Time is Money: How Bangladesh Gen-Z's Make the Most from Quality Time Pass

Gen Z Revolution: End of 15-Year Autocracy in Bangladesh

Photo credit- Prothom Alo

Understanding Generation Z: What working conditions are the most important motivating factors for Generation Z in Bangladesh. As a freelancer, my perspective is quite different from others in all respects. Before going to the main topic let's see a picture of Gen Z for a better discussion. 

Around 28% of Bangladeshi people are young, aged between 15-29 years, often referred to as Generation Z. Gen-Z, born roughly between 1997 and 2012, is a cohort defined by its unprecedented digital immersion. 

Raised in an era dominated by smartphones, social media, and the internet, they are digital natives, comfortable with technology. In a way previous generations never were. This digital fluency has shaped their worldview making them more informed, connected, and engaged. Subsequently, it is no surprise that they are more likely to question authority and challenge the status quo. Today, they are powerful agents of change, making and breaking people, influencers, brands, and past ideas on the daily.

Briefly—it's an open secret to us all: "Time is money," and OUR YOUTH is relevant to wiser than the elders! Bangladeshi YOUTH  Gen-Z's are heading to social media and are used to it. Around 172 M mobile connections and 90 M unique mobile subscribers exist, and over 25% are active mobile internet users. 

Facebook, Instagram, YouTube, and TikTok – platforms are the most frequently used platforms. Using social media became instilled in Gen Zer's habits. One-quarter of Gen Zers spend approximately five hours or more per day on social media.

Currently, 66766100 Facebook users in Bangladesh in April 2024, which accounted for 37.6% of its total population. 

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• Employment in Bangladesh

  In the year 2023, Bangladesh's unemployment rate was 5.06%. According to a 2023 survey by BRAC University and Bangladesh Youth Leadership Centre, 42% of educated youth in Bangladesh are considering leaving the country for employment. 

Challenges for Gen Z in the labor market

A study in Bangladesh found that there is a gap between the expectations of young graduates and the realities of the labor market. Some of the challenges include: 

1. A mismatch between the skills required by employers and those that unemployed youth prioritize 
2. Low pay and long hours 
3. Difficulty finding internships that meet their needs 
4. Belief that foreign degrees are more valuable than local ones The Benefits of Being an Entrepreneur

Time Management: How to Manage your precious time wisely and efficiently 

Highlight the unique challenges and opportunities faced by Gen-Z entrepreneurs in Bangladesh. Thesis statement: Gen-Z in Bangladesh can effectively utilize their time to build successful businesses by leveraging technology, embracing a growth mindset, and networking strategically.

One-quarter of Gen Zers spend approximately five hours or more every day on social media. Moreover- on the sideline of their study they use their idle time to learn freelancing.  

Time management wisely and precisely is the matter. Time and tide wait for Nome. This is a one-way train that never comes back again. 

Say for example if a college student pursuing honors it will take 4-5 years to complete graduation. They spend 5 hours online using social media. Social Media expert or Marketing is a highly demandable job worldwide. 

Profile Building Content Posting Chatting Answering with your friends or networks are all the same. The only difference is that one is unwise and not purposeful. Be purposeful in managing your time:

1. Financial freedom and independence
2. Personal fulfillment and satisfaction
3. Flexibility and work-life balance
4. Innovation and creativity
5. Contribution to the economy

Challenges Faced by Young Entrepreneurs in Bangladesh

1. Limited access to capital and resources
2. Lack of mentorship and guidance
3. Bureaucratic hurdles and regulations
4. Social and cultural pressures
5. Economic instability

Out of Five, I would like to shed light on 2. Lack of mentorship and guidance

There is a huge platform every day using their campaign on Facebook regarding mentorship and learning of different freelancing courses online and offline. 99.99 are Spam and fraud. Some others use tics and tactics to grip and grab money by hook or cook. Using the name of Paid tools so and so...

This is the practical experience that I have been facing for a long. 

Our Bangladeshi prevailing situation to manipulated in any way. 

1. There are so many creditable online companies Like Google Facebook HubSpot Udemy providing many online free courses on SEO Digital Marketing PPC Google AdSense FB ads Google ads PLUS more...  
2. You may read online posts and journals from niche industry expertise platforms- Search Engine Journal Search Engine Land Fobs HubSpot SEMrush plus more as per your interest...  

Learning is the key to success- Why English?

Independently by you, proactive passionate individuals may succeed in the freelance world of seasoned professionals. I have shared about the Natural and universal Way of Learning English. Keep continuing Learning by Reading Commenting Intersecting Sharing. Outsourcing Marketplace demands English greatly. Moreover English is our second language we have to put more effort and time into this end. There are so many authentic online sites rendering the free tutorials couching on English Try Google keyword search. 

