PHILADELPHIA, Sept. 4 PA-2008-College-Grads
PHILADELPHIA, Sept. 4 /PRNewswire/ -- This year's college graduates are
less confident than last year's that they will be able to find the jobs they
want, according to the College Graduate Career Confidence survey conducted by
Right Management (http://www.right.com), the world's leading provider of
integrated human capital consulting services and solutions across the
employment lifecycle.
Right Management recently conducted career management workshops in more
than 40 cities throughout the U.S geared specifically to recent college
graduates embarking on a new job search. At the conclusion of the workshops,
attendees participated in a survey measuring their confidence in the current
job market.
Key findings include:
-- Confidence levels: Of the 236 recent and soon-to-be college graduates
surveyed, 72% indicated it will be "somewhat to very difficult" to find the
ideal job -- up from 59% in 2007. Only 26% of this year's college graduates
believe it will be "somewhat to very easy" to get the jobs they desire -- down
from 37% in 2007.
-- Duration in first job: Nearly two-thirds of college graduates (61%)
expect to remain with their first employers for less than three years,
consistent with the 2007 findings. 28% expect to stay 3-5 years and 11% more
than 5 years.
-- Key motivators: Consistent with last year's findings, the top three key
motivators for college graduates when considering employment are (1)
Opportunities to develop new skills; (2) Appreciation for work/life balance;
(3) Establishing and maintaining a good rapport with their managers.
-- Balance more important than pay: Work/life balance is more important to
2008 college graduates than compensation when choosing a job. 38% of recent
college graduates said work/life balance is very important, while just 21%
rated compensation as very important.
"Employers that want to attract and retain new and emerging talent need to
understand the key differences in what motivates each generation," said George
Herrmann, Executive Vice President, Americas. Millennials -- those ages 31
and younger -- look for roles that are challenging and provide opportunities
to develop new skills. "This is a smart, skilled, savvy pool of talent.
Provide context, give them a voice, and look for opportunities for them to
play a part in the decision-making process, rather than just assigning roles
and tasks," Herrmann said.
"Millennials also seek an organizational culture that values a healthy
work/life balance, offering flexibility and choices in how and when work gets
done," said Herrmann. "A culture that promotes constructive feedback,
mentoring and regular acknowledgement of contributions will help employees
feel valued and fosters loyalty, which is critical to retaining skilled
talent," Herrmann stated.
Listen to the results of our survey, "New Graduates: The Talent of the
Future,"(http://tinyurl.com/6arvz2) and receive a copy of our latest article,
"Positioning for Success: Preparation is Key for New Graduates Embarking on
Their Careers" or contact Helene Cavalli at helene.cavalli@right.com.
About Right Management
Right Management (http://www.right.com) is the world's leading provider of
integrated human capital consulting services and solutions across the
employment lifecycle. Right Management helps clients maximize the return on
their human capital investments while assisting individuals to achieve their
full potential. Right Management is a wholly owned subsidiary of Manpower
Inc., a world leader in the employment services industry, creating and
delivering services that enable its clients to win in the changing world of
work.
SOURCE Right Management
