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Posted April 30, 2016 by

3 employment options for recent grads

Graduation male student with different careers to choose courtesy of Shutterstock.com

Tom Wang/Shutterstock.com

Considering the economy and technology are on the upswing, many recent grads start their careers while studying at college. And we are not talking about part-time at the campus café; college students often have jobs that bring them valuable professional experience, and ensure a tangible level of income. So when graduation day comes, college students are not a bunch of scared rookies but professionals with decent backgrounds in their fields. Nevertheless, there is still a question: what form of employment is worth the effort? Startups and freelancing look more attractive, yet they conceal many tricky pitfalls. As for good old full-time employment, it needs serious reshaping and improvement to attract young professionals. There are at least three employment options for recent grads, but which option is best?

It is all in the mindset

According to recent surveys, three out of five students expect they will be able to work remotely, and less than a half of 18-29 year olds employed are working full-time. It is not a crisis or an unexpected epidemic given that youth follow the elder generations; Gen Z (this is how sociologists and HR experts categorize people born in the mid to late 1990s through the 2010s) had a Millennials rise as a model to follow. The same surveys indicate about 30% of Gen Y started businesses while in college, and about 91% are considering changing their current jobs within three years. With this in mind, we can tell the younger generation has been raised in the spirit of freedom and solopreneurship, now demanding a different approach from HR departments and recruiters. Yet, the last say goes to employees, and here are things they should consider before accepting job offers and jump into their careers or solo businesses. Let’s take a look at each of the following three employment options for recent grads to consider.

Start a company

Starting your own company is rather challenging, though many examples have proven it to be successful. The idea is to push your passion into profit and convince others that your business is worth all the efforts.

Startup advantages:

– Working for yourself
– Creating great financial opportunities
– Implementing your own ideas
– Great life experience

Startup disadvantages:

– Tough competition
– Investments needed
– Lack of “job security”
– Startup is riskier and more costly

Understand that starting your own business calls for an award-winning concept necessary to enter the entrepreneurial world. Those who choose to make such a living should be patient, as niche startups are likely to bear fruit no sooner than 12 months after launch.

Freelancing

Freelancing is actually quite similar to starting your own business. On the one hand, it comes rather risky though you do not have to invest. On the other hand, you are free to follow your commitments with passion and drive.

Freelancing advantages:

– Benefit from flexible hours (Sleep until noon, if you like. No one will ever bother you unless the project deadline is approaching)
– Take control of your customers and tasks (Choose whom you are going to work with and opt for the most appealing tasks)
– Keep all the profits (You are the boss. You don’t have to split the profit or pay salaries, yet be aware of taxation and other expenses)
– Stay wherever you want (Freelancing is perfect for a travelling enthusiast)

Freelancing disadvantages:

– Lack of steady workloads (At some point, you can suffer from the lack of orders unless you’ve managed to create a solid customer base)
– Insecurity (There are numerous occasions when freelancers are not paid or become victims of fraud)
– You pay for yourself (No social package or any other benefits provided by the employer. You’re the boss, remember?)

Full-time job

The most influential thing about a full-time job is a contract and guaranteed salary in addition to employer’s benefits, a workplace provided, and more. However, the current economic situation will hardly provide you with total job and financial security, while being hopeless in enabling your professional development.

Full-time advantages:

– Steady salary (Your monthly payment is guaranteed)
– Governmental and social securities (Your contact is protected by social and economic policies)
– Constant workload (You will never witness a lack of tasks and duties)

Full-time disadvantages:

– Heavy workload (Too much work is not good for you. It results in stress and health problems in addition to a lack of personal time)
– Lack of professional development (You can stick to a routine without the slightest chance to develop your skills)
– Not enough salary (You will hardly find employees who are satisfied with their monthly salaries. Always keep in mind that every employer is eager to cut down on expenses. Salary is a key point in the list of expenses)

Each working arrangement comes with pros and cons. The best way to make up your mind is to consider every point we have discussed. No matter what you choose, get pleasure from what you are doing and never hesitate to make a crucial step and change your life for the better.

Need more advice regarding employment options? Search for jobs with College Recruiter and check out our blog. Follow us on Facebook, LinkedIn, Twitter, and YouTube.

Justine Thomas, guest writer

Justine Thomas, guest writer

Justine Thomas is a blogger and freelance writer. Her main interests are foreign languages, psychology, and fitness. Currently, she is working at educational company, Edubirdie.com, as a consulting editor.

Posted August 03, 2015 by

Understand the Career Prospects after Completing an Executive MBA

Catherina Thomas

Catherina Thomas

There is no doubt that the much coveted Masters degree in Business Administration, that is, the MBA is a degree which can completely change your life, granting you access to higher rungs of the ladder, and a whole new administrative expertise to spearhead projects with. There are various different MBA courses available, one of which is the Executive MBA degree.

It is a graduate level degree, with the distinguishing factor being that one needs 3-5 years professional experience to apply for the course, and also that he would not need to quit his day job to accommodate the course into his schedule. It is a highly specialized course, targeted at managers and administrators who wish to enrich their careers. You could learn more about PGDM and other courses too, but an EMBA is one of the best options to give a boost to your career.

Career Prospects after the Executive MBA (more…)

Posted December 16, 2014 by

College Students: Can You Use a Resume Template?

Mark Slack

Mark Slack

Getting ready to find your first internship or job? You probably have a lot of questions about how and where to begin.

Allow me to answer the following question, which will save you time and effort for the rest of your career: can you use a downloaded resume template?

The answer is yes, you absolutely can. Here are some myths about resume templates that need to be dispelled so that you don’t waste your time formatting a resume, or buying one for an outrageous price. (more…)

Posted October 20, 2014 by

3 Steps to Marketing Your Working Abroad Experience on Your Resume

Work abroad sign

Work abroad sign. Photo courtesy of Shutterstock.

Attention TEFL teachers: remember the excitement you felt a year or two ago, when you were preparing to jet off to a foreign country for exotic adventures and easy money?

If you’re the driven type, that excitement has probably been replaced by nagging worries and questions like: Will my TEFL experience help me get a job back home? Should I include my teaching experience on my resume? When I was a teacher in Taiwan these questions always popped up at expat get-togethers.

As time goes by, many expats begin to feel themselves sinking into to the quicksand that can become teaching abroad. They know that they don’t want to teach forever, but they fear that their time their time spent teaching will be seen as a negative to employers back home. (more…)

Posted October 08, 2014 by

Custom Writing Service as Recommended for the Students

Note pad or memo pad on an old grungy wooden board or surface

Note pad or memo pad on an old grungy wooden board or surface. Photo courtesy of Shutterstock.

Almost all types of writing services have a lot of demand all over the world. It’s always a tough question to answer that how wise it is to go with a custom writing service provider especially when you ask it to no one else than yourself. Standing in front of a mirror and thinking for a while is not going to provide you the answer. If you are one of those persons who cannot bring yourself to a conclusion after thinking about whether you should go with a service provider or not, here are some of the things that simply enable you to say yes to them. (more…)

Posted August 25, 2014 by

How Can a HR Wing Increase the Organizational Speed?

Vineeta Tiwari

Vineeta Tiwari

The global economy is highly volatile thus for maintaining the profitable growth and value in the business, a need of re-examination of business protocols and related resources is always there. It is a hard fact that the most important resource of an organization is its workforce and if the sourced people into the company are good then each and every business endeavour reaches its success point at the right time.

The HR department is one such organizational wing that can’t be outsourced or offshored; the department is a result of business’s strategy and the existing capabilities of the given organization. Hence, it can be easily stated that HR professionals and their job roles go beyond the concept of merely hiring. (more…)