ARTICLES, BLOGS & VIDEOS

The latest news, trends and information to help you with your recruiting efforts.

Posted October 24, 2019 by

Chipotle now covering 100% of tuition costs, even for part-time employees

It isn’t hard to admit: I’ve been a fan of Chipotle’s food since it opened a restaurant near my home about a decade ago.

If you’ve never been, think Subway but for burritos, tacos, and tortilla-less meals served in a bowl. Think concrete floors and lots of stainless steel. Think freshly cooked, savory meats. Think fresh, yummy guacamole. But I digress into a hunger causing diatribe.

Working in a restaurant — any restaurant — is not for the faint of heart. The work is usually fast-paced, customers can be jerks, and the hours often very early or very late. But it is good, honest, hard work. Every minute of every day your work is appreciated by customers who want a little treat, either in the sense of rewarding themselves or rewarding their taste buds. Or both.

Keeping workers happy and retaining them is an incredible challenge for almost all restaurants, especially those whose pay is at the lower end of the scale, which includes almost all fast-food restaurants. Let’s face it, you’re not going to get rich working in a fast-food restaurant, but you’ll earn your pay, you won’t get bored, and you’ll almost certainly make some great friends amongst your co-workers.

But now there’s another benefit to working at a fast-food restaurant. To be clear, not just any fast-food restaurant. Just Chipotle. At least for now. Chipotle, consistent with its mission to Cultivate a Better World, just announced an incredible tuition reimbursement program. Together with Guild Education, Chipotle will cover 100 percent of college tuition costs for all eligible employees, including hourly (crew) members. When I read that, I skeptically thought, “Yeah, but who will be eligible?” I’m often wrong, and this was one of the many times when I was very happy to be wrong.

The news here isn’t that Chipotle has a tuition reimbursement program. Yawn. Lots of employers, including College Recruiter, do. And the news isn’t even that the program covers 100 percent of the tuition costs. That’s a higher bar than most but, at best, evolutionary and not revolutionary. The news here is that to be eligible you need only have worked at Chipotle for four months (120-days, to be exact) AND work at least 15 hours a week. That’s right. Those working only 15-hours a week will get 100 percent of their college education paid for by Chipotle. That’s revolutionary. Kind of like their one-pound, barbacoa, burritos. But I digress again.

There are some limitations, but they’re VERY reasonable. Only certain degrees qualify, but there are 75 of them and range from high school diplomas to bachelor’s degrees in business or technology. The courses are online, but include VERY well respected schools like Denver University. Not satisfied with their schools? No problem. Chipotle will continue to offer its tuition reimbursement program, which allows eligible employees to be reimbursed for tuition up to $5,250 a year at the school of their choice. That’s not going to come close to covering the full cost of a typical, elite, four-year university, but it could easily cover a third or even a half at many state colleges and perhaps all of the costs of a community college. Or, slap that baby together with a nice scholarship or two and now you’re back into the free zone. Where you can enjoy a pork carnitas taco. With green chili. Mmmm.

College Recruiter, we believe that every student and recent graduate deserves a great career. That guiding principle leads us to push some employers to treat their employees better, sometimes by paying them better, sometimes by creating better working conditions, and sometimes by helping those employees achieve their life goals. With this new program, Chipotle is setting a new bar for other employers and, I hope, many others will follow their lead. Kudos, Chipotle.

Photo by StockUnlimited.com

Posted October 22, 2019 by

How to boost your pay aside from your current salary

How do you increase your takehome pay if you can’t get your employer to increase your current hourly wage or salary?

One option is to stay in the same job but also look for a second.

A second is to work overtime hours. Beware that if you’re salaried, then you probably won’t be paid for those overtime hours, but some employees will negotiate a change to their status from exempt (paid salary) to non-exempt (paid hourly) so that they can be paid extra when they work overtime. ,

A third is to negotiate a commuting reimbursement or a perk that’s essentially money in your pocket. Even if your salary or hourly wage don’t increase, if your employer is paying you more money overall, that’s the same as getting a raise.

