Chatter: College Athletes, Internships, and Money

Talking about college athletes…

The Corporate Playbook is new and focused on helping current and alumni student athletes prepare to find their first careers. It lets students and alumni work on resume development, business networking, career placement services, and job postings. The company notes that this assistance helps athletes prepare for the transition from “the locker room to the board room” and provides a direct connection for companies seeking those skills.

The Louisville, Kentucky-based company is also focused on diversity initiatives, and it says that is why it offers a “unique database” to help recruiters who are seeking diversity in their workforce.

Talking about internships…

Based on multiple factors, including substantive work, pay, perks, and selectivity, Vault.com has unveiled its top-10 internship list. Companies making the top cut include the Academy of Television Arts and Sciences; Apple; Citi; Google; INROADS; Morris Arboretum; NIH; Northwestern Mutual Financial Network; PricewaterhouseCoopers; and XM Radio.

The Academy of Television Arts and Sciences, INROADS, and Northwestern Mutual Financial Network have made the list for 12 consecutive years. In addition, Vault says Citi extends a full-time offer to between 80% and 90% of its interns, while INROADS offers year-round professional coaching and academic support.

Also, Vault has unveiled video snapshots of seven of the top-10 internships, including Citi, XM Radio, and Google.

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Talking about money…

According to its 2007 College Graduate Salary Survey, Compensation Resources, Inc. says publicly traded and not-for-profit companies provide higher base salaries, annual bonuses/incentives, and signing bonuses/incentives compared to privately held organizations.

Among recruiting trends, 81.4% of companies are relying on referrals by employees and business associates, while 79.4% are relying on on-campus job fairs. Only 12.8% say they use recruitment firms.

Findings for 2007 indicate that the largest increases in college graduates’ compensation occurred in healthcare/occupational therapy; human resources; and operations and logistics. On the lower-end of the compensation spectrum were admin services, call center, and marketing support jobs. Overall, 72.6% of companies reported their average turnover (voluntary and involuntary) for college graduates in the past three years is approximately zero percent to 15%.

Based in Upper Saddle River, New Jersey, the company distributed the survey questions to companies in over 13 industry classifications. The survey sampled compensation data from 102 organizations, including over 3,000 jobs, collected in May and June 2007.

Elaine Rigoli has nearly 15 years of experience managing content and community for various B2B and consumer websites. Elaine has written thousands of business and technology articles and has been quoted in The Wall Street Journal and eWeek, among other publications.

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