NEW YORK - This yearís college graduates are seeking from potential employers more assurances of job security according to a report on CollegeJournal.com, The Wall Street Journalís guide for career-minded college students.
Although college graduates are benefiting from the best job market in four years, they learned from watching the tech crash that corporate fortunes can turn -- and campus job offers can be rescinded -- on a dime. With jobless claims nearing a six-year low amid strong economic conditions, companies expect to hire more new college grads this year than last, says a report on CollegeJournal.com.
As companies begin their next round of campus visits to recruit the undergraduate class of 2006, recruiters say itís clear that the bad news of the past few years -- from Sept. 11 and the tech crash to Enron, layoffs and worries about Social Securityís demise -- have shaken this new crop of graduates.
According to the CollegeJournal.com report:
Like the previous generation of graduates, todayís recruits still rate work-life balance as the No. 1 employer attribute they seek.
Recent grads value health insurance and retirement plans more than other elements of compensation, such as vacations, bonuses and stock options.
Graduates show a preference for stable, diversified companies that will live up to benefits promises.
Graduates find reassurance in a process their parents hate: performance reviews. New recruits are accustomed to organized programs --they want frequent feedback and recognition for a job well done.
New graduates expect flexibility without the career sacrifices that usually come with it.
For more information please visit www.CollegeJournal.com. To see the full report, go to
College Grads seeks job security, according to CollegeJournal.com
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