Entry-level jobs often get a bum rap because, after years of schooling, you might feel accepting one is a little beneath you. But let’s face it. We all have to start somewhere. Even David Geffen, a well-known music (Geffen Records) and movie (DreamWorks) executive started out in the mailroom at the William Morris Talent Agency making $55 a week. Last year, Forbes estimated his net worth at just under seven billion.
What this proves is that you never know what opportunities an entry-level job might bring, so treat it like a stepping stone to where you want to be and not someplace where you’re simply stuck until something better comes along. Because the good news is that there’s promising prospects out there. Check out the top five most popular companies for recent grads as compiled by LinkedIn.
Welcome to the Ground Floor
Deloitte – This global company specializes in audit, tax, consulting, enterprise risk, and financial advisory services with nearly 250,000 employees around the world.
EY (formerly Ernst & Young) – Operates as a network of member firms which are separate legal entities in individual countries. With over 200,000 employees in more than 700 offices around 150 countries in the world, EY provides assurance, advisory, tax, and transaction services.
PwC (PricewaterhouseCoopers) – Last year PwC firms provided services to 422 companies in the Fortune Global 500, and nearly 60,000 new employees joined their offices in 157 countries.
Amazon – In January, Amazon announced over the next 18 months it plans to increase its fulltime, U.S.-based workforce by 100,000 employees. This is in addition to the over 150,000 jobs created over the last five years.
Oracle – This company offers comprehensive and fully integrated stack of cloud applications, platform services, and engineered systems that services more than 420,000 customers and deployments in more than 145 countries. It’s also the second-largest software maker (by revenue) after Microsoft.
Other top companies for entry-level positions are: Accenture, Target, JPMorgan Chase, Insight Global, and Lockheed Martin.
Show Me the Money!
Another misconception regarding entry-level positions is that they pay next to nothing. While your chances of starting off with a six-figure salary is a bit unrealistic, that doesn’t mean your first job will pay so little you’ll have to eat ramen noodles for every meal. LinkedIn also took a closer look at the most popular entry-level jobs and the median salaries of recent graduates. Here’s the breakdown:
- Account Manager – $50,000
- Software engineer – $80,000
- Business analyst – $59,000
- Customer service representative – $35,000
- Administrative assistant – $39,500
Other money-making entry-level positions are: Recruiter – $39,200; Consultant – $73,000; Investment Banking Analyst – $85,000; Graphic Designer – $36,000; Staff Accountant – $50,000.
Now that you know what’s out there, what should you do next? Prepare! Many companies come to your campus to recruit, and an entry-level position doesn’t mean you can slack off when it comes to landing the gig. Get cozy with career services. Did you know that a Gallup survey discovered engineering and business majors are most likely to visit career services, while arts and humanities and science majors are the least likely to check it out? Don’t make that mistake.
Share in the comments an entry-level job you’re glad you took a chance on.
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