New College Grads Seek Annual Salary Increases Over Healthcare [infographic]
In a new survey conducted by the National Association of Colleges and Employers (NACE), the most important benefit new college grads are looking for is a salary increase. That alone has become a priority above any other type of benefit.
“Historically, graduating seniors taking part in NACE’s annual student survey have placed medical insurance in the top spot,” says NACE executive director Marilyn Mackes. “However, among graduating seniors taking part in NACE’s 2012 Student Survey, healthcare benefits landed fourth on the list, behind the annual salary increase, a 401(k) match, and tuition reimbursement.”
Mackes believes the reason for the change is due in part to recent changes in federal healthcare-related laws. “Graduates know that they can now stay on their parents’ coverage until they are 26 years old, making medical benefits somewhat less critical in their list of priorities. ” Mackes continued, “The focus is — and has been — on benefits that provide security. Salary increases, the 401(k) match, and various insurances provide a financial net while tuition reimbursement supports the graduate’s ability to acquire new skills and gain or retain value in the job market.”
Check out the infographic below for more insights on new college grads and their annual salary over healthcare preferences.
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(Photo credit: NACE)