The Average Entry-Level Salary and Intern Compensation of 2024
Nov 13, 2024
In 2024, early-career salary expectations are influenced by the competitive landscape and Gen Z’s priorities. According to the RippleMatch 2024 Salary Benchmarking Report (available to download for free here), competitive compensation is a top priority for Gen Z talent, many of whom value financial growth potential over other job attributes. This report provides a comprehensive breakdown of salary data across fields, industries, and job functions, with particular insights into the expectations and realities of entry-level roles and internships.
How to Write a Job Description That Appeals to Gen Z Candidates
Nov 07, 2024
Generation Z is now the dominant entry-level cohort, reshaping early career recruitment with new expectations and behaviors. Unlike previous generations, Gen Z candidates often rely solely on the job description to decide whether to apply, with limited additional research into the company beforehand. Recent data collected by RippleMatch shows that 69% of Gen Z candidates read the full job description before applying, but don't seek out further details on the organization until later stages. This makes job descriptions critical real estate for communicating essential information, as they’re often the only impression a candidate will get before deciding to apply.
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REconference Innovation Series: How PURE Insurance Is Reimagining Onboarding & Training for Early Career Professionals
Embarking on a new professional journey can be both thrilling and nerve-wracking for early career professionals. To support students and new grads as they kickstart their careers, it’s crucial that employers provide interns and entry-level hires with a solid foundation for success.
What Average Starting Salary Does Gen Z Expect?
Compensation plays a significant role in attracting and retaining top talent, and it is essential for early career talent teams and campus recruiting teams to have a clear understanding of what Gen Z candidates expect in terms of salary today. Neglecting to do so can lead to your organization missing out on top talent to your competitors, and can leave your team at risk for reneges. To help you better understand what entry-level job seekers are expecting in terms of compensation in 2023, we collected data from nearly 3,000 candidates about what they want to see in their future employers. Read on to learn why it's increasingly important to discuss salary with candidates today, what they expect in terms of their starting salaries, and whether employers today are meeting those expectations.
Are Gen Z Job Hoppers?
One prevailing misconception surrounding Gen Z is their reputation as job hoppers, or that they don't intend to remain with a single company for an extended period of time. However, while it's true that attention spans have decreased across generations, this perception doesn't necessarily apply to Gen Z at work. In other words, despite the prevalent notion that this generation consists of restless individuals constantly seeking the next best opportunity, Gen Z doesn't have a significantly higher inclination to quickly move from one job to another compared to the generations that came before it. Or at the very least, they don't intend to.
Does GPA Matter for Internships and Entry-level Jobs?
GPAs have historically been thought of as one of the best ways to measure a candidate’s readiness and potential to excel in the workforce, oftentimes serving as an initial screening criterion for internships and job applications. However, forward-thinking employers today are recognizing that academic prestige alone does not necessarily guarantee success in the workplace. In fact, many companies are shifting their focus toward a more holistic approach to recruitment, placing less emphasis on GPAs and instead valuing diverse candidates who bring a wide range of skills, experiences, and perspectives to the table.
10 Annual Conferences That Every Talent Acquisition Professional Should Know About
Conferences are known for being great places to network, learn new industry insights, get acquainted with the latest technology, and hear from expert speakers. However, with so many conferences available throughout the year, it can be difficult to decide which ones are the right fit for your company’s needs. The best conferences give attendees strategies they can implement and see positive results from while also providing big-picture ideas and a look at larger trends. We’ve rounded up 11 conferences that deliver valuable information and learning opportunities every year that any talent professional could greatly benefit from.
The Top 5 Women's Colleges With the Best STEM Programs
Despite earning nearly 60% of the Bachelor’s degrees awarded by U.S. institutions, female graduates still lag behind men when it comes to STEM degrees. Women make up less than half of Bachelor’s degrees in STEM, and that percentage drops further for degrees like computer and information sciences and engineering. After graduation, women fill half of all U.S. jobs, but hold only 27% of STEM positions.
Early Career Hiring Projections for 2023
An investment in early career talent is a long-term investment in the success of any company — but in times of economic turmoil, that message can be hard to communicate to leadership. While stories of widespread layoffs at companies big and small have saturated the news lately, how does that narrative translate to the youngest members of the workforce?
10 HBCUs With Strong Computer Science Programs
Of the approximately 97,000 computer science degrees awarded every year, only around 9% are received by Black students. Historically Black Colleges and Universities make up a large portion of the schools graduating black students in the sciences, with 25% of African American graduates with STEM degrees coming from HBCUs. There are 107 HBCUs in the country that all create a strong community between students and faculty, provide a high quality education for an affordable price, and engage an ongoing alumni network. Incorporating these schools into your campus recruiting strategy is a great way to expand your talent pipeline, and find standout students in CS. We’ve rounded up 10 HBCUs with strong computer science programs to focus your efforts on, whether you're visiting a career fair, hosting your own virtual event and inviting students, or sourcing from these schools. For even more lists and recommendations for Historically Black Colleges and Universities to visit, download our full 'Recruiting at HBCUs' guide here! And to strengthen your strategy of connecting with HBCUs, learn more about RippleMatch's student network and automated sourcing technology here.
The Top 10 HBCUs With The Best STEM Programs
Historically Black Colleges and Universities (HBCUs) are a great resource for finding talented college graduates. Today, these schools are responsible for 22% of bachelor’s degrees awarded to Black graduates overall, and 25% of STEM degrees awarded to Black graduates. For companies recruiting for entry-level STEM roles, HBCUs offer thousands of bright and qualified candidates, especially HBCUs with strong and highly-ranked STEM programs. To help you recruit top technical candidates and ensure you have a diverse pipeline, we’ve rounded up 10 HBCUs with the best STEM programs to focus your campus recruiting efforts on. Here are the schools that made our list:
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