In fact, more than 95% of employer respondents offer the five benefits new graduates are looking for, according to the National Association of Colleges and Employees (NACE) Job Outlook 2001 and 2000 Graduating Student & Alumni Surveys.
The top valued benefit of recent graduates was medical insurance, rated 4.61 on a 5 point scale – and offered by 99.8% of surveyed employers.
The rest of the top five includes:
- 401(k) plan, rated 4.16 and offered by 97.7% of employers
- annual salary increases, rated 3.96, offered by 97.3% of employers
- life insurance, rated 3.93, offered by 99.1%
- dental insurance, rated 3.83, offered by 95.7%
Other important benefits cited were pension plans, tuition reimbursement, flextime, frequent performance reviews, and family-friendly benefits.
Number 8 on the list was starting out with two weeks of vacation – but less than half (44.7%) of employers were that “generous”.
The lowest item on the list was a company car – and a good thing, too, since just 6% of employers offered that to new hires.
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