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

Posted December 07, 2018 by

Salary statistics and what they mean to you

 

 

Guest article by Spry Ideas

First, the good news: The unemployment rate in the U.S. is the lowest it’s been since 2001, and the percentage of prime working age adults who are employed is the highest it’s been since 2008.1 Though this improvement in the job market hasn’t been consistent across all industries, job functions and regions, there appears to be an overall improvement.

While this is undoubtedly positive for both graduates seeking jobs and the economy, it presents a few challenges for agencies and employers. Many positions are getting harder to fill and candidates now have more choices, and therefore, increased bargaining power.

Though location, benefits, flexible hours and work environment are important factors in a career decision, salary is still ranked as the most important influence. A recent survey by Glassdoor shows that 67 percent of job seekers pay attention to salary when scanning job ads, more than any other piece of information on a position. (more…)

Posted February 06, 2015 by

Highest Paying Jobs for 2015 College Grads

Highest Paying Industries for 2015 College GradsIf you are or are soon to be a recent graduate or an employer who plans to hire one, then this salary survey information should be of great interest to you.

The highest paying industry for 2015 graduates from four-year colleges and universities is oil and gas extraction, according to NACE’s January 2015 Salary Survey. The rest of the top five top-paying industries all deal with manufacturing. Employers in oil and gas extraction expect to pay their new college graduate hires starting salaries that average nearly $68,000.

Other industries that project to be top-paying for these graduates are motor vehicle manufacturing, chemical manufacturing, food and beverage manufacturing, and computer and electronics manufacturing, all of which are offering salaries that average more than $61,000.

Posted June 11, 2014 by

College Students, Choose Your Major Carefully to Improve Your Chances of Landing Entry Level Jobs

Depending on the majors they choose, college students may have an easier or more difficult time finding entry level jobs.  In the following post, take a look at the best and worst college majors for summer 2014.

So much goes into choosing a major. Our passions and aptitudes, input from parents and mentors, and career options once you’ve earned that degree such as: Which majors do employers look for most? For my career choice, will it be difficult to find a job? Within my career field, where are

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Posted April 17, 2014 by

Average Starting Salary for College Grads is $45,327

Petroleum Engineer

Petroleum Engineer photo courtesy of Shutterstock

It isn’t uncommon for many of our employer clients to grossly underestimate the going rate for recent graduates. Almost every employer wants to pay their employees fairly but few have the time or resources to accurately determine just what is fair.

Example? Last week an employer posted a job to our site for people who graduated within the past three years and who are interested in an entry-level sales position. That was fine except the compensation they were willing to pay was $30,000 per year. That’s $15,327 less than the average starting salary for a 2013 college graduate of $45,327. As you may have guessed, the response to their posting was less than overwhelming. We tried to explain the problem to the employer but the reaction was typical: a recent grad should be grateful for any employment opportunity and so the pay rate shouldn’t matter. Well, it does matter. (more…)

Posted September 23, 2013 by

Average Starting Salary for Grads With Bachelor’s Degrees Rises 2.4 Percent

There is good news for 2013 college graduates with bachelor’s degrees concerning starting salaries for their entry level jobs.

The overall average starting salary for Class of 2013 college graduates earning bachelor’s degrees has increased 2.4 percent over last year, according to a new report by the National Association of Colleges and Employers (NACE).

NACE’s September 2013 Salary Survey found that the average starting salary for Class of 2013 college graduates stands at $45,327, up from the average salary of $44,259 for Class of 2012 graduates. (more…)

Posted May 03, 2013 by

How Recent College Grads Can Negotiate Starting Salaries

Professionals shaking handsIn a recent study, nearly half of employers reported they would pay recent college graduates $30,000 to $49,999 this year, and 25 percent reported they would pay $50,000 or more. When asked what they would be willing to negotiate when extending a job offer to a recent college graduate, 27 percent of employers said they would consider increasing starting salaries and a significant number said they would also be willing to negotiate other hard benefits such as tuition reimbursement and bonuses or soft benefits such as flexible schedules and telecommuting opportunities.

The percentages of employers who said they would negotiate benefits with recent college graduates being considered for entry-level jobs were: (more…)

Posted April 12, 2013 by

Average Starting Salary for College Grad at $44,928

Marilyn Mackes of the National Association of Colleges and Employers

Marilyn Mackes of NACE

The average starting salary for new college graduates earning bachelor’s degrees has increased 5.3 percent over last year, according to a new report by the National Association of Colleges and Employers (NACE).

NACE’s April 2013 Salary Survey—the first look at starting salaries for the Class of 2013—found that the average starting salary for these college graduates stands at $44,928, up from the 2012 average salary of $42,666.

“The sizable gains in several disciplines—particularly in health sciences and business—have helped to drive up the average starting salary for the Class of 2013,” says Marilyn Mackes, NACE executive director. (more…)

Posted January 31, 2013 by

Top 10 Best Paying Jobs for Four-Year College Grads

Petroleum Engineer

Photo of petroleum engineer courtesy of Shutterstock

Many college and university students and graduates are motivated by a desire to make the world a better place. Many are motivated by money. And many are motivated by a combination of the two along with other factors. But if money is important to you then this list of the highest paying occupations for college graduates should be of great interest. (more…)

Posted January 22, 2013 by

6 of 10 Top Paying Majors in Engineering

Marilyn Mackes of the National Association of Colleges and Employers

Marilyn Mackes of NACE

Technical majors—particularly those in engineering—dominated the list of top-paying majors in 2012, according to a new report by the National Association of Colleges and Employers (NACE).

NACE’s January 2013 Salary Survey found that six engineering majors were among the 10 highest-paid at the bachelor’s-degree level.  (more…)

Posted January 08, 2013 by

College Grad Starting Average Salary Jumps 3.4% to $44,455

NACE logoThe average starting salary for new college graduates earning bachelor’s degrees has risen 3.4 percent over last year, according to the January 2013 Salary Survey by the National Association of Colleges and Employers (NACE).

The survey found that the overall increase has carried the average starting salary for 2012 college graduates earning bachelor’s degrees to $44,455, outpacing the 2011 average salary of $42,987. (more…)