Gen Y Hearts Tech Employers, New Report Says
Everyone knows young people have a pretty intense relationship with tech in their private lives – we sleep with our phones, can’t get our social media streams out of our heads and pine after each glossy new gadget. But it turns out this love affair with technology extends beyond the home lives of Gen Y to our professional lives as well, at least according to new research.
The report from compensation information site PayScale and Gen Y consulting firm Millennial Branding sifted through PayScale’s trove of employment data and polled thousands of young workers about their education and employment background to determine what degrees, employers and cities were especially suited to young workers compared to the workforce at large. And it turns out 20-somethings are just as obsessed with all things high-tech during the workweek as they are on weekends.
Thumbs Up for Tech
When companies were ranked for young employee friendliness based on Gen Y pay, percentage of Gen Y employees, Gen Y job satisfaction, Gen Y job stress, meaningfulness of job for Gen Y workers, Gen Y schedule flexibility and “green score,” the top five employers were all in the tech sector:
This gels with Millennial Branding’s general understanding of Gen Y’s profile and preferences, according to Dan Schawbel, the consultancy’s founder.
“Gen Y likes working for tech companies because they are high growth, fast paced, usually have flexibility programs and telecommuting options and typically allow use of social networks in the workplace. These are also companies that hire quickly and new need perspectives and fresh ideas to stay innovative. It’s also easier to be an intrapreneur where you can act like an entrepreneur and get an investment through your company — Gen Y is the entrepreneurial type,” commented Schawbel in an email to Brazen Careerist.
So Walk the Walk
Of course, with tech companies being such popular employers for your generation, competition for jobs there will be fierce (and the lousy economy that has many overqualified young people passing time in retail can’t help). Besides obviously knowing your stuff when it comes to technology, the key to getting your foot in the door at these firms is to actually demonstrate this knowledge before you’re hired, according to Schawbel. Just talking the talk isn’t enough.
“Gen Y should be using tech tools to grow their own career and prove to companies that they can give real business value through the tools,” he says.
Check out the complete report for much more on Gen Y’s typical salaries, preferred majors, and natural habitat.
Jessica Stillman is a freelance writer based in London. She writes a daily column for Inc.com and has blogged for CBS MoneyWatch and GigaOM.
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