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According to a recent survey by Job Outlook, for the
third year now there is a positive increase in hiring fresh college
graduates for 2006. Business owners plan on hiring more from the
class of 2005-06 than they did from the 2004-05 class as well as
offering higher compensation and benefits for the new hires.
In the annual survey by the National Association of Colleges and
Employers, nine out of ten companies describe the new job market as
good, very good, and excellent. Public accounting and consulting
firms narrated the brightest prospect for the future graduates,
while engineering and construction firms supported the idea by
saying they'll also be hiring.
There is a growing demand for new graduates in the job market as a
result of the also growing products and services they offer and to
keep up with the retiring HR staff.
Who are in demand?
• Mechanical engineering
• Electrical engineering
• Accounting
• Business administration/ management
• Economics/finance
• Computer science
• Information sciences and systems
• Marketing/marketing management
• Computer engineering
• Chemical engineering
Mechanical engineering graduates topped the list and eyeing on them
are aerospace, automotive, mechanical equipment manufacturers. They
also plan on hiring graduates with Ph.D.s in science and computer
related courses.
Banking, transportation, financial, and insurance services are
seeking Economics/Finance graduates. The food and beverage
processing companies, merchandisers, and financial services will
need more Business Administration/Management degree holders.
One-third of business owners plan on hiring associate graduates
categorized into three: technology, engineering and business related
degrees. Insurance and engineering/surveying companies appear the
most in need of 2 year course graduates for they bear a productive
kind of technical knowledge which does not require more training.
They belong to the hands-on work force who developed a good work
ethic which is sadly observed by employers as missing in previous
amateur graduates.
During the survey, only 23.5%, (mainly manufacturers) respondents
planned on hiring international graduates in 2006.
What qualities should a new graduate possess?
• Must have excellent verbal and written communication skills
• Must be honest and has a high regard with integrity
• Can easily relate to others
• Maintain strong work ethic
• Can work well with others –TEAMWORK
• Analytical skills
• Must be self motivated and initiative
• Adaptability to change
• Updated computer skills
• Observant to details
The standards of companies’ ideal candidates are often higher than
the last year’s. It is important that new graduates show good
G.P.A.s as full time jobs come with good benefits coming from good
revenues. Salary, should not be the sole consideration when looking
for a job, benefits are part of it.
Here are some of the lists of benefits:
• Life and Medical/Dental insurance
• Retirement plans
• Annual and semi-annual increase
• Employee counseling program
• Dress code
• Paid trainings
• Bonus and commissions
• Family benefits
• Flexi-time
• Performance updates
• Vacation and sick leaves
• On-site fitness and recreational facilities
• Day care center
• Company car/service
The best places to seek competitive employers can be on campus job
fairs, during on-the-job-trainings, student organizations and clubs,
Internet search job search engines, etc. What’s important is that
you target the right employers. Don’t let an opportunity pass, get
in the interview to know more about their career offers and don’t
forget to research about the company. You must be able to discuss
your career objectives and compose a list of relevant and creative
questions you can ask yourself.
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