The bottom line is that the vast majority of employers want to pay their employees fairly, but few employers and employees know exactly what “fair” translates into when talking about wages. Employees who want a pay raise should do that research and then present their findings in writing to their manager.

If you’re a customer service representative without a high school degree but with three years of experience and you work in Long Island, look at sites like Payscale and Glassdoor for people with the same qualifications as you and what they’re earning. Look on sites like Indeed and CollegeRecruiter.com for job postings for positions like what you have and what they’re paying. Present that information to your manager to substantiate your claim that you should receive a raise. 

What you want to get paid or what you feel you need to be paid in order to pay your bills aren’t nearly as impactful as what you would be paid if you were to leave your employer and be hired by another organization that is basically across the street and for the same role.

Photo courtesy of Shutterstock.

Posted October 11, 2019 by

Why employers should offer 529 college savings and tuition reimbursement plans

The cost of higher education is exponentially higher for the Millennials who recently graduated and Gen Zers who are currently enrolled in one-, two-, and four-year colleges and universities. A Baby Boomer may have paid $10,000 for tuition, room, and board in the 1960s. By the 1980s, the same would have cost a Gen Xer about $50,000. Today, the same will cost a Gen Zer $250,000. A very small percentage of students don’t face that kind of sticker shock as they’re extremely affluent and pay for that out-of-pocket, perhaps with savings, or they’re amongst those with the lowest income but qualify for the largest merit scholarships. For the vast majority of students, financing hundreds of thousands of dollars for their education is the reality. 

It is pretty common for student loans to carry interest rates of 6.25 percent, so about double what home mortgages cost, despite the student loans being of lower risk than home mortgages as you can’t discharge student loan debt through bankruptcy. Also normal is a 20-year repayment period. The cost of a $250,000 loan with an interest rate of 6.25 percent and a length of 20 years results in a monthly payment of $1,827.32, which is about $2,500 before tax. In other words, just to cover your student loans, you need to earn $30,000 a year. Even if your cost of education is half of that, you need to earn about $15,000 a year just to cover your student loans. 

Employers that create 529 education savings and tuition reimbursement plans effectively give their participating employees a substantial raise without it costing the employer anything. Money contributed to a 529 plan is tax-deductible, so if the employee contributes $10,000 a year, they’re going to save about $2,500 a year in taxes. That employee has therefore just effectively been given a $2,500 raise by their employer, without that raise costing the employer anything. Even more dramatic is tuition reimbursement, as that doesn’t cost the employee anything. At College Recruiter, we offer tuition reimbursement of $1,500 per year. If the employee’s tax bracket is 25 percent, that’s worth $2,000 to them. We are, effectively, giving those employees a $2,000 per year raise.

Courtesy of Shutterstock

Posted April 25, 2019 by

Should you change jobs, even if you don’t want to?

Changing jobs, even when you don’t want to, is one of the best ways to get a pay raise and improve the hard and soft benefits you receive.

Unfortunately, many employers give raises to existing employees only when forced to, but they’re typically willing to pay new employees the going wage for the same work. So it isn’t unusual for an employee to advance into a more senior role but still be paid like they’re doing their old job. But if they move to a new employer, that new employer is more apt to pay them for the work they’re now doing.


Also, it is easier to win better hard and soft benefits when you move jobs. Hard benefits are those which aren’t negotiable such as 401k and medical plans, but they differ significantly employer-to-employer. If your current employer’s medical plan is terrible, you’re not going to be able to get them to provide a better one to you but you can apply to work for employers with good medical plans. 


Similarly, soft benefits are often easier to obtain from a new employer. These are typically negotiable, such as flexible working hours. If you’ve worked for the same employer for five years from 8am to 5pm, Monday to Friday, it will likely be difficult to convince them to allow you to work from 8am to 6pm, Monday through Thursday and then 8am to noon on Friday. But it should be easier to convince a new employer to allow that.

