Say goodbye to six-figure starting salaries – with these exceptions

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KEY POINTS

  • Starting salaries for newly minted college graduates are lower almost across the board as a result of the economic fallout from Covid-19.
  • However, some entry-level positions in tech still pay near six figures, according to new data from Glassdoor.
  • Some entry-level job offers and internship opportunities are being rescinded, another survey found.

Those armed with a newly minted college diploma are entering the worst U.S. job market in modern history, with unemployment spiking to levels not seen since the Great Depression.

Continue reading… “Say goodbye to six-figure starting salaries – with these exceptions”

There’s a new obstacle to landing a job after college: Getting approved by AI

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San Francisco (CNN)College career centers used to prepare students for job interviews by helping them learn how to dress appropriately or write a standout cover letter. These days, they’re also trying to brace students for a stark new reality: They may be vetted for jobs in part by artificial intelligence

At schools such as Duke University, Purdue University, and the University of North Carolina at Charlotte, career counselors are now working to find out which companies use AI and also speaking candidly with students about what, if anything, they can do to win over the algorithms. This shift in preparations comes as more businesses interested in filling internships and entry-level positions that may see a glut of applicants turn to outside companies such as HireVue to help them quickly conduct vast numbers of video interviews.

With HireVue, businesses can pose pre-determined questions — often recorded by a hiring manager — that candidates answer on camera through a laptop or smartphone. Increasingly, those videos are then pored over by algorithms analyzing details such as words and grammar, facial expressions and the tonality of the job applicant’s voice, trying to determine what kinds of attributes a person may have. Based on this analysis, the algorithms will conclude whether the candidate is tenacious, resilient, or good at working on a team, for instance.

Continue reading… “There’s a new obstacle to landing a job after college: Getting approved by AI”