• Job Outlook: Nearly Half of Employers Plan to Offer Signing Bonuses

    Spotlight for Career Services Professionals
    Spotlight for Recruiting Professionals
    October 2, 2013

    Nearly half of the respondents to the Job Outlook 2014 survey have plans to offer signing bonuses to Class of 2014 college graduates.

    Among respondents, 47.1 percent plan to offer signing bonuses to 2014 bachelor's degree graduates. This compares to 48 percent of respondents who actually offered signing bonuses to Class of 2013 graduates.

    Bonuses, however, won't be offered across the board. Most respondents reported plans to offer bonuses to sweeten the pot for selected candidates.

    Most likely to offer bonuses are employers in pharmaceutical manufacturing (nearly 86 percent say they expect to offer bonuses) and management consulting (70 percent). (See Figure 1.)

    NACE collected data for the Job Outlook 2014 survey from its college recruiting professional members from August 5 through September 13, 2013. A total of 208 surveys were returned for a response rate of 19.8 percent. NACE will release the Job Outlook 2014 report in the fall.

    Figure 1: Percent of employers offering signing bonuses to 2013-14 graduates, by industry

    Industry

    % offering signing bonuses

    Chemical (Pharmaceutical) Mfg.

    85.7%

    Management Consulting

    70.0%

    Transportation

    50.0%

    Utilities

    50.0%

    Retail Trade

    50.0%

    Computer & Electronics Mfg.

    46.7%

    Motor Vehicle Mfg.

    42.9%

    Misc. Prof. Services

    42.9%

    Construction

    42.9%

    Misc. Mfg.

    40.0%

    Government

    40.0%

    Engineering Services

    40.0%

    Finance, Insurance & Real Estate

    39.1%

    Oil & Gas Extraction

    20.0%

    Wholesale Trade

    20.0%

    Information

    20.0%

    Source: Job Outlook 2014, National Association of Colleges and Employers


Job Outlook: Nearly Half of Employers Plan to Offer Signing Bonuses