information—Netherlands’ http://www.intercultures.ca/cil-cai/ci-ic-eng.asp?iso=nl Chau, L. & Schiefelbein, J. (2014) ‘How the Netherlands built a thriving startup scene’, U.S. News, February, http://www. usnews.com/opinion/economic-intelligence/2014/02/14/how-the-netherlands-built-a-thriving-startup-scene ComScore Data Mine (2013) ‘Who uses social networks in the Netherlands?’, June, http://www. comscoredatamine.com/2013/06/who-uses-social-networks-in-the-netherlands/ Crowley L., Jones K., Cominetti N. & Gulliford J. (2013) ‘Youth unemployment in a global context’, The Work Foundation, January, http://www.theworkfoundation.com/DownloadPublication/Report/329_International%20Lessons.pdf de Graaf, J., & Batker, D., (2011) ‘Americans Work Too Much for Their Own Good’, Bloomberg, November http://www. bloombergview.com/articles/2011-11-03/americans-work-too-much-for-their-own-good-de-graaf-and-batker Dutch News (2014) ‘A Dictionary of Dutchness’, Dutch News.nl, May, http://www.dutchnews.nl/dictionary/vakantiegeld.php DutchAmsterdam.com. ‘Gezellig: A Word That Encompasses The Heart Of Dutch Culture’, http://www.dutchamsterdam.nl/155-gezellig eDiplomat (2014) Expatica.com (2012) ‘Dutch society and working culture’, http://www.expatica.com/nl/ essentials_moving_to/country_facts/The-Netherlands-at-a-glance.html Expatica.com (2014) ‘Essentials To Moving To The Netherlands’, http://www.expatica.com/nl/ essentials_moving_to/country_facts/The-Netherlands-at-a-glance.html GEDI (2014) ‘The Global Entrepreneurship and Development Index 2014’, http://www.thegedi.org/research/gedi-index/ Global Advice Network (2014) ‘Netherlands Country Profile’, http://www.business-anti-corruption. com/country-profiles/europe-central-asia/netherlands/snapshot.aspx Government of the Netherlands, ‘Coalition Agreement’, Government.nl http://www.government.nl/government/coalition-agreement Groenendijk, H. & Keuzenkamp, S. (2010) ‘The Netherlands’, The Leave Network.org, October, http://www. leavenetwork.org/fileadmin/Leavenetwork/Country_notes/The_Netherlands.published.oct_2010.pdf Hightechcampus.com (2014) ‘About the Campus’, http://www.hightechcampus.com/about_the_campus Holland Alumni (2013) ‘Dutch Business Culture’, https://www.hollandalumni.nl/career/our-dutch-business-culture/ Jobat.be (2012) ‘Bereken je vakantiegeld’, http://www.jobat.be/nl/artikels/bereken-je-vakantiegeld/ OECD (2011) ‘Better Life Index, Netherlands’, http://www.oecdbetterlifeindex.org/countries/Netherlands/ OECD (2013) ‘Demographic Change in the Netherlands: Strategies for resilient labour markets’ http://www.oecd.org/cfe/leed/demo_change_netherlands.pdf OECD (2013) ‘How’s Life? 2013: Measuring Wellbeing’, http://www.keepeek.com/Digital-Asset-Management/ oecd/economics/how-s-life-2013/how-s-life-at-a-glance_how_life-2013-6-en#page17 OECD (2013) ‘How’s Life? 2013’, http://www.keepeek.com/Digital-Asset-Management/oecd/ economics/how-s-life-2013/how-s-life-at-a-glance_how_life-2013-6-en#page17 OECD (2014) ‘Better Life Index: Work-life balance’, http://www.oecdbetterlifeindex.org/topics/work-life-balance/ Parton, H. (2012) ‘Europe’s 100 hottest startups 2012: Amsterdam’, Wired Magazine, August, http:// www.wired.co.uk/magazine/archive/2012/09/european-startups/london Passport To Trade 2.0 (2013) ‘Social Media’, http://businessculture.org/western-europe/ business-culture-in-netherlands/social-media-guide-for-netherlands/ Peet, J. (2002) ‘Model Makers’, The Economist, May, http://www.economist.com/node/1098153 Phillips (2014) ‘Company Profile’, http://www.philips.co.uk/about/company/index.page Rossingh, D. (2003) ‘Dutch miracle breaks down’, BBC News, April, http://news.bbc.co.uk/1/hi/business/2882451.stm Saberi, S. (2014) ‘Dutch Government opt for improving nations startup ecosystem’, Startupjuncture.com, March, http:// startupjuncture.com/2014/03/19/dutch-government-opts-for-improving-nations-startup-ecosystem/ Startupbootcamp.org (2014) ‘About the Accelerator’, http://www.startupbootcamp.org/accelerator/hightech-eindhoven.html Sustainable Development Solutions Network (2013) ‘World Happiness Report 2013’, September http://unsdsn.org/resources/publications/world-happiness-report-2013/ Telecompaper (2013) ‘Dutch Smartphone Penetration Hits 72% In Q3’, October, http://www. telecompaper.com/news/dutch-smartphone-penetration-hits-72-in-q3--973995 Thierry, H. (1998) ‘Culture and Leadership in a Flat Country’ Trading Economics (2013) ‘Unemployment Rates’, http://www.tradingeconomics.com/country-list/unemployment-rate Trading Economics (2014) ‘Netherlands GDP Growth Rate’, http://www.tradingeconomics.com/netherlands/gdp-growth Transparency International (2013) ‘Corruption Perceptions Index 2013’, http://www.transparency.org/cpi2013/results Transparent.com (2013) ‘Be Norman, and Other Reasons the Dutch are Plain as Appletaart’, May, http://blogs. transparent.com/dutch/be-normal-and-other-reasons-why-the-dutch-are-plain-as-appeltaart/ Trip Advisor (2014) ‘The Netherlands: Culture’, http://www.tripadvisor.co.uk/Travel-g188553-s202/The-Netherlands:Culture.html United Nations Development Programme (2013) ‘Table 1: Human Development Index and its components’, https:// data.undp.org/dataset/Table-1-Human-Development-Index-and-its-components/wxub-qc5k Vossestein, J. (1998) ‘Dealing with the Dutch’, http://businessculture.org/western-europe/ business-culture-in-netherlands/meeting-etiquette-in-netherlands/ World Bank (2012) ‘School Enrolment: Tertiary’ http://data.worldbank.org/indicator/SE.TER.ENRR World Economic Forum (2013) ‘The Global Competitiveness Report 2013–2014’, http://reports.weforum.org/ the-global-competitiveness-report-2013-2014/#section=countryeconomy-profiles-netherlands 26 GEN Y AND THE WORLD OF WORK GEN Y AND THE WORLD OF WORK 27
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