Last week, we reported on Universum’s 2018 most attractive employers survey according to business students. Today, we look at a new study from Statista on best employers for young professionals.
Statista’s Best Employers for Young Professionals
As you will below, this list differs greatly from other reports. 🙂
According to Niall McCarthy, reporting for Statista:
“Today, many new graduates seek positions that offer important benefits. For example, flexibility or health insurance coverage may be more attractive than jobs with just a bigger paycheck. And that means companies have to innovate and compete even more to attract and retain America’s best young talent.”
Together with Forbes, Statista identified America’s Best Employers For New Graduates. We surveyed 10,000 Americans with less than ten years professional experience”. They worked for companies with at least 1,000 employees in the United States. The evaluation was based on two distinct criteria — direct and indirect recommendations. With the 250 highest scoring companies awarded as the Best Employers For New Grads.”
“Multinational computer software company Adobe Systems came first, ahead of Nintendo and Aon. Unsurprisingly, Google is still a hot property for new graduates due to its extensive list of perks and benefits. The search engine giant comes sixth on the list overall.”
Browse the full list on Forbes by clicking here. What do YOU think of this ranking?
Receiving benefits that include health insurance coverage and covering commute cost and in some cases, even meals is a big part of jobs now. Employees look forward to pushing various expenses onto the employer. This relives their stress and they work better knowing that as long as they are working at the place, they are secured. This results in more productivity and better results.
When most people are considering prospective jobs, they look more at the benefits than at the salary. A person is more likely to choose a job that has more dental and health benefits than a job that has a five thousand dollar more of a salary. No one can truly tell how much their health or dental bills can be per year, seeing how it all depends on your health at the point in time, and having your company cover most (if not all) of the costs can be a greater incentive than a slight salary increase. Places such as Adobe, Nintendo, and Google are known for the great benefits and are some of the most sought after places of employment. Personally I would choose to work for Google since they promote their employees’ health, productivity, and overall happiness. If employees are happy at their current job and are secured via health benefits then they will be able to provide new innovations and a productive environment.
College students are always focused on what they will be doing when college is over. Salaries and benefits are variables that everyone has to weigh when they are applying or accepting a job somewhere. I personally have always weighed salary higher than benefits. I am not set on a major yet, but articles and statistics like these are helpful to someone like me so I can see where the most job opportunities may be popping up that can steer me in the right direction of a major. I am honestly surprised with the top few, Nintendo I had thought was going out of style now that there are iPads for a gaming device. Some of these companies are not as big and popular as companies that I would assume to be on the list such as apple or amazon.
Recent graduates look for the companies that provides them with the health insurance and flexibility, due to higher cost of the private insurance and metro cards. Also, higher paycheck means higher taxation; and you will have to pay for your own health insurance or pay at penalty to the government, if you don’t buy one. So, it is better to incur costs on employers than having to pay them.
It’s interesting how different this list is from the one about the most attractive employers. However, I believe that is because this list researched into further detail. As mentioned, young graduates may be more inclined to accept a lower pay with more benefits compared to a company with higher pay and less benefits. I would personally choose this option because in the long-run as well as the short-run it provides the worker with more than just income.
It’s crazy to think that people tend to care more about the benefits a job offers rather than the salary itself. Many recent college graduates want to make sure they are set for the future and take into consideration these benefits. Receiving health insurance coverage will help relieve the stress from everyday life, for example. This provides security for the future, which everyone wants.
Personally, I find it interesting that new graduates are looking into jobs for things more than the salary the job position offers. New employees are looking into positions that cover more expenses they don’t have to pay, even if it comes at the expense of accepting a lower salary. I would think that a student would want to pay off their student loans as a soon as possible, so they would take a job position with a higher pay than accept job benefits with possible a lower pay.
Personally I think it is a great idea for people to not just look at the salary for future careers. Benefits are very important in finding the perfect place. If a company offered me 70,000 a year but less benefits then a company that offered me around 65,000 a year with many benefits, I would take the offer with the most benefits. Healthcare and dental insurance can be a lot more than 5,000 a year if you don’t have those insurances. In my opinion it is always a good thing to find a job with benefits.
I am very surprised at most of the companies that made this list. Google and Adobe make sense with rising technology trends and their popularity, but I would say the other companies have not really been in the spotlight lately. But the survey is based of young professionals who are most satisfied with their employer thus the companies status matters somewhat less than its public popularity in this case. Benefits are extremely important, I more often hear working adults complain about poor benefits then about poor pay.
For all the companies that make their ways to the top on this list are mostly the companies that provide good employee welfare and working environment. I’m so surprised that Google is not number one on the list;I heard that the working environment there is very impressive.
I am surprised that Google is not ranked higher on this list, since it is so widely talked about and used. Benefits are just as important as pay, and these companies listed towards the top are known for the great benefits and are some of the most competitive places of employment. Businesses such as Google are known to promote their employees’ health, happiness and work ethic. In the long run, health benefits are going to be a more important aspect to a job rather than salary.
Finding a company that values your work and even yourself is hard to find. I think this survey will help new graduates to search for companies that have great benefits. To strive for better health care and work ethic is ultimately what make companies distinct from each other.
Looking at this list it appears to be a diverse group of industries that are being represented. I am not sure whether or not health benefits are more important than salary to people just out of college. Most people I know would rather have a higher salary to start off with than the health benefits and perks they offer because they are on their parents plan until they are 26. I don’t know if anyone in my age group considers insurance or pension as a reason to work for one company over another.
This is such a vast array of companies that cover plenty of areas and aren’t top heavy towards a profession. Its interesting to see that benefits outweigh the salaries for most people surveyed. I guess for most, including myself, the security of not having to worry when you get sick is better than being the richest person in the room.
I believe that when looking for a job you need to value salary and benefits equally. If you get great benefits but terrible pay, it may not be worth it, and vise versa. I am not surprised that large companies like Google and Jet Blue made the list, but there are a few that I have never heard of which is surprising considering these are the best ranked employers for people with under 10 years of professional experience.