Industry News
Survey: College Students Expect To Remain With First Employers Less Than Three Years
Thursday September 27, 2007
Philadelphia — Sept. 27
Most college students expect to stay with their first employers for less than three years, with the pace of their job-changing slowing down after their initial employment, according to the College Student Career Confidence Survey by Right Management, a wholly owned subsidiary of Manpower Inc.
According to the Right Management survey of 247 recent college graduates and college students throughout the United States:
- 61 percent of college students expect to remain with their first employers for less than three years.
- Only 16 percent anticipate continuing to change jobs as quickly throughout their careers.
- 34 percent said they plan to change jobs every three to four years, and 50 percent expect to switch employers every five years or more.
- Opportunities for career development
- Work-life balance
- Good rapport with bosses and co-workers
- Employers valuing their opinions
- Receiving positive feedback for a job well-done
- Getting information in a timely manner
“And, according to Right Management’s research, it costs an average of 2.5 times an individual’s salary to replace an employee in recruitment, training, lost productivity and severance costs. So, it pays to help get new hires committed to their jobs and organizations, and keep them fully engaged in their jobs, as early in their careers as possible.”
For more info: http://www.right.com
Executive Search
Program Manager OE / Talent Management
Raytheon Space and Airborne Systems in El Segundo, California is currently seeking a Program Manager – OE / Talent Management.
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