Posted November 07, 2018 by

How do I find a great, paid internship?

College Recruiter believes that every student and recent graduate deserves a great career. And a great stepping stone to a great career is often a great internship. But students are often frustrated by how to find an internship and, when they do find one of interest, how to apply, get interviewed, and get hired.

If you try to do everything all at once, it can be overwhelming. I like to break the process down into manageable, bite-sized pieces.

  1. Don’t procrastinate. To use another cliche, early bird gets the worm. While I trust that you’d rather land a great internship than a great worm, the cliche is too well known and understood for me to pass up. Some internships, particularly those with non-profits and governmental agencies, have strict and sometimes very early deadlines. Looking for next summer? You might need to apply in November. As of the writing of this blog article on November 5, 2018, College Recruiter already had 1,795 internships advertised on its site and it is still a couple of months from January when employers start to get aggressive with advertising their internship opportunities.
  2. Complete your CIV analysis. What’s a CIV, you ask? Competencies, interests, and values. Grab a piece of paper and draw two lines down it to divide the paper into three columns. Write competencies at the top of the first column, interests at the top of the second, and values at the top of the third. Now, under competencies, write down everything that other people would say you’re good at. In the second column, write down everything that you find to be interesting, In the third column, write down everything that you care about. Now look for themes. What are you good at that also interests you and which you care about? Those themes are where you should focus your career search.
  3. Network. Many and probably most people think that networking is all about asking other for help. Wrong. It is about asking them how you can help them. That will build good karma and inevitably you’ll find that some — not all — will reciprocate by asking how they can help you. Take them up on the offer. Tell them about your CIV, where you want your career to start, and ask them for the names of two people you should talk with. Keep repeating that. After a few rounds of people referring you to people who refer you to people, you’ll likely run across someone who will decline to give you the two names, not because they’re a jerk but because they want to hire you. Bingo.
  4. Job search sites. Almost every college career service office has a career website, but the vast majority of jobs which are of interest to students and recent graduates are never posted to those sites. Why? Most employers don’t know about them and they can be hard and time consuming to use. So, use those sites but don’t stop there. Also use job search sites like College Recruiter, which typically has about a million part-time, seasonal, internship, and entry-level jobs advertised on its site. Did I tell you that College Recruiter already has 1,795 internships advertised on its site? Oh, yeah, I did. Did you search them yet?
  5. Attend career fairs. Quite frankly, I’m not a huge fan because the expectations of the employers are often poorly aligned with those of the students. Employer representatives typically attend career fairs because they’re coerced by their bosses, their career service office partners, or both. Their disinterest shows, and they make it worse by refusing to accept paper resumes and telling you to go to their career sites if you want to apply. You could have done that from home, right? But they’re great places to network (see #3) and learn what it is really like to work for a company if you happen to run across a representative who likes to talk and maybe isn’t as discrete as they should be.
  6. Search and apply to jobs. Seems kind of obvious, right? But you’d be amazed at how many candidates don’t apply to enough jobs, apply to the wrong ones, or do a terrible job of applying the ones they are qualified for. If you’re an elite student at an elite school or otherwise have some exceptional qualities, aim high by applying to the most sought-after internships, such as 20 top internships listed below. For everyone else, and that’s almost everyone, the hard truth is that you’re just going to have to try harder. But, if it helps, remember the joke about what you call a doctor who graduates at the bottom of their class from a third-rate medical school. The answer is doctor. Most employers for most jobs feel the same way about interns and new grads. They care far more that you went to college than your major. They care far more about your major than your school. And they care far more about your school than your grades or whether you had a sexy internship or just successfully completed an internship, preferably for them.
  7. Create a job. Whether it’s a gig employment opportunity driving folks around or doing their grocery shopping for them or starting a small business in college like I did, don’t discount this option. But if you find yourself uttering, “I just need a good idea”, move on. The good idea is the least of your problems. Executing that good idea is FAR harder and FAR less exciting.
  8. Get experience. The entire point of an internship program for the employer is to convert those interns into permanent hires upon graduation. If they don’t, their internship program is a failure. Similarly, the entire point of interning is to get an offer to become a permanent employee upon graduation and then to accept that offer. If you don’t, your internship was a failure. Well, maybe not a complete failure, but not as much of a success as it should have been.

