Tap Into the Soon-to-Be College Graduates Pool
Recent graduates are an excellent resource for finance hiring. It’s a mutually beneficial situation — they need a job, and plenty of entry-level positions in the finance industry exist. By intercepting them just before they graduate, they have a job secured right after finishing school.
This tactic saves you time finding candidates during your finance department recruitment process. It also enables you to spend less on a quality candidate and train them to your company’s standards right out the gate, which is a win-win scenario.
One way to tap into this resource is by implementing a graduate recruitment strategy within your organization. Finance companies are known to be among the largest employers of entry-level candidates. Having a graduate recruitment strategy in place will streamline the recruiting process and also retain them.
Studies show that 25% of fresh graduates quit their first job before the one-year anniversary mark. One of the factors that cause this is a need for more skill or confidence in retaining the position. Another is misaligned job expectations. Setting clear job expectations in your graduate recruitment strategy and providing adequate training to prepare them for career advancement will significantly help retain fresh graduates so you don’t have to go through the entire recruitment process again.
