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Seattle is good for Gen Y

Seattle is good for Gen Y

PayScale, Inc.

Seattle tops other metropolitan areas for its Gen-Y friendly work environment, according to PayScale, Inc., a provider of on-demand compensation data and software, reports the Puget Sound Business Journal. In partnership with Millennial Branding, a Gen Y research and management consulting company, PayScale released its findings on the state of the Gen Y worker, ages 18 to 29.

The Emerald City is named the best large metro area for Gen Y workers for its strong wage growth (4.4% increase between Q2 2009 and Q2 2012), high median pay ($44,000), and the abundance of tech employers in the area.

The best companies for Gen Y are clearly in the technology arena. Qualcomm, Google, Medtronic, Intel, and Microsoft are ranked as the top 5 firms for Gen Y based on pay, the percentage of Gen Y employees, job satisfaction, stress, and schedule flexibility among other criteria.

PayScale’s study indicates that Gen Y most commonly works in online marketing and social media and is more likely to engage with smaller firms that value entrepreneurship, innovation, social media, and flexibility.