And English is generally of two types the UK and USA English. A freelance world dominated by American or USA English. So you go for …. Or as you wish and LIKE. Likewise is better. US Basic English skills are at the top of the list. 

Moreover- I may start a blog writing and publishing like my one to showcase your expertise, interests, and niche. This will help you Brand yourself to sell online. 

1. To Make Your Personal Brand Stand Out, Show Your Creative Side
2.  Learn How to Build a Powerful Personal Brand That Will Differentiate You and Allow You To Compete in the Global Marketplace.
3. a profile or PRIME FACES to showcase YOU- an identity to promote and SELL you online. 

Last but not the least: 

Have a look at An introductory to the Foundation Course on Freelancing

Most Importantly other than online courses, Online journal Reading, and Blog posting you must open a LinkedIn profile to showcase online as your profile. That helps you find jobs and network Connecting with Professionals and Recruiters PLUS more  

Conclusion:

Out of 5 hours of Idle time, Z is Gen Z's using social media for nothing. Only gossiping and Chatting and so on...without fruits!? 

You may split 3 hours and invest your time daily in LEARNING Freelancing English Branding Yourself and Job readiness. 

After pursuing honors graduation side by side you might be freelance to learn and Earn online from the comfort of your home by using your time management.

Continue Reading and commenting to encourage Continue.... Stay tuned 

How Hiring Brilliant: Really Amazing ROI By Smart Investments PRIZE

Hiring Brilliant: Maximizing ROI with Smart Investments

Finding the Right People: Matching Talent with Roles Providing the best compensation Culture and friendly environment scope of work is crucial. Recruiting is not the ultimate result. Retaining ongoing relations and loyalty matters to attract and avoid brain drain or burnout.

Most fictitious companies like and love HIRE & FIRE... possess bad reviews!  

In today's competitive job market, attracting and retaining top talent is crucial for organizational success. However, simply hiring individuals with impressive resumes is not enough. It's equally important to ensure that these individuals are the right fit for the specific roles they will fill. You can't fry fish without oil- Employ Happiness matters!!

In today's dynamic and competitive business landscape, the quality of your team can significantly impact your success. Hiring the right professionals is not just about filling vacancies; it's about investing in individuals who can drive your organization forward. While the temptation to cut costs might be strong, compromising on talent can lead to decreased productivity, missed opportunities, and ultimately, a lower ROI.

Bengali, Chattogram proverb "ছাগল দিয়ে হাল চাষ"

Literal Translation: "Ploughing with a goat"

Figurative Meaning: Doing something completely impossible or illogical. It's often used to describe a situation where someone is trying to achieve something that is simply not feasible or sensible.

The High Cost of Cheap Talent

• Increased Turnover: Employees who feel undervalued or underpaid are more likely to leave, leading to costly turnover.
• Decreased Morale: A team composed of underqualified or disengaged individuals can negatively impact overall morale.
• Reduced Productivity: Employees who are not equipped to handle their responsibilities may struggle to meet deadlines and achieve goals.
• Damaged Reputation: Hiring inexperienced or incompetent staff can tarnish your company's reputation.

Strategies for Hiring Brilliant Talent at the Best Price

1. Define Your Needs Clearly: Before beginning your search, create a detailed job description outlining the specific skills, experience, and qualifications required for the role. This will help you attract truly qualified candidates and avoid wasting time on unsuitable applicants.
2. Leverage Your Network: Reach out to your professional network for recommendations. People who know you and your company are more likely to refer qualified individuals.
3. Utilize Social Media: Platforms like LinkedIn can be powerful tools for finding top talent. Use relevant keywords and hashtags to connect with potential candidates.
4. Consider Freelancers and Contractors: For short-term projects or specialized skills, hiring freelancers or contractors can be a cost-effective option.
5. Offer Competitive Compensation and Benefits: While it's important to stay within budget, offering competitive salaries and benefits packages can attract top talent.
6. Focus on Cultural Fit: Look for candidates who align with your company's values and culture. A good cultural fit can lead to increased job satisfaction, productivity, and retention.
7. Invest in Employee Development: By providing opportunities for growth and training, you can help your employees reach their full potential and increase their value to the company.

The ROI of Hiring Brilliant Talent

Investing in top-tier talent may seem costly upfront, but the long-term benefits can be substantial. By hiring individuals who are passionate, skilled, and aligned with your company's goals, you can:

• Drive Innovation: Brilliant employees are more likely to think outside the box and devise creative solutions.
• Improve Customer Satisfaction: A talented team can provide exceptional customer service and build strong relationships.
• Increase Productivity: High-performing employees are more efficient and effective, leading to increased output.
• Enhance Your Company's Reputation: A team of talented professionals can help your company establish itself as a leader in your industry.

