What Recent Grads Are Looking for in a Company
With college graduation season just around the corner, a new survey finds cross-organizational training and mentorship programs for entry-level workers to be commonplace at the best places to work for recent grads.
The finding comes as part of the annual rankings of the top 25 places to work for recent graduates, as compiled by ConnectEDU--a Boston-based company that helps prepare college talent for the workforce. It serves as more evidence of the importance recent graduates place on career development.
ConnectEDU selects the top 25 companies from a pool of companies that plan on hiring at least 12 entry-level employees in the next year. The companies on the list range in size and industry--Sears, Verizon, and SalesForce all register on the list, which can be seen in full here.
Companies as massive as Sears, or even as large as SalesForce, have the ability to hire many more entry-level workers than the very young startups that millennials consistently say they want to work for. Moreover, companies had to take part in the survey in order to be considered, and were chosen based on their answers to those survey questions.
So the rankings don't necessarily represent the companies recent grads most want to work for. Rather, they show the companies that have the means to hire a lot of recent grads and that plan to treat them best.
The survey results, however, provide a good look at what companies that clearly value recent grads are offering--and they're consistent with what we already know young talent values in the workplace.
According to ConnectEDU, of the top 25 companies, 88 percent offer rotational training programs for incoming entry-level hires. Such programs give employees some training in multiple areas of the organization, helping form a more holistic understanding of the company beyond a given employee's day-to-day. They also open doors should employees look to move into a different part of the organization some day--something young employees generally want to do shortly after starting their careers.
And 92 percent of the top-ranked companies offer formal mentorship programs. This makes sense, considering that mentorship consistently registers as a top priority for young workers.
Aside from that focus on training and mentorship, the companies with the top entry-level positions offered an average salary of $56,200. Entry-level employees at these companies work about 42 hours per week, and get three weeks worth of vacation time.