- The Class of 2024 faces a unique landscape in entry-level hiring, marked by increased competition and shifting career priorities. A new iCIMS report reveals their cautious optimism and strategic approach to securing post-graduation success.
- Market Dynamics: Job openings are up 5% from January 2023, yet competition remains fierce, with a 13% increase in applicants per opening for entry-level roles.
- Career Strategies: Gen Z candidates are diversifying their job applications, prioritizing stability, growth opportunities, and purpose over traditional perks.
- Salary Expectations: Expectations for first-job salaries average around $63,000, reflecting a slight decline compared to previous graduating classes.
- Career Preferences: STEM fields are seeing increased interest, while traditional roles like sales are experiencing a decline in entry-level applications.
- Application Preferences: Transparent job descriptions with salary information and streamlined application processes are crucial for attracting Gen Z talent.
- AI Integration: Gen Z is embracing AI tools for interview preparation and resume crafting, signaling a readiness for technology in the hiring process.
- Employers must adapt to meet the Class of 2024’s expectations by emphasizing stability, career growth, and a seamless application experience. Understanding these trends is essential for building trust and engagement with the next generation of talent.
