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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 September 03, 2014 by

Recent College Graduates, Want to Gain Respect When Networking about Jobs and Your Careers? 12 Tips to Earn It

At times, recent college graduates searching for jobs may feel like they don’t get enough respect when networking.  However, they can earn more respect by applying these 12 tips in the following post when talking with people.

Building a personal brand that resonates with employers and customers is hard. While in or just out of school, it can often seem impossible. So our friends at YEC asked some of their members this question: “What’s advice would you give a young careerist or entrepreneur who wants to build a network but is having trouble being taken

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Posted July 23, 2013 by

How To Impress A Younger Boss

Aaron McDaniel

Aaron McDaniel

For mature employees looking to make a favorable impression with their younger bosses, keep in mind the following tips.

1. Give Them A Chance: Pre-conceived notions aren’t effective – they only create a hard hurdle for everyone to get past. Youth & inexperienced doesn’t equal ineffectiveness.

2. Remember You Aren’t Their Parent/Older Sibling: Don’t act like a parent or older sibling to your manager. This will generally cause them to clamp down hard and make it harder for you to do your job. (more…)

Posted June 19, 2013 by

Use Youth as an Advantage on Your Entry Level Job as an Entrepreneur

While youth can be perceived to be a disadvantage when working on an entry level job, if you’re an entrepreneur it can serve you well.  The following post shares more information.

Being a young entrepreneur in business today is exciting. Youth is your biggest asset; you should rock it to your advantage. But how do you overcome the preconceived notions that come with being a younger contender—like assumptions that you’re inexperienced, naive and in for a rude awakening by the industry? The answer is simple: you turn

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How Your Youth Can Be Your Biggest Business Asset of All