New Hire Recruiting Trends: How to Secure Your Next College Grad

NEW HIRE RECRUITING TRENDS HOW TO SECURE YOUR NEXT COLLEGE GRAD STAY ON TOP OF TRENDS Hiring of technical majors is expected to increase by 24%,: with the most popular being -000 Electrical Computer science Mechanical engineering engineering Hiring of business majors is also expected to increase by 22%, with the most in-demand being Accounting Finance Marketing THE MAJORITY OF COMPANIES ARE HIRING COLLEGE GRADUATES PERCENTAGE OF EMPLOYERS CANDIDATE TYPE WHO HIRED IN 2015 83% Experienced direct-from-industry hires 79% Bachelor's 71% MBA 48% Nonbusiness master's HIRING MAGNITUDE More than planned As planned Fewer than planned Planned but did not hire 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 20% 15% 8% 15% 56% 67% 67% 62% 21% 16% 18% 20% 3% 7% 4% I Experienced direct-from-industry hires Bachelor's I MBA I Nonbusiness master's 82% of new grads looked at the job market before choosing a major 8% Don't know 13% Less than 6 months 11% Would never leave 12% 5% 6 months to 1 year Millennials were asked: More than 10 years "If you had a choice, how long would you stay with your current employer before leaving to join a new organization or do something different?" 11% 5 to 10 years 19% 1 to 2 years 22% 2 to 5 years REFINE YOUR COMPANY'S BRAND MESSAGING Quality candidates are in the driver's seat Job seekers today are more sophisticated job shoppers Candidates want to know as much as possible about your Job Company Culture Corporate values RECRUIT TOP TALENT OFFER INTERNSHIP PROGRAMS 82% of companies offer internship programs Overall, - 10% The percentage of employers that offer internships, by candidate type 75% 73% 38% Bachelor's MBA Nonbusiness master's GET ONLINE f y 78% in 8+ of organizations use social media for recruiting college grads VISIT CAMPUSES On-campus interviews are still the most effective recruiting strategy according to 80% of employers Almost 2/ 3of new hires are recruited through on-campus activities Recruiters build relationships with university staff and students, and build brand awareness with an in-person presence through Career or job fairs Information sessions WHAT COLLEGE GRADS WANT WHEN THEY APPLY A STREAMLINED APPLICATION PROCESS Make it easy for candidates to apply for open positions with just a few clicks via LinkedIn and other platforms Not lengthy or time consuming FLEXIBILITY IN APPLYING Let candidates use their mobile devices to: Accept interview invitations Self-schedule interviews Make real-time changes 77% of job seekers use mobile job search INSTANT COMMUNICATION Offer texting or chat messaging SMS HOW TO APPEAL TO GRADS USE TALENT ANALYTICS Analyze and curate relevant data Does academic success or initiative predict employee success? What factors lead to How do you keep new hires satisfied with their jobs? employee attrition? BROADEN YOUR SOURCING SCOPE Use apprenticeships and in-house training programs BE AWARE OF WHAT THEY WANT In order of importance, what's most important to this age group when evaluating opportunities? E Good work/life balance E Opportunities to progress and be leaders E Flexibility (remote working, flexible hours) E Sense of meaning from the work E Professional development training programs E The impact it has on society E The quality of its products and services M Strong sense of purpose E Opportunities for international travel E Fast growing/dynamic E A leading company that people admire E Invests in and uses the latest technology E The reputation of its leaders GET DIGITAL in in Young people use digital channels (i.e., social networking) while prospecting Invest in the channels where your candidates are active ENGAGE EARLIER Start an internship program DIFFERENTIATE ON TALENT DEVELOPMENT Bridge the gap between expectations for training and the reality of what recent grads have experienced Use training as an opportunity to differentiate during the recruiting and retention parts of the talent supply chain Strengthen the organization through ongoing capability development College graduates are an important group for employers to target when hiring new employees. Follow the trends and time-tested methods listed here to find the newest top talent for your company. SOURCES: recruitingtrends.com www2.deloitte.com accountingweb.com simplyhired.com gmac.com aceenture.com shrm.org naceweb.org hbr.org Brought to you by: In partnership with: AKĶEN Cloud06 GHERGICH&Co. Staffing. Recruiting. Success PERCENTAGE OF EMPLOYERS