class of 2018 benchmark report - ripplematchoracle, ernst & young, accenture, bain &...

CLASS OF 2018BENCHMARK REPORTReport by RippleMatch

At RippleMatch, we understand firsthand the kinds of challenges that come with trying to find the perfect job. It’s why we created our platform in the first place – to make this process a whole lot easier. To continue improving this process, we sent out a survey to find out the state of the job search – what you found the most challenging, how you found your job, and why you accepted it.

We’ve also collected information on the top paying roles to aid you in future job searches and show you how you stack up against your peers. After all, it can be hard to negotiate for higher pay if you don’t know what you should be making in the first place.

Read on to find out the top paying roles, the top challenges in the job search, and the most compelling reasons you picked your current job.

the job search isn’t easy.

CLASS OF 2018 BENCHMARK SURVEY 1

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E M P L O Y M E N T S T A T U S

From our survey of over 700 students, we found that most students have secured full time employment. A small percentage are pursuing higher education, active service and volunteer work.

RIPPLEMATCH | RIPPLEMATCH.COM | BENCHMARK REPORT 2

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W H E R E Y O U W O R K

With close to 30% of respondents reporting working in the greater NYC area, it’s clear many graduates are choosing to call the biggest city in the US home. However, 30% of graduates are working outside the cities listed below, moving to places like Detroit, Baltimore, Philadelphia, Denver, Houston, and Dallas. .


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T O P P A Y I N G R O L E STo help you in your future job search, it’s important to be able to benchmark your salary against the median salaries of different roles. Below you will find the maximum, minimum, and median salaries of entry-level roles from top companies in each industry.


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S O F T W A R E E N G I N E E RPeople in this role work at companies like...Facebook, Google, Snap, Microsoft as well as non-technical companies like Nike, NASDAQ and Capital One.

MAX MEDIAN MIN$325,000 $120,000 $45,000

C O N S U L T A N TPeople in this role work at companies like...Oracle, Ernst & Young, Accenture, Bain & Company, Boston Consulting Group, as well as non-profits and lesser known companies.

MAX MEDIAN MIN$140,000 $80,000 $40,000

E N G I N E E RPeople in this role work at companies like...Procter & Gamble, GE, Merck, ExxonMobil, BP and more.

MAX MEDIAN MIN$120,000 $70,000 $50,000


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S A L E SPeople in this role work at companies like...IBM, Citigroup, Aetna Health Care, Viacom, Yelp, and others.

MAX MEDIAN MIN$120,000 $58,000 $32,000

MARKETING/COMMUNICATIONSPeople in this role work at companies like...Google, Walmart, Wayfair, Blue449 and other companies within advertising and agencies.

MAX MEDIAN MIN$115,000 $55,000 $24,000

P R O J E C T M A N A G E RPeople in this role work across industries from...media, hospitality, technology and nonprofits.

MAX MEDIAN MIN$65,000 $55,000 $28,000

A N A L Y S TPeople in this role work at companies like...Allstate, PepsiCo, Nielsen, Visa, Zillow Group, Bloomberg, as well as smaller agencies and corporations.

MAX MEDIAN MIN$160,000 $70,000 $35,000


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P A R A L E G A LPeople in this role work at...Law firms and practices.

MAX MEDIAN MIN$50,000 $45,000 $37,500

C U S T O M E R S E R V I C EPeople in this role work at companies like...Indeed, Bloomberg, Qualtrics, and other companies in healthcare, finance, and technology.

MAX MEDIAN MIN$73,000 $43,500 $30,000

R E S E A R C H E RPeople in this role work across industries from...finance, technology, academia, and especially healthcare.

MAX MEDIAN MIN$95,000 $42,000 $24,000

TEACHER/TEACHING ASSISTANTPeople in this role work at...Public, private, and charter schools.

MAX MEDIAN MIN$59,518 $50,000 $24,000

T H E J O B S E A R C H

From applying to 100+ companies to interviewing for your dream job, the job search is unpredictable and different for everyone. However, there are a few things that stood out as universal in this year’s job search.


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Which parts of the job search did you feel the most unprepared for?“

negotiating for higher pay

74% 43% 39% networking finding jobs i

was qualified for

What information was most difficult to find when researching companies?

opportunities for upward mobility

60% 59% 50% compensation opportunities

for professional development

“


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If you turned down any job offers, why?“salary/pay too low

46% 36% 35% bad location didn’t align

with my career path

How did you discover your current job?

online job platform

30% 14% 13% rec from friend or family member

career services

“

How many jobs did you apply to?“1-20

47% 21% 19% 13% 21-40 61+ 41-60


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not at all related

somewhat related extremely related

How related is your current position to your ideal career path?“

4% 55% 40%

not at all related

somewhat related extremely related

How related is your current position to what you studied in college?“

17% 45% 37%

A C C E P T I N G T H E J O BWith your job search finally over, where did you end up? Here, we’ll take a look at what led graduates to decide on a job, how much it relates to what you learned in school, and how long you plan on staying in your industry.


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Do you plan on staying in your current company and industry, and for how long?“

What were the top factors that led you to accept the offer from your current company?“

opportunities for professional development

company culture

69% 68% 60%salary

47% Plan on staying in their current industry....

38% ....are unsure if they’ll stay in their

current industry.

15% Plan on leaving their current industry

when they switch jobs.

50% Plan on staying with their current company for more than two years.

CLASS OF 2018

benchmark reportFrom building up your resume, networking, researching roles, interviewing, and finally signing the offer letter, finding your first job can be an exhausting process. Whether you struggled with networking or negotiating for your first salary, you’re not alone. And the next time you go out and search for a job, you’ll be even more prepared – but we’ll

be here if you need us.

class of 2018 benchmark report - ripplematchoracle, ernst & young, accenture, bain &...

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