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Retaining	
  University	
  Talent	
  in	
  St.	
  Louis	
  
Olin	
  Business	
  School,	
  Washington	
  University	
  in	
  St.	
  Louis	
  
2015	
  Fall:	
  Prac@cum	
  
Team Leads:
Jamie Stroble (MBA ’16)
Esther Koh (BSBA ’16)
Members:
Lizzie Griesedieck (MBA ‘16)
Ryan Tao (MSCA ’16)
Nick Cooley (BS ’16)
Nancy Chen (BSCS, MSCA ‘16)
2
Agenda	
  
I.	
  	
   Introduc@on	
   3	
  
II.	
   Survey	
  Overview	
   5	
  
III.	
  	
   Research	
  Findings	
   6	
  
IV.	
   Recommenda@on	
   9	
  
V.	
   Students’	
  Awareness	
  &	
  Considera@on	
  of	
  St.	
  Louis	
  Employers	
   10	
  
VI.	
   Strategies	
  For	
  Boos@ng	
  Awareness	
  &	
  Considera@on	
   16	
  
VII.	
   Case	
  Studies	
   21	
  
VIII.	
   Partnerships	
  &	
  Next	
  Steps	
   23	
  
IX.	
   Appendix	
   26	
  
Objec;ve:	
  ATract	
  and	
  retain	
  
talent	
  in	
  St.	
  Louis	
  
3
Introduc;on	
  
Objec;ve:	
  ATract	
  and	
  retain	
  top	
  
university	
  talent	
  in	
  St.	
  Louis	
  
Objec;ve:	
  Help	
  local	
  employers	
  beTer	
  
engage	
  top	
  university	
  talent	
  in	
  St.	
  Louis	
  
4
Introduc;on	
  
Why	
  focus	
  on	
  top	
  local	
  students?	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
1	
  “The	
  New	
  Geography	
  of	
  Jobs,”	
  Enrico	
  MoreM	
  
2	
  US	
  Census	
  Bureau	
  
Why	
  focus	
  on	
  jobs?	
  
§  “Jobs”	
  was	
  the	
  #1	
  reason	
  (49%	
  of	
  respondents)	
  cited	
  by	
  students	
  	
  we	
  surveyed	
  for	
  
wan@ng	
  to	
  leave	
  St.	
  Louis.	
  “Culture”	
  was	
  the	
  second	
  biggest	
  considera@on	
  at	
  13%.	
  
1	
  
2	
  
3	
   As	
  people	
  age	
  they	
  become	
  less	
  likely	
  to	
  move:	
  
§  In	
  2012,	
  ages	
  18	
  –	
  34	
  	
  represented	
  24%	
  of	
  the	
  overall	
  popula@on,	
  but	
  44%	
  of	
  
the	
  movers.	
  A	
  35	
  year-­‐old	
  is	
  almost	
  half	
  as	
  likely	
  to	
  move	
  as	
  a	
  25	
  year-­‐old.	
  2	
  
Local	
  connec;on:	
  Retaining	
  is	
  easier	
  than	
  aTrac@ng.	
  	
  
Top	
  students	
  tend	
  to	
  enter	
  the	
  tech	
  &	
  innova@on	
  sectors.	
  These	
  sectors	
  have	
  a	
  
dispropor@onate	
  influence	
  on	
  the	
  local	
  economy:	
  
§  ”Most	
  sectors	
  have	
  a	
  mul0plier	
  effect,	
  but	
  the	
  innova0on	
  sector	
  has	
  the	
  
largest	
  mul0plier	
  of	
  all:	
  about	
  3x	
  larger	
  than	
  that	
  of	
  manufacturing.”1	
  
5
Survey 1:
Initial Survey
Survey 2:
St. Louis Perception
Survey 3:
Compare Cities
79 respondents
206 respondents
198 respondents
Iden@fy	
  the	
  important	
  
aTributes	
  of	
  a	
  city	
  
How	
  do	
  students	
  perceive	
  
St.	
  Louis?	
  
How	
  does	
  St.	
  Louis	
  compare	
  
to	
  compe@ng	
  ci@es?	
  
Survey	
  Overview	
  
76%	
  
17%	
  
6%	
   2%	
  
WashU	
  
SLU	
  
UMSL	
  
Other	
  
Respondents	
  by	
  university	
   Respondents	
  by	
  degree	
  program	
  
23%	
  
21%	
  
20%	
  
18%	
  
6%	
  
12%	
   BA	
  
BS	
  
MBA	
  
BSBA	
  
MS	
  
Other	
  
Research	
  Findings	
  
6
St.	
  Louis	
  students	
  in	
  our	
  survey…	
  
Prefer	
  to	
  work	
  at	
  medium-­‐to-­‐large	
  companies.	
  
Prefer	
  small	
  companies:	
  11%	
  
Prefer	
  medium	
  companies:	
  30%	
  
Prefer	
  large	
  companies:	
  36%	
  
2	
  
Overwhelmingly	
  choose	
  ci@es	
  post-­‐gradua@on	
  
based	
  on	
  career	
  considera;ons.	
  
Reasons	
  cited	
  for	
  wan;ng	
  to	
  leave:	
  
#1:	
  Jobs	
  à	
  49%	
  
#2:	
  Culture	
  à	
  13%	
  
1	
  
Are	
  less	
  likely	
  to	
  stay	
  in	
  St.	
  Louis	
  if	
  they’re	
  
interested	
  in	
  working	
  at	
  a	
  large	
  company.	
  
Willingness	
  to	
  stay	
  in	
  St.	
  Louis:	
  
If	
  interested	
  in	
  small	
  company	
  à	
  45%	
  
If	
  interested	
  in	
  large	
  company	
  à	
  26%	
  
3	
  
Expect	
  to	
  job	
  hop,	
  and	
  worry	
  whether	
  St.	
  Louis	
  
can	
  support	
  their	
  long-­‐term	
  career	
  ambi@ons.	
  
	
  
91%	
  of	
  millenials	
  an@cipate	
  staying	
  at	
  
their	
  job	
  for	
  less	
  than	
  3	
  years.1	
  
4	
  
Have	
  limited	
  awareness	
  of	
  and	
  willingness	
  to	
  
work	
  for	
  the	
  largest	
  local	
  companies.	
  
Students	
  aware	
  of	
  Centene:	
  42%	
  
Students	
  aware	
  of	
  Graybar:	
  17%	
  
Students	
  aware	
  of	
  RGA:	
  16%	
  
5	
  
1	
  Bureau	
  of	
  Labor	
  Sta;s;cs	
  
Research	
  Findings	
  
7
St.	
  Louis	
  students	
  in	
  our	
  survey…	
  
Prefer	
  to	
  work	
  at	
  medium-­‐to-­‐large	
  companies.	
  
Prefer	
  small	
  companies:	
  11%	
  
Prefer	
  medium	
  companies:	
  30%	
  
Prefer	
  large	
  companies:	
  36%	
  
2	
  
Overwhelmingly	
  choose	
  ci@es	
  post-­‐gradua@on	
  
based	
  on	
  career	
  considera;ons.	
  
Reasons	
  cited	
  for	
  wan;ng	
  to	
  leave:	
  
#1:	
  Jobs	
  à	
  49%	
  
#2:	
  Culture	
  à	
  13%	
  
1	
  
Are	
  less	
  likely	
  to	
  stay	
  in	
  St.	
  Louis	
  if	
  they’re	
  
interested	
  in	
  working	
  at	
  a	
  large	
  company.	
  
Willingness	
  to	
  stay	
  in	
  St.	
  Louis:	
  
If	
  interested	
  in	
  small	
  company	
  à	
  45%	
  
If	
  interested	
  in	
  large	
  company	
  à	
  26%	
  
3	
  
Expect	
  to	
  job	
  hop,	
  and	
  worry	
  whether	
  St.	
  Louis	
  
can	
  support	
  their	
  long-­‐term	
  career	
  ambi@ons.	
  
	
  
91%	
  of	
  millenials	
  an@cipate	
  staying	
  at	
  
their	
  job	
  for	
  less	
  than	
  3	
  years.1	
  
4	
  
Have	
  limited	
  awareness	
  of	
  and	
  willingness	
  to	
  
work	
  for	
  the	
  largest	
  local	
  companies.	
  
Students	
  aware	
  of	
  Centene:	
  42%	
  
Students	
  aware	
  of	
  Graybar:	
  17%	
  
Students	
  aware	
  of	
  RGA:	
  16%	
  
5	
  
1	
  Bureau	
  of	
  Labor	
  Sta;s;cs	
  
Building	
  brands	
  of	
  individual	
  
companies	
  will	
  help	
  build	
  brand	
  of	
  city	
  
Large	
  companies	
  have	
  biggest	
  role	
  to	
  
play	
  in	
  keeping	
  students	
  in	
  St.	
  Louis	
  
Start-­‐ups	
  do	
  the	
  best	
  job	
  of	
  boos;ng	
  
students’	
  willingness	
  to	
  stay	
  	
  
Civic	
  groups	
  like	
  RBC,	
  Civic	
  Progress	
  and	
  
Regional	
  Chamber	
  should	
  promote	
  
ecosystem	
  of	
  companies	
  
Large	
  companies	
  in	
  par;cular	
  need	
  to	
  
change	
  the	
  way	
  they	
  engage	
  students	
  
Lessons	
  From	
  Start-­‐ups	
  
8
§  Con@nued	
  investment	
  in	
  local	
  entrepreneurs	
  will	
  allow	
  St.	
  Louis	
  to	
  
grow	
  its	
  next	
  genera@on	
  of	
  large	
  companies	
  &	
  has	
  proven	
  successful	
  
§  Startups	
  have	
  the	
  right	
  messaging,	
  high	
  touch	
  recrui@ng	
  tac@cs,	
  on-­‐
campus	
  engagement	
  and	
  work	
  environment	
  that	
  students	
  want	
  
	
  
	
  
§  What	
  about	
  the	
  89%	
  of	
  students	
  not	
  inclined	
  toward	
  small	
  companies?	
  
§  What	
  role	
  do	
  St.	
  Louis’s	
  largest	
  companies	
  need	
  to	
  play?	
  
	
  
Recommenda;on	
  
Large	
  companies	
  must	
  lead	
  the	
  ini@a@ves	
  to	
  retain	
  
students	
  in	
  St.	
  Louis.	
  	
  
If	
  large	
  companies	
  marketed	
  and	
  recruited	
  on-­‐
campus	
  with	
  high	
  touch	
  tac@cs	
  they	
  would	
  increase	
  
student	
  considera@on	
  and	
  beTer	
  retain	
  top	
  talent.	
  
9
10
As	
  part	
  of	
  the	
  St.	
  Louis	
  Percep@on	
  survey,	
  university	
  students	
  were	
  given	
  the	
  following	
  list	
  
of	
  local	
  employers	
  and	
  asked:	
  “Select	
  each	
  company	
  that	
  you	
  have	
  heard	
  of.”	
  
A	
  condi@onal	
  follow-­‐up	
  ques@on	
  was	
  then	
  asked,	
  presen@ng	
  students	
  with	
  a	
  list	
  of	
  the	
  
companies	
  they	
  had	
  selected:	
  ”Of	
  the	
  companies	
  with	
  which	
  you	
  are	
  familiar,	
  please	
  
select	
  the	
  ones	
  you	
  would	
  consider	
  seeking	
  employment	
  from	
  in	
  the	
  future.”	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
•  Ameren	
   •  Edward	
  Jones	
   •  Nestle	
  Purina	
  Petcare	
  Co.	
  
