andrew maguire - 2016 state of college hiring

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2016 STATE OF COLLEGE HIRINGBROUGHT TO YOU BY

#URECRUIT

AGENDA

INTRODUCTION

#URECRUIT

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COMPENSATION

COMMUNICATION

STRATEGIES

STUDENT PREFERENCES

SUMMARY

ABOUT THE SURVEY

21,000+CURRENT STUDENTS & RECENT GRADS RESPONDED

#URECRUIT

69%FEMALE

31%MALE

1,000+UNIVERSITIES REPRESENTED

COMPENSATION

#URECRUIT

STUDENTS ENTRY-LEVEL SALARIES

STEM MARKETING BUSINESS FINANCE ARTS POLITICAL SCIENCE

Expectation Actual

$39,800$50,000

$45,000$48,000

$61,000$60,000$54,500$54,000$41,300

$65,000$69,500$66,000

#URECRUIT

INTERNSHIP COMPENSATION BY GENDER

MALES ARE MUCH MORE LIKELY TO HAVE PAID INTERNSHIPS

#URECRUIT

41.5%OF FEMALES WERE UNPAID IN THEIR MOST RECENT INTERNSHIP

26.8%OF MALES WERE UNPAID IN THEIR MOST RECENT INTERNSHIP

COMMUNICATION

#URECRUIT

FREQUENCY OF JOB / INTERNSHIP SEARCH ON SOCIAL MEDIA CHANNELS#URECRUIT

Never Daily Weekly Monthly

85.0%74.7%

57.6%

73.5%

30.5%

SNAPCHAT INSTAGRAM FACEBOOK TWITTER LINKEDIN

HOW STUDENTS PREFER TO BE CONTACTED INITIALLY#URECRUIT

Email

Phone

No Preference

Text Message

Facebook

0% 25% 50% 75% 100%

0.4%

1%

4.7%

16.7%

77.2%

0.4%

1%

4.5%

13%

80.3%

2016 2015

STRATEGIES

#URECRUIT

of students have an online profile for career purposes84.6%

14.3% increase from last year

#URECRUIT

RESOURCES FOR FINDING INTERNSHIPS#URECRUIT

Internship Resources Percentage of Students

Google/online searches 51.1%Friends 48.0%Internship websites, including Looksharp 38.2%Career fairs 37.9%Family 36.4%University career services department 34.2%Faculty members (professors, teachers) 31.5%General job sites (Indeed, Monster, Glassdoor, etc.) 25.0%Specific employer/company websites 23.9%University job board 21.6%Professional social network platforms and events (LinkedIn) 18.8%Alumni network (incl. fraternity and older year students) 17.7%Craigslist 8.0%Study and work abroad organizations 5.8%

STUDENT PERSPECTIVE

#URECRUIT

WHAT ARE MILLENNIALS WILLING TO COMPROMISE?

RELOCATE INTERN POST-

GRADUATION

WORK OUTSIDE TOP

INDUSTRY CHOICE

WORK OUTSIDE IDEAL

CULTURE FIT

LESS WORK-LIFE

BALANCE

#URECRUIT

COMPANY SIZE PREFERENCES#URECRUIT

0%

12.5%

25%

37.5%

50%

Startup Small (< 50) Medium (50 - 500) Large (501 - 5000) Mega (> 5001)

14.3%

18.5%

38.5%

19.1%

9.7%

14.1%

18.6%

42.2%

20.2%

4.9%

2014 2016

TOP PERKS FOR INTERNS AND MILLENNIALS#URECRUIT

Career Advancement opportunity

Relevance to my major/minor

Access to executives & mentorship

Work-life balance

Clearly defined assignment

Location

Receiving compensation

Social impact

Diversity

Prestige (well-recognized name)

Flexible hours

After work activities

0% 20% 40% 60% 80%

17.3%

30.4%

31.2%

35%

35.9%

40.4%

45.4%

47.7%

50.8%

51.6%

58.9%

71.5% +4.1%

-7.4%

+0.1%

+1.6%

-1.1%

-4.6%

-7.0%

+10.7%

+4.2%

+4.1%

+0.7%

+2.5%

% Change from 2014IMPORTANCE OF INTERNSHIP ATTRIBUTES (% VERY IMPORTANT)

COMPUTER SCIENCE COURSE EXPERIENCE AT INSTITUTION

ALL STUDENTS

MALE STUDENTS

FEMALE STUDENTS

FRESHMEN SOPHOMORES JUNIORS SENIORS

53.3%63.2%

46.2%38.9%

49.4%54.6% 56.3%

#URECRUIT

of students have taken an online course through companies like Coursera, Udemy, etc.36.7%

#URECRUIT

of students have completed classwork outside of their major to beef up their resume.47.3%

of students have had an internship by the time they start their junior year.57.5%

#URECRUIT

STUDENTS OFTEN CHANGE THEIR PLANS

IMPACT OF INTERNSHIP EXPERIENCE ON CAREER PLANS

#URECRUIT

Minor Change46%

Major Change35%

No Change19%

GETTING HIRED FULL-TIME#URECRUIT

KEYS TO FULL-TIME EMPLOYMENT AFTER GRADUATING

PAID INTERNSHIP EXPERIENCE1

2

3

4

HIGHER-THAN-AVERAGE GPA (<3.0)

MORE THAN 1 INTERNSHIP

ONLINE OR OTHER OUTSIDE COURSE EXPERIENCE

POST GRADUATION JOB SATISFACTION#URECRUIT

HOW DOES YOUR JOB COMPARE WITH YOUR EXPECTATIONS?

EXCEEDS EXPECTATIONS

MOSTLY MATCHES EXPECTATIONS

FALLS SHORT OF EXPECTATIONS

15%

44.7%

42.1%

SUMMARY

#URECRUIT

SUMMARY

FULL-TIME SALARY EXPECTATIONS FOR ARTS / POLI-SCI ARE HIGH

#URECRUIT

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DON’T RECRUIT DIRECTLY ON NON-PROFESSIONAL SOCIAL MEDIA

MORE STUDENTS THAN EVER ONLINE - 84% HAVE PROFILES

RELOCATION ISN’T A BIG DEAL. WORK-LIFE BALANCE IS CRITICAL

DON’T JUST LOOK WITHIN A MAJOR FOR A PARTICULAR CANDIDATE

FOR HAPPY RECENT GRAD EMPLOYEES, MANAGE EXPECTATIONS