Browsing Category

Employer Hot Topics

Employer Hot Topics

It’s a Job Seeker’s Market!

Sharing with you part of an article I received from NACE, with my personal comments imbedded!

The average number of job postings has increased since a year ago, while the average number of applications per posting has dropped, according to NACE’s (National Association of Colleges and Employers) Job Outlook 2015 Spring Update.

Employers responding to the survey report an average of 148 job postings—up nearly 50 percent over last year.

True!  The Career Development Center has noted that the average number of internships and jobs posted recently within its Job & Internship Listings webpage has increased, from a previous post-Great Recession average of 1,100-1,200 to now 1,600-1,800.

Job Function categories with the highest number of postings (in order) include:

  1. IT
  2. Sales/Business Development
  3. Marketing/Brand Management

While more jobs are being posted this spring, the average number of applications reported by this year’s respondents has fallen by five applications per posting, possibly meaning less competition for more new jobs.

Anecdotally, we can back that up and have heard from employers wondering why they are not seeing more applicants – both for their specific openings and showing up at career fairs/events?   The only explanation we have is from the above – there is more to choose from?!

See more at: http://www.naceweb.org/s05272015/job-postings-up-applications-down.aspx#sthash.ajbSTjdk.dpuf

—————————————————————————

The Job Outlook 2015 Spring Update survey was conducted from February 9 – March 23, 2015; the survey was sent to 1,029 NACE employer members; 162, or 15.7 percent, responded. By region, 25.5 percent of respondents are from the Northeast, 29.8 percent are from the Southeast, 33.5 percent are from the Midwest, and 11.2 percent are from the West.

Source: NACE – Spotlight for Career Services Professionals

May 27, 2015

Employer Hot Topics

Employee Benefits of most interest to college grads

As recruiting for new college grads heats up, thought we’d share with you some things that appeal to this candidate group!                                            

Class of 2014 graduates were asked what types of benefits were most important to them as they sought employment.  Below are the top responses.

  1. More than 2 weeks’ vacation
  2. Tie between Tuition reimbursement for advanced education & Promises of annual salary increases
  3. Company match for 401K (retirement) program

These rankings of benefits simply reflect the values of this latter half of the Millennial Generation:

  • Clearly, judging by number one – this generation continues to place high value on personal time and Work-Life Balance.
  • Interest in professional development and growth is reflected in the appeal of advanced education tuition-related benefits.
  • Millennials’ concern about stability continues, as reflected in the significance of regular salary increases and employer retirement contributions.

Therefore, if your organization can offer these things (or, most of these things), you will be very attractive to new college grad candidates!

List Source: NACE, National Association of Colleges and Employers’ Student Survey: The Job/Employer Preferences of the Class of 2014 with 10, 210 bachelor’s degree seniors responding