•  Anheuser-­‐Busch/InBev	
   •  Emerson	
   •  Peabody	
  Energy	
  
•  Apex	
  Oil	
  Company	
   •  Energizer	
  Holdings	
   •  Reinsurance	
  Group	
  of	
  America	
  
•  Ascension	
   •  Enterprise	
  Holdings	
   •  S;fel	
  
•  BJC	
  Healthcare	
   •  Equifax	
   •  Sigma-­‐Aldrich	
  
•  Boeing	
  Company	
   •  Express	
  Scripts	
   •  Scofrade	
  
•  Bryan	
  Cave	
  LLP	
   •  Fabick	
  CAT	
   •  SSM	
  
•  Build-­‐A-­‐Bear	
  Workshops	
   •  Fleishman	
  Hillard	
   •  Thompson	
  Coburn	
  LLP	
  
•  Caleres	
  Shoes	
  (Brown	
  Shoe)	
   •  Graybar	
  Electric	
  Co.	
   •  T-­‐REx*	
  
•  Centene	
   •  Mallinckrodt	
   •  Wells	
  Fargo	
  Advisors	
  
•  ConAgra	
  Foods	
   •  Moneta	
  Group	
   •  World	
  Wide	
  Technology	
  
•  Cortex	
  Innova;on	
  Community*	
   •  Monsanto	
  
*	
  Cortex	
  &	
  T-­‐REx	
  aren’t	
  tradi;onal	
  employers,	
  but	
  were	
  used	
  as	
  a	
  proxy	
  for	
  startup	
  companies	
  in	
  St.	
  Louis	
  
Students’	
  Awareness	
  &	
  Considera;on	
  of	
  St.	
  Louis	
  Employers	
  
Boeing	
  
BJC	
  
Anheuser-­‐Busch	
  
Cortex	
  
S@fel	
  
SSM	
  
T-­‐REX	
  
Sigma-­‐Aldrich	
  
Monsanto	
  
Nestle	
  Purina	
  
Thompson	
  Coburn	
  
World	
  Wide	
  Technology	
  
Wells	
  Fargo	
  
Express	
  Scripts	
  
Emerson	
  
Fleishman	
  Hillard	
  
Edward	
  Jones	
  
ScoTrade	
  
ConAgra	
  
Centene	
  
Ascension	
  
Energizer	
  
Apex	
  Oil	
  
Build-­‐A-­‐Bear	
  
Graybar	
  
Ameren	
  
Bryan	
  Cave	
  
Enterprise	
  Holdings	
  
Caleres	
  	
  
(Brown	
  Shoe)	
  
Peabody	
  
Mallinckrodt	
  
Fabick	
  CAT	
  
Equifax	
  
Moneta	
  Group	
  
Reinsurance	
  Group	
  	
  
of	
  America	
  
0%	
  
10%	
  
20%	
  
30%	
  
40%	
  
50%	
  
60%	
  
70%	
  
80%	
  
90%	
  
100%	
  
0%	
   10%	
   20%	
   30%	
   40%	
   50%	
   60%	
  
Awareness	
  
Willingness	
  to	
  Work	
  
Students’	
  Awareness	
  &	
  Considera;on	
  of	
  STL	
  Employers	
  
11
Boeing	
  
Anheuser-­‐Busch	
  
Cortex	
  
S@fel	
  
T-­‐REX	
  World	
  Wide	
  
Technology	
  
Express	
  Scripts	
  
Emerson	
  
Graybar	
  
Enterprise	
  
Reinsurance	
  	
  
Group	
  of	
  America	
  
0%	
  
10%	
  
20%	
  
30%	
  
40%	
  
50%	
  
60%	
  
70%	
  
80%	
  
90%	
  
100%	
  
0%	
   10%	
   20%	
   30%	
   40%	
   50%	
   60%	
  
“Gold	
  Standard”	
  
Students	
  think	
  these	
  are	
  
clear	
  paths	
  to	
  career	
  success	
  
“Diamonds	
  in	
  the	
  Rough”	
  
Need	
  polishing	
  for	
  students	
  
to	
  consider	
  employment	
  
“Gems”	
  
Students	
  who	
  
find	
  them	
  love	
  them	
  
“Unmined	
  Poten;al”	
  
No	
  student	
  awareness	
  
or	
  engagement	
  
Awareness	
  
Willingness	
  to	
  Work	
   12
Students’	
  Awareness	
  &	
  Considera;on	
  of	
  STL	
  Employers	
  
Wells	
  Fargo	
  
Edward	
  Jones	
  
Scofrade	
  
0%	
  
10%	
  
20%	
  
30%	
  
40%	
  
50%	
  
60%	
  
70%	
  
80%	
  
90%	
  
100%	
  
0%	
   10%	
   20%	
   30%	
   40%	
   50%	
   60%	
  
Finance	
  Gap	
  
Awareness	
  
Willingness	
  to	
  Work	
   13
Despite	
  St.	
  Louis’s	
  strong	
  brokerage	
  presence,	
  
students	
  interested	
  in	
  finance	
  are	
  among	
  the	
  
least	
  willing	
  to	
  stay	
  in	
  St.	
  Louis	
  aner	
  gradua@on:	
  
Student	
  industry	
  interest	
   %	
  planning	
  on	
  staying	
  in	
  St.	
  Louis	
  
1.	
  Technology	
   35.1%	
  
2.	
  Professional	
  services	
   34.3%	
  
3.	
  Healthcare,	
  Pharma,	
  Biotech	
   31.0%	
  
9.	
  Finance	
   23.5%	
  
Boeing	
  
Anheuser-­‐Busch	
  
Cortex	
  
S@fel	
  
T-­‐REx	
  World	
  Wide	
  
Technology	
  
Wells	
  Fargo	
  
Express	
  Scripts	
  
Emerson	
  
Edward	
  Jones	
  
ScoTrade	
  
Graybar	
  
Enterprise	
  
Reinsurance	
  	
  
Group	
  of	
  America	
  
0%	
  
10%	
  
20%	
  
30%	
  
40%	
  
50%	
  
60%	
  
70%	
  
80%	
  
90%	
  
100%	
  
0%	
   10%	
   20%	
   30%	
   40%	
   50%	
   60%	
  
Increasing	
  willingness	
  to	
  
work	
  at	
  these	
  core	
  
companies	
  should	
  be	
  
highest	
  priority	
  
“Gold	
  Standard”	
  
“Diamonds	
  in	
  
the	
  Rough”	
  
Awareness	
  
Willingness	
  to	
  Work	
   14
Students’	
  Awareness	
  &	
  Considera;on	
  of	
  STL	
  Employers	
  
Boeing	
  
Anheuser-­‐Busch	
  
Cortex	
  
S@fel	
  
T-­‐REx	
  World	
  Wide	
  
Technology	
  
Wells	
  Fargo	
  
Express	
  Scripts	
  
Emerson	
  
Edward	
  Jones	
  
ScoTrade	
  
Centene	
  
Graybar	
  
Enterprise	
  
Caleres	
  	
  
(Brown	
  Shoe)	
  
Reinsurance	
  	
  
Group	
  of	
  America	
  
0%	
  
10%	
  
20%	
  
30%	
  
40%	
  
50%	
  
60%	
  
70%	
  
80%	
  
90%	
  
100%	
  
0%	
   10%	
   20%	
   30%	
   40%	
   50%	
   60%	
  
“Gold	
  Standard”	
  
“Diamonds	
  in	
  
the	
  Rough”	
  
Awareness	
  
Willingness	
  to	
  Work	
  
Low	
  awareness	
  
of	
  largest	
  
companies	
  	
  
in	
  St.	
  Louis	
  
perpetuates	
  
second	
  class	
  
city	
  mentality	
  
15
Students’	
  Awareness	
  &	
  Considera;on	
  of	
  STL	
  Employers	
  
Boeing	
  
Anheuser-­‐Busch	
  
Cortex	
  
S@fel	
  
T-­‐REx	
  World	
  Wide	
  
Technology	
  
Express	
  Scripts	
  
Emerson	
  
Graybar	
  
Enterprise	
  
Reinsurance	
  	
  
Group	
  of	
  America	
  
0%	
  
10%	
  
20%	
  
30%	
  
40%	
  
50%	
  
60%	
  
70%	
  
80%	
  
90%	
  
100%	
  
0%	
   10%	
   20%	
   30%	
   40%	
   50%	
   60%	
  
Awareness	
  
“Low	
  Touch”	
  Strategies	
  Boost	
  Awareness	
  
•  Adver@se	
  on-­‐campus	
  (student	
  newspapers,	
  flyers)	
  
•  Facebook	
  ads,	
  social	
  media	
  presence	
  	
  
•  Signage	
  on	
  campus	
  	
  
•  Promo@ons	
  offered	
  on	
  campus	
  
•  Tradi@onal	
  recrui@ng	
  (career	
  fairs,	
  etc.)	
  
•  Messaging	
  
“High	
  Touch”	
  Strategies	
  Boost	
  Considera;on	
  
•  Company	
  leaders	
  speak	
  or	
  aTend	
  events	
  on	
  campus	
  
•  Companies	
  hire	
  interns	
  /	
  part-­‐@me	
  work	
  during	
  the	
  year	
  
•  Crea@ve	
  partnerships	
  on	
  campus	
  (CEL,	
  Skandalaris)	
  
•  Student	
  club	
  involvement	
  or	
  sponsorship	
  
•  Locate	
  satellite	
  offices	
  in	
  innova@on	
  centers	
  
Willingness	
  to	
  Work	
  
16
•  Pos@ng	
  is	
  very	
  long	
  (excerpted	
  here);	
  emphasizes	
  pleasant	
  
culture	
  and	
  ease	
  of	
  candidate	
  placement	
  (“needs-­‐based”)	
  
•  Tone	
  is	
  friendly,	
  op@mis@c:	
  	
  
•  “Values”	
  
•  “Most	
  Respected	
  Companies”	
  
•  “Rela@onship-­‐Driven”	
  
•  “Dedicated”	
  
•  “Understanding”	
  
•  Offers	
  candidate	
  the	
  opportunity	
  to	
  gain	
  experience	
  
17
Messaging	
  Case	
  Studies	
  
•  Pos@ng	
  is	
  short	
  and	
  direct,	
  with	
  uncompromising	
  
requirements	
  sec@on	
  
•  Tone	
  is	
  compe@@ve,	
  challenging,	
  innova@ve:	
  	
  
•  “Cusng	
  edge”	
  
•  “Culture	
  of	
  constant	
  measurement”	
  
•  “Aggressive”	
  
•  “Sophis@cated”	
  
•  “Analyze	
  and	
  develop	
  business	
  strategies”	
  
•  Requires	
  candidate	
  to	
  have	
  prior	
  experience	
  
18
•  Pos@ng	
  is	
  short	
  and	
  direct,	
  with	
  uncompromising	
  
requirements	
  sec@on	
  
•  Tone	
  is	
  compe@@ve,	
  challenging,	
  innova@ve:	
  	
  
•  “Cusng	
  edge”	
  
•  “Culture	
  of	
  constant	
  measurement”	
  
•  “Aggressive”	
  
•  “Sophis@cated”	
  
•  “Analyze	
  and	
  develop	
  business	
  strategies”	
  
•  Requires	
  candidate	
  to	
  have	
  prior	
  experience	
  
	
  
Words	
  that	
  Signal	
  a	
  Millennial-­‐Friendly	
  Culture:	
  
	
  
Entrepreneurial	
  Ÿ	
  Crea;ve	
  Ÿ	
  Innova;ve	
  Ÿ	
  Leadership	
  Ÿ	
  
Social	
  Responsibility	
  Ÿ	
  Diversity	
  Ÿ	
  Fast-­‐Paced	
  Ÿ	
  Work-­‐Life	
  
Balance	
  Ÿ	
  Analy;cal	
  Ÿ	
  Rigorous	
  Ÿ	
  Ambi;ous	
  Ÿ	
  Global	
  or	
  
Interna;onal	
  Ÿ	
  Learning	
  Ÿ	
  Flexible	
  Ÿ	
  Independent	
  Ÿ	
  
Collabora;ve	
  Ÿ	
  Fast-­‐Track	
  Ÿ	
  Mentorship	
  Ÿ	
  Teamwork	
  	
  	
  	
  
	
  
	
  
19
20
Case	
  Studies	
  
“#1	
  thing	
  millennials	
  look	
  for	
  in	
  an	
  employer:	
  People	
  &	
  Culture	
  Fit”	
  -­‐HBR	
  
Video	
  (commercial):	
  “At	
  S@fel	
  We	
  Encourage	
  an	
  Entrepreneurial	
  Spirit”	
  
21
Case	
  Studies	
  High	
  Touch	
  Strategies	
  
§  DeloiTe	
  Consul@ng	
  
Na@onal	
  Case	
  Compe@@on	
  
§  “Cheap	
  Lunch”	
  Par@cipant	
  
§  NextGen	
  Leaders	
  Program	
  
&	
  Conference	
  
§  Alterna@ve	
  Spring	
  Break	
  
§  One-­‐on-­‐One	
  Recrui@ng	
  
Process	
  
§  Case	
  compe@@on:	
  Boeing	
  
Patent	
  Challenge	
  
§  “Cheap	
  Lunch”	
  Par@cipant	
  
§  Sponsor	
  /	
  Par@cipant	
  
Regional	
  Business	
  
Council’s	
  “Young	
  
Professionals	
  Network”	
  
§  Satellite	
  office	
  “Ventures”	
  
in	
  Cortex	
  Innova@on	
  
District	
  
Ø  Most	
  desired	
  company	
  
included	
  in	
  St.	
  Louis	
  
Percep;on	
  survey	
  
Ø  In	
  2014	
  alone,	
  Epic	
  hired	
  over	
  50	
  
WashU	
  students.	
  	
  
§  Constructed	
  1,000	
  acre	
  campus	
  
with	
  12+	
  office	
  buildings;	
  
“themed	
  spaces”	
  
§  Required	
  interview	
  in	
  Madison,	
  
WI	
  where	
  “Cost	
  of	
  living”	
  
calculator	
  is	
  presented.	
  
§  CEO:	
  “We	
  are	
  compe@ng	
  for	
  
talent	
  with	
  Apple,	
  Microson,	
  and	
  
Facebook.	
  We	
  need	
  to	
  give	
  these	
  
people	
  a	
  reason	
  to	
  come	
  to	
  
Wisconsin.”	
  
