Great Expectations–Accenture 2014 College Graduate Employment Survey

The Accenture 2014 College Graduate Employment Survey

Accenture-2014-College-Graduates-Survey-smaller  “The research reveals that many companies are not providing the talent development and training programs expected by recent college graduates. The vast majority of students graduating from college in 2014 (80 percent) expect their first employers to provide them with a formal training program, however, 52 percent of students who graduated from college in the past two years say they did not receive training in their first job. The research also found that nearly half (46 percent) of those who graduated in 2012 and 2013 consider themselves underemployed and working in jobs that do not require their college degrees, up from 41 percent of recent graduates participating in last year’s survey.

The research identifies several strategies for how employers can improve how they hire and develop entry-level talent coming out of college, something that is essential to maximizing the overall “talent supply chain”.

“The survey polled more than 2,000 students and compares the perceptions of the class of 2014 who are preparing to enter the job market, with the experiences of recent grads already in the working world. A similar study was conducted in 2013.”

The Best And Worst Master’s Degrees For Jobs – Forbes

The Best And Worst Master’s Degrees For Jobs

Forbes.com June 8, 2012

“Thousands of new college grads will enter the workforce this year, but with unemployment at 8.2% and underemployment near 18%, many will put off the taxing job search process and opt out of the weak job market to pursue graduate degrees.

With this in mind, Forbes set out to determine which master’s degrees would provide the best long-term opportunities, based on salary and employment outlook.”

What is the economic advantage of having a college diploma?

The College Payoff

“A college degree pays off–but by just how much? In this report, we examine just what a college degree is worth–and what else besides a degree might influence an individual’s potential earnings. This report examines lifetime earnings for all education levels and earnings by occupation, age, race/ethnicity and gender. The data are clear: a college degree is key to economic opportunity, conferring substantially higher earnings on those with credentials than those without.”

Institute for the Future recent publication on future work skills needed in 2020

Future Work Skills 2020

“Global connectivity, smart machines, and new media are just some of the drivers reshaping how we think about work, what constitutes work, and the skills we will need to be productive contributors in the future. This report analyzes key drivers that will reshape the landscape of work and identifies key work skills needed in the next 10 years. It does not consider what will be the jobs of the future. Many studies have tried to predict specific job categories and labor require- ments. Consistently over the years, however, it has been shown that such predictions are difficult and many of the past predictions have been proven wrong. Rather than focusing on future jobs, this report looks at future work skills—proficiencies and abilities required across different jobs and work settings.”

hiring decision-makers believe that the post-secondary education system could do a better job preparing students for the workplace

Closing the Gap between Career Education & Employer Expectations: Implications for America’s Unemployment Rate

“…a survey commissioned by the Accrediting Council for Independent Colleges and Schools (ACICS) will be released at the National Press Club, showing that many hiring decision-makers believe that the post-secondary education system could do a better job preparing students for the workplace. The study, conducted by FTI Consulting, surveyed 1,006 professionals – representing various industries in the United States – who make hiring decisions on whether job applicants have the knowledge and skills they need to succeed in the workplace.

Only seven percent of hiring decision-makers believe the post-secondary education system does an “excellent” job preparing students for the workforce, while 54 percent say it does a “good” job and 39 percent say “only fair” or “poor.” Forty-five percent of decision-makers believe that most students would be better served by an education that specifically prepares them for the workplace.”