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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5 Obstacles Talent Leaders Are Facing Today
With the fall recruitment season just around the corner, RippleMatch recently hosted a weeklong customer conference titled Now & Next to see how talent leaders are balancing the recruiting demands of today with the challenges of the future. To conclude the weeklong event, we asked a panel of four talent leaders across different industries — Cindy Loggins, Head of Emerging Global Talent at eBay, Grace Williams, Director of Early Talent and Internal Mobility at Palo Alto Networks, Tracy Mendygral, Senior Recruiting Manager at McMaster-Carr, and Vicky Higaldo, Vice President and Senior Recruiting Manager - Early Talent National Lead at U.S. Bank — to talk about their short-term and long-term goals when it comes to early career candidates, as well as how they are tackling challenges head-on. These are some of the key obstacles they shared.
Companies Going the Extra Mile to Support LGBTQIA+ Employees
In recent years, many major companies have come forward in support of their LGBTQIA+ employees — which is crucial given that nearly half of LGBTQIA+ employees today reported that they experienced unfair treatment at work, and that the workplace is the second most common area where members of the LGBTQIA+ community experience discrimination (after ‘public spaces’). This Pride Month, we’re recognizing companies that are putting in the work to welcome LGBTQIA+ employees with open arms, and making the workplace a more inclusive place for all.
RippleMatch at NACE22: See You This June in Portland
RippleMatch is proud to be making its way to Portland this summer to participate in NACE22, the National Association of Colleges and Employers’ annual conference for college career services and corporate recruiting professionals. As sponsors of the conference, you’ll spot us everywhere from manning our booth in the Expo Hall, to taking the stage to present our latest benchmarking data on Gen Z. We are very excited to see you there!
8 Common Misconceptions About Early Career Hiring
You may have heard that early career talent is becoming an increasingly crucial talent pool, but who exactly are these candidates, and do you really need to tailor your recruiting strategies to interest them in your company?
7 Unique Challenges to Crafting an Early Career Hiring Strategy
While recruiting for any role at a company can be tough in today’s tight labor market, early career hiring has its own unique set of challenges. The way that you attract, evaluate, and ultimately hire entry-level employees will likely differ from your approach to recruiting more experienced professionals. As you develop your early career hiring strategy, here are some of the main challenges you may encounter (and some of our recommended solutions).
How Entry-Level Recruiters Can Reduce the Gender Gap in STEM
Despite comprising about half of the U.S. workforce, women are vastly underrepresented in science, technology, engineering, and mathematics (STEM) careers. A report from the American Association of University Women found that women make up only 28% of the workforce in STEM fields, with an even wider gap in occupations related to computers and mathematics (25%), and engineering and architecture (17%). While some progress has been made over the past fifty years, there’s still a long way to go in achieving gender parity in STEM careers. Entry-level recruiters — and the companies they work for — play a pivotal role in recruiting women into STEM and providing opportunities for advancement and success throughout their careers.
What Gen Z Workplace Values Say About the Future of Company Culture
As employers navigate new working models in the wake of COVID-19 — such as remote-first, fully on-site, or hybrid — showcasing company culture to prospective employees has been more challenging than ever. Recent research from RippleMatch’s What Gen Z Wants report shows that company culture remains a key factor in the Gen Z job search, indicated by the value that these candidates place on work-life balance, a sense of community at work, and how companies have supported employees’ well-being during the pandemic. Our data further illustrates that company culture is not only helpful for recruiting new talent, but also for retaining interns for full-time positions after graduation.
How COVID Has Shifted the Importance of Professional Development to Gen Z
For Gen Z college students, the importance of learning and growth doesn’t stop after graduation. In fact, a RippleMatch survey from 2018 found that professional development was the top priority for Gen Z job-seekers at the time. But as the COVID-19 pandemic continues to challenge both educational and professional norms, has Gen Z candidates’ focus on professional development during the job search changed?
What Gen Z Expects From Candidate Experience in the Era of COVID-19
As the competition for entry-level talent continues to intensify and the pandemic ebbs and flows, candidate experience can be the difference between hiring your next superstar or losing out to a competitor. Our latest report focusing on what Gen Z wants at work uncovers new insights on this generation’s top priorities during the interview and hiring process — including where they are looking for jobs, how they prefer to communicate with prospective employers, and what main factors contribute to a positive candidate experience.
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