The Top 5 Most Lucrative Careers Desired by Gen Z and Millennials

enus $1x3monthspromo static banner 728x90 c1 v1 (1)
Video call, online conference. Over shoulder view of african american man at computer screen with multinational group of successful business people, virtual business meeting, work from home concept
Reading Time:
4
 minutes
Posted: October 31, 2024
CEO Today
Share this article
In this Article

The Top 5 Most Lucrative Careers Desired by Gen Z and Millennials

As Gen Z and Millennials carve out their paths in an evolving job market, they’re redefining traditional career choices and putting emphasis on roles that offer both financial and personal fulfillment. This generation, armed with digital skills, an entrepreneurial mindset, and strong values for social impact, is reshaping what it means to have a lucrative and meaningful career. Interestingly, high-paying roles in traditional industries aren’t always their top choices. A recent Skynova survey highlights that, while Gen Z and Millennials appreciate financial stability, they also seek professions that align with their values and lifestyle preferences.

Let’s dive into the five most lucrative and desired career paths for Gen Z and Millennials, their potential earnings, and why these professions are capturing the hearts of young professionals.

1. Corporate Recruiter

Average Annual Salary: $69,000 - $100,000 (Glassdoor)

Corporate recruiting has become one of the most coveted roles among Gen Zers. Unlike traditional HR roles, corporate recruiters are integral in defining a company’s culture and building high-performing teams. This career appeals to young professionals who value interpersonal relationships and seek to influence organizational growth.

Why It’s Popular:

  • High level of job satisfaction due to its strategic role.
  • Opportunities for advancement in HR and talent acquisition.
  • Flexibility and remote work options are common.

Top Firms Hiring Corporate Recruiters:

  • LinkedIn, Amazon, Google, and smaller tech companies with dynamic cultures often seek corporate recruiters with a passion for building strong teams.

2. Marketing Manager

Average Annual Salary: $70,000 - $140,000 (Glassdoor)

The role of a marketing manager, particularly in digital marketing, has surged in popularity as Gen Z and Millennials drive the demand for content-driven, authentic marketing strategies. Marketing managers are responsible for overseeing advertising campaigns, digital content, and social media outreach, often wielding significant influence over brand image and customer perception.

Why It’s Popular:

  • Direct impact on brand success and revenue growth.
  • Rapidly changing, creative, and innovative environment.
  • Marketing roles are frequently available in diverse industries, from tech to fashion.

Top Firms Hiring Marketing Managers:

  • Companies like Apple, Adobe, and social media companies like Meta and TikTok are prime destinations for marketing professionals due to their creative and influential marketing teams.

3. Social Media Manager

Average Annual Salary: $55,000 - $100,000 (Glassdoor)

With social media woven into the fabric of today’s culture, social media managers are in high demand. They not only drive brand engagement and growth but also create a direct channel of communication between companies and consumers. For Gen Z and Millennials, this role combines creativity with strategy, making it an exciting and desirable field.

Why It’s Popular:

  • High potential for creative freedom and direct consumer impact.
  • Engaging work that aligns with the digital lifestyle of younger generations.
  • Strong opportunities for freelance or remote positions, especially with the rise of influencer culture.

Top Firms Hiring Social Media Managers:

  • Companies like Nike, Netflix, and BuzzFeed lead the way in innovative social media, as well as numerous startups where social media is a core marketing function.

4. Financial Services Sales Agent (Securities and Commodities)

Average Annual Salary: $75,000 - $200,000+ (depending on commission, Bureau of Labor Statistics)

While a traditional finance career might not have broad appeal among all Gen Zers, financial service sales agents, including securities and commodities sales agents, are highly sought-after roles within the Millennial demographic. These roles involve advising clients on investment opportunities, managing portfolios, and strategizing financial growth.

Why It’s Popular:

  • Strong income potential through commissions and bonuses.
  • High demand for skilled professionals due to increasing interest in personal finance.
  • Opportunities for fast advancement in finance and wealth management.

Top Firms Hiring Financial Services Sales Agents:

  • Financial giants like Goldman Sachs, Morgan Stanley, and JPMorgan Chase, as well as tech-driven financial firms such as Robinhood, often seek young, tech-savvy professionals for these roles.

5. Web Developer

Average Annual Salary: $65,000 - $120,000 (Glassdoor)

With technology advancing at an accelerated pace, web development has become an essential and well-compensated field. Web developers create and maintain websites and applications, utilizing coding languages to ensure functionality and an optimal user experience. This role attracts tech-savvy Millennials and Gen Zers who enjoy hands-on work with tangible outcomes.

Why It’s Popular:

  • Strong demand for web development skills across industries.
  • The flexibility of remote work and freelance opportunities.
  • Potential for creativity in design and functionality, especially with mobile-first and e-commerce sites.

Top Firms Hiring Web Developers:

  • Tech companies like Google, Shopify, and startups prioritize web developers, as well as companies with robust e-commerce strategies, including Walmart and Target.

How to Enter These High-Paying Fields

For Gen Z and Millennials aspiring to these lucrative careers, there are several pathways to success:

  1. Education and Certification
    • Corporate Recruiting and Marketing: Degrees in business, psychology, or marketing are advantageous. Certifications like SHRM for HR or Google Analytics for marketing can enhance expertise.
    • Finance and Web Development: A finance or computer science degree is often preferred. For those interested in web development, coding bootcamps like General Assembly offer intensive, fast-track learning experiences.
  2. Networking and Internships
    Networking is invaluable, especially for corporate recruiters, marketers, and financial sales agents. Participating in internships, industry conferences, and online professional communities (LinkedIn, specialized forums) helps build connections and gain experience.
  3. Building a Personal Brand
    Marketing and social media roles value a personal online presence. Showcasing relevant skills through an engaging online portfolio or social media presence can set aspiring professionals apart.
  4. Continuous Learning
    Technology and finance roles especially benefit from continuous education. Platforms like Coursera, Udacity, and LinkedIn Learning offer courses that help professionals stay updated on industry trends.

 

Gen Z and Millennials are redefining lucrative careers by focusing on roles that blend financial rewards with personal fulfillment. These top five desired careers for younger generations reveal a preference for work that aligns with values, offers flexibility, and provides a strong sense of impact. As they step into these roles, the evolving job landscape will continue to reflect the values and priorities of this dynamic workforce, shaping industries and workplace cultures for years to come.

Free CEO Today Newsletter
Subscribe to CEO Today for the latest news every week.

About CEO Today

CEO Today Online and CEO Today magazine are dedicated to providing CEOs and C-level executives with the latest corporate developments, business news and technological innovations.
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram