Spotlight for Career Services Professionals
Spotlight for Recruiting Professionals
Does salary matter to graduates from the college Class of 2021? No … and yes, according to results of NACE’s 2021 Student Survey.
A high starting salary was cited as the eighth most important attribute of a job by graduating seniors—far behind the opportunity to develop specific skills and job security and even trailing other forms of compensation, such as insurance/benefits packages. (See Figure 1.)
However, when it came to considering one job offer over another, more than 21% of responding seniors cited a high starting salary as the tie breaker, making it the most important factor that students take into account when making this decision. Job security trailed, with just 11% of respondents citing it as the key factor in deciding which job offer to accept.
Data for the 2021 Student Survey Reporton were collected from February 17, 2021, through May 14, 2021. In all, 15,351 bachelor’s degree students responded from 165 NACE-member four-year colleges and universities. Of these, 2,339 were Class of 2021 graduating seniors. Participating members can access the 2021 Student Survey Report at MyNACE > Research Reports; nonparticipating members can access an executive summary at www.naceweb.org/studentsurvey.
Figure 1: Percent of respondents indicating job attribute as either very or extremely important
| Job Attribute | |
|---|---|
| Opportunity to develop skills specific to the job | |
| Percent Rating Attribute Very or Extremely Important | 87.0% |
| Job security | |
| Percent Rating Attribute Very or Extremely Important | 86.4% |
| Opportunity to develop applied skills (e.g., communication) | |
| Percent Rating Attribute Very or Extremely Important | 84.9% |
| Friendly co-workers | |
| Percent Rating Attribute Very or Extremely Important | 84.3% |
| Good insurance/benefits package | |
| Percent Rating Attribute Very or Extremely Important | 76.8% |
| Organization helps me improve my community/country/world | |
| Percent Rating Attribute Very or Extremely Important | 75.2% |
| Organization embraces diversity | |
| Percent Rating Attribute Very or Extremely Important | 71.8% |
| High starting salary | |
| Percent Rating Attribute Very or Extremely Important | 70.2% |
| Clear agenda of corporate social responsibility | |
| Percent Rating Attribute Very or Extremely Important | 68.4% |
| Organization offers opportunity for self-expression & creativity | |
| Percent Rating Attribute Very or Extremely Important | 63.4% |
| Job Attribute | Percent Rating Attribute Very or Extremely Important |
|---|---|
| Opportunity to develop skills specific to the job | 87.0% |
| Job security | 86.4% |
| Opportunity to develop applied skills (e.g., communication) | 84.9% |
| Friendly co-workers | 84.3% |
| Good insurance/benefits package | 76.8% |
| Organization helps me improve my community/country/world | 75.2% |
| Organization embraces diversity | 71.8% |
| High starting salary | 70.2% |
| Clear agenda of corporate social responsibility | 68.4% |
| Organization offers opportunity for self-expression & creativity | 63.4% |
