A study has found that 2024 graduates can expect a vibrant job market. Whether you or someone you know is graduating from high school or college in a few months, there is some good news on the employment front. More employers plan to recruit entry-level professionals, with most positions in the financial industry.
The Bureau of Labor Statistics in the United States reports that there are currently 8.9 million job vacancies, so graduates need to be prepared for their first job. In addition, Dora Onyschak, a regional director, mentioned that a study by the consulting firm Robert Half found that 65% of employers plan to hire entry-level professionals.
Common Positions
Entry-level positions or positions most common for recent graduates are primarily in finance. These positions include financial reporting accountants, business or financial analysts, auditors, marketing coordinators, junior legal assistants, staff accountants, human resources assistants, and service desk support professionals.
Why Companies Plan to Recruit Entry-Level Professionals?
Onyschak explained, “For companies, the competition in the recruitment market is intense, so hiring an entry-level professional can bring many benefits to a business. Many recent college graduates are tech-savvy and possess the latest technical skills that can not only help companies innovate and grow but also help them think about how to use their skills in different ways.”
Furthermore, graduates can bring new energy and vitality to the team, offering unique perspectives to future employers.
Onyschak added that if companies invest properly in recent graduates, not only can they benefit the long-term development of the company, but the graduates themselves can also secure good positions.
Interview Tips
Onyschak provided some important interview tips that are not only suitable for entry-level professionals but for everyone.
First, do your research. Investigate the company and understand its basics. You don’t need to be an expert on the company, but you should know some key facts. This will set you apart from other candidates.
Prepare interview questions. Every company wants interviewees to be curious, not only interested in the position but also in the company. You don’t need to prepare 10 questions, but having 2 to 4 questions is a good guideline.
Showcase soft skills. Communication, interpersonal skills, and smiling during the interview are key. If someone makes a joke, feel free to laugh. It’s okay.
Be prepared to respond to tough questions. Be ready to answer direct questions, such as salary expectations. Practice mock interviews with friends, mentors, or professionals.
Common Mistakes of Entry-Level Professionals
Onyschak mentioned that underestimating oneself is the biggest mistake made by entry-level professionals.
She advised that it is crucial to research the salary or hourly rate in your field of expertise. As a newcomer to the market, compare your salary level with those more experienced. Understand the salary range, as salaries are not set in stone, and be aware of that.
Onyschak stated that negotiating pay is the most challenging aspect for everyone, whether you are a newcomer or experienced. However, receiving fair compensation is essential. Additionally, consider other benefits. Does the company offer long-term development? Are there advancement opportunities, tenure, chances for acquiring new skills, or benefits you can utilize elsewhere?
Onyschak emphasized that cultural fit is also crucial. During the interview, ask questions that are important to you. Understand the interviewers’ personalities, just as they want to understand yours, and see if you can envision yourself working there and fitting into the team.
Using Artificial Intelligence to Write Resumes and Cover Letters
There have been numerous news reports about artificial intelligence (AI), with concerns about its impact on job recruitment. However, AI also has its advantages, especially in resume writing.
Onyschak encouraged entry-level professionals to use AI to assist in writing resumes and cover letters. However, she noted that while AI is a useful tool, it is not a substitute for a personal touch.
AI can help in composing resumes and emails. But it cannot replace human input. The key is to go back and edit the content provided by AI to make your resume look more personalized and sound more like yourself. Also, ensure that the content is authentic and credible.