Hiring is a tricky business. You need to find someone who has the right skills, fits in well with your company, and will be a great contributor. At the same time, you can’t be too picky or you will never make a decision. While you may naturally lean towards hiring more experienced employees, recent college graduates should also be the main contender for some positions.
Introduce a New Perspective
Once people have been in their career for a while, they tend to have their perspective that they stick to and their own way of doing things. At the same time, your business will benefit from having some of those ideas that are automatically accepted get challenged. Recent college graduates are more likely to speak up and ask why things are done a certain way.
They have invested a lot of time recently studying the most current theories and updates to their chosen field and they could bring in a new perspective that you may not have considered. They can also help you refine your current processes. This flexibility and a new perspective are also very important if your business is going through a lot of change.
Save On Costs
The most obvious way that recent college graduates help you save on costs is that it is cheaper to hire them. Because they have less experience, you are paying an entry-level salary, rather than a mid-level salary. Just make sure you don’t underpay for what they are worth. Continually having to replace employees isn’t cheap.
Additionally, newer graduates may not use all of their benefits, which means you aren’t on the hook for that cost. Employees under 26 can stay on their parent’s health insurance. Because most graduates are between the age of 22 and 24, that’s 2-4 years of cost savings right there.
Fresh college graduates are coming out of a competitive arena that requires them to be constantly learning and working with the people around them. The most successful students are those with a growth mindset, and that is who you want to focus on recruiting. These graduates have really taken their time at school to become the best that they can be and this will translate to them helping your company achieve success. A big part of the growth mindset is finding a way to adapt and overcome challenges, and that is what you want on your team.
If you want to see success in your hiring, make sure you are considering a wide variety of candidates with a diverse set of experiences. Just because someone is new to their career doesn’t mean they can’t make a valuable contribution. In fact, they may end up being one of the best hires you make.
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