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☆ Just 1 in 4 college seniors plan to negotiate their first salary—It ‘should always be on the table,' says career expert
  + stars: | 2023-09-11 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com   time to read: +1 min
The class of 2024 longs for both job and financial security — and those priorities may be at odds when they negotiate the pay for their first jobs out of college. Some 3 in 4 college seniors graduating next year say they're unsure whether they plan to negotiate their starting pay, that it will depend on the offer, or they're outright not planning to have the discussion, according to Handshake's latest survey of 1,148 students in the class of 2024. Students say their main reason for not negotiating is they're worried an employer may rescind their offer if they do, followed by concerns that doing so will leave a bad impression. The remaining 1 in 4 students say they "definitely" plan to negotiate. But the fear of negotiating is "at odds" with many students' need for financial security, Williams adds.
Persons: Monne Williams, Williams
☆ Entry-level jobs offering student loan repayment have doubled since 2019—where to find them
  + stars: | 2023-09-05 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com   time to read: +2 min
Many student loan borrowers will resume making payments on their debt this fall, and some may get an extra boost from their employer. The share of entry-level jobs that mention student loan repayment programs has more than doubled since 2019, according to data from Handshake, the career platform for college students and recent grads. As of June, 3% of jobs on Handshake include a student debt repayment benefit, compared with 1.2% of job listings mentioning such benefits in June 2019. "Graduates in the health-care and medical field are known for carrying notable amounts of student loan debt," Williams tells CNBC Make It. "When paired with a high demand for frontline health-care workers and practitioners, these factors make student loan repayment options a competitive benefit."
Persons: Monne Williams, Williams, they're Organizations: Employers, CNBC, Research
☆ 70% of college seniors with student debt say looming repayments will impact their career plans
  + stars: | 2023-08-29 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com   time to read: +2 min
Many of today's college undergrads have gone through school knowing student loan payments were on pause indefinitely and the prospect of widespread cancelation was closer to becoming reality than ever. Just over half of next year's college graduates expect to carry student loan debt, and within that group, almost 70% say their debt will influence the jobs they consider after graduation, according to Handshake's latest report that surveyed 1,148 students in the class of 2024. A remaining 17% of students said their college debt would not impact their career choices after school, and 14% said they are neutral on the matter. As a result, many students say finding a job with a high salary and with a company that offers attractive benefits, like student loan repayment benefits, are all "top of mind," Williams tells CNBC Make It. Young workers with debt also want flexibility in where and when they work, though many say it goes beyond the matter of preference.
Persons: cancelation, Handshake's, Monne Williams, Williams, they've Organizations: CNBC
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