In conclusion, while the temptation to cut corners on hiring may be strong, it's essential to prioritize quality over cost. Investing in brilliant talent can drive your organization's success, improve your ROI, and create a sustainable competitive advantage.

How Talent War: Being Companies Are Spirit Attractive Work Cultures

The "war for talent" refers to the intense competition for qualified employees in today's job market. 

With a limited pool of skilled workers and rising demand for their expertise, companies are constantly seeking ways to attract and retain top talent.

To attract and retain top talent in today's competitive job market, organizations must offer competitive compensation packages, career growth opportunities, and a healthy work environment. Emphasizing the company's mission, vision, and values can create a strong emotional connection with potential employees, making the organization more appealing. By fostering a positive work culture, companies can differentiate themselves from competitors and build a loyal and engaged workforce.

Creating a positive work culture has become a crucial strategy in this competitive landscape. A positive work culture fosters employee engagement, motivation, and productivity, ultimately leading to improved business outcomes.

Key Elements of a Positive Work Culture

• Purpose and Meaning: Employees want to feel that their work has a greater purpose and makes a positive impact. Companies that clearly articulate their mission and values attract and retain employees who are passionate about their work.
• Values and Alignment: A shared set of values that reflect the company's identity and guide decision-making creates a sense of belonging and unity among employees. When employees feel that their values align with those of the company, they are more likely to be engaged and committed.
• Trust and Respect: Building trust and respect between employees and their managers is essential for a positive work culture. Employees who feel trusted and respected are more likely to be motivated, take ownership of their work, and go the extra mile.
• Empowerment and Autonomy: Employees thrive on having a sense of autonomy and control over their work. Giving employees the freedom to make decisions and take on new challenges fosters a sense of empowerment and encourages innovation.
• Recognition and Appreciation: Recognizing and appreciating employees for their contributions is a powerful way to boost morale and motivation. Publicly acknowledging achievements, providing rewards and incentives, and celebrating successes create a positive and supportive work environment.
• Collaboration and Teamwork: Fostering a collaborative and team-oriented culture encourages employees to work together towards common goals. This leads to increased productivity, innovation, and a stronger sense of community within the organization.
• Learning and Development: Investing in employee learning and development demonstrates a commitment to their growth and career progression. Providing opportunities for employees to learn new skills, attend training programs, and take on new responsibilities helps them stay engaged and motivated.
• Work-Life Balance: Promoting a healthy work-life balance is essential for attracting and retaining top talent. Employees want to have time for their personal lives and interests, and companies that offer flexible work schedules, wellness programs, and generous time-off policies demonstrate their commitment to their employees' well-being.

Benefits of a Positive Work Culture to Attract

• Attraction and Retention of Top Talent: A positive work culture acts as a powerful magnet for top talent. It attracts qualified candidates and reduces employee turnover, leading to a more stable and high-performing workforce.
• Increased Employee Engagement and Productivity: Engaged employees are more likely to be motivated, productive, and committed to their work. A positive work culture fosters a sense of ownership and responsibility, leading to higher levels of performance and innovation.
• Improved Customer Satisfaction: Employees who are happy and engaged are more likely to provide exceptional customer service. A positive work culture translates into improved customer experiences, leading to increased customer loyalty and satisfaction.
• Enhanced Reputation and Employer Branding: Companies with strong positive work cultures build strong reputations as desirable employers. This attracts top talent and enhances the company's brand image, making it easier to recruit and retain employees.
• Financial Performance: A positive work culture has a direct impact on a company's financial performance. Engaged and productive employees drive innovation, improve efficiency, and reduce costs, ultimately leading to increased profitability.

In conclusion, creating a positive work culture is not just a nice-to-have; it is a critical competitive advantage in today's talent-driven marketplace. By focusing on the key elements of a positive work culture, companies can attract and retain top talent, boost employee engagement and productivity, improve customer satisfaction, and enhance their financial performance. Investing in a positive work culture is an investment in the future of the company and its people.

Read more resources: 

https://www.linkedin.com/pulse/war-talent-how-win-battle-success-mo-al-tamimi/

https://www.itagroup.com/insights/employee-experience/organizational-culture-examples-win-talent-war

https://iesf.com/why-a-strong-company-culture-matters-in-the-war-for-talent/

https://www.linezero.com/blog/how-to-build-a-positive-corporate-culture

https://www.ncbi.nlm.nih.gov/books/NBK542168/

https://www.vu.edu.au/about-vu/news-events/study-space/how-to-create-a-positive-work-environment