Ted Garrity’s Post

I posted a few weeks ago about graduate programs and how I think they're a missed opportunity for agencies. One of the things to get right is understanding *who* of the graduate pool you're trying to attract as an employer. The reason this is so important to understand is that some students are already lining up summer internships or clerkships two (or three) full years before they graduate. And once they start down those paths, it's very possible it'll lead to a job offer at one of those orgs - often before they're even in their final year. To be competitive amongst that group of students, you need to be visible, you need to be early, and you need to understand salary market rates. The Aussie Corporate has a great annual resource on graduate salaries, and the most recent edition is on the website at the moment. If there aren't many agencies offering graduate programs, that doesn't mean there's no competition for talent!!

Do you know the difference between a University Recruiter and an Industry Recruiter? University Recruiters are responsible for recruiting candidates for internships, entry-level positions, and most roles requiring less than 1 year of experience out of college. It's important to note that most university recruiting is done during the fall semester/quarter, which means if you're a sophomore looking for a summer internship during your junior year, I highly recommend that you start your search in the fall of your junior year. On the other hand, Industry Recruiters typically focus on roles that require 1-2+ years of experience out of college. These roles are typically considered to be beyond entry-level and can range from early career to principal positions and beyond. Understanding the differences between University Recruiters and Industry Recruiters can help you better navigate your job search and target the right opportunities based on your experience level. Remember to take advantage of the career center and resources during your early years of college and keep an eye out for industry opportunities that align with your career goals as you gain more experience. By being proactive and strategic in your job search, you can set yourself up for success and find the right job to kickstart your career. You got this!

According to a recent report, almost 50% of new college graduates in the US are starting their careers in jobs that do not require a degree. Within a year of graduation, 52% of graduates are found in such positions, which are mainly in areas like office support, food service, and retail. The report shows that graduates may face a difficult reality when it comes to finding better opportunities with their degrees. However, certain fields such as engineering, finance, and nursing show lower rates of underemployment. The report also reveals that securing internships significantly improves the chances of obtaining college-level employment. This indicates the need for improved career guidance and internship opportunities for students. #eduction #unemployment #graduation #jobs

The increasing prevalence of internships and graduate programs requiring prior experience raises concerns about whether these positions are being used as a means of obtaining cheap labor. While these programs provide valuable experience for young graduates, it's important to ensure that they are not being exploited for their labor. Employers must be transparent about their intentions for these roles and provide fair salary to avoid creating a system that takes advantage of desperate new graduates.

Fair/No Stipend ????? Reflecting on my PGDM experience and the skills I've gained, I feel obliged to highlight a key issue: the inequality in internship income despite the essential talents interns bring to the table. Internships are more than just learning experiences; they're opportunities for interns to showcase their communication skills, personality, presentation skills, storytelling abilities, and negotiation acumen. These skills, honed through education and real-world challenges, deserve recognition through fair compensation. Interns, especially MBA graduates, invest significantly in their education, mastering complex subjects and refining their professional persona. It's only fair that their compensation reflects this investment and the value they contribute to organizational growth. Fair compensation isn't just about financial rewards; it's about acknowledging the holistic value interns bring. Strong communication skills enable effective collaboration; a compelling personality fosters team morale; polished presentation and storytelling skills drive impactful ideas, while negotiation abilities ensure fair outcomes. It's evident that many aspiring professionals, including myself, are facing challenges with internships that offer minimal stipends or none at all. This situation poses significant financial strain, especially after investing time and resources into acquiring skills and education. What are your thoughts and experiences regarding internship compensation? How can we work together to ensure fair opportunities for emerging professionals? Together, let's advocate for fair compensation practices that empower interns and strengthen our industries. #CareerDevelopment #ProfessionalGrowth #Internships #FairCompensation #CommunicationSkills #PresentationSkills #Storytelling #NegotiationSkills #TalentDevelopment #DiversityandInclusion

Peak recruitment seasons to know  Overall, the most popular month for recruitment on college campuses is October for jobs beginning the following summer. This includes summer internships and full-time positions for students who are graduating. Other popular recruitment months are September and February. Recruiting and hiring usually slow down in November and December during the holiday season and again in July and August due to summer vacation.  Below, we highlight recruiting timelines for college students in various industries. Keep in mind that these timelines are specifically for students and recent graduates, both at the undergraduate and graduate levels. Other types of recruitment may occur at different times. For each industry in the timeline below, you can find information on the months of peak recruitment and examples of jobs for international students within that industry. #student #OPT #recruitment #season

⚠️ Summer Internships: End of Season Report ⚠️ As the 2023/24 Summer Internship recruitment cycle comes to a close, we are delighted to release our inaugural End of Season Report, where we investigate the stats behind applying to summer internships in finance. "How many applications should I submit?" "How important is going to a target university?" "How impactful are past spring weeks on a CV?" This report answers all these questions, and more. We investigate how competitive recruitment truly is, how factors like university and diversity affect applications, and the personal experiences of candidates. Many students believe the 2023/24 recruitment cycle has been anomalously competitive following recessionary economic conditions, low 2023 conversion rates and increasing access to information via tools like Trackr. We surveyed a total of 126 summer internship applicants across 37 universities and liaised with several employers and recruitment agencies. We invite you to share your thoughts and experiences in the comments of this post. Please share this report, and we hope our findings provide some insight into the dynamics of undergraduate recruitment. Download the report here: https://bit.ly/3w5yTwc www.the-trackr.com

New York Post: "Paid summer internships plunge..." #internships are a hot topic right now. The data is in; fewer students secured internships for 2024. How many Priority Candidates clients secured internships this year? 100%. Are you a college student thinking about your future? Start your planning now with Priority Candidates. Are you a high school student thinking the future looks uncertain? Talk to our strategic partner PREMINENTE. You'll benefit from their expert advice, and outstanding track record.

Are you a new graduate struggling to land a job due to lack of experience? It can be frustrating when employers require experience for entry-level positions. Even internships and placements don't seem to be sufficient. The employment system can indeed feel flawed at times. #JobSearch #NewGraduates #EmploymentSystem

This one is for all my college students updating their resume after their internships. Do you want an easy and quick fix to get on a recruiter's good side? Put your grad date on your resume! What we don't want to see: ❌ September 2021 - Present This doesn't tell me how long you are planning to be in school. You could be graduating early in 3.5 years or enrolled in a five year dual degree program. ❌ 2021 - 2025 With no month I can't tell if you are graduating in December or August instead of the traditional May time frame. Many companies who participate in university recruiting structure their budget in a certain way to support hiring at different times of year. What we do want to see: ✅ Graduation Date: May 2025 Now a recruiter knows if you are looking for a full time role or an internship and approximately when you are able to start working. Simple changes really do add up and make the process so much easier and faster! #resumetips #campusrecruiting #jobseekers #collegestudents