Hiring Trends Give STEM Grads a Break
“With the 2nd quarter of 2013 coming to a close, more employers previously awaiting the perfect job applicant are considering recent college graduates to fill open positions,” notes Pam Fountain-Wilks, President of local recruiting firm, Mosaic Personnel. Indeed, more graduates are entering the workforce, and at a higher pay rate than in 2012.
This trend coincides with an upswing in temporary hiring. In 2013, 16 percent of the workforce at the average large company is temporary—up from just 11 percent in 2005.
Contract openings for STEM professionals are also on the rise. A projection by Staffing Industry Analysts expects that in 2013, temporary hiring for IT will reach 116% of its former record high, and for Engineering it will reach 111%. However, Finance & Accounting positions are expected to reach just 89% of their former record high.
One study finds that nearly 75% of STEM graduates will find work using their degree, while only 55% of graduates overall use their degrees in their current jobs.
When seeking applicants for permanent roles, employers often cite lack of professionalism as a major drawback to hiring recent grads. In fact, one third of college graduates with 4-year degrees admitted they felt unprepared for the professional workplace.
The uptrend in temporary hiring gives graduates the opportunity to gain real world experience, and eases employers’ concerns about professionalism. Contract positions also give STEM graduates a higher rate of pay, and can relieve employers of certain benefits obligations.
Founded in 1998, Mosaic Personnel keeps businesses thriving with the best candidates for successful companies; it’s what we do. We serve the commercial and government sectors by recruiting the best contract, contract-to-hire and direct hire professionals in IT, Engineering, Accounting, HR and Administration.
# # #
If you’d like more information about the Oklahoma job market, or to schedule an interview with Pam Fountain-Wilks, please contact Michelle Hubble at 405-858-8800, ext. 112, or by email at firstname.lastname@example.org.