So, back to the top internship programs. What are they? I thought you’d never ask:

1. Google
2. Apple
3. Microsoft
4. Tesla
5. Facebook
6. Goldman Sachs
7. Amazon
8. J.P. Morgan
9. SpaceX
10. The Walt Disney Company
11. Nike
12. Morgan Stanley
13. IBM
14. Deloitte
15. Berkshire Hathaway
16. Intel
17. ESPN
18. Mercedes-Benz
19. The Boston Consulting Group
20. Spotify

— Source: Vault

 

 

Posted November 05, 2018 by

From internship to full-fledged career: how one Fortune 500 company is recruiting from within

 

Author: Kate-Madonna Hindes

Investing in entry-level workers creates greater job stability and more opportunities for advancement for employees, contributing to a more economically vibrant society.(Rockefeller Foundation)

Every single day, new relationships are forming, and interns are turning into full-time employees. Across thousands of different companies, H.R. and recruiting departments are making long-term investments for maximum growth and profitability. Smart companies are taking note while searching for interns to see if they have the qualities they are looking for in full-time employees.

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Posted September 05, 2018 by

Furthering your education might be more possible with your employer’s help

 

Some employers offer tuition reimbursement or even scholarships that help their employees pay for school. For all the students who work part-time to help pay their tuition, this kind of additional assistance can be the difference between staying in school or dropping out. And for employees who are intimidated by the decision to balance work with school, it could help to ask your employer what kind of support they offer that would allow you to further your education. We connected with Jason Bilotti, Owner-Operator of West Paces Ferry Chick-fil-A in Atlanta. Chick-fil-A awards scholarships to thousands of employees, this year totaling $14.5 million, to help them further their education. Bilotti shares here about why he thinks it’s so important for employees at the retail level to further their education.

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Aircraft engine in hanger

Posted July 11, 2018 by

What Delta Air Lines is doing to address talent gaps 

When Delta Air Lines looks into the future, they see a shortage of talent in a particular area. That is, they know many pilots will be retiring and there aren’t enough new pilots in the pipeline to replace them. Filling mechanic roles is also an area where Delta predicts a talent shortage. We spoke with John Patrick, who is Senior Manager of Academic Strategy at Delta. He told us more about how they are responding to this talent gap with unique recruiting and branding strategies.

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Posted June 12, 2018 by

When and how HR tech can engage gig workers in your organization’s culture

If there is one person who knows about how HR leaders can and should choose the right technology tools, it is Sarah Brennan. Brennan is Founder and Chief Advisor at Accelir, where she dedicates herself to improving the impact of technology on people, business and the future of work. She partners with the companies that build the technology and she educates the companies that use that technology. Brennan was also selected to be an official SHRM 2018 blogger. I interviewed Brennan about how she is seeing the impact of the growing gig economy, and how HR leaders should be using (and not using) technology to engage their contracted and gig workers.  (more…)
Posted May 30, 2018 by

The Entry-Level Job Seeker’s Guide to Salary Negotiation

 

Younger workers, or those with only 0-2 years of experience, are 42 percent more likely to be underpaid (Paysa study).

Negotiating salary at the point of a job offer is when you will have the most leverage. Once you take the job, you won’t have as much to bargain with. If you don’t ask, you won’t get it!

We want you to get paid fairly almost as much as you do! At College Recruiter we believe that every student and grad deserves a great career. Every year we help thousands of entry-level  candidates find jobs, so we know a thing or two about how you can stand out to a potential employer. We gathered our insight, and included a lot of advice from our friend and expert career coach Marky Stein, into a full guide for entry-level job seekers.

Read the Entry-Level Job Seeker’s Guide to Salary Negotiation

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