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Majority of Employers Plan to Hire Recent College Graduates in 2013, Finds CareerBuilder Survey



  Majority of Employers Plan to Hire Recent College Graduates in 2013, Finds
                             CareerBuilder Survey

Annual Study Reveals Graduates' Salary Prospects, Top Jobs Areas, and Whether
or Not an Alma Mater Factors into Hiring Managers' Decisions

PR Newswire

CHICAGO, April 23, 2013

CHICAGO, April 23, 2013 /PRNewswire/ -- The college graduating class of 2013
will enter a stronger job market than in the years immediately following the
recession; however, young professionals entering high-skill fields may have a
decided advantage, according to a new study from CareerBuilder.com and
CareerRookie.com. More than half (53 percent) of U.S. employers plan to hire
recent college graduates in 2013, on par with 2012 (54 percent) and up
significantly from 46 percent in 2011 and 44 percent in 2010.

The nationwide survey—conducted online by Harris Interactive^© from February
11 to March 6, 2013— included more than 2,000 hiring managers and human
resource professionals across industries and company sizes.

Employers in industries that generally demand more high-skill workers are also
more likely to recruit recent college graduates. According to the survey,
information technology employers rank ahead of all industries with 65 percent
of hiring managers and human resources professionals planning to hire recent
graduates. They are followed by financial services employers (63 percent) and
health care employers (56 percent). Additionally, the survey found that
employers in IT and financial services are the most likely to recruit workers
for hard-to-fill jobs (37 percent, each) prior to graduation.      

"New college graduates are facing a better employment situation this year, but
the number of employers planning to recruit them are still trailing
pre-recession estimates by more than 20 percentage points," said Brent
Rasmussen, president of CareerBuilder North America. "The market remains
highly competitive.  Those graduating with niche or technical skill sets will
be in a better position to find more opportunities in higher-paying jobs."  
    

Starting Salaries for College Graduates
Of employers who plan to hire recent college graduates, 27 percent expect to
offer higher starting salaries than they did in 2012 with nearly half
reporting that starting salaries will range between $30,000 and $49,999, but
strong percentages plan to extend offers at the low and high ends of the pay
scale as well:

  o Less than $30,000 — 25 percent
  o $30,000 to less than $40,000 — 29 percent
  o $40,000 to less than $50,000 — 20 percent
  o $50,000 and higher — 25 percent

Top Job Areas for College Graduates
Recruiters will be primarily looking for recent college graduates to fill two
types of jobs: front-line customer and client facing roles such as customer
service and sales, and roles that require specific technical knowledge or hard
skills, such as IT, finance or health care.

  o IT — 26 percent (employers recruiting for jobs in this role)
  o Customer service — 19 percent
  o Finance/accounting — 16 percent
  o Sales — 16 percent
  o Business development — 15 percent
  o Health care — 12 percent

Does the Name of the College or University Influence Employers' Hiring
Decisions?
While the name of the institution will not matter to a majority of hiring
managers and human resource professionals, a notable percentage report they
may be influenced by the name of the school. Nearly a quarter (24 percent) of
hiring managers said they are more likely to hire a recent graduate who went
to a more prestigious school. Similarly, one fifth of employers said they are
more likely to hire someone who is a fellow alumna or alumnus.

Job Hunting Tips for Recent College Graduates from CareerRookie.com

  o Highlight relevant "non-work" experience. The majority of employers agree
    that  internships are the most common form of relevant experience (70
    percent), and many also consider volunteer work (46 percent), involvement
    in school organizations (36 percent), relevant class work such as research
    projects or term papers (31 percent), and fraternity or sorority
    leadership (21  percent) as relevant experience. If positioned to match
    requirements on the job listing, such information can make a difference.  
      
  o Do your homework on the company. The most common reasons employers pass on
    recent college graduates all have to do with candidates' lack of
    preparedness or disinterest in the company, such as: candidate didn't know
    anything about the company (20 percent); candidate seemed bored (19
    percent); candidate didn't ask questions (19 percent).
  o Network early and often. More than one quarter (27 percent) of employers
    recruit candidates for hard-to-fill jobs before graduation. Expected
    graduates can get a leg up on their peers by attending campus career
    fairs, preparing resumes early, following company career pages on social
    media or joining a College Talent Network (custom recruitment sites for
    college students or recent graduates seeking employment at a specific
    organization).

Totals may not equal 100 percent due to rounding.

Survey Methodology
This survey was conducted online within the U.S. by Harris Interactive^© on
behalf of CareerBuilder among 2,184 hiring managers and human resource
professionals (employed full-time, not self-employed, non-government) between
February 11 and March 6, 2013 (percentages for some questions are based on a
subset, based on their responses to certain questions). With a pure
probability sample of 2,184 one could say with a 95 percent probability that
the overall results have a sampling error of +/- 2.1 percentage points. 
Sampling error for data from sub-samples is higher and varies.

About CareerBuilder®
CareerBuilder is the global leader in human capital solutions, helping
companies target and attract their most important asset—their people. Its
online career site, CareerBuilder.com®, is the largest in the United States
with more than 24 million unique visitors, 1 million jobs and 50 million
resumes. CareerBuilder works with the world's top employers, providing
resources for everything from talent and compensation intelligence to
employment branding and recruitment support. More than 10,000 websites,
including 140 newspapers and broadband portals such as MSN and AOL, feature
CareerBuilder's proprietary job search technology on their career sites. Owned
by Gannett Co., Inc. (NYSE:GCI), Tribune Company and The McClatchy Company
(NYSE:MNI), CareerBuilder and its subsidiaries operate in the United States,
Europe, South America, Canada and Asia. For more information, visit
www.careerbuilder.com.

Media Contact:
Ryan Hunt
ryan.hunt@careerbuilder.com
773-527-6923
@careerbuilderPR

SOURCE CareerBuilder

Website: http://www.careerbuilder.com
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