Great Place To Work® – Sri Lanka

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Best Workplaces™ for Young Talent in Sri Lanka for 2024

Creating Engaging Workplaces for the Next Generation

Children of the electronics age, connected through social media with information at their fingertips and accustomed to instant answers, will dominate Sri Lanka’s workforce by 2030, leading to a major workplace transformation. 

These younger generations have distinctly different needs, expectations and behavioural patterns compared to previous generations. Workplaces worldwide are experiencing this shift, with great workplaces positioning greater meaning in work and a healthy work-life balance demanded by young employees. Recent Great Place to Work® studies from around the world list to the voice of the employee and offer valuable insights into how organizations in different geographies adapt to attract and retain this generation.   

Just as Gen Y and Gen Z are shaping the future of work globally, Sri Lanka is no exception. In Sri Lanka, the post-pandemic and economic crisis landscape has significantly impacted work environments, especially as increased skilled talent migration has impacted productivity creating an ongoing challenge for local businesses. This has made leveraging updated local data crucial for understanding the evolving preferences of young Sri Lankan talent to create cultures that foster trust, engagement, and cater to the needs of this digitally savvy workforce so as to attract and retain them.  

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Report Highlights

  • The survey covered 73,000 employees across 160 organizations in Sri Lanka, representing over 38,600 young talents under 35 years old.
  • The Best 15 workplaces for young talent achieved an impressive 92% Trust Index© score, while other organizations averaged 80%, showing a 12-point gap.
  • Young employees express pride in their work and feel that their work contributes positively to society.
  • Fairness in promotions and avoiding office politics is a major area for improvement, especially in performance management.
  • 60% of young employees in the best workplaces feel they have opportunities to develop new ways of working, compared to 45% in the rest.
  • 10% of young employees in the best workplaces struggle with work-life balance, while 21% in other organizations face the same issue.

60%

of young employees in the best workplaces feel they have opportunities to develop new ways of working, while only 45% of young employees in other organizations feel the same

92%

Trust Index© score achieved by the Best 15 workplaces for young talent contrasts with the 80% average score of other organizations.

52%

of the respondents were young talent under 35 years, with 20% being Gen Z (25 years and under) and 32% being Gen Y (26-35 years old).