Over the past few years, employers across the country have complained about the skills gap between what new college graduates are capable of doing and what the organization expects them to do. At the same time, graduates lament the unrealistic expectations set for entry-level positions.
A recent survey by TalentWorks explored both arguments and found:
- 61 percent of more than 95,000 full-time jobs for entry-level employees in the U.S. required at least three years or more of experience
- 43 percent of college graduates are underemployed in their first job
- This means the jobs they hold don't require a four-year degree
- The amount of experience required to get a job is increasing by 2.8 percent every year
- Over the next 5-10 years, recent graduates will start needing about four years of work experience just to get their first job
The Society for Human Resource Management (SHRM) dove into the numbers a little deeper and put together some advice for both job seekers and employers. Ultimately, it’s all about experimenting with a variety of options, including providing internship opportunities, recruiting for potential rather than pedigree, and setting realistic experience requirements for positions.
Zach DiSchiano is a communications specialist at TASB HR Services. Send Zach an email at email@example.com.