As the years have gone by, the newest generation of young adults has risen into the hiring spotlight. Known as Gen-Z, this group encompasses anyone born in 1997 and after. These up-and-coming professionals have experienced a wide variety of crises, including the 2008 recession, the COVID-19 pandemic, and a host of political and social conflicts. Despite this, Gen-Zers are expected to be some of the most well-educated and socially involved individuals. Their career choices may be a reflection of how the environment they grew up in has shaped their thinking.
Top Career Choices
Fascinatingly, many Gen-Z’s are showing a preference for STEM (Science, Technology, Engineering, and Mathematics) careers. This is most likely due to their strong desire to impact society. A recent survey reported that 37% of these have selected healthcare as their top career choice. Naturally, helping meet others’ medical needs would allow for their altruistic drive to be satisfied. Jobs at hospitals rose as a top desired place to work.
What Gen-Z Professionals’ Value
The number one benefit that these future professionals look forward to seems to be that their employer invests in the development of their tangible skills. Tangible skills include researching medicine, operating machinery, or utilizing administration software. When young professionals notice that their employer is devoted to helping them become more technically proficient, it drives them to produce as excellent work as possible. This ensures consistent advancement in their career as well as a thriving work ecosystem, ready to take on the challenges that come their way.
Other Gen-Z Principles
However, this doesn’t mean that they don’t care about money or benefits. In fact, the average student is expected to end up with $10,000-$50,000 in student debt by the time they complete their college degree. Then, considering the fact that medical school tends to be more expensive than other degree programs, employers will need to compete for top talent with adequate salaries and benefits packages.
The best way for healthcare businesses to prepare to accommodate the best Gen-Z professionals is by cutting down on healthcare administration costs. It costs nearly $250 billion to process 30 billion healthcare transactions each year. Seeing possible places for work to spend this much money on administration alone won’t motivate Gen-Z professionals to consider taking a position at competing healthcare facilities. To save precious funds, as well as time and energy, consider investing in an efficient and reliable claims management software.