Step Aside, Google, Millennials Want to Work in Healthcare
St. Jude Children’s Research Hospital is the number one preferred employer among millennials, according to a survey conducted by the National Society of High School Scholars. Just below that is Disney (NYSE:DIS), followed by the nebulous umbrella category “a local hospital.”
Those two out of three of the most-preferred employers among millennials — the generation of people currently between the ages of 18 and 34 — is hardly surprising, although it does represent a slight change from the 2012 results of the same survey. Just a year ago, Google (NASDAQ:GOOG) took the top spot, closely tailed by Apple (NASDAQ:AAPL). (A local hospital was still number three.)
Tech still remains a popular choice among the generation, with Google and Apple occupying the number four and five spots on the list in 2013, but the shift toward healthcare and health services seems to be the dominant theme this year. Four out of the top 10 preferred employers fell into this bucket, three were technology — Microsoft (NASDAQ:MSFT) came in at number 10 — two were government, and then, of course, there is Disney.
- St. Jude Children’s Research Hospital
- Walt Disney
- A local hospital
- Health Care Service Corp.
- Children’s Healthcare of Atlanta
This list, courtesy of CNBC, reflects the diverse and socially-based values that define millennials, which are quickly becoming the most economically significant group of employees in the United States.
By 2014, millennials are expected to comprise 36 percent of the U.S. workforce, and by 2020 they are expected to be nearly half of it. On paper, they are the most diverse and educated economically active generation, but have often been criticized by older generations for behaviors and beliefs that break the established paradigm (or colloquially, for being ‘hipster’).
More than a high salary or performance bonuses, millennials want health insurance benefits and flexible work hours. More than prestige and brand image, they want companies to treat employees equitably. And, more than anything else, they want the opportunity to continue gaining skills through employment to advance their careers.
On top of this, millennials also want their work to have a positive social impact. This is evident in the growing preference for employment within healthcare.
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