Wednesday, April 15, 2020
Best Jobs for Recent College Graduates High Paying Salary
Best Jobs for Recent College Graduates High Paying Salary College graduation season is upon us. Yet for many soon-to-be alumni, thereâs a still a big test on the horizon: The job hunt. May is the start of the peak-hiring period for recent college grads, according to LinkedIn. Job offers continue throughout the summer and most graduates will be employed by the end of the year. In fact, the share of graduates that report finding jobs in their graduation year has been steadily climbing since 2012 as the economy has recovered and the labor market tightened. About 55% of the class of 2018 found a job before the end of the year. Where did they find jobs? Often in health care, financial services, retail, and information technology, according to the 2019 LinkedIn Gradsâ Guide to Getting Hired report. About 50% of recent grads will move from the city where they attended school for a new job, the report finds. LinkedInâs data team analyzed the profiles of nearly one million U.S. users who said theyâd graduated between May 2017 and May 2018 to see what job titles they took on. The most popular jobs for new college grads have average starting salaries ranging from $31,000 to $83,000. Keep two caveats in mind: The positions are based on LinkedInâs universe of members and job postings, and itâs likely that the platform is more commonly use in some industries, like sales and marketing, than in others. The salaries also are based on national averages, meaning figures could swing in either direction depending on where youâre searching for a job. These are the 10 jobs that the most 2018 graduates entered into, along with the current number of entry-level openings and the average annual salary for an entry-level worker. 1. Software engineer Average salary for entry-level roles: $83,000 Open entry-level positions: 40,000 For the second year in a row, LinkedIn reports that software engineer was the job title that the highest number of recent graduates were seeking. Itâs also the job with the most openings and highest entry-level salary among those in the report. 2. Registered nurse Average salary for entry-level roles: $62,400 Open entry-level positions: 9,000 The health care industry as a whole is forecast to be one of the fastest growing parts of the labor market, particularly in areas that require expertise with new technologies and the ability to care for our aging population. MONEY reported last year that jobs for registered nurses are expected to grow about 8% in the next few years. 3. Salesperson Average salary for entry-level roles: $31,100 Open entry-level positions: 7,000 Unlike the recent popularity of STEM-focused jobs, a sales job has long been a common first career step, and itâs a position some say can launch you into long-term career success. Somen Mondal, the CEO of Ideal.com, a tool that uses AI to help companies hire, calls it the best first job. And in research for his book The Wealth Elite, historian Rainer Zitelmann found that billionaires and millionaires commonly worked in sales positions before they accumulated their wealth. 4. Teacher Average salary for entry-level roles: $40,000 Open entry-level positions: 8,000 Despite the spotlight on the challenging working conditions and below average pay that teachers face, it is still a position thatâs attracting a significant share of recent college graduates. 5. Accountant Average salary for entry-level roles: $48,000 Open entry-level positions: 2,000 Three of the largest accounting firmsâ"EY, PwC, and Deloitteâ"rank in the top five U.S. companies that hire the most recent college graduates, according to LinkedIn. 6. Project Manager Average salary for entry-level roles: $57,500 Open entry-level positions: 22,000 Project managers work in a variety of industries, and while itâs not a new position by any measure, it has gotten a boost in recent years from the need for project leaders with technical know-how. Indeed.com named commercial project manager as one of the best jobs in 2018. 7. Administrative Assistant Average salary for entry-level roles: $35,400 Open entry-level positions: 17,000 This may be a good initial job for recent grads, but itâs likely not a long-term career plan based on workforce trends. The Bureau of Labor Statistics predicts that the market for secretaries and administrative assistants will decline by about 5% by 2026. 8. Account Executive Average salary for entry-level roles: $55,000 Open entry-level positions: 10,000 Account executives tend to work closely with sales representatives and account managers, two other job titles on this list. 9. Financial Analyst Average salary for entry-level roles: $59,300 Open entry-level positions: 4,000 Financial analysts typically major in economics, finance, or statistics, but graduates with backgrounds in accounting and math will also stand out to recruiters from banks and financial firms. 10. Account Manager Average salary for entry-level roles: $52,900 Open entry-level positions: 8,000 Like other positions on this list, the job title of account manager likely gets a boost from its presence in a variety of industries. But youâll find most positions in advertising, marketing, sales, and financial industries.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.