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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 05, 2015 by

Top 5 Most Effective Ways for Recent Graduates to Fund their Startup Businesses

approved small business loan application and dollar bills

Approved small business loan application and dollar bills. Photo courtesy of Shutterstock.

If you are a recent graduate and striving to setup your own startup business, there are a number of ways which can be used to collect money but you still need to be sure what kind of funding method will really suit your business type. Though, it is not a rocket science to understand available options, it is quite crucial to analyze your business from all angles to bring it on its feet. You might have a really great business idea but you should always remember that just one mistake can take you away from lots of funding opportunities and therefore, you must know what you actually need to do at this stage. Some available options for recent graduates to fund startups: (more…)

Posted December 17, 2014 by

Improving Productivity through Employee Recognition

Laura O. Tolentino

Laura O. Tolentino

Success in the business world is measured by turning a profit: Your business is at its best when you demonstrate that income outweighs expenses on your balance sheet. When the fiscal year ends, you take a closer look at those numbers and attempt to figure out where improvements can be made to increase overall efficiency. Whether you streamline the logistics process, eliminate non-performing sectors or re-allocate resources, improving the smooth functioning of your company is the goal.

However, many project managers miss out on a critical opportunity when it comes to increased efficiencies. Instead of looking at personnel and its impact on productivity, they take aim at other company assets and processes. The truth is that employees are among the most valuable components of a business, and they need to be nurtured and developed in order to reach their highest potential. Improving productivity through employee recognition is one effective way to show them their worth, so take the right approach when showcasing individual achievement. (more…)

Posted December 16, 2014 by

What Gift Do You Have?

We all have a job to do, a self to become. The purpose of life is to discover your calling. The meaning of life is to answer that call. Pick up and pay it forward. You can only give what you got, but you must know what you have first.

This holiday, the greatest gift you can give is yourself. In the context of your career, the only work worth doing comes from a place of enjoyment and expertise. You can only be great at that one thing you’ll sacrifice everything to achieve. (more…)

Posted August 15, 2014 by

College Students, Will You Prefer a MBA or a MPA When Searching for Jobs?

Before graduating and searching for jobs, some college students might want to earn either an MBA or an MPA.  Which one should they choose?  The following post might help students decide.

Stuck deciding between a Master in Public Administration (MPA) and a Master in Business Administration (MBA) is a hard place to be. Although it depends on what you want out of the degree, here are some factors that could help you make the choice to invest upwards of $120K and two years of your life in the

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Posted June 18, 2014 by

An Insight Of A Lucrative Career On Web Designing

Two web designers looking at a website they designed

Two web designers looking at a website they designed. Photo courtesy of Shutterstock.

Web designing encompasses of various ways through which the content is displayed in the website. A host of procedures is entailed in the designing process. Web designers have to work with various images, audio, video and texts and manipulate them from time to time so that the overall look of the site can be improved and the site is aesthetically pleasing and also attractive to the viewers. The web designers create layouts for various pages of the sites, blogs as per their aim. Various types of tools are utilized by them to create an effective layout. (more…)

Posted January 14, 2014 by

Trying to Turn Your Passion into an Entry Level Job? What You Need to Know

It would be great to find that dream entry level job that allows your to pursue your passion, right?  Well before that can happen, you need to understand whether or not you can make a living out of your passion.  Learn more in the following post.

Much has been written in recent years about turning your passion into a full-time job. That’s everyone’s dream, right? Getting paid to do what you love? Well, the situation is actually a little more complicated than that…

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Posted November 11, 2013 by

10 Reasons Why You Shouldn’t Pursue an Entry Level Job as an Entrepreneur

Becoming an entrepreneur may sound good, but is it the right choice for your entry level job?  The following post has 10 reasons why being your own boss may not be good for you.

This post is contributed by Daniel C. Steenerson Thinking about starting your own business? Beware! Below are 10 signs that you just may not be cut out to be an entrepreneur. #10 You can’t stand the heat. Before you jump into self-employment, make sure you’re very comfortable being uncomfortable. Every day you’ll need

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Posted May 15, 2013 by

Risk, fresh employees, and hiring approach

Adnan ul Haq

Adnan ul Haq

Article Summary: The higher is risk, higher is profit. If this is right then why fresh employees are not being considered by organisation in hiring procedures? Risk is associated in every decision organisation make so why not take a bold decision?

The common phrase our ears are familiar within the business environment is “the higher is the risk, the higher is profit”. There is paramount level difference between theoretical stance and practical implications. We notice that every management and administration of profit motive organisation’s prime objective is to keep motivating their employees by making them risk initiators. (more…)