Millennials, or Generation Y, are the group of people with birth dates ranging from the 1980s to the early 2000s. The majority of millennials are recent college graduates approaching their 30s. Right now is an exciting time for this generation, because many are preparing to enter the housing market. If you lie in the 18-30 age range you might want to pay attention.
Top Roles for Millennials
1.) IT Manager
Generation Y is heavily engaged in technology on a daily basis. It’s become so common that it’s almost impossible to find an 18-30 year old who cannot use basic technology. If computer science sounds like an interesting topic, a high paying career as an IT Manager awaits. At larger companies with huge IT departments, this is a six figure job, but most make somewhere in the $60,000 – $80,000 range. The salary will depend on many factors, including experience, education level, and location. Most IT Managers have a four year degree, although sometimes it’s not a requirement.
2.) App Manager / Developer
Mobile apps are always increasing in popularity. More and more companies are realizing the importance of a successful mobile app, and it’s creating many new job opportunities for App Managers and Developers. App developers focus more on the technical side. They develop and program the app, and address any issues or glitches that may arise. App Managers deal more on the Business / Marketing end. They manage the developers and handle app promotion. This is a career with six-figure earning potential, and it’s a great spot for millennials to end up. App management is a profitable and desirable skill to have.
3.) Leadership Development
Many larger companies like General Electric, Diageo, Apple, Liberty Mutual, Facebook, etc., have large programs dedicated to sculpting young college graduates into future leaders. These programs are excellent because even through you start with a lower-end yearly salary, most workers will end up working in a six-figure management position within 5-10 years of starting the program. Some of the most influential business leaders in America were homegrown through company leadership programs. Some of the major areas of focus for leadership development programs are finance, risk, engineering, production, and wholesale, to name a few. If you are unsure about what type of career you want, this is a great place to start your hunt. And if it doesn’t work out, plenty of companies will be waiting to hire you! Leadership development program employees are in high demand, and are constantly being contacted by recruiters on LinkedIn.
Taking on a trade can be an excellent career choice. Right now is a great time to jump on board, especially given the growing percentage of students who decide to pursue a four year degree. Some great jobs to focus on are in aircraft repair, HVAC, solar panel installation & operation, and electrical work. Trades are great for several reasons. First of all, college really just isn’t for everyone. Tuition is expensive, and not everyone can afford to take on more student debt to finish up a degree. In fact, some college majors have a terrible return on investment, and those who opt for trades are often in a better financial situation. Many of these trades can be obtained in two years or less, as opposed to four years or more for a bachelor’s degree. If you are considering a trade, just be absolutely sure it’s the right career path for you. It takes a lot of time and money to train yourself, and you don’t want to waste your money.