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Tales from the Corporate Frontlines: Career Opportunities for New Graduates
Tales from the Corporate Frontlines: Career Opportunities for New Graduates This article relates to the Career Opportunities competency and explores issues such as internal growth opportunities, potential for advancement, career development importance, and the relationship between job performance and career advancement. Evaluating the Career Opportunities competency in your organization will determine whether your employees believe they have a chance to grow within the organization. Studies show that lack of career opportunity is one of the top reasons why employees leave an organization. Also, continually hiring open positions from outside the organization can be detrimental to morale when a qualified candidate is available internally. Topics covered in this competency are: perceived opportunity for advancement, existence of a career development plan, and organizational commitment to staff development. This article, Career Opportunities for New Graduates, is part of AlphaMeasure's compilation, Tales From the Corporate Frontlines. It tells how a group of HR employees tried a new twist on an annual event and discovered ways to improve their company's strategy for career development. Anonymous Submission I have spent the past 25 years working in the HR department of a large financial services company. Every spring, our department gets buried in a barrage of resumes and cover letters from fresh, talented graduates eager to begin their careers with our company. Every year, our hiring execs choose those that fit the company's needs best at that particular moment in time. Obviously, businesses are eager to hire new, young, fresh workers. They are enthusiastic, intelligent, and eager to work hard and establish their careers. They are also relatively cheap, as any honest hiring exec will admit. But once these grads are hired, and begin their careers---then what? After noticing that after five years or so, very few of these graduation season new hires were still working with our company, we set out to find out why. We decided to try something different during this year's interview process. As a little experiment, we added questions about what these new grads expected in terms of career development and advancement, and got some surprising answers. Following are a few of their biggest concerns--- * Availability of career development programs. They consider training and mentoring to be a top priority. Realizing that college is only the beginning of their learning process, our interviewees want to know that the resources they need for professional growth are readily available. * Internal promotion vs. external hiring. Candidates are eager to follow a career path inside the company, and concerned that their path may be blocked by external hiring for desirable positions. They are willing to work their way up-as long as it's possible. * A reasonable chance for upward mobility. As long as they feel that the opportunity for career advancement is possible, they will remain. But a huge fear is to be pigeonholed in a dead end situation. Once that happens, they would rather move on. These kids have invested time and money in their educations, and they are serious about getting the most from that investment. We performed this little experiment in conjunction with data obtained from a recent employee satisfaction survey showing how our current employees perceive opportunities for growth and advancement within the company. We took that data and compared it with what these young career candidates expected from a potential employer. We were able to zero in on problem areas and develop effective solutions. They weren't aware of it at the time, but this year's new recruits helped to shape the future of the company where they hope to build their careers. We hope they stay around to do just that. © 2005 AlphaMeasure, Inc. - All Rights Reserved This article may be reprinted, provided it is published in its entirety, includes the author bio information, and all links remain active. Measure. Report. Improve your organization with an AlphaMeasure employee satisfaction survey. Josh Greenberg is President of AlphaMeasure, Inc. AlphaMeasure provides organizations of all sizes a powerful web based method for measuring employee satisfaction, determining employee engagement, and increasing employee retention. Launch your employee surveys with AlphaMeasure.
MORE RESOURCES: Careers at Prairie View A&M University Prairie View A&M University National Park Service restores some jobs of fired employees, pledges to hire 7,700 seasonal workers WVTM13 Birmingham Corporate Lowe's 2025 Job Hunting: The Skills That Will Make or Break Your Career and the Fastest Growing Fields Investopedia Careers Baxter Commonwealth Job Fair Governor Tom Wolf Careers at USCIS USCIS Charted: Which Jobs Are Using AI the Most? Visual Capitalist Investigation: Ohio Dept. of Natural Resources lawyer worked second job on state's dime The Columbus Dispatch Careers ontarioca.gov Careers | Home USDA.gov Thousands of federal employees fired from US regulatory and science funding agencies Chemical & Engineering News Employment opportunities Department of Taxation and Finance Jobs City of Rochester (.gov) Store Hourly Job Areas Target Corporate Careers at TWU Texas Woman's University Work at Butler Butler University Jobs and Training at FDA FDA.gov Jobs at Liberty University Liberty News Work at the U.S. Department of Energy Energy.gov Employment | Department of Corrections Governor Tom Wolf Careers at University of Missouri Health Care | University of Missouri Health Care jobs University of Missouri Health Care Careers and Jobs at CRS Catholic Relief Services Work With Us National Oceanic and Atmospheric Administration Work for the City of St. Louis City of St. Louis Career Opportunities UMHB Work for Us (U.S. National Park Service) National Park Service Careers BASF Career Opportunities Gilead Sciences Healthcare Jobs at Novant Health | Novant Health Novant Health Job Seekers University of Illinois Urbana-Champaign Careers Washington State University IOM career gateways International Organization for Migration (IOM) Careers West Virginia Department of Education Careers at FEMA FEMA Jobs and careers | Veterans Affairs Veterans Affairs MTA is hiring for jobs with no education requirements or experience PIX11 New York News Meta slashes 3,600 jobs worldwide, including in the Bay Area KTVU FOX 2 San Francisco Future of Jobs Report 2025: The jobs of the future – and the skills you need to get them World Economic Forum UF Health Careers UF Health - University of Florida Health Student Employment St John's University News Careers CrowdStrike MBA applications bounce back in tougher job market Financial Times Texas Job Openings and Labor Turnover — October 2024 Bureau of Labor Statistics Current opportunities Turner & Townsend Job Opportunities Bellevue School District Careers KPMG Corporate Job Areas - Global Supply Chain & Logistics Target Corporate Work with us | Veterans Affairs Veterans Affairs Careers S&P Global Recorded Video Interviews Target Corporate The Hot Labor Market Has Melted Away. Just Ask New College Grads. The New York Times Explore BCG locations around the world Boston Consulting Group WORK AT LVMH LVMH Careers at Jacobs Jacobs Surging job market could prove costly for households, businesses as odds of quick rate cuts fade The Associated Press Early careers NHS staff increasingly unhappy at work Personnel Today Work with us JPMorgan Chase Department of Public Health City and County of San Francisco Internship Opportunities | BCG Boston Consulting Group Highest-Paying Engineering Careers in 2024 University of North Dakota Careers in A&O Shearman Students and graduates JPMorgan Chase Careers at Discovery Education Discovery Education Careers Turner & Townsend Careers at Sinai Health Sinai Health Employment Opportunities Unity Health Toronto |
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