The 2022 World’s Most Enticing Employers (WMAE) rankings spotlight a rising misalignment between college students’ job expectations and what employers can supply in a cooling economic system. “Aggressive wage” and “excessive future earnings” are actually two of the top-three priorities for enterprise, engineering, and IT college college students — and these had been among the many fastest-growing priorities throughout all variables cited this 12 months.
“We anticipate 2023 can be a 12 months of rebalancing,” says Mats Röjdmark, Chief Government Officer, Universum. “During the last 18 months, employers supplied beneficiant contracts and dealing circumstances to draw younger expertise as a result of demand exceeded provide in lots of areas. Now that hiring is slowing and firm sources are strained, we anticipate extra reasonable employment offers in 2023 — which means workers might want to ‘give’ as a lot as they ‘get’ of their first skilled jobs.”
Universum surveyed over 185,000 college students in enterprise, engineering, and IT from the 9 largest economies between September 2021 and Could 2022. The much-anticipated survey asks college students which employer traits are most influential as they think about future employment, and which employer manufacturers they most admire.
Key Findings From the Analysis
Google drops to #2
For the primary time within the WMAE survey’s 13+ 12 months historical past, Google has dropped to #2 “most tasty employer” amongst enterprise college students. (Google nonetheless ranks #1 for engineering and IT college students.) Google was edged out by Apple, which rose two locations this 12 months to win the #1 rating.
Apple, Google & Microsoft dominate rankings
Large Tech firms are nonetheless college students’ high selections for future employers. Different large “winners” in 2022? Nike and Daimler/Mercedes-Benz amongst enterprise college students; Volvo and Fb amongst engineering college students; Oracle and JPMorgan Chase & Firm amongst IT college students. All these rank within the Prime 25 and moved up considerably in 2022.
High quality-of-life advantages are nonetheless a rising precedence for younger individuals
From a listing of 40 attributes, “work-life steadiness” rose 6 locations to rank as #8 most essential in 2022, and “versatile working circumstances” rose 7 locations, touchdown at #10. The important thing query: Can employers ship on quality-of-life advantages that younger individuals have come to anticipate, even whereas there’s rising strain to do extra with much less?
Proof of “quiet quitting” in enterprise, engineering & IT college students?
When requested to rank their high priorities in a future employer, younger individuals had been considerably much less doubtless to decide on “difficult work” in 2022. This attribute registered the most important one-year drop of any precedence in 2022 — and could also be one more signal of a rising mismatch between pupil expectations and the demanding financial setting firms should navigate.
Universum’s International Account Director, Richard Mosley, says the 2022 examine affords crucial knowledge factors for employers as they enter the 2023 finances season: “Corporations are nonetheless hungry for younger expertise in tech, enterprise, and engineering, however finances tightening in 2023 will doubtless drive them to make tough choices. One factor is evident: College college students prioritize compensation above all else — even above quality-of-life components — so even in a smooth economic system, we anticipate beginning salaries might want to stay aggressive to recruit the very best pupil expertise.”
To obtain a duplicate of the World’s Most Enticing Employers report, which incorporates detailed insights about trade preferences, excellent employer model attributes, and rankings, go to www.universumglobal.com/wmae2022/
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