§  Alumni	
  involvement	
  
“#1	
  thing	
  millennials	
  look	
  for	
  in	
  an	
  employer:	
  People	
  &	
  Culture	
  Fit”	
  -­‐HBR	
  
22
Case	
  Studies	
  High	
  Touch	
  Strategies	
  
§  DeloiTe	
  Consul@ng	
  
Na@onal	
  Case	
  Compe@@on	
  
§  “Cheap	
  Lunch”	
  Par@cipant	
  
§  NextGen	
  Leaders	
  Program	
  
&	
  Conference	
  
§  Alterna@ve	
  Spring	
  Break	
  
§  One-­‐on-­‐One	
  Recrui@ng	
  
Process	
  
§  Case	
  compe@@on:	
  Boeing	
  
Patent	
  Challenge	
  
§  “Cheap	
  Lunch”	
  Par@cipant	
  
§  Sponsor	
  /	
  Par@cipant	
  
Regional	
  Business	
  
Council’s	
  “Young	
  
Professionals	
  Network”	
  
§  Satellite	
  office	
  “Ventures”	
  
in	
  Cortex	
  Innova@on	
  
District	
  
§  Most	
  desired	
  company	
  at	
  
WashU	
  according	
  to	
  our	
  
surveys	
  
Ø  In	
  2014	
  alone,	
  Epic	
  hired	
  over	
  50	
  
WashU	
  students.	
  	
  
§  Constructed	
  1,000	
  acre	
  campus	
  
with	
  12+	
  office	
  buildings;	
  
“themed	
  spaces”	
  
§  Required	
  interview	
  in	
  Madison,	
  
WI	
  where	
  “Cost	
  of	
  living”	
  
calculator	
  is	
  presented.	
  
§  CEO:	
  “We	
  are	
  compe@ng	
  for	
  
talent	
  with	
  Apple,	
  Microson,	
  and	
  
Facebook.	
  We	
  need	
  to	
  give	
  these	
  
people	
  a	
  reason	
  to	
  come	
  to	
  
Wisconsin.”	
  
§  Alumni	
  involvement	
  
“#1	
  thing	
  millennials	
  look	
  for	
  in	
  an	
  employer:	
  People	
  &	
  Culture	
  Fit”	
  -­‐HBR	
  
10%	
   30%	
   50%	
   70%	
   90%	
  
Use	
  their	
  Product	
  
News	
  
Social	
  Media	
  
On	
  Campus	
  
Job	
  Board	
  
Friends	
  
How	
  Millennials	
  Hear	
  About	
  Companies1	
  
1“How	
  Companies	
  Can	
  Afract	
  the	
  Best	
  College	
  Talent,”	
  Harvard	
  Business	
  Review	
  
23
Future	
  Areas	
  of	
  Research:	
  
§  Company	
  percep@on	
  of	
  and	
  need	
  for	
  top	
  university	
  
talent;	
  determining	
  employment	
  capacity	
  
§  Student	
  percep@on	
  mapping	
  for	
  local	
  small-­‐	
  to	
  mid-­‐
cap	
  companies	
  
§  Exis@ng	
  models	
  for	
  corporate	
  /	
  start-­‐up	
  partnerships	
  
§  Industry-­‐specific	
  talent	
  reten@on	
  programs	
  
§  Career	
  advancement	
  tracks	
  in	
  St.	
  Louis	
  as	
  perceived	
  
by	
  students	
  
Partnerships	
  &	
  Next	
  Steps	
  
24
Please	
  help	
  ensure	
  that	
  St.	
  Louis	
  con@nues	
  to	
  aTract	
  &	
  retain	
  top	
  talent	
  
by	
  sharing	
  this	
  presenta@on	
  with	
  the	
  CEOs	
  and	
  heads	
  of	
  Human	
  
Resources	
  at	
  the	
  following	
  35	
  companies	
  covered	
  in	
  our	
  research:	
  
	
  
	
  
	
  
	
  
	
  
	
  
•  Ameren	
   •  Edward	
  Jones	
   •  Nestle	
  Purina	
  Petcare	
  Co.	
  
•  Anheuser-­‐Busch/InBev	
   •  Emerson	
   •  Peabody	
  Energy	
  
•  Apex	
  Oil	
  Company	
   •  Energizer	
  Holdings	
   •  Reinsurance	
  Group	
  of	
  America	
  
•  Ascension	
   •  Enterprise	
  Holdings	
   •  S;fel	
  
•  BJC	
  Healthcare	
   •  Equifax	
   •  Sigma-­‐Aldrich	
  
•  Boeing	
  Company	
   •  Express	
  Scripts	
   •  Scofrade	
  
•  Bryan	
  Cave	
  LLP	
   •  Fabick	
  CAT	
   •  SSM	
  
•  Build-­‐A-­‐Bear	
  Workshops	
   •  Fleishman	
  Hillard	
   •  Thompson	
  Coburn	
  LLP	
  
•  Caleres	
  Shoes	
  (Brown	
  Shoe)	
   •  Graybar	
  Electric	
  Co.	
   •  T-­‐REx	
  
•  Centene	
   •  Mallinckrodt	
   •  Wells	
  Fargo	
  Advisors	
  
•  ConAgra	
  Foods	
   •  Moneta	
  Group	
   •  World	
  Wide	
  Technology	
  
•  Cortex	
  Innova;on	
  Community	
   •  Monsanto	
  
Partnerships	
  &	
  Next	
  Steps	
  
For	
  ques;ons	
  related	
  to	
  the	
  
project	
  please	
  contact:	
  
	
  
	
  
	
  
	
  
	
  
25
Jamie	
  Stroble:	
  jstroble@wustl.edu	
  
Esther	
  Koh:	
  estherkoh@wustl.edu	
  
Partnerships	
  &	
  Next	
  Steps	
  
Appendix	
  
	
  
	
  
26
Appendix	
  A.1	
  Background	
  
Why	
  the	
  focus	
  on	
  millennials	
  	
  and	
  students?	
  
27
Source:	
  The	
  Atlan@c’s	
  CityLab	
  
-­‐50	
  
0	
  
50	
  
100	
  
150	
  
200	
  
0-­‐4	
   5-­‐9	
   10-­‐14	
   15-­‐19	
   20-­‐24	
   25-­‐29	
   30-­‐34	
   35-­‐39	
  
Net	
  Migra@on	
  Rate	
  (Per	
  100	
  Individuals)	
  
Age	
  
Net	
  Migra@on	
  Rate	
  During	
  2000s	
  Comparison	
  
San	
  Francisco	
   Kansas	
  City	
   St.	
  Louis	
   New	
  York	
  City	
  
Key	
  Points:	
  	
  
•  People	
  are	
  most	
  mobile	
  from	
  ages	
  20-­‐29.	
  
•  St.	
  Louis	
  compares	
  favorably	
  to	
  similar	
  sized	
  ci@es,	
  i.e.,	
  Kansas	
  City,	
  but	
  does	
  not	
  fare	
  well	
  
against	
  larger	
  ci@es	
  
•  Sharp	
  fall	
  in	
  migra@on	
  from	
  25-­‐29à	
  30-­‐34.	
  If	
  people	
  can	
  be	
  aTracted	
  early	
  they	
  will	
  be	
  more	
  
likely	
  to	
  stay	
  in	
  St.	
  Louis	
  
Appendix	
  A.2	
  Background	
  
28
29
0	
   0.05	
   0.1	
   0.15	
   0.2	
   0.25	
  
St.	
  Louis	
  
New	
  York	
  
Chicago	
  
Madison	
  
2012	
   2013	
   2014	
  
Top	
  Recrui;ng	
  Des;na;ons	
  for	
  WashU	
  Undergraduates	
  
Appendix	
  A.3	
  Background	
  
St.	
  Louis-­‐based	
  Fortune	
  500	
  Companies	
  (2015)	
  
Company	
   Revenue	
   2015	
  Rank	
   2014	
  Rank	
  
Express	
  Scripts	
  Holdings	
   $100.89	
  billion	
   22	
   20	
  
Emerson	
  Electric	
   $24.54	
  billion	
   120	
   121	
  
Centene	
   $16.56	
  billion	
   186	
   251	
  
Monsanto	
   $15.86	
  billion	
   197	
   197	
  
Reinsurance	
  Group	
  of	
  America	
   $10.9	
  billion	
   273	
   274	
  
Peabody	
  Energy	
   $6.79	
  billion	
   398	
   365	
  
Edward	
  Jones	
  (Jones	
  Financial)	
   $6.33	
  billion	
   426	
   444	
  
Ameren	
  Corp.	
   $6.05	
  billion	
   438	
   379	
  
Graybar	
  Electric	
   $5.98	
  billion	
   445	
   449	
  
Source:	
  St.	
  Louis	
  Business	
  Journal1	
  &	
  Fortune	
  
30
Appendix	
  A.4	
  Background	
  
St.	
  Louis’s	
  Top	
  Privately-­‐Held	
  Companies	
  (2014)	
  
Company	
   Revenue	
  (2013)	
  
1	
   Enterprise	
  Holdings	
   $16.4	
  billion	
  (+6.5%)	
  
2	
   World	
  Wide	
  Technology	
   $6.4	
  billion	
  (+26.9%)	
  
3	
   Edward	
  Jones	
   $5.66	
  billion	
  (+15.5%)	
  
4	
   Graybar	
   $5.66	
  billion	
  (+4.5%)	
  
5	
   Apex	
  Oil	
   $5	
  billion	
  (es@mate)	
  
6	
   Center	
  Oil	
  Co.	
   $4.1	
  billion	
  (-­‐2.6%)	
  
7	
   McCarthy	
  Holdings	
  Inc.	
   $3.23	
  billion	
  (7.7%)	
  
8	
   Piasa	
  Enterprises	
  Inc.	
   $2.9	
  billion	
  (-­‐19.4%)	
  
9	
   Prairie	
  Farms	
  Dairy	
  Inc.	
   $2.78	
  billion	
  (+4.5%)	
  
10	
   Schnuck	
  Markets	
  Inc.	
   $2.6	
  billion	
  (+4%)	
  
Source:	
  St.	
  Louis	
  Business	
  Journal1	
  
31
Appendix	
  A.5	
  Background	
  
32
Company	
  
1	
   Google	
   40.28%	
  
2	
   Apple	
   23.14%	
  
3	
   Facebook	
   14.96%	
  
4	
   Microson	
   12.24%	
  
5	
   Amazon	
   11.36%	
  
6	
   eBay	
   8.50%	
  
7	
   LinkedIn	
   6.09%	
  
8	
   Yahoo!	
   5.90%	
  
9	
   Goldman	
  Sachs	
   5.66%	
  
10	
   IBM	
   5.19%	
  
11	
   Intel	
   4.94%	
  
12	
   Cisco	
   4.44%	
  
13	
   McKinsey	
  &	
  Co.	
   4.20%	
  
14	
   TwiTer	
   4.18%	
  
15	
   JP	
  Morgan	
   3.49%	
  
16	
   DeloiTe	
   3.27%	
  
17	
   Qualcomm	
   3.23%	
  
Company	
  
18	
   Salesforce	
   2.99%	
  
19	
   Morgan	
  Stanley	
   2.81%	
  
20	
   Disney	
   2.46%	
  
21	
   Nike	
   2.16%	
  
22	
   Accenture	
   2.16%	
  
23	
   Palan@r	
  Technologies	
   2.14%	
  
24	
   Bain	
  &	
  Co.	
   2.13%	
  
25	
   Boeing	
   2.10%	
  
26	
   Groupon	
   2.07%	
  
27	
   Tesla	
  Motors	
   1.92%	
  
28	
   NBC	
  Universal	
   1.92%	
  
29	
   Samsung	
  Electronics	
   1.84%	
  
30	
   HP	
   1.80%	
  
31	
   BCG	
   1.66%	
  
32	
   Dell	
   1.59%	
  
33	
   General	
  Electric	
   1.55%	
  
34	
   Ne{lix	
   1.43%	
  
Company	
  
35	
   ESPN	
   1.32%	
  
36	
   PWC	
   1.32%	
  
37	
   Dropbox	
   1.21%	
  
38	
   Verizon	
   1.21%	
  
39	
   Proctor	
  &	
  Gamble	
   1.18%	
  
40	
   Genentech	
   1.17%	
  
41	
   Credit	
  Suisse	
   1.14%	
  
42	
   Schlumberger	
   1.12%	
  
43	
   Lockheed	
  Mar@n	
   1.11%	
  
44	
   Texas	
  Instruments	
   1.08%	
  
45	
   Sony	
   1.05%	
  
46	
   Ernst	
  &	
  Young	
   1.04%	
  
47	
   Bank	
  of	
  America	
   1.03%	
  
48	
   Citrix	
   1.00%	
  
49	
   Space	
  X	
   0.97%	
  
50	
   BofA	
  Merril	
  Lynch	
   0.92%	
  
Source:	
  “How	
  Companies	
  Can	
  Afract	
  the	
  Best	
  College	
  
Talent,”	
  Harvard	
  Business	
  Review	
  
Top	
  50	
  Companies	
  Young	
  People	
  Want	
  to	
  Work	
  For	
  
Appendix	
  A.6	
  Background	
  
33
What	
  Millennials	
  Look	
  for	
  in	
  Employers	
  
0%	
   20%	
   40%	
   60%	
   80%	
  
Alumni	
  &	
  Friends	
  
Target	
  Audience	
  
Market	
  Leadership	
  
New	
  Graduate	
  Program	
  
Innova@on	
  
Company	
  Mission	
  
Challenging	
  Environment	
  
Compensa@on	
  
Work/Life	
  Balance	
  
Career	
  Poten@al	
  
People	
  and	
  Culture	
  Fit	
  
10%	
   30%	
   50%	
   70%	
   90%	
  
Use	
  their	
  Product	
  
News	
  
Social	
  Media	
  
On	
  Campus	
  
Job	
  Board	
  
Friends	
  
How	
  Millennials	
  Hear	
  About	
  Companies	
  
Source:	
  “How	
  Companies	
  Can	
  Afract	
  the	
  Best	
  College	
  Talent,”	
  Harvard	
  Business	
  Review	
  
Appendix	
  A.7	
  Background	
  
Survey Methodology: STL Perception
The survey aims to comprehend and quantify students’ views on
select aspects of St. Louis. The survey population includes
undergraduate and graduate students at Washington University,
UMSL and SLU. The survey was distributed both on and off line
(in-person on electronic devices) at various sites throughout
Washington University campus as well as UMSL and SLU.
	
