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Business Planning for College Students and First-Time Entrepreneurs
More and more students, both in undergraduate and graduate institutions, are deciding to launch their own ventures upon graduation rather than taking the traditional route of working for another firm. Likewise, more and more individuals are leaving...
College Poker
Here's a typical day in the midst of my college poker career.
The alarm clock would ring about 3 times before I actually got
up. I would debate whether to attend my 10:30 class or sleep in
some more and get the notes from a fellow classmate....
Editing Your College Essays
Your college essay is complete. You've poured your heart and
soul into it ... but it's too long by 100 words, and could use a
bit of polishing before it goes out into the world. It's time to
change from being an author to being a copy editor, and...
Retire Directly From College !!
Copyright 2002
(c) Dave Hertner,
All rights Reserved.
Permission is granted to electronically reprint the following article, in your publication, e-book or web site, as long as there are no changes made to the copyright info and the resource...
Take Advantage of the Exploding Popularity in Distance Learning Colleges to Advance Your Career
Distance learning colleges are popping up all over the world. One of the most well-known, University of Phoenix, started in 1976 with 8 students. Currently, its academic enrollment numbers more than 200,000 students located all over the world,...
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Compensation Resources, Inc. Releases Its 2003-2004 College Graduate Salary Survey
Upper Saddle River, N.J. - May 2004 - Compensation Resources, Inc. has released the results of its 2003-2004 College Graduate Salary Survey. The purpose of this study was to obtain compensation data and information on recruiting and hiring trends for recent and new college graduates. The survey sampled compensation data from 71 organizations, including 1,253 jobs.
The results do not indicate any startling or unexpected results, and for the most part, they are consistent with other studies covering broader employee compensation trends. Among the most significant findings was that total cash compensation, which consists of salary and bonus/incentives, increased by a respectable 6.1%, even though salaries only increased by a modest 0.8%. This is consistent with the trend of increased use of variable pay elements by many organizations. Variable pay allows companies to offer competitive pay with upside potential, while controlling fixed overhead for payroll costs, and to some degree, lessening the impact of higher salaries on benefit costs (i.e., vacation and time off benefits, retirement, some insurances, etc.). Some additional highlights:
- Findings for 2004 indicate that the financial services industry is the top paying industry for recent college graduates ($60,900).
- Companies are currently utilizing a wide variety
of methods to recruit recent college graduates. The three most equally popular methods are College Career Centers, Employee and Business Associate Referrals, and Internet Job Boards.
- The majority of responding companies have turnover rates of recent college graduates of 15% or less.
Compensation Resources, Inc. (CRI) provides compensation and human resource consulting to start-up, emerging, and middle market companies. CRI specializes in Executive Compensation, Board Advisory Services, Salary Administration, Performance Management, Salary Administration, Sales Compensation, and Expert Witness services.
For more information on our consulting services, please contact us at (201) 934-0505 or visit our website at www.compensationresources.com.
About The Author
Paul R. Dorf, Ph.D., APD
Compensation Resources, Inc. provides compensation and human resource consulting to mid-size and Fortune 500 clients as well as public, private, family-owned and emerging companies. CRI specializes in Executive Compensation, Salary Administration, Performance Management, Sales Compensation, and expert witness services. Our reference library boasts over 4,800 surveys.
ats@compensationresources.com
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