Good year to graduate from college, significantly better than the past couple -The Electronic Recruiting News

25% of graduating students received full-time job offers; a significant improvement over the Class of 2004, where only 18% had secured full employment at this time last year.
Of those who had received offers, 55% received 2 or more job offers and over 30% received signing bonuses and/or relocation packages, signaling a more competitive recruiting environment.
For the second year in a row, the top fields of interest for graduates who secured full-time employment are as follows:
- Financial services (29%)
- Accounting (23%)
- Engineering (15%)
- Computer software/hardware/services (14%)
These fields also offered the most perks in their offers, including matching 401K, signing bonuses, transportation plans, relocation packages and stock purchase plans.
50% of the Class of 2005 believe their job prospects are better than the class before them.
67% believe it will take them only 3 months or less to find a job, up 11% from last year.

Students Are Less Concerned With Salary and Job Location.

This year's graduates ranked their three most important criteria in evaluating job offers as:
- Fit with Your Skills
- Professional Development Opportunities
- Company Reputation and Ethics
In contrast, the Class of 2004 valued Salary, Career Advancement Opportunities and Location above all else.
The majority of students (65%) expect to make less than $45k in their first job.
The percentage of graduates expecting to make $46K or more in their first job dropped to 26%, as opposed to 30% of last year's graduates, reflecting more realistic expectations.

John Sumser

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