  
	
   Respondents	
  University	
  Affilia@on	
  	
  
WUSTL	
   U	
  of	
  Missorui-­‐St.Louis	
   St.	
  Louis	
  University	
   Other	
  
Mean(Age)	
  	
  =	
  22.09	
  
Mean(Working	
  Experience)	
  	
  =	
  2.36	
  	
  
	
  
	
  Industries	
  of	
  Interest	
  
Energy,	
  Materias,	
  or	
  Industrials	
  
Healthcare	
  
Automo@ve	
  or	
  Aerospace	
  
Finance	
  
Technology	
  
Media	
  
Retail	
  
Consumer	
  Staples	
  
Professional	
  Services	
  
Nonprofit	
  
34
Appendix	
  B.1	
  Surveys	
  –	
  St.	
  Louis	
  Percep;on	
  
Survey Questions: STL Perception
Q1: Please select each company that you have heard of
Q2: Of the companies with which you are familiar, please select the ones you would consider seeking employment
from in the future.
Q3: Why to stay or leave St. Louis
Q4: Where do you like to spend your free time? (This includes eating out, shopping, socializing, exercising, etc.)
Q5: Where do you like to spend your free time? (This includes eating out, shopping, socializing, exercising, etc.)
Q6: Which of these do you use often (once a week) to find out about things to do in St. Louis?
Q7: In your opinion, how easy would it be for you to make a positive impact on the St. Louis community?
Q8: What type of organizations are you currently involved with that contribute to the St. Louis community?
Q9: What type of organizations are you currently involved with that contribute to the St. Louis community?
Q10: What type of organizations are you currently involved with that contribute to the St. Louis community?
Q11: What school or university do you attend?
Q12: What is your major or program focus?
Q13: What year are you in school? (If you're an alum, put "alum.")
Q14: How old are you?
Q15: What is your hometown zip code? (May differ from your current zip code.)
Q16: Have you ever spent time in St. Louis for non-academic reasons? (Examples: internship, part-time work,
full-time work, volunteering, research)
Q17: Primary industry of interest
Q18: What size company would you prefer to work for?
35
Appendix	
  B.2	
  Surveys	
  –	
  St.	
  Louis	
  Percep;on	
  
Ameren	
  
Anheuser-­‐Busch	
  
&	
  Boeing	
  
Apex	
  Oil	
  
Ascension	
  
BJC	
  
Bryan	
  Cave	
  
Build-­‐A-­‐Bear	
  
Caleres	
  (Brown	
  Shoe)	
  
Centene	
  
ConAgra	
  
Cortex	
  
Edward	
  Jones	
  
Emerson	
  
Energizer	
  
Enterprise	
  
Equifax	
  
Express	
  Scripts	
  
Fabick	
  CAT	
  
Fleishman	
  Hillard	
  
Graybar	
  
Mallinckrodt	
  
Moneta	
  
Monsanto	
  
Nestle	
  Purina	
  
Peabody	
  
Reinsurance	
  Group	
  	
  
of	
  America	
  
S@fel	
  
Sigma-­‐Aldrich	
  
ScoTrade	
  
SSM	
  
Thompson	
  Coburn	
  
T-­‐REX	
  
Wells	
  Fargo	
  
World	
  Wide	
  Technology	
  
0%	
  
10%	
  
20%	
  
30%	
  
40%	
  
50%	
  
60%	
  
70%	
  
80%	
  
90%	
  
100%	
  
0%	
   10%	
   20%	
   30%	
   40%	
   50%	
   60%	
   70%	
  
Awareness	
  
Willingness	
  to	
  work	
  
36
Students’	
  Awareness	
  &	
  Considera;on	
  of	
  STL	
  Employers	
  (Just	
  MBAs	
  &	
  BSBAs;	
  n	
  =	
  79)	
  
37
	
  	
  
Delmar	
  	
  
Loop	
  
The	
  Grove	
  
Laclede's	
  
Landing	
  
Downtown	
   CWE	
   Clayton	
  
Forest	
  	
  
Park	
  
Cherokee	
  
Street	
  
Maplewood	
  
LafayeTe	
  
Square	
  
Soulard	
  
Grand	
  
Center	
  
Brentwood	
  
Daily	
  or	
  	
  
weekly	
  
41%	
   6%	
   4%	
   11%	
   37%	
   33%	
   37%	
   4%	
   5%	
   5%	
   10%	
   20%	
   27%	
  
Monthly	
  or	
  
rarely	
  
57%	
   80%	
   67%	
   89%	
   61%	
   62%	
   62%	
   62%	
   62%	
   59%	
   78%	
   62%	
   66%	
  
Never	
  heard	
  	
  
of	
  it	
  
2%	
   14%	
   29%	
   0%	
   2%	
   5%	
   1%	
   34%	
   33%	
   36%	
   11%	
   19%	
   8%	
  
	
  	
  
Delmar	
  	
  
Loop	
  
The	
  	
  
Grove	
  
Laclede's	
  
Landing	
  
Downtown	
   CWE	
   Clayton	
  
Forest	
  	
  
Park	
  
Dogtown	
  
The	
  	
  
Hill	
  
Cherokee	
  
Street	
  
Maplewood	
  
LafayeTe	
  
Square	
  
Soulard	
  
South	
  	
  
Grand	
  
Grand	
  
Center	
  
Brentwood	
  
Daily	
   26	
   2	
   1	
   4	
   16	
   11	
   18	
   0	
   0	
   1	
   0	
   1	
   1	
   1	
   23	
   3	
  
Weekly	
   54	
   9	
   6	
   17	
   57	
   52	
   55	
   5	
   6	
   6	
   10	
   7	
   18	
   15	
   15	
   48	
  
Monthly	
   72	
   50	
   25	
   87	
   82	
   60	
   85	
   17	
   32	
   19	
   24	
   19	
   45	
   37	
   38	
   65	
  
Rarely	
   39	
   104	
   103	
   84	
   38	
   61	
   34	
   84	
   132	
   100	
   95	
   94	
   106	
   95	
   80	
   62	
  
Never	
  heard	
  of	
  it	
   4	
   27	
   54	
   0	
   3	
   10	
   1	
   85	
   22	
   66	
   63	
   69	
   22	
   43	
   36	
   16	
  
Totals:	
   195	
   192	
   189	
   192	
   196	
   194	
   193	
   191	
   192	
   192	
   192	
   190	
   192	
   191	
   192	
   194	
  
Students were asked, “Where do you like to spend your free time? (This includes eating out, shopping,
socializing, exercising, etc.)” They were given 16 neighborhoods or locations in St. Louis (shown below in
the top rows) and asked to either selected “daily,” “weekly,” “monthly,” “rarely,” or “never heard of it.”
The first table includes raw data in # of votes; the next table is consolidated into high engagement, low
engagement, and not aware. A few instances are highlighted of the most successful neighborhoods and
neighborhoods lagging behind in either engagement or awareness:
	
  
Appendix	
  B.3	
  Surveys	
  –	
  St.	
  Louis	
  Percep;on	
  
38
Delmar	
  Loop	
  
The	
  Grove	
  
Laclede's	
  Landing	
  
Downtown	
  	
  
St.Louis	
  
Central	
  West	
  End	
  
Clayton	
  
Forest	
  Park	
  
Dogtown	
  
The	
  Hill	
  
Cherokee	
  Street	
  
Maplewood	
  
LafayeTe	
  Square	
  
Soulard	
  
South	
  Grand	
  
Grand	
  Center	
  
Brentwood	
  
40%	
  
50%	
  
60%	
  
70%	
  
80%	
  
90%	
  
100%	
  
1.00	
   1.50	
   2.00	
   2.50	
  
Awareness	
  
Level	
  of	
  Engagement	
  (1	
  –	
  4)*	
  
*Level	
  of	
  engagement	
  isn’t	
  linear,	
  but	
  is	
  reflected	
  as	
  linear	
  on	
  this	
  chart.	
  “1”	
  corresponds	
  to	
  ‘rarely,’	
  “2”	
  corresponds	
  to	
  ‘monthly,’	
  “3”	
  
corresponds	
  to	
  ‘weekly,’	
  and	
  “4”	
  corresponds	
  to	
  ‘daily.’	
  So	
  “1”	
  could	
  equal	
  one	
  visit	
  per	
  month,	
  and	
  “4”	
  could	
  equal	
  30	
  visits	
  a	
  month.	
  
Appendix	
  B.4	
  Surveys	
  –	
  St.	
  Louis	
  Percep;on	
  
39
Appendix	
  B.5	
  Surveys	
  –	
  St.	
  Louis	
  Percep;on	
  
How	
  does	
  the	
  size	
  of	
  the	
  company	
  a	
  
person	
  is	
  interested	
  in	
  working	
  for	
  affect	
  
their	
  willingness	
  to	
  stay	
  in	
  St.	
  Louis?	
  
Small	
  
(1	
  -­‐	
  50	
  
employees)	
  
11%	
  
Medium	
  	
  
(51	
  -­‐	
  250	
  
employees)	
  
30%	
  Large	
  
(250+	
  
employees)	
  
36%	
  
No	
  
preference	
  
23%	
  
What	
  size	
  company	
  do	
  	
  
students	
  prefer	
  to	
  work	
  for?	
  
	
  
No,	
  I	
  don’t	
  plan	
  
on	
  staying	
  
Yes,	
  I	
  plan	
  
on	
  staying	
  
Large	
  /	
  Corpora;on	
  (250+	
  employees)	
   73.1%	
   26.9%	
  
Medium	
  (50	
  -­‐	
  249	
  employees)	
   67.6%	
   31.5%	
  
Small	
  /	
  Start-­‐up	
  (1	
  -­‐	
  49	
  employees)	
   55.0%	
   45.0%	
  
No	
  preference	
   76.5%	
   18.5%	
  
How	
  does	
  a	
  student’s	
  exposure	
  to	
  non-­‐
academic	
  opportuni;es	
  affect	
  their	
  
willingness	
  to	
  stay	
  in	
  St.	
  Louis?	
  
How	
  does	
  age	
  affect	
  someone’s	
  
willingness	
  to	
  stay	
  in	
  St.	
  Louis?	
  	
  
40
Appendix	
  B.6	
  Surveys	
  –	
  St.	
  Louis	
  Percep;on	
  
	
  	
  
No,	
  I	
  don’t	
  plan	
  	
  
on	
  staying	
  
Yes,	
  I	
  plan	
  on	
  
staying	
  
No	
  	
  
Experience	
  
82.3%	
   17.7%	
  
Some	
  
Experience	
  
69.2%	
   29.5%	
  
	
  	
  
No,	
  I	
  don’t	
  plan	
  
on	
  staying	
  
Yes,	
  I	
  plan	
  on	
  
staying	
  
Below	
  23	
   77.5%	
   22.5%	
  
23+	
   58.6%	
   39.6%	
  
How	
  does	
  the	
  hometown	
  zip	
  code	
  
affects	
  people’s	
  willingness	
  to	
  stay?	
  	
