Each year, Looksharp surveys over 20,000 students
from more than 1,000 universities across the country to understand how students and recent grads experiences and perceptions are changing. The 2016 report covers everything from salary expectations from graduating seniors and the rising importance of work-life balance to the growth of Computer Science related coursework and the push for recruiters to make an impression on High School students.
Andrew is founder and CEO of InternMatch (now Looksharp). Founded in 2009, Looksharp is the largest platform dedicated to launching the career of every student. Since inception, Looksharp has served millions of students and thousands of employers across the US. In his free time, Andrew enjoys skiing, playing tennis, learning about Blockchain, reading Sci Fi, and playing chess. Andrew also advises several startups with a focus on education and talent.
6. STUDENTS ENTRY-LEVEL SALARIES
STEM MARKETING BUSINESS FINANCE ARTS POLITICAL
SCIENCE
Expectation Actual
$39,800
$50,000
$45,000
$48,000
$61,000
$60,000
$54,500$54,000
$41,300
$65,000
$69,500
$66,000
#URECRUIT
7. INTERNSHIP COMPENSATION BY GENDER
MALES ARE MUCH MORE LIKELY TO HAVE PAID INTERNSHIPS
#URECRUIT
41.5%
OF FEMALES WERE UNPAID IN THEIR MOST RECENT INTERNSHIP
26.8%
OF MALES WERE UNPAID IN THEIR MOST RECENT INTERNSHIP
9. FREQUENCY OF JOB / INTERNSHIP SEARCH ON SOCIAL MEDIA CHANNELS
#URECRUIT
Never Daily Weekly Monthly
85.0%
74.7%
57.6%
73.5%
30.5%
SNAPCHAT INSTAGRAM FACEBOOK TWITTER LINKEDIN
10. HOW STUDENTS PREFER TO BE CONTACTED INITIALLY
#URECRUIT
Email
Phone
No Preference
Text Message
Facebook
0% 25% 50% 75% 100%
0.4%
1%
4.7%
16.7%
77.2%
0.4%
1%
4.5%
13%
80.3%
2016 2015
12. of students have an online profile
for career purposes84.6%
14.3% increase from last year
#URECRUIT
13. RESOURCES FOR FINDING INTERNSHIPS
#URECRUIT
Internship Resources Percentage of Students
Google/online searches 51.1%
Friends 48.0%
Internship websites, including Looksharp 38.2%
Career fairs 37.9%
Family 36.4%
University career services department 34.2%
Faculty members (professors, teachers) 31.5%
General job sites (Indeed, Monster, Glassdoor, etc.) 25.0%
Specific employer/company websites 23.9%
University job board 21.6%
Professional social network platforms and events (LinkedIn) 18.8%
Alumni network (incl. fraternity and older year students) 17.7%
Craigslist 8.0%
Study and work abroad organizations 5.8%
15. WHAT ARE MILLENNIALS WILLING TO COMPROMISE?
RELOCATE INTERN POST-
GRADUATION
WORK OUTSIDE TOP
INDUSTRY CHOICE
WORK OUTSIDE IDEAL
CULTURE FIT
LESS WORK-LIFE
BALANCE
#URECRUIT
17. TOP PERKS FOR INTERNS AND MILLENNIALS
#URECRUIT
Career Advancement opportunity
Relevance to my major/minor
Access to executives & mentorship
Work-life balance
Clearly defined assignment
Location
Receiving compensation
Social impact
Diversity
Prestige (well-recognized name)
Flexible hours
After work activities
0% 20% 40% 60% 80%
17.3%
30.4%
31.2%
35%
35.9%
40.4%
45.4%
47.7%
50.8%
51.6%
58.9%
71.5% +4.1%
-7.4%
+0.1%
+1.6%
-1.1%
-4.6%
-7.0%
+10.7%
+4.2%
+4.1%
+0.7%
+2.5%
% Change from 2014IMPORTANCE OF INTERNSHIP ATTRIBUTES (% VERY IMPORTANT)
18. COMPUTER SCIENCE COURSE EXPERIENCE AT INSTITUTION
ALL
STUDENTS
MALE
STUDENTS
FEMALE
STUDENTS
FRESHMEN SOPHOMORES JUNIORS SENIORS
53.3%
63.2%
46.2%
38.9%
49.4%
54.6% 56.3%
#URECRUIT
19. of students have taken an online course through
companies like Coursera, Udemy, etc.36.7%
#URECRUIT
of students have completed classwork outside
of their major to beef up their resume.47.3%
20. of students have had an internship by the time
they start their junior year.57.5%
#URECRUIT
21. STUDENTS OFTEN CHANGE THEIR PLANS
IMPACT OF INTERNSHIP EXPERIENCE ON CAREER PLANS
#URECRUIT
Minor Change
46%
Major Change
35%
No Change
19%
22. GETTING HIRED FULL-TIME
#URECRUIT
KEYS TO FULL-TIME EMPLOYMENT AFTER GRADUATING
PAID INTERNSHIP EXPERIENCE1
2
3
4
HIGHER-THAN-AVERAGE GPA (<3.0)
MORE THAN 1 INTERNSHIP
ONLINE OR OTHER OUTSIDE COURSE EXPERIENCE
23. POST GRADUATION JOB SATISFACTION
#URECRUIT
HOW DOES YOUR JOB COMPARE WITH YOUR EXPECTATIONS?
EXCEEDS
EXPECTATIONS
MOSTLY MATCHES
EXPECTATIONS
FALLS SHORT OF
EXPECTATIONS
15%
44.7%
42.1%
25. SUMMARY
FULL-TIME SALARY EXPECTATIONS FOR ARTS / POLI-SCI ARE HIGH
#URECRUIT
1
2
3
4
5
6
DON’T RECRUIT DIRECTLY ON NON-PROFESSIONAL SOCIAL MEDIA
MORE STUDENTS THAN EVER ONLINE - 84% HAVE PROFILES
RELOCATION ISN’T A BIG DEAL. WORK-LIFE BALANCE IS CRITICAL
DON’T JUST LOOK WITHIN A MAJOR FOR A PARTICULAR CANDIDATE
FOR HAPPY RECENT GRAD EMPLOYEES, MANAGE EXPECTATIONS