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Challenges Facing Employers Hiring Interns and Recent College Grads

Challenges Facing Employers Hiring Interns and Recent College Grads

One of the biggest challenges facing college graduates is finding the right type of job afterward. However, many employers actively recruit new graduates because they know they’ll be a great asset to the company. These employers often work closely with colleges to hire the best and brightest students since they’ll add value to their bottom-line. For example, BlackBerry (RIM) has worked closely with Waterloo University in Canada to recruit potential graduates right after they finish university. These students have been screened beforehand so they can join the company right away. It’s important to understand these students show exceptional skills in their field of study.

With that said, there are still a lot of challenges for employers when looking for the brightest people to join their organization right out of college. I did some research and found five major challenges that I’ll discuss below.

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Heavy Competition

There is enormous competition between companies when looking for the best people to join their team. Many employers will likely target the same colleges making it harder for a single company to recruit the brightest graduates. In order for these companies to improve their chances, they’ll offer higher pay and packages to get an edge on their competition. With competition being so high, there’s always the threat of these new hires being taken away after one year. For example, if a specific company doesn’t hire them the first time around, it doesn’t mean they won’t try and hire them a year later.

Keeping the Talent

New graduates know when they get hired by a company that their success will be capped because they’ll often have to sign lengthy contracts. The contract will also limit their mobility within the company. In the end, their growth and profit margins are limited going forward. New graduates recognize this so are working to gain experience and quickly leave right after to pursue a higher position. In the end, companies are faced with the challenge of replacing employees after they’ve invested so much time and money into their progress.

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To keep new graduates with the company longer, they’ve started to –

  • Promise development over the years
  • Hire them under their own company name for tax benefits
  • Offer higher than normal salaries
  • Pay for master and MBA programs
  • Pay for housing, flights, and travel costs

Cracking Under Pressure

Since college graduates are hired right after graduation, they have a lot of pressure on them to perform. They have been brought in because of their exceptional skills and companies are hoping they’ll increase profits, diversify products, etc. But, this pressure causes them to crack and they don’t perform the way they were expected to. The company is left with an under-performing employee because they are contractually not allowed to terminate a contract. To try and make things better, they put the employee through a training program which will cost the company millions of dollars.

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To prevent this issue, more companies are working with universities to offer co-op programs to screen future employees beforehand making sure they can work in a fast-paced environment.

Loyalty

Many companies think hiring the best right out of university has enormous benefits. This is true a majority of times, however, some companies still have problems with employee loyalty. Hiring too quickly can force you to overlook character, which is very important in the employment process. For example, what happens if the graduate joining your team is NOT a loyal person? What happens if they are dishonest or can’t be trusted with confidential information?

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These are all questions which should be answered before bringing someone on board, however, the pressure of quickly hiring the best sometimes forces companies to overlook this component.

Final Thoughts

It’s hard attracting the best to your company especially with so much competition. You’re bidding to win a graduate to join your team.

It can be a huge asset hiring young fresh vibrant people in your organization. However, at the same time you are getting inexperienced graduates who may not perform well in a fast-paced environment. If you’re a company planning on hiring new graduates direct from college, then do your research and prepare yourself accordingly.

Featured photo credit: abacuspay.com via abacuspay.com

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Rizvan Ullah

Rizvan is the founder of CareerCrawlers. He shares career and motivational advice on Lifehack.

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Last Updated on September 23, 2020

Do What You Love and Love What You Do to Achieve More

Do What You Love and Love What You Do to Achieve More

Are you waking up each day looking for that perfect thing, activity, or job that will make your life work? Or, maybe you are looking for that perfect relationship. Once you “get” this new thing that will allow you to do what you love, you are sure that you will be happy forever.

In reality, life doesn’t work like that, and we would probably get bored if it did. There is likely no one thing, experience, or activity that will keep you feeling passionate and engaged all the time. What’s important is staying connected to what you love and continuing to grow in the process.

Here, we’ll talk about how to get started doing what you love and achieving more in life through the motivation it brings. Doing this doesn’t have to take a long time; it just takes determination and energy.

Most People Already Know Their Passion

So many people walk around in life “looking for” their passion. They look for it as if true passion is some mysterious thing that is difficult to find and runs away once you find it. However, the problem is rarely lack of passion.