  
Zip	
  Code	
   Absolute	
   %	
   "Yes"	
   "Yes"	
  %	
   "No"	
   "No"	
  %	
  
East	
   30	
   10%	
   5	
   17%	
   25	
   83%	
  
Southeast	
   12	
   4%	
   3	
   25%	
   9	
   75%	
  
Midwest	
   171	
   59%	
   61	
   36%	
   110	
   64%	
  
South	
   16	
   6%	
   2	
   13%	
   14	
   88%	
  
West	
   36	
   13%	
   5	
   14%	
   31	
   86%	
  
Southwest	
   4	
   1%	
   2	
   50%	
   2	
   50%	
  
Northwest	
   19	
   7%	
   3	
   16%	
   16	
   84%	
  
	
  	
   288	
   100%	
   81	
   28%	
   207	
   72%	
  
Zip	
  Code	
   Absolute	
   %	
   "Yes"	
   "Yes"	
  %	
   "No"	
   "No"	
  %	
  
MO	
   63	
   22%	
   35	
   56%	
   28	
   44%	
  
IL	
   55	
   19%	
   15	
   27%	
   40	
   73%	
  
	
  	
   	
  	
   	
  	
   	
  	
   	
  	
   	
  	
   	
  	
  
Midwest	
   171	
   59%	
   61	
   36%	
   110	
   64%	
  
Non-­‐Midwest	
   117	
   41%	
   20	
   17%	
   97	
   83%	
  
41
Appendix	
  B.7	
  Surveys	
  –	
  St.	
  Louis	
  Percep;on	
  
What	
  are	
  the	
  reasons	
  behind	
  people	
  choosing	
  to	
  stay	
  vs.	
  leave?	
  	
  
Write-­‐In	
  Survey	
  Responses:	
  Reasons	
  Students	
  Cited	
  to	
  Stay	
  and	
  Leave	
  
Reasons	
  Cited	
   Code	
   "Yes"	
   %	
   "No"	
   %	
  
Job	
   1	
   10	
   63%	
   23	
   49%	
  
Culture	
   2	
   2	
   13%	
   6	
   13%	
  
Family	
   3	
   2	
   13%	
   5	
   11%	
  
Loca@on	
  preference	
   4	
   1	
   6%	
   5	
   11%	
  
Con@nuing	
  educa@on	
   5	
   0	
   0%	
   3	
   6%	
  
Other	
   6	
   1	
   6%	
   5	
   11%	
  
	
  	
   	
  	
   16	
   100%	
   47	
   100%	
  
42
Appendix	
  B.8	
  Surveys	
  –	
  St.	
  Louis	
  Percep;on	
  
Do	
  par;cular	
  industries	
  of	
  interest	
  have	
  a	
  higher	
  willingness	
  to	
  stay	
  in	
  St.	
  Louis?	
  	
  	
  
	
  	
  
%	
  Planning	
  to	
  Stay	
  in	
  St.	
  Louis	
  
Aver	
  Gradua;on	
  
Technology	
   35.1%	
  
Professional	
  Services	
  (Doctor,	
  Lawyer,	
  Accountant,	
  etc.)	
   34.3%	
  
Healthcare,	
  Pharmaceu@cals,	
  Biotechnology	
   31.0%	
  
Media	
   29.4%	
  
Consumer	
  Staples	
  (food,	
  beverage,	
  household	
  products)	
   28.0%	
  
Retail	
   26.7%	
  
Other	
   25.0%	
  
Finance	
   23.5%	
  
Energy,	
  Materials,	
  or	
  Industrials	
   18.8%	
  
Non-­‐Profit	
   14.3%	
  
Uncertain	
   15.0%	
  
43
Appendix	
  B.9	
  Surveys	
  –	
  St.	
  Louis	
  Percep;on	
  
0%	
  
10%	
  
20%	
  
30%	
  
40%	
  
50%	
  
60%	
  
70%	
  
80%	
  
90%	
  
100%	
  
Where	
  students	
  get	
  their	
  informa;on	
  	
  
about	
  St.	
  Louis	
  events	
  
Appendix	
  B.10	
  Surveys	
  –	
  St.	
  Louis	
  Percep;on	
  
44
Survey Methodology: Comparable Cities
This survey was conducted using a simple random sample of
students in St. Louis (including students at Washington
University in St. Louis, St. Louis University, University of
Missouri-St. Louis). We decided to include New York, Chicago,
Minneapolis, San Francisco and Boston as points of
comparison because these are the cities graduates typically
relocate to after graduation according to Career Center of
Washington University in St. Louis as well as Western Career
Center of Olin Business School.
Respondents	
  University	
  Affilia@on	
  	
  
WUSTL	
   U	
  of	
  Missorui-­‐St.Louis	
  
St.	
  Louis	
  University	
   Other	
  
Academic	
  Program	
  
BA	
   BS	
   MBA	
   BSBA	
   MD	
   JD	
  
MS	
   MA	
   Other	
   PHD	
   MSW	
  
Mean(Age)	
  	
  =	
  22.58	
  
Mean(Year	
  in	
  School)	
  	
  =	
  1.95	
  
Mean(Working	
  Experience)	
  	
  =	
  2.22	
  
	
  
	
  
45
Appendix	
  C.1	
  Surveys	
  –	
  Comparable	
  Ci;es	
  
Survey Questions: Comparable Cities
Q1:	
  Please	
  rate	
  the	
  following	
  ci@es	
  in	
  terms	
  of	
  job	
  opportunity	
  
Q2:	
  Please	
  rate	
  the	
  following	
  ci@es	
  in	
  terms	
  of	
  Salary	
  	
  
Q3:	
  Please	
  rate	
  the	
  following	
  ci@es	
  in	
  terms	
  of	
  the	
  Sports	
  Scene	
  (sports	
  event	
  availability,	
  variety,	
  team	
  spirit,	
  etc.)	
  
Q4:	
  Where	
  do	
  you	
  like	
  to	
  spend	
  your	
  free	
  @me?	
  (Includes	
  ea@ng	
  out,	
  shopping,	
  socializing,	
  exercising,	
  etc.)	
  
Q5:	
  Please	
  rate	
  the	
  following	
  ci@es	
  in	
  terms	
  of	
  Safety	
  
Q6:	
  Please	
  rate	
  the	
  following	
  ci@es	
  in	
  terms	
  of	
  Ease	
  of	
  Transporta;on	
  Without	
  a	
  Car	
  
Q7:	
  Please	
  rate	
  the	
  following	
  ci@es	
  in	
  terms	
  of	
  Ease	
  of	
  Transporta;on	
  With	
  a	
  Car	
  
Q8:	
  Please	
  rate	
  the	
  following	
  ci@es	
  in	
  terms	
  of	
  the	
  Restaurants	
  and	
  Bar	
  Scene	
  
Q9:	
  Please	
  rate	
  the	
  following	
  ci@es	
  in	
  terms	
  of	
  Greenspace	
  (quality	
  and	
  quan@ty)	
  
Q10:	
  Please	
  rate	
  the	
  following	
  ci@es	
  in	
  terms	
  of	
  Ease	
  of	
  Transporta;on	
  With	
  a	
  Car	
  
Q11:	
  Please	
  rate	
  the	
  following	
  ci@es	
  in	
  terms	
  of	
  Arts/Culture/Entertainment	
  
Q12:	
  Please	
  rate	
  the	
  following	
  ci@es	
  in	
  terms	
  of	
  the	
  Diversity	
  of	
  its	
  inhabitants	
  
Q13:	
  Please	
  rate	
  the	
  following	
  ci@es	
  in	
  terms	
  of	
  Youthfulness	
  
Q14:	
  What	
  school	
  or	
  university	
  do	
  you	
  aTend?	
  
Q15:	
  What	
  is	
  your	
  academic	
  program?	
  (Choose	
  all	
  that	
  apply)	
  
Q16:	
  Why	
  or	
  why	
  not?	
  
Q17:	
  What	
  is	
  your	
  major	
  or	
  program	
  focus?	
  
Q18:	
  What	
  year	
  are	
  you	
  in	
  school?	
  (If	
  applicable,	
  for	
  the	
  academic	
  program	
  you	
  answered	
  with	
  above.)	
  
Q19:	
  What	
  is	
  your	
  age?	
  
	
  
	
  
	
  
	
  
	
  
	
  
46
Appendix	
  C.2	
  Surveys	
  –	
  Comparable	
  Ci;es	
  
Survey Questions: Comparable Cities
Q20: How	
  many	
  years	
  of	
  prior	
  work	
  experience	
  (excluding	
  internships)	
  do	
  you	
  have?	
  
Q21:	
  What	
  is	
  your	
  hometown	
  zip	
  code?	
  (May	
  differ	
  from	
  your	
  current	
  zip	
  code.)	
  
Q22:	
  Have	
  you	
  ever	
  spent	
  @me	
  in	
  St.	
  Louis	
  for	
  non-­‐academic	
  reasons?	
  (Examples:	
  internship,	
  part-­‐@me	
  work,	
  	
  
full-­‐@me	
  work,	
  volunteering,	
  research,	
  from	
  St.	
  Louis,	
  etc)	
  
Q23:	
  If	
  yes,	
  what	
  did	
  you	
  do?	
  Which	
  company	
  or	
  organiza@on?(if	
  applicable)?	
  
Q24:	
  Primary	
  industry	
  of	
  interest:	
  
What	
  size	
  company	
  would	
  you	
  prefer	
  to	
  work	
  for?	
  
Q25:	
  What	
  size	
  company	
  would	
  you	
  prefer	
  to	
  work	
  for?	
  
Q26:	
  Please	
  provide	
  your	
  email	
  address	
  if	
  you'd	
  like	
  the	
  chance	
  to	
  win	
  a	
  $50	
  Starbucks	
  gin	
  card.	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
47
Appendix	
  C.2	
  Surveys	
  –	
  Comparable	
  Ci;es	
  
Appendix	
  C.3	
  Surveys	
  –	
  Comparable	
  Ci;es	
  
48
Appendix	
  C.3	
  Surveys	
  –	
  Comparable	
  Ci;es	
  
49
Appendix	
  C.3	
  Surveys	
  –	
  Comparable	
  Ci;es	
  
50
51
Cost	
  of	
  	
  
living	
  
Ease	
  of	
  transport	
  
with	
  car	
  
Green	
  space	
  
Diversity	
  
Arts	
  &	
  entertainment	
  
Job	
  opportunity	
  
Ease	
  of	
  transport	
  w/o	
  car	
  
Restaurant/Bat	
  scene	
  
Safety	
  
Salary	
  
Youthfulness	
  
Sports	
  scene	
  
St.	
  Louis	
  
San	
  Francisco	
  
Boston	
  
Chicago	
  
New	
  York	
  City	
  
Kansas	
  City	
  
Minneapolis	
  
Appendix	
  C.4	
  Surveys	
  –	
  Comparable	
  Ci;es	
  
•  Pos@ng	
  is	
  short	
  and	
  direct,	
  with	
  rigorous	
  requirements	
  
•  Tone	
  is	
  compe@@ve,	
  challenging,	
  innova@ve:	
  	
  
•  “Entrepreneurial”	
  
•  “Growth	
  companies”	
  
•  “Analy@cal	
  rigor”	
  
•  “Manage”	
  and	
  “Supervise”	
  
•  Requires	
  candidate	
  to	
  have	
  prior	
  experience	
  &	
  right	
  “fit”	
  
52

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2015 Olin STL Talent Retention Presentation

