Gen Z workers are earning more than their millennial predecessors but would rather stay at the 'hotel of Mum and Dad' than pay sky-high rents or mortgages, new research shows.

At age 24, workers born in the late 1990s are paid more than any cohort since those born in the 1950s

Gen Z workers, born between 1997 and 2012, are earning more at age 24 than millennials did, according to Resolution Foundation research highlighting a rebound in early career pay.

Gen Z workers are earning more than their millennial predecessors but would rather stay at the 'hotel of Mum and Dad' than pay sky-high rents or mortgages, new research shows.