Leading cloud-based recruitment software releases third annual report on college seniors’ job search expectations compared to realities of entry-level employers
HOLMDEL, N.J. [May 7, 2018] – College graduates from the class of 2018 expect to earn an average of $54,010 in their first job, a rise of almost $8,000 from the salary expectations of the class of 2016, according to a new report from iCIMS Inc., a leading provider of cloud-based talent acquisition solutions.
The third annual report explores the professional aspirations of the class of 2018 including industry, role and salary expectations along with grad school ambitions.
“This year’s graduates are confident in their ability to find the job they want after graduation, and a well-paying one at that,” said Susan Vitale, chief marketing officer at iCIMS. “For employers, even with an abundance of educated candidates, nearly 80 percent of recruiters are finding filling entry-level positions more challenging than they did three years ago. In response, recruiters have upped their game by offering better salaries and benefits (41 percent), increased training and development (40 percent), and enhancing their employee referral programs (33 percent).”
In addition to the survey of college seniors and recruiters, the report also includes data points from iCIMS’ platform, which is drawn from a database of more than 61 million applications and 3 million jobs posted per year by more than 3,500 customers. Key data points include:
Key findings from the survey include:
To compile the report, iCIMS conducted a survey of 400 U.S. college seniors and 400 U.S. HR recruiting professionals.
To view the full report, please visit Hiring Insights.
iCIMS is the talent cloud company that empowers organizations to attract, engage, hire, and advance the right talent that builds a diverse, winning workforce. iCIMS accelerates transformation for a community of approximately 4,500 customers, including nearly half of the Fortune 100, that employ more than 35 million people worldwide. For more information, visit www.icims.com.