  • 1. Retaining  University  Talent  in  St.  Louis   Olin  Business  School,  Washington  University  in  St.  Louis   2015  Fall:  Prac@cum   Team Leads: Jamie Stroble (MBA ’16) Esther Koh (BSBA ’16) Members: Lizzie Griesedieck (MBA ‘16) Ryan Tao (MSCA ’16) Nick Cooley (BS ’16) Nancy Chen (BSCS, MSCA ‘16)
  • 2. 2 Agenda   I.     Introduc@on   3   II.   Survey  Overview   5   III.     Research  Findings   6   IV.   Recommenda@on   9   V.   Students’  Awareness  &  Considera@on  of  St.  Louis  Employers   10   VI.   Strategies  For  Boos@ng  Awareness  &  Considera@on   16   VII.   Case  Studies   21   VIII.   Partnerships  &  Next  Steps   23   IX.   Appendix   26  
  • 3. Objec;ve:  ATract  and  retain   talent  in  St.  Louis   3 Introduc;on   Objec;ve:  ATract  and  retain  top   university  talent  in  St.  Louis   Objec;ve:  Help  local  employers  beTer   engage  top  university  talent  in  St.  Louis  
  • 4. 4 Introduc;on   Why  focus  on  top  local  students?                   1  “The  New  Geography  of  Jobs,”  Enrico  MoreM   2  US  Census  Bureau   Why  focus  on  jobs?   §  “Jobs”  was  the  #1  reason  (49%  of  respondents)  cited  by  students    we  surveyed  for   wan@ng  to  leave  St.  Louis.  “Culture”  was  the  second  biggest  considera@on  at  13%.   1   2   3   As  people  age  they  become  less  likely  to  move:   §  In  2012,  ages  18  –  34    represented  24%  of  the  overall  popula@on,  but  44%  of   the  movers.  A  35  year-­‐old  is  almost  half  as  likely  to  move  as  a  25  year-­‐old.  2   Local  connec;on:  Retaining  is  easier  than  aTrac@ng.     Top  students  tend  to  enter  the  tech  &  innova@on  sectors.  These  sectors  have  a   dispropor@onate  influence  on  the  local  economy:   §  ”Most  sectors  have  a  mul0plier  effect,  but  the  innova0on  sector  has  the   largest  mul0plier  of  all:  about  3x  larger  than  that  of  manufacturing.”1  
  • 5. 5 Survey 1: Initial Survey Survey 2: St. Louis Perception Survey 3: Compare Cities 79 respondents 206 respondents 198 respondents Iden@fy  the  important   aTributes  of  a  city   How  do  students  perceive   St.  Louis?   How  does  St.  Louis  compare   to  compe@ng  ci@es?   Survey  Overview   76%   17%   6%   2%   WashU   SLU   UMSL   Other   Respondents  by  university   Respondents  by  degree  program   23%   21%   20%   18%   6%   12%   BA   BS   MBA   BSBA   MS   Other  
  • 6. Research  Findings   6 St.  Louis  students  in  our  survey…   Prefer  to  work  at  medium-­‐to-­‐large  companies.   Prefer  small  companies:  11%   Prefer  medium  companies:  30%   Prefer  large  companies:  36%   2   Overwhelmingly  choose  ci@es  post-­‐gradua@on   based  on  career  considera;ons.   Reasons  cited  for  wan;ng  to  leave:   #1:  Jobs  à  49%   #2:  Culture  à  13%   1   Are  less  likely  to  stay  in  St.  Louis  if  they’re   interested  in  working  at  a  large  company.   Willingness  to  stay  in  St.  Louis:   If  interested  in  small  company  à  45%   If  interested  in  large  company  à  26%   3   Expect  to  job  hop,  and  worry  whether  St.  Louis   can  support  their  long-­‐term  career  ambi@ons.     91%  of  millenials  an@cipate  staying  at   their  job  for  less  than  3  years.1   4   Have  limited  awareness  of  and  willingness  to   work  for  the  largest  local  companies.   Students  aware  of  Centene:  42%   Students  aware  of  Graybar:  17%   Students  aware  of  RGA:  16%   5   1  Bureau  of  Labor  Sta;s;cs  
  • 7. Research  Findings   7 St.  Louis  students  in  our  survey…   Prefer  to  work  at  medium-­‐to-­‐large  companies.   Prefer  small  companies:  11%   Prefer  medium  companies:  30%   Prefer  large  companies:  36%   2   Overwhelmingly  choose  ci@es  post-­‐gradua@on   based  on  career  considera;ons.   Reasons  cited  for  wan;ng  to  leave:   #1:  Jobs  à  49%   #2:  Culture  à  13%   1   Are  less  likely  to  stay  in  St.  Louis  if  they’re   interested  in  working  at  a  large  company.   Willingness  to  stay  in  St.  Louis:   If  interested  in  small  company  à  45%   If  interested  in  large  company  à  26%   3   Expect  to  job  hop,  and  worry  whether  St.  Louis   can  support  their  long-­‐term  career  ambi@ons.     91%  of  millenials  an@cipate  staying  at   their  job  for  less  than  3  years.1   4   Have  limited  awareness  of  and  willingness  to   work  for  the  largest  local  companies.   Students  aware  of  Centene:  42%   Students  aware  of  Graybar:  17%   Students  aware  of  RGA:  16%   5   1  Bureau  of  Labor  Sta;s;cs   Building  brands  of  individual   companies  will  help  build  brand  of  city   Large  companies  have  biggest  role  to   play  in  keeping  students  in  St.  Louis   Start-­‐ups  do  the  best  job  of  boos;ng   students’  willingness  to  stay     Civic  groups  like  RBC,  Civic  Progress  and   Regional  Chamber  should  promote   ecosystem  of  companies   Large  companies  in  par;cular  need  to   change  the  way  they  engage  students  
  • 8. Lessons  From  Start-­‐ups   8 §  Con@nued  investment  in  local  entrepreneurs  will  allow  St.  Louis  to   grow  its  next  genera@on  of  large  companies  &  has  proven  successful   §  Startups  have  the  right  messaging,  high  touch  recrui@ng  tac@cs,  on-­‐ campus  engagement  and  work  environment  that  students  want       §  What  about  the  89%  of  students  not  inclined  toward  small  companies?   §  What  role  do  St.  Louis’s  largest  companies  need  to  play?    
  • 9. Recommenda;on   Large  companies  must  lead  the  ini@a@ves  to  retain   students  in  St.  Louis.     If  large  companies  marketed  and  recruited  on-­‐ campus  with  high  touch  tac@cs  they  would  increase   student  considera@on  and  beTer  retain  top  talent.   9
  • 10. 10 As  part  of  the  St.  Louis  Percep@on  survey,  university  students  were  given  the  following  list   of  local  employers  and  asked:  “Select  each  company  that  you  have  heard  of.”   A  condi@onal  follow-­‐up  ques@on  was  then  asked,  presen@ng  students  with  a  list  of  the   companies  they  had  selected:  ”Of  the  companies  with  which  you  are  familiar,  please   select  the  ones  you  would  consider  seeking  employment  from  in  the  future.”                 •  Ameren   •  Edward  Jones   •  Nestle  Purina  Petcare  Co.   •  Anheuser-­‐Busch/InBev   •  Emerson   •  Peabody  Energy   •  Apex  Oil  Company   •  Energizer  Holdings   •  Reinsurance  Group  of  America   •  Ascension   •  Enterprise  Holdings   •  S;fel   •  BJC  Healthcare   •  Equifax   •  Sigma-­‐Aldrich   •  Boeing  Company   •  Express  Scripts   •  Scofrade   •  Bryan  Cave  LLP   •  Fabick  CAT   •  SSM   •  Build-­‐A-­‐Bear  Workshops   •  Fleishman  Hillard   •  Thompson  Coburn  LLP   •  Caleres  Shoes  (Brown  Shoe)   •  Graybar  Electric  Co.   •  T-­‐REx*   •  Centene   •  Mallinckrodt   •  Wells  Fargo  Advisors   •  ConAgra  Foods   •  Moneta  Group   •  World  Wide  Technology   •  Cortex  Innova;on  Community*   •  Monsanto   *  Cortex  &  T-­‐REx  aren’t  tradi;onal  employers,  but  were  used  as  a  proxy  for  startup  companies  in  St.  Louis   Students’  Awareness  &  Considera;on  of  St.  Louis  Employers  
  • 11. Boeing   BJC   Anheuser-­‐Busch   Cortex   S@fel   SSM   T-­‐REX   Sigma-­‐Aldrich   Monsanto   Nestle  Purina   Thompson  Coburn   World  Wide  Technology   Wells  Fargo   Express  Scripts   Emerson   Fleishman  Hillard   Edward  Jones   ScoTrade   ConAgra   Centene   Ascension   Energizer   Apex  Oil   Build-­‐A-­‐Bear   Graybar   Ameren   Bryan  Cave   Enterprise  Holdings   Caleres     (Brown  Shoe)   Peabody   Mallinckrodt   Fabick  CAT   Equifax   Moneta  Group   Reinsurance  Group     of  America   0%   10%   20%   30%   40%   50%   60%   70%   80%   90%   100%   0%   10%   20%   30%   40%   50%   60%   Awareness   Willingness  to  Work   Students’  Awareness  &  Considera;on  of  STL  Employers   11
  • 12. Boeing   Anheuser-­‐Busch   Cortex   S@fel   T-­‐REX  World  Wide   Technology   Express  Scripts   Emerson   Graybar   Enterprise   Reinsurance     Group  of  America   0%   10%   20%   30%   40%   50%   60%   70%   80%   90%   100%   0%   10%   20%   30%   40%   50%   60%   “Gold  Standard”   Students  think  these  are   clear  paths  to  career  success   “Diamonds  in  the  Rough”   Need  polishing  for  students   to  consider  employment   “Gems”   Students  who   find  them  love  them   “Unmined  Poten;al”   No  student  awareness   or  engagement   Awareness   Willingness  to  Work   12 Students’  Awareness  &  Considera;on  of  STL  Employers  
  • 13. Wells  Fargo   Edward  Jones   Scofrade   0%   10%   20%   30%   40%   50%   60%   70%   80%   90%   100%   0%   10%   20%   30%   40%   50%   60%   Finance  Gap   Awareness   Willingness  to  Work   13 Despite  St.  Louis’s  strong  brokerage  presence,   students  interested  in  finance  are  among  the   least  willing  to  stay  in  St.  Louis  aner  gradua@on:   Student  industry  interest   %  planning  on  staying  in  St.  Louis   1.  Technology   35.1%   2.  Professional  services   34.3%   3.  Healthcare,  Pharma,  Biotech   31.0%   9.  Finance   23.5%  
  • 14. Boeing   Anheuser-­‐Busch   Cortex   S@fel   T-­‐REx  World  Wide   Technology   Wells  Fargo   Express  Scripts   Emerson   Edward  Jones   ScoTrade   Graybar   Enterprise   Reinsurance     Group  of  America   0%   10%   20%   30%   40%   50%   60%   70%   80%   90%   100%   0%   10%   20%   30%   40%   50%   60%   Increasing  willingness  to   work  at  these  core   companies  should  be   highest  priority   “Gold  Standard”   “Diamonds  in   the  Rough”   Awareness   Willingness  to  Work   14 Students’  Awareness  &  Considera;on  of  STL  Employers  
  • 15. Boeing   Anheuser-­‐Busch   Cortex   S@fel   T-­‐REx  World  Wide   Technology   Wells  Fargo   Express  Scripts   Emerson   Edward  Jones   ScoTrade   Centene   Graybar   Enterprise   Caleres     (Brown  Shoe)   Reinsurance     Group  of  America   0%   10%   20%   30%   40%   50%   60%   70%   80%   90%   100%   0%   10%   20%   30%   40%   50%   60%   “Gold  Standard”   “Diamonds  in   the  Rough”   Awareness   Willingness  to  Work   Low  awareness   of  largest   companies     in  St.  Louis   perpetuates   second  class   city  mentality   15 Students’  Awareness  &  Considera;on  of  STL  Employers  
  • 16. Boeing   Anheuser-­‐Busch   Cortex   S@fel   T-­‐REx  World  Wide   Technology   Express  Scripts   Emerson   Graybar   Enterprise   Reinsurance     Group  of  America   0%   10%   20%   30%   40%   50%   60%   70%   80%   90%   100%   0%   10%   20%   30%   40%   50%   60%   Awareness   “Low  Touch”  Strategies  Boost  Awareness   •  Adver@se  on-­‐campus  (student  newspapers,  flyers)   •  Facebook  ads,  social  media  presence     •  Signage  on  campus     •  Promo@ons  offered  on  campus   •  Tradi@onal  recrui@ng  (career  fairs,  etc.)   •  Messaging   “High  Touch”  Strategies  Boost  Considera;on   •  Company  leaders  speak  or  aTend  events  on  campus   •  Companies  hire  interns  /  part-­‐@me  work  during  the  year   •  Crea@ve  partnerships  on  campus  (CEL,  Skandalaris)   •  Student  club  involvement  or  sponsorship   •  Locate  satellite  offices  in  innova@on  centers   Willingness  to  Work   16
  • 17. •  Pos@ng  is  very  long  (excerpted  here);  emphasizes  pleasant   culture  and  ease  of  candidate  placement  (“needs-­‐based”)   •  Tone  is  friendly,  op@mis@c:     •  “Values”   •  “Most  Respected  Companies”   •  “Rela@onship-­‐Driven”   •  “Dedicated”   •  “Understanding”   •  Offers  candidate  the  opportunity  to  gain  experience   17 Messaging  Case  Studies  
