Last week, we posted about the “2016 Most Attractive Employers According to U.S. Students.” Today’s post focuses on Universum’s 2016 survey of college students around the world about the most attractive employers for those interested in business careers. The 2016 rankings are compiled from student surveys in the world’s 12 largest economies: Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Russia, UK, and USA:
“The World’s Most Attractive Employer companies, must rank in the top 90% of employers within at least six regional markets. If an employer is not listed or is ranked outside the top 90% in a market, it gets a default ranking which is equal to the position of the last company in the top 90% for that market. Results are weighted by GDP, so that a high ranking position in the U.S. has a greater influence than a high ranking position in India, for example.”
Here are the 2016 global top ten most attractive employers for business:
- EY (Ernst & Young)
- Goldman Sachs
- PwC (PricewaterhouseCoopers)
- L’Oréal Group
- J.P. Morgan
Interested in more global insights? If yes, click here to download the PDF report.
Interested in a regional or country ranking? If yes, click here and scroll down the page for “Choose region” or “Go to country page.”
In theory, our earnings should rise as we acquire more experience in the workplace (and, hence, get older 🙂 ). In practice, is this true?
According to a recent study by CreditRepair.com,
“Wondering which demographics earn the most, or how your salary stacks up against others in your state? Using the U.S. Census Bureau’s figures, we broke down income data to find trends by age, race, gender, education, and region – and the results may reshape the way many look at earning potential in America.”
“The first myth to dispel is that wealth is reserved for those near the end of their careers, after they’ve climbed their way to the top of the corporate ladder. In reality, median incomes were highest for both men and women between 35 and 44 (with the 45–54 group running close behind) – reinforcing other research that shows men’s salary typically peaks at 48, while women’s tops out nearly a decade earlier at age 39.”
“It’s also around this time, however, that people are at their least content in life; people aged 40 to 59 are the most miserable on average. Nearly one-third of people in their 40s and 50s contemplate significant career changes that will give them better work-life balance, which may explain why the median income drops for the workforce at age 55 and older.”
Take a look at two infographics from CreditRepair.com and reach your own conclusions.
Each year, Universum publishes the results of its extensive surveys in various fields and countries/regions. This post covers Universum’s 2016 survey of more than 72,000 U.S. students (more than 20,000 business majors) at 359 universities and colleges about the most attractive employers for those interested in business careers.
For job candidates, the benefits of these surveys is obvious. But they are also essential for potential employers too. According to Universum:
“Today’s businesses operate in a highly competitive employment landscape, and you can gain valuable insight into how your organization is perceived by tomorrow’s workforce with the results of Universum’s 2016 Most Attractive Employers ranking based on student talent in the USA.”
Here are the top most attractive employees, based on Universum’s U.S. survey. [Number 10 is an especially interesting choice]:
As we noted in a prior post, according to the Pew Research Research Institute: “Millennials have surpassed Baby Boomers as the nation’s largest living generation, according to population estimates recently released by the U.S. Census Bureau. Millennials, whom we define as those ages 18-34 in 2015, now number 75.4 million, surpassing the 74.9 million Baby Boomers (ages 51-69). And Generation X (ages 35-50 in 2015) is projected to pass the Boomers in population by 2028.”
So, given the huge size of the Millennial generation, what are its prospects for producing successful entrepreneurs?
Bob Horton reports for Online MBA Page that:
“Millennials may end up being the greatest entrepreneurial generation ever. Just think about it for a moment.”
“Digital natives have the upper hand in our tech centered world. The on-demand, plugged-in, Millennial generation is influenced differently than previous generations and molded by global happenings in real-time. Smartphones have provided improved tech resources over the last 10 years. Ready-made distribution platforms allow for quick tests of ideas, e.g., Etsy, Ebay, and Amazon. ‘Crowdfunding’ has enabled entrepreneurs to raise capital from online sources, rather than relying on traditional sources like banks to grow their business.”
“Independence is more important than a corner office. 67% of Millennials report their goals involve starting their own business. Only 13% report their career goal is to climb the corporate ladder to become CEO/president. Creative freedom is the key to real happiness. Since 1985, entrepreneurship classes on the university level have increased 20X, so educational exposure is at an all time high for Millennials.”
“Collaboration and coming together around great ideas rocks. Making a difference in the world is HUGE. 79% of Millennial employees who volunteered through a company-sponsored initiative felt they made a positive impact. 57% of Millennial employees want company-wide volunteer opportunities. There is purpose over profit.”