Lack of Talent in Commercial Real Estate or Gen Z Issues?
I started off in acquisitions and transitioned over to an extremely high producing brokerage team as an. Been working with my current team for the past 5 years(disregard the wso title from years ago) and have noticed that a majority of younger employees seem very easily disgruntled.
What I mean by this, is that most of the interns and analysts that we are hiring out of undergrad seem extremely entitled or feel like they are above the grunt work that everyone started with early on in their careers. I've trained the past 4-5 analysts on my team in the past few years and have noticed that they prioritize a 9 to 5 day to day and seem to think that they can progress far in their careers doing the bare minimum. Instead of trying to learn and progress in their careers, I've noticed that the majority of 20-25 year old analysts/interns/associates on my team want to remain stagnant. They talk about wanting better pay and good work life balance but they're not willing to put in the work to reach that point.
I'm at my stage in my career (early 30s) where I am happy with where I am at but I worked my ass off to reach this point. The crazy part is when I try to teach and show my analysts or interns easier or different ways to underwrite deals, taking them out to client tours and out in the field and just a mix of job responsibilities so they're not in front of a screen for 12+ hours a day, they complain that this shouldn't be part of their day to day..... I am trying to show the younger teammates in my firm what they can do to get things done quicker as well as more managerial responsibilities as they progress in their careers but every single one of the younger guys seem burnt out when they have only been in the industry for 1-2 years. I'm at the point where I am about to give up on trying to mentor and teach these kids. I'm not a perfect human being and I always question whether I am teaching or mentoring the younger folks correctly but I hear the same across the spectrum. My buddies in tech, healthcare, finance and even accounting also complain about their younger staff and workforce not being able to keep up with the day to day and these same people are asking for higher pay, better benefits and less hours. Obviously, I'm not saying that EVERY Gen Z or younger employee is like this but.... it sure seems like the majority of them feel this way. Am I crazy to think that the good times in the past 10+ years have created weak men? What do you guys think about this? I just really want to help push and grow the younger talent on our team but I'm at the point where I am above to give up and stop trying.
Edit: Also, I know I'm not dealing with a large sample size but when I say I've trained 4-5 analysts on my team, this doesn't include the 10-15+ associates and interns that I've trained as well. Out of 20 or so analysts or employees that I've trained in the past few years, I really only saw maybe 2 or 3 of them taking the initiative or being proactive in trying to progress and learn more. You would think it's because of a lack of talent or hiring the wrong people but I live in a HCOL area with top notch universities