  • 18. •  Pos@ng  is  short  and  direct,  with  uncompromising   requirements  sec@on   •  Tone  is  compe@@ve,  challenging,  innova@ve:     •  “Cusng  edge”   •  “Culture  of  constant  measurement”   •  “Aggressive”   •  “Sophis@cated”   •  “Analyze  and  develop  business  strategies”   •  Requires  candidate  to  have  prior  experience   18
  • 19. •  Pos@ng  is  short  and  direct,  with  uncompromising   requirements  sec@on   •  Tone  is  compe@@ve,  challenging,  innova@ve:     •  “Cusng  edge”   •  “Culture  of  constant  measurement”   •  “Aggressive”   •  “Sophis@cated”   •  “Analyze  and  develop  business  strategies”   •  Requires  candidate  to  have  prior  experience     Words  that  Signal  a  Millennial-­‐Friendly  Culture:     Entrepreneurial  Ÿ  Crea;ve  Ÿ  Innova;ve  Ÿ  Leadership  Ÿ   Social  Responsibility  Ÿ  Diversity  Ÿ  Fast-­‐Paced  Ÿ  Work-­‐Life   Balance  Ÿ  Analy;cal  Ÿ  Rigorous  Ÿ  Ambi;ous  Ÿ  Global  or   Interna;onal  Ÿ  Learning  Ÿ  Flexible  Ÿ  Independent  Ÿ   Collabora;ve  Ÿ  Fast-­‐Track  Ÿ  Mentorship  Ÿ  Teamwork             19
  • 20. 20 Case  Studies   “#1  thing  millennials  look  for  in  an  employer:  People  &  Culture  Fit”  -­‐HBR   Video  (commercial):  “At  S@fel  We  Encourage  an  Entrepreneurial  Spirit”  
  • 21. 21 Case  Studies  High  Touch  Strategies   §  DeloiTe  Consul@ng   Na@onal  Case  Compe@@on   §  “Cheap  Lunch”  Par@cipant   §  NextGen  Leaders  Program   &  Conference   §  Alterna@ve  Spring  Break   §  One-­‐on-­‐One  Recrui@ng   Process   §  Case  compe@@on:  Boeing   Patent  Challenge   §  “Cheap  Lunch”  Par@cipant   §  Sponsor  /  Par@cipant   Regional  Business   Council’s  “Young   Professionals  Network”   §  Satellite  office  “Ventures”   in  Cortex  Innova@on   District   Ø  Most  desired  company   included  in  St.  Louis   Percep;on  survey   Ø  In  2014  alone,  Epic  hired  over  50   WashU  students.     §  Constructed  1,000  acre  campus   with  12+  office  buildings;   “themed  spaces”   §  Required  interview  in  Madison,   WI  where  “Cost  of  living”   calculator  is  presented.   §  CEO:  “We  are  compe@ng  for   talent  with  Apple,  Microson,  and   Facebook.  We  need  to  give  these   people  a  reason  to  come  to   Wisconsin.”   §  Alumni  involvement   “#1  thing  millennials  look  for  in  an  employer:  People  &  Culture  Fit”  -­‐HBR  
  • 22. 22 Case  Studies  High  Touch  Strategies   §  DeloiTe  Consul@ng   Na@onal  Case  Compe@@on   §  “Cheap  Lunch”  Par@cipant   §  NextGen  Leaders  Program   &  Conference   §  Alterna@ve  Spring  Break   §  One-­‐on-­‐One  Recrui@ng   Process   §  Case  compe@@on:  Boeing   Patent  Challenge   §  “Cheap  Lunch”  Par@cipant   §  Sponsor  /  Par@cipant   Regional  Business   Council’s  “Young   Professionals  Network”   §  Satellite  office  “Ventures”   in  Cortex  Innova@on   District   §  Most  desired  company  at   WashU  according  to  our   surveys   Ø  In  2014  alone,  Epic  hired  over  50   WashU  students.     §  Constructed  1,000  acre  campus   with  12+  office  buildings;   “themed  spaces”   §  Required  interview  in  Madison,   WI  where  “Cost  of  living”   calculator  is  presented.   §  CEO:  “We  are  compe@ng  for   talent  with  Apple,  Microson,  and   Facebook.  We  need  to  give  these   people  a  reason  to  come  to   Wisconsin.”   §  Alumni  involvement   “#1  thing  millennials  look  for  in  an  employer:  People  &  Culture  Fit”  -­‐HBR   10%   30%   50%   70%   90%   Use  their  Product   News   Social  Media   On  Campus   Job  Board   Friends   How  Millennials  Hear  About  Companies1   1“How  Companies  Can  Afract  the  Best  College  Talent,”  Harvard  Business  Review  
  • 23. 23 Future  Areas  of  Research:   §  Company  percep@on  of  and  need  for  top  university   talent;  determining  employment  capacity   §  Student  percep@on  mapping  for  local  small-­‐  to  mid-­‐ cap  companies   §  Exis@ng  models  for  corporate  /  start-­‐up  partnerships   §  Industry-­‐specific  talent  reten@on  programs   §  Career  advancement  tracks  in  St.  Louis  as  perceived   by  students   Partnerships  &  Next  Steps  
  • 24. 24 Please  help  ensure  that  St.  Louis  con@nues  to  aTract  &  retain  top  talent   by  sharing  this  presenta@on  with  the  CEOs  and  heads  of  Human   Resources  at  the  following  35  companies  covered  in  our  research:               •  Ameren   •  Edward  Jones   •  Nestle  Purina  Petcare  Co.   •  Anheuser-­‐Busch/InBev   •  Emerson   •  Peabody  Energy   •  Apex  Oil  Company   •  Energizer  Holdings   •  Reinsurance  Group  of  America   •  Ascension   •  Enterprise  Holdings   •  S;fel   •  BJC  Healthcare   •  Equifax   •  Sigma-­‐Aldrich   •  Boeing  Company   •  Express  Scripts   •  Scofrade   •  Bryan  Cave  LLP   •  Fabick  CAT   •  SSM   •  Build-­‐A-­‐Bear  Workshops   •  Fleishman  Hillard   •  Thompson  Coburn  LLP   •  Caleres  Shoes  (Brown  Shoe)   •  Graybar  Electric  Co.   •  T-­‐REx   •  Centene   •  Mallinckrodt   •  Wells  Fargo  Advisors   •  ConAgra  Foods   •  Moneta  Group   •  World  Wide  Technology   •  Cortex  Innova;on  Community   •  Monsanto   Partnerships  &  Next  Steps  
  • 25. For  ques;ons  related  to  the   project  please  contact:             25 Jamie  Stroble:  jstroble@wustl.edu   Esther  Koh:  estherkoh@wustl.edu   Partnerships  &  Next  Steps  
  • 26. Appendix       26
  • 27. Appendix  A.1  Background   Why  the  focus  on  millennials    and  students?   27 Source:  The  Atlan@c’s  CityLab  
  • 28. -­‐50   0   50   100   150   200   0-­‐4   5-­‐9   10-­‐14   15-­‐19   20-­‐24   25-­‐29   30-­‐34   35-­‐39   Net  Migra@on  Rate  (Per  100  Individuals)   Age   Net  Migra@on  Rate  During  2000s  Comparison   San  Francisco   Kansas  City   St.  Louis   New  York  City   Key  Points:     •  People  are  most  mobile  from  ages  20-­‐29.   •  St.  Louis  compares  favorably  to  similar  sized  ci@es,  i.e.,  Kansas  City,  but  does  not  fare  well   against  larger  ci@es   •  Sharp  fall  in  migra@on  from  25-­‐29à  30-­‐34.  If  people  can  be  aTracted  early  they  will  be  more   likely  to  stay  in  St.  Louis   Appendix  A.2  Background   28
  • 29. 29 0   0.05   0.1   0.15   0.2   0.25   St.  Louis   New  York   Chicago   Madison   2012   2013   2014   Top  Recrui;ng  Des;na;ons  for  WashU  Undergraduates   Appendix  A.3  Background  
  • 30. St.  Louis-­‐based  Fortune  500  Companies  (2015)   Company   Revenue   2015  Rank   2014  Rank   Express  Scripts  Holdings   $100.89  billion   22   20   Emerson  Electric   $24.54  billion   120   121   Centene   $16.56  billion   186   251   Monsanto   $15.86  billion   197   197   Reinsurance  Group  of  America   $10.9  billion   273   274   Peabody  Energy   $6.79  billion   398   365   Edward  Jones  (Jones  Financial)   $6.33  billion   426   444   Ameren  Corp.   $6.05  billion   438   379   Graybar  Electric   $5.98  billion   445   449   Source:  St.  Louis  Business  Journal1  &  Fortune   30 Appendix  A.4  Background  
  • 31. St.  Louis’s  Top  Privately-­‐Held  Companies  (2014)   Company   Revenue  (2013)   1   Enterprise  Holdings   $16.4  billion  (+6.5%)   2   World  Wide  Technology   $6.4  billion  (+26.9%)   3   Edward  Jones   $5.66  billion  (+15.5%)   4   Graybar   $5.66  billion  (+4.5%)   5   Apex  Oil   $5  billion  (es@mate)   6   Center  Oil  Co.   $4.1  billion  (-­‐2.6%)   7   McCarthy  Holdings  Inc.   $3.23  billion  (7.7%)   8   Piasa  Enterprises  Inc.   $2.9  billion  (-­‐19.4%)   9   Prairie  Farms  Dairy  Inc.   $2.78  billion  (+4.5%)   10   Schnuck  Markets  Inc.   $2.6  billion  (+4%)   Source:  St.  Louis  Business  Journal1   31 Appendix  A.5  Background  
  • 32. 32 Company   1   Google   40.28%   2   Apple   23.14%   3   Facebook   14.96%   4   Microson   12.24%   5   Amazon   11.36%   6   eBay   8.50%   7   LinkedIn   6.09%   8   Yahoo!   5.90%   9   Goldman  Sachs   5.66%   10   IBM   5.19%   11   Intel   4.94%   12   Cisco   4.44%   13   McKinsey  &  Co.   4.20%   14   TwiTer   4.18%   15   JP  Morgan   3.49%   16   DeloiTe   3.27%   17   Qualcomm   3.23%   Company   18   Salesforce   2.99%   19   Morgan  Stanley   2.81%   20   Disney   2.46%   21   Nike   2.16%   22   Accenture   2.16%   23   Palan@r  Technologies   2.14%   24   Bain  &  Co.   2.13%   25   Boeing   2.10%   26   Groupon   2.07%   27   Tesla  Motors   1.92%   28   NBC  Universal   1.92%   29   Samsung  Electronics   1.84%   30   HP   1.80%   31   BCG   1.66%   32   Dell   1.59%   33   General  Electric   1.55%   34   Ne{lix   1.43%   Company   35   ESPN   1.32%   36   PWC   1.32%   37   Dropbox   1.21%   38   Verizon   1.21%   39   Proctor  &  Gamble   1.18%   40   Genentech   1.17%   41   Credit  Suisse   1.14%   42   Schlumberger   1.12%   43   Lockheed  Mar@n   1.11%   44   Texas  Instruments   1.08%   45   Sony   1.05%   46   Ernst  &  Young   1.04%   47   Bank  of  America   1.03%   48   Citrix   1.00%   49   Space  X   0.97%   50   BofA  Merril  Lynch   0.92%   Source:  “How  Companies  Can  Afract  the  Best  College   Talent,”  Harvard  Business  Review   Top  50  Companies  Young  People  Want  to  Work  For   Appendix  A.6  Background  
  • 33. 33 What  Millennials  Look  for  in  Employers   0%   20%   40%   60%   80%   Alumni  &  Friends   Target  Audience   Market  Leadership   New  Graduate  Program   Innova@on   Company  Mission   Challenging  Environment   Compensa@on   Work/Life  Balance   Career  Poten@al   People  and  Culture  Fit   10%   30%   50%   70%   90%   Use  their  Product   News   Social  Media   On  Campus   Job  Board   Friends   How  Millennials  Hear  About  Companies   Source:  “How  Companies  Can  Afract  the  Best  College  Talent,”  Harvard  Business  Review   Appendix  A.7  Background  
  • 34. Survey Methodology: STL Perception The survey aims to comprehend and quantify students’ views on select aspects of St. Louis. The survey population includes undergraduate and graduate students at Washington University, UMSL and SLU. The survey was distributed both on and off line (in-person on electronic devices) at various sites throughout Washington University campus as well as UMSL and SLU.     Respondents  University  Affilia@on     WUSTL   U  of  Missorui-­‐St.Louis   St.  Louis  University   Other   Mean(Age)    =  22.09   Mean(Working  Experience)    =  2.36        Industries  of  Interest   Energy,  Materias,  or  Industrials   Healthcare   Automo@ve  or  Aerospace   Finance   Technology   Media   Retail   Consumer  Staples   Professional  Services   Nonprofit   34 Appendix  B.1  Surveys  –  St.  Louis  Percep;on  
  • 35. Survey Questions: STL Perception Q1: Please select each company that you have heard of Q2: Of the companies with which you are familiar, please select the ones you would consider seeking employment from in the future. Q3: Why to stay or leave St. Louis Q4: Where do you like to spend your free time? (This includes eating out, shopping, socializing, exercising, etc.) Q5: Where do you like to spend your free time? (This includes eating out, shopping, socializing, exercising, etc.) Q6: Which of these do you use often (once a week) to find out about things to do in St. Louis? Q7: In your opinion, how easy would it be for you to make a positive impact on the St. Louis community? Q8: What type of organizations are you currently involved with that contribute to the St. Louis community? Q9: What type of organizations are you currently involved with that contribute to the St. Louis community? Q10: What type of organizations are you currently involved with that contribute to the St. Louis community? Q11: What school or university do you attend? Q12: What is your major or program focus? Q13: What year are you in school? (If you're an alum, put "alum.") Q14: How old are you? Q15: What is your hometown zip code? (May differ from your current zip code.) Q16: Have you ever spent time in St. Louis for non-academic reasons? (Examples: internship, part-time work, full-time work, volunteering, research) Q17: Primary industry of interest Q18: What size company would you prefer to work for? 35 Appendix  B.2  Surveys  –  St.  Louis  Percep;on  
