It’s that time of year again — thousands of college seniors are trading in their textbooks and term papers for gowns and shiny new degrees. They’re the face of the new entry-level workforce, full of hope, promise — and new career expectations.
According to a new iCIMS report, this set of talent offers an array of potential for recruiters. But they also have shifting desires and a slightly unrealistic outlook on the job market — something that could create pesky pitfalls for those scouting for top talent.
How can you best navigate the post-grad landscape? Here’s our breakdown:
iCIMS research has confirmed what parents have stressed for years: That. Diploma. Matters.
But just because new grads get a degree in a certain field doesn’t mean they’re not open to working somewhere else — and recruiters don’t seem to mind either. Eighty-one percent of students surveyed said they’d work in a field unrelated to their major, with 82 percent of recruiters saying they’ve hired entry-level employees with degrees outside their industry.
For recruiters, past work experience, communication skills and extracurricular activities are all more important than what’s on a candidate’s degree. How can you structure your interview process to let those experiences shine?
With an influx of new grads comes an avalanche of resumes. According to iCIMS, almost a third of them come from unqualified candidates. A majority of candidates said they feel confident in their interviewing abilities. But recruiters say entry-level candidates need work on their presentation, and have to do their homework on the company they’re applying for.
Improve your chances of attracting talent that’s more in line with your needs by crafting your job description to attract candidates that are passionate about your company.
Student debt is a REAL thing for many millennials, and the thought of spending years stretching their paychecks thin to pay off debt is a sobering thought that can lead to a serious headache for college seniors.
New grads are ditching their dollar beers and thinking big when it comes to salary expectations. According to iCIMS, more than 50 percent surveyed are hoping to make more than $50,000 a year — around $8,000 more than average companies expect to pay entry-level hires.
But money isn’t everything. Consider other benefits your company has to offer. Travel opportunities, company culture, and other office perks could make the opportunity worth it for top talent if more money just isn’t in your budget.