Most of us already know what we love to do. We know what excites us, even if we haven’t done it for years. Instead, we focus on what we think we “must” do.

For example, maybe you love building model cars or painting pet portraits. Yet, each day you work a completely unrelated job and make no time for the activity you already know you love. The truth is you probably don’t need to find your passion; you just need to start doing what you already know you’re passionate about[1].

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No Activity Is Exciting All the Time

Even people who are living their dream lifestyle or working their dream job don’t love it all the time. Every job or lifestyle has parts of it that we won’t like.

Let’s say your dream is to become an actress, and you succeed. You may not enjoy the process of auditioning and facing rejection. You may experience moments of boredom when you practice your lines over and over again. But the overall experience is totally worth it.

Most of life is like that. Don’t set yourself up for disappointment by demanding that life be perfect all the time. If things were perfect and easy, you would ultimately stop learning and growing, and life would begin to lack even more meaning in that case.

Be grateful for both the good and bad moments as they are both entirely necessary if you genuinely want to do what you love and love what you do.

Doing What You Love May Not Be Easy

Living a life you love is unlikely to be easy. If it was, you would not grow very much as a person. And, if you think about a great book or movie, the growth of the main character is what matters most.

What if the challenges you meet along your path to living a life you love were designed to make you grow as a person? You may actually start looking forward to challenges instead of dreading them. An easy life hardly ever makes a compelling story.

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If you struggle to overcome challenges, try writing them down each time you encounter one. Then, write down three ways you could tackle it. Try one, and if it doesn’t work, try another. This way, you’ll learn what does and doesn’t work for you.

How to Do What You Love

There are many small steps you can take to ensure you are making time to do the things you love. Start with these, and you’ll likely find that you’re already on the right track.

1. Choose Your Priorities Wisely

Many people claim they want to do something, yet they don’t do it. The truth is they might not really want to do it in the first place[2].

We all end up following through on what matters most to us. We make decisions moment by moment about what we need to focus on. What we choose to do is what we deem most important in our lives.

If there is something you claim you want to do but you don’t do it, try asking yourself how much you really want it or where it’s currently placed on priority list. Are there other things you want more?

Be honest with yourself: what you currently do each day is a reflection of your priorities. Recognize that you can change your priorities at any time.

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Make a list of your priorities. Really take the time to think this through. Then, ask yourself if what you are doing each day reflects them. For example, if you believe your top priority is spending more time with your family, but you consistently take on extra hours at work, you’re not really prioritizing things in the way you think you are.

If this is happening, it’s time to make a change.

2. Do One Small Thing Each Day

As stated above, doing what you love doesn’t have to mean finding that perfect job that makes you want to jump out of bed in the morning. If you want to do what you love, start with one small thing each day.

Maybe you love reading a good book. Take ten minutes before bed to read.

Maybe you love swimming. Get a membership at the local YMCA, and go there for thirty minutes after work each day.

Dedicating even a short amount of time to something that brings you joy each day will improve your life overall. You may find that, over time, a career path related to what you love to do pops up. After doing the thing you love each day, you’ll be more than prepared to take it on when the opportunity arises.

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If you need help making time for your passions, check out this article to get started.

3. Prepare to Make Sacrifices

If you are an exceptionally busy person (aren’t we all?), you may have to make sacrifices in order to make space for the things you are passionate about. Maybe you take on less extra hours at the office or take thirty minutes away from another hobby in order to develop another that you enjoy.

Looking at your priority list will help you decide what can get put on the back burner and what can’t. Remember, do this thinking about what will help you feel good about how you’re spending your time. 

For example, if you love writing but rarely make time for it, consider getting up 30 minutes earlier than normal. Or instead of browsing your phone for 30 minutes before bed, you can write instead. There is always a way to find time for what you love.

Final Thoughts

If you love what you do, each day becomes a joyful adventure. If you don’t love what you are doing, life feels like a chore. The best way to achieve success is to design a life you love and live it every day.

Remember, doing something you love doesn’t have to include big gestures or time-consuming projects. Start small and grow from there.

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Featured photo credit: William Recinos via unsplash.com

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