GMAC recently conducted its annual employer poll. 350 employers participated in this poll. Most of them appear optimistic in their hiring outlook for recent MBA grads heading into the new year.
Here are the key findings of this report.
- Employers’ 2019 hiring plans largely appear similar to their 2018 hiring outcomes.
- About 78% employers plan to hire MBAs in 2019, nearly identical to the proportion that hired them in 2018 (77%).
- Among those with 2019 MBA hiring plans, about half plan to hire the same number of MBAs as they did last year (47%). 37 percent plan to hire more than last year, and 17 percent plan to hire fewer.
- Some open-end responses reflect a level of caution as they consider what lies ahead in 2019. One stated: “Early signs show that the market may slow down in the next 18-24 months, and this will trickle down to tighten the job market.”
- Survey responses also suggest that international hiring will continue to be a challenging area for employers in 2019. A third of US employers report they made international hires in 2018 (33%), a smaller proportion than the 42 percent that reported they made such hires in 2017.
- Most employers plan to increase the starting base salaries of new business school hires in 2019 at or above the rate of inflation compared with the base salaries offered to 2018 new hires.
- Employers continue to regard the value of a graduate business education highly. Overall, nearly 9 in 10 responding employers say the value is very high or above average (86%).
Do check full report here..https://bit.ly/2Usd6Xk. It has a lot of intertesting insights.