In May of this year, 45 percent of people who graduated college in 2020 still haven’t found a job. As millions of people go back to work after their unemployment runs out, there are still millions of positions to be filled. While some entrepreneurs may be hesitant to hire newly graduated students, there are actually many benefits to employing someone who is a blank slate when it comes to the professional world. Below are seven ways that hiring recent college graduates will facilitate the success of your start-up.
Table of Contents
They Likely Have Clean Employment & Education Histories
While some recent college graduates might embellish details on their resume, a benefit of hiring them is that their education and employment history are usually quite clear. Of course you should run an employee background check to determine if they are being honest about their history, but when you hire college graduates you usually know who you are getting.
They Might Be Okay with Lower Salaries with Room to Grow
Another way that hiring college graduates will help the success of your business is that they require lower salaries because they have less opportunities. Since they don’t have work experience and desperately need some, many qualified and hard-working graduates will start at your company for a lower cost than other more experienced workers. College graduates will be content with a smaller salary because they haven’t had one before.
They Can Be Trained From the Ground Up
Arguably one of the biggest reasons to hire college graduates is that you can train them in exactly the way you want them to work. When you hire experienced workers they come with their training, which can be both good and bad. Sometimes you need to break bad habits. With newly graduated employees, you can train them to your specifications—molding the perfect employee who can grow with the company.
They Happier With Room for Growth
Then since you are likely hiring recent graduates for an entry-level position, there is a lot of room for them to grow. You should make it clear to job candidates about the path to thrive with the company. When you show college graduates that they can move up in the start-up, you will cultivate an environment of loyalty and hard work. Being clear about the path to success will motivate the recent graduate even more.
They’re Motivated to Get Ahead
Of course most college graduates don’t know where their life will end up. They are uncertain about the future and their path forward. That’s also why they are so motivated to work hard. Newly graduated workers aren’t worn out the way people are after a decade or more of working the same job. College graduates want to follow their dreams, but the reasonable ones know that they have to start somewhere. That’s why providing room for growth boosts the motivation of the recent graduate further.
They Have a Youthful Perspective
Furthermore, recent graduates have a perspective older people don’t have. They are more in tune with the youth, its culture, the internet, trends, and more. If your startup is on the cutting-edge, you need people with a youthful perspective. It’s imperative to cover that ground if you want to be successful with young people or to reach a growing audience. As they say, the kids are the future and if you don’t acknowledge that you will be without this important perspective that can help the start-up expand.
They Can Help You Cultivate a Loyal Team
When you hire people straight out of college, train them to your preferences, provide ways for them to get ahead, and motivate them to grow with the business, you will cultivate a loyal and hard-working team. When these employees are content with their jobs, they will refer other high-quality people to work for your company. By paying attention to the details and creating a trustworthy, fair, and lucrative work culture, your team will thrive and your business will succeed with it.
Times are uncertain. The economy is fluctuating. People need jobs and yet there are positions needed to be filled. If you have a start-up that needs to grow to succeed, think about hiring recent college graduates. You just might be surprised by how much they can become a valued part of your business. Think about the benefits and go from there. You won’t regret investing in someone who can grow with the company into the future.
