Index shows some optimism on grad hiring
The city's employment-environment index for fresh college graduates was scored at 65 points out of a full mark of 100 - a cautiously optimistic picture, a new report suggests.
The survey, released by the city's human resources staffing operator Shanghai Foreign Service Co Ltd, was conducted among 246 foreign-invested companies and 10 universities and colleges, covering 1,175 college graduates.
The report said most job seekers expect a monthly salary of 2,000 yuan (US$292) to 3,000 yuan this year, almost the same as previous years.
"I'm expecting a monthly salary of 3,000 yuan to 4,000 yuan," said Ariel Fang, a graduate from Shanghai International Studies University.
"The city's living standard is on the rise and the rent now costs me 1,600 yuan per month. I'm expecting a higher salary or it will be hard to make a living here."
According to the report, the employers were able to meet expectations, as most foreign-invested companies said they would offer monthly salaries of 2,000 yuan to 4,000 yuan.
According to the report, most graduates are willing to be recruited by state-owned enterprises. The second-most popular choice is to be recruited by foreign-invested or joint-venture companies. Ranking next are private enterprises.
The survey also showed that if faced with a long period out of job, 62 percent of the students were willing to lower their expectations.
Meanwhile, an increasing number of graduates, accounting for 14 percent compared with only 1 percent last year, said they would start their own business if there were no jobs available, as the government has put forward more policies favorable to innovative undertakings.
The survey, released by the city's human resources staffing operator Shanghai Foreign Service Co Ltd, was conducted among 246 foreign-invested companies and 10 universities and colleges, covering 1,175 college graduates.
The report said most job seekers expect a monthly salary of 2,000 yuan (US$292) to 3,000 yuan this year, almost the same as previous years.
"I'm expecting a monthly salary of 3,000 yuan to 4,000 yuan," said Ariel Fang, a graduate from Shanghai International Studies University.
"The city's living standard is on the rise and the rent now costs me 1,600 yuan per month. I'm expecting a higher salary or it will be hard to make a living here."
According to the report, the employers were able to meet expectations, as most foreign-invested companies said they would offer monthly salaries of 2,000 yuan to 4,000 yuan.
According to the report, most graduates are willing to be recruited by state-owned enterprises. The second-most popular choice is to be recruited by foreign-invested or joint-venture companies. Ranking next are private enterprises.
The survey also showed that if faced with a long period out of job, 62 percent of the students were willing to lower their expectations.
Meanwhile, an increasing number of graduates, accounting for 14 percent compared with only 1 percent last year, said they would start their own business if there were no jobs available, as the government has put forward more policies favorable to innovative undertakings.
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