  • 36. Ameren   Anheuser-­‐Busch   &  Boeing   Apex  Oil   Ascension   BJC   Bryan  Cave   Build-­‐A-­‐Bear   Caleres  (Brown  Shoe)   Centene   ConAgra   Cortex   Edward  Jones   Emerson   Energizer   Enterprise   Equifax   Express  Scripts   Fabick  CAT   Fleishman  Hillard   Graybar   Mallinckrodt   Moneta   Monsanto   Nestle  Purina   Peabody   Reinsurance  Group     of  America   S@fel   Sigma-­‐Aldrich   ScoTrade   SSM   Thompson  Coburn   T-­‐REX   Wells  Fargo   World  Wide  Technology   0%   10%   20%   30%   40%   50%   60%   70%   80%   90%   100%   0%   10%   20%   30%   40%   50%   60%   70%   Awareness   Willingness  to  work   36 Students’  Awareness  &  Considera;on  of  STL  Employers  (Just  MBAs  &  BSBAs;  n  =  79)  
  • 37. 37     Delmar     Loop   The  Grove   Laclede's   Landing   Downtown   CWE   Clayton   Forest     Park   Cherokee   Street   Maplewood   LafayeTe   Square   Soulard   Grand   Center   Brentwood   Daily  or     weekly   41%   6%   4%   11%   37%   33%   37%   4%   5%   5%   10%   20%   27%   Monthly  or   rarely   57%   80%   67%   89%   61%   62%   62%   62%   62%   59%   78%   62%   66%   Never  heard     of  it   2%   14%   29%   0%   2%   5%   1%   34%   33%   36%   11%   19%   8%       Delmar     Loop   The     Grove   Laclede's   Landing   Downtown   CWE   Clayton   Forest     Park   Dogtown   The     Hill   Cherokee   Street   Maplewood   LafayeTe   Square   Soulard   South     Grand   Grand   Center   Brentwood   Daily   26   2   1   4   16   11   18   0   0   1   0   1   1   1   23   3   Weekly   54   9   6   17   57   52   55   5   6   6   10   7   18   15   15   48   Monthly   72   50   25   87   82   60   85   17   32   19   24   19   45   37   38   65   Rarely   39   104   103   84   38   61   34   84   132   100   95   94   106   95   80   62   Never  heard  of  it   4   27   54   0   3   10   1   85   22   66   63   69   22   43   36   16   Totals:   195   192   189   192   196   194   193   191   192   192   192   190   192   191   192   194   Students were asked, “Where do you like to spend your free time? (This includes eating out, shopping, socializing, exercising, etc.)” They were given 16 neighborhoods or locations in St. Louis (shown below in the top rows) and asked to either selected “daily,” “weekly,” “monthly,” “rarely,” or “never heard of it.” The first table includes raw data in # of votes; the next table is consolidated into high engagement, low engagement, and not aware. A few instances are highlighted of the most successful neighborhoods and neighborhoods lagging behind in either engagement or awareness:   Appendix  B.3  Surveys  –  St.  Louis  Percep;on  
  • 38. 38 Delmar  Loop   The  Grove   Laclede's  Landing   Downtown     St.Louis   Central  West  End   Clayton   Forest  Park   Dogtown   The  Hill   Cherokee  Street   Maplewood   LafayeTe  Square   Soulard   South  Grand   Grand  Center   Brentwood   40%   50%   60%   70%   80%   90%   100%   1.00   1.50   2.00   2.50   Awareness   Level  of  Engagement  (1  –  4)*   *Level  of  engagement  isn’t  linear,  but  is  reflected  as  linear  on  this  chart.  “1”  corresponds  to  ‘rarely,’  “2”  corresponds  to  ‘monthly,’  “3”   corresponds  to  ‘weekly,’  and  “4”  corresponds  to  ‘daily.’  So  “1”  could  equal  one  visit  per  month,  and  “4”  could  equal  30  visits  a  month.   Appendix  B.4  Surveys  –  St.  Louis  Percep;on  
  • 39. 39 Appendix  B.5  Surveys  –  St.  Louis  Percep;on   How  does  the  size  of  the  company  a   person  is  interested  in  working  for  affect   their  willingness  to  stay  in  St.  Louis?   Small   (1  -­‐  50   employees)   11%   Medium     (51  -­‐  250   employees)   30%  Large   (250+   employees)   36%   No   preference   23%   What  size  company  do     students  prefer  to  work  for?     No,  I  don’t  plan   on  staying   Yes,  I  plan   on  staying   Large  /  Corpora;on  (250+  employees)   73.1%   26.9%   Medium  (50  -­‐  249  employees)   67.6%   31.5%   Small  /  Start-­‐up  (1  -­‐  49  employees)   55.0%   45.0%   No  preference   76.5%   18.5%  
  • 40. How  does  a  student’s  exposure  to  non-­‐ academic  opportuni;es  affect  their   willingness  to  stay  in  St.  Louis?   How  does  age  affect  someone’s   willingness  to  stay  in  St.  Louis?     40 Appendix  B.6  Surveys  –  St.  Louis  Percep;on       No,  I  don’t  plan     on  staying   Yes,  I  plan  on   staying   No     Experience   82.3%   17.7%   Some   Experience   69.2%   29.5%       No,  I  don’t  plan   on  staying   Yes,  I  plan  on   staying   Below  23   77.5%   22.5%   23+   58.6%   39.6%  
  • 41. How  does  the  hometown  zip  code   affects  people’s  willingness  to  stay?     Zip  Code   Absolute   %   "Yes"   "Yes"  %   "No"   "No"  %   East   30   10%   5   17%   25   83%   Southeast   12   4%   3   25%   9   75%   Midwest   171   59%   61   36%   110   64%   South   16   6%   2   13%   14   88%   West   36   13%   5   14%   31   86%   Southwest   4   1%   2   50%   2   50%   Northwest   19   7%   3   16%   16   84%       288   100%   81   28%   207   72%   Zip  Code   Absolute   %   "Yes"   "Yes"  %   "No"   "No"  %   MO   63   22%   35   56%   28   44%   IL   55   19%   15   27%   40   73%                               Midwest   171   59%   61   36%   110   64%   Non-­‐Midwest   117   41%   20   17%   97   83%   41 Appendix  B.7  Surveys  –  St.  Louis  Percep;on  
  • 42. What  are  the  reasons  behind  people  choosing  to  stay  vs.  leave?     Write-­‐In  Survey  Responses:  Reasons  Students  Cited  to  Stay  and  Leave   Reasons  Cited   Code   "Yes"   %   "No"   %   Job   1   10   63%   23   49%   Culture   2   2   13%   6   13%   Family   3   2   13%   5   11%   Loca@on  preference   4   1   6%   5   11%   Con@nuing  educa@on   5   0   0%   3   6%   Other   6   1   6%   5   11%           16   100%   47   100%   42 Appendix  B.8  Surveys  –  St.  Louis  Percep;on  
  • 43. Do  par;cular  industries  of  interest  have  a  higher  willingness  to  stay  in  St.  Louis?           %  Planning  to  Stay  in  St.  Louis   Aver  Gradua;on   Technology   35.1%   Professional  Services  (Doctor,  Lawyer,  Accountant,  etc.)   34.3%   Healthcare,  Pharmaceu@cals,  Biotechnology   31.0%   Media   29.4%   Consumer  Staples  (food,  beverage,  household  products)   28.0%   Retail   26.7%   Other   25.0%   Finance   23.5%   Energy,  Materials,  or  Industrials   18.8%   Non-­‐Profit   14.3%   Uncertain   15.0%   43 Appendix  B.9  Surveys  –  St.  Louis  Percep;on  
  • 44. 0%   10%   20%   30%   40%   50%   60%   70%   80%   90%   100%   Where  students  get  their  informa;on     about  St.  Louis  events   Appendix  B.10  Surveys  –  St.  Louis  Percep;on   44
  • 45. Survey Methodology: Comparable Cities This survey was conducted using a simple random sample of students in St. Louis (including students at Washington University in St. Louis, St. Louis University, University of Missouri-St. Louis). We decided to include New York, Chicago, Minneapolis, San Francisco and Boston as points of comparison because these are the cities graduates typically relocate to after graduation according to Career Center of Washington University in St. Louis as well as Western Career Center of Olin Business School. Respondents  University  Affilia@on     WUSTL   U  of  Missorui-­‐St.Louis   St.  Louis  University   Other   Academic  Program   BA   BS   MBA   BSBA   MD   JD   MS   MA   Other   PHD   MSW   Mean(Age)    =  22.58   Mean(Year  in  School)    =  1.95   Mean(Working  Experience)    =  2.22       45 Appendix  C.1  Surveys  –  Comparable  Ci;es  
  • 46. Survey Questions: Comparable Cities Q1:  Please  rate  the  following  ci@es  in  terms  of  job  opportunity   Q2:  Please  rate  the  following  ci@es  in  terms  of  Salary     Q3:  Please  rate  the  following  ci@es  in  terms  of  the  Sports  Scene  (sports  event  availability,  variety,  team  spirit,  etc.)   Q4:  Where  do  you  like  to  spend  your  free  @me?  (Includes  ea@ng  out,  shopping,  socializing,  exercising,  etc.)   Q5:  Please  rate  the  following  ci@es  in  terms  of  Safety   Q6:  Please  rate  the  following  ci@es  in  terms  of  Ease  of  Transporta;on  Without  a  Car   Q7:  Please  rate  the  following  ci@es  in  terms  of  Ease  of  Transporta;on  With  a  Car   Q8:  Please  rate  the  following  ci@es  in  terms  of  the  Restaurants  and  Bar  Scene   Q9:  Please  rate  the  following  ci@es  in  terms  of  Greenspace  (quality  and  quan@ty)   Q10:  Please  rate  the  following  ci@es  in  terms  of  Ease  of  Transporta;on  With  a  Car   Q11:  Please  rate  the  following  ci@es  in  terms  of  Arts/Culture/Entertainment   Q12:  Please  rate  the  following  ci@es  in  terms  of  the  Diversity  of  its  inhabitants   Q13:  Please  rate  the  following  ci@es  in  terms  of  Youthfulness   Q14:  What  school  or  university  do  you  aTend?   Q15:  What  is  your  academic  program?  (Choose  all  that  apply)   Q16:  Why  or  why  not?   Q17:  What  is  your  major  or  program  focus?   Q18:  What  year  are  you  in  school?  (If  applicable,  for  the  academic  program  you  answered  with  above.)   Q19:  What  is  your  age?               46 Appendix  C.2  Surveys  –  Comparable  Ci;es  
  • 47. Survey Questions: Comparable Cities Q20: How  many  years  of  prior  work  experience  (excluding  internships)  do  you  have?   Q21:  What  is  your  hometown  zip  code?  (May  differ  from  your  current  zip  code.)   Q22:  Have  you  ever  spent  @me  in  St.  Louis  for  non-­‐academic  reasons?  (Examples:  internship,  part-­‐@me  work,     full-­‐@me  work,  volunteering,  research,  from  St.  Louis,  etc)   Q23:  If  yes,  what  did  you  do?  Which  company  or  organiza@on?(if  applicable)?   Q24:  Primary  industry  of  interest:   What  size  company  would  you  prefer  to  work  for?   Q25:  What  size  company  would  you  prefer  to  work  for?   Q26:  Please  provide  your  email  address  if  you'd  like  the  chance  to  win  a  $50  Starbucks  gin  card.                                 47 Appendix  C.2  Surveys  –  Comparable  Ci;es  
  • 48. Appendix  C.3  Surveys  –  Comparable  Ci;es   48
  • 49. Appendix  C.3  Surveys  –  Comparable  Ci;es   49
  • 50. Appendix  C.3  Surveys  –  Comparable  Ci;es   50
  • 51. 51 Cost  of     living   Ease  of  transport   with  car   Green  space   Diversity   Arts  &  entertainment   Job  opportunity   Ease  of  transport  w/o  car   Restaurant/Bat  scene   Safety   Salary   Youthfulness   Sports  scene   St.  Louis   San  Francisco   Boston   Chicago   New  York  City   Kansas  City   Minneapolis   Appendix  C.4  Surveys  –  Comparable  Ci;es  
  • 52. •  Pos@ng  is  short  and  direct,  with  rigorous  requirements   •  Tone  is  compe@@ve,  challenging,  innova@ve:     •  “Entrepreneurial”   •  “Growth  companies”   •  “Analy@cal  rigor”   •  “Manage”  and  “Supervise”   •  Requires  candidate  to  have  prior  experience  &  right  “fit”   52