Recent Graduates: Should You Hire Them
April 24, 2018
It’s that time of year where many graduating college seniors will be looking for jobs. Recent grads can be a great resource for companies—they’re energetic, innovative, and more willing to take risks, to name a few qualities. However, there are also a few downsides to hiring fresh grads as well. Here are some pros and cons of hiring new graduates.
A Message for the Wary
Today’s college graduates have demonstrated the influence of technology on various skills that are important in the workplace. PayScale’s 2016 survey showed that 60% of companies said new grads lacked critical thinking skills and attention to detail (56%), while 44% found weaknesses in their writing proficiency, and 39% were unimpressed with their public speaking ability.
According to that same survey, companies also felt that entry-level candidates are often lacking soft skills such as motivation, interpersonal skills, appearance, punctuality, and flexibility and are unaware about the fundamentals of office life. Chegg, a textbook company found that 80% of employers want new grads that have completed a formal internship. However, only 8% of students say they’ve interned in a field related to their major or spent time thinking about it.
The Association of American Colleges and Universities found that there is a large gap between employer and student perceptions in their 2015 survey, showing that many new grads have a tendency to inflate their preparedness.
While students possess textbook knowledge, they lack the ability to translate that knowledge into critical thinking, innovation, and complex problem solving.
Why you should hire them
There are many reasons why hiring new grads can be a great decision. Here are a few to consider:
They are less expensive
Students lack the same experience as an older candidate, and therefore most often know their compensation will reflect this.
They are more likely to take risks and be more innovative
Innovation can be risky and full of error. It can even cost people their jobs. However, those risks can also bring many rewards and younger hires are more inclined to push the bounds.
They’re used to working together in teams
They’ve been raised in programmed environments. Many of them went to daycare or organized activities. Those environments imprinted the need to take direction from their higher-ups and work together in teams.
They have more physical and mental energy. Simply, because they’re younger
They know internships are temporary
If you don’t feel that they’re a good fit for your company, both sides can walk away without any real harm
Think of what’s outlined here as a guide you can refer back to the next time you’re deciding whether or not to hire a recent grad. With any hire it’s important to weigh the pros and cons, and it’s important to remember that any new hire is going to take a while to adjust to their new environment.
Recent Uncubed Posts
Announcing Changes to Our Email Content for Members
Reading up on the Future of Work
HR Uncubed 2018 Recap Video