News
11/25/2013
Nearly half of employers plan to offer signing bonuses

Nearly half of the respondents to the Job Outlook 2014 survey have plans to offer signing bonuses to Class of 2014 college graduates.

Among respondents, 47.1 percent plan to offer signing bonuses to 2014 bachelor's degree graduates. This compares to 48 percent of respondents who actually offered signing bonuses to Class of 2013 graduates.

Bonuses, however, won't be offered across the board. Most respondents reported plans to offer bonuses to sweeten the pot for selected candidates.

Most likely to offer bonuses are employers in pharmaceutical manufacturing (nearly 86 percent say they expect to offer bonuses) and management consulting (70 percent). (See Figure 1.)

NACE collected data for the Job Outlook 2014 survey from its college recruiting professional members from Aug. 5 through Sept. 13, 2013. A total of 208 surveys were returned for a response rate of 19.8 percent. NACE will release the Job Outlook 2014 report in the fall.

Figure 1: Percent of employers offering signing bonuses to 2013-14 graduates, by industry

Industry

% offering signing bonuses

Chemical (Pharmaceutical) Mfg.

85.7%

Management Consulting

70.0%

Transportation

50.0%

Utilities

50.0%

Retail Trade

50.0%

Computer & Electronics Mfg.

46.7%

Motor Vehicle Mfg.

42.9%

Misc. Prof. Services

42.9%

Construction

42.9%

Misc. Mfg.

40.0%

Government

40.0%

Engineering Services

40.0%

Finance, Insurance & Real Estate

39.1%

Oil & Gas Extraction

20.0%

Wholesale Trade

20.0%

Information

20.0%

Source: Job Outlook 2014, National Association of Colleges and Employers

Learn more at http://www.naceweb.org/s10022013/job-outlook-signing-bonus.aspx#sthash.7CW9mQwN.dpuf.

 

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