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Finally graduated and ready to enter the world of work? This guide is here to help you get started on the road to success.
7 min read
School’s out forever. You’ve sat your exams, handed in your coursework, and attended your graduation ceremony. What’s next? Finding a place to put all that knowledge to good use. The problem? When it comes to landing your first job out of college, it can be hard to know where to begin. That’s why we’ve put together a guide on the do’s and don’ts of applying, interviewing for—and enjoying—your first job out of college.
Nobody says you have to dive right into a job after you graduate. Years of studying entitles you to a break. Your first job out of college is a chance to reset and start again, and the best way to approach the process is with a clear mind. The figures are on your side—according to a recent EU report, the employment rate among university-level graduates aged 20-34 in the past three years was 83.2%, though this varies from country to country from a whopping 92.7% for graduates in Germany to only 58.7% in Italy. In other words, you can likely take some time to recharge and make a plan.
According to a study published in American Economic Review—which involved sending out more than 8,000 resumés to 3,500 vacancies—being unemployed for three months doesn’t raise red flags among prospective employers. At six months, however, you may risk not being invited for an interview. And after a year, your job prospects may shrink dramatically. The good news, as the study shows, is that once you find that first job out of college, any time spent unemployed before that won’t be considered when you look for your next job.
On average, just 10% of job applications result in an interview. In other words, your resumé is your calling card. It doesn’t matter whether you’ve done 10 internships or simply focused on your studies during university—a well-written resumé will get you more interviews than one thrown together at the last minute. A few tips:
A strong resumé and letter of motivation count for nothing if you address the letter to the wrong person. Getting your first job out of college is all about making a positive impression on a stranger. According to “StandOut CV”, recruiters spend an average of 6 to 8 seconds skimming a resumé. If your documents are too generic and don’t show that you’re familiar with the company and role you’re applying for, they may be discarded.
It may seem like LinkedIn is the uncool older brother of social media accounts, but it can actually work wonders for securing a job interview. A recent study found that 122 million people have received an interview through LinkedIn, while 35.5 million have been hired after connecting with others on the site. That equals three people being hired through the platform every minute.
Some potential employers will check other social media accounts (Facebook, Instagram, Twitter, TikTok) to try to get a better idea of who they’re hiring. Unless you have a squeaky-clean public image, set them all to private.
Confidence comes from many sources: dressing for the part, having a well-groomed appearance, turning up on time, knowing about the company you have applied for, and offering thoughtful answers. Here are a few tips:
There’s a fine line between confidence and arrogance. Don’t boast or exaggerate, and avoid lingering on your personal successes. Don’t put others down. Try to use “we” in sentences rather than “I”. In group interviews, you don’t have to jump in and try to take charge—leadership comes from understanding the situation.
Think of an interview as a conversation rather than an interrogation. You’re not just there to answer—you can ask questions of your own. Come up with a list ahead of time, so you can demonstrate your preparedness. Here are a few examples:
Keep your answers short and to the point. According to Interview Genie, your answers should be in the range of 30 seconds to 2 minutes for basic questions (“Why do you want this job?”), and around 3-3.5 minutes for more in-depth ones (“Tell us about a challenging project you worked on”). Anything beyond that is too long, and your interviewer may lose interest and tune out.
If a company wants to hire you, that’s a sign you should believe in yourself. Imposter syndrome is common enough that it has its own Wikipedia article, but that doesn’t mean you have to feel like a fraud. Make sure to keep telling yourself you’re good enough, have the courage to express your true personality at work, and avoid shying away from challenging situations. If you start off on the right foot, you’ll keep going in the right direction.
Before negotiating your salary, take a look at the industry standard and ask friends who have jobs how much they earn. This will give you a good idea of how much you can ask for without being wildly out of touch with reality.
The million-dollar question: how long should you stay in your first job out of college? According to the website TopResume, the average length of time a person will spend in a job is 4.6 years. If possible, try to keep a job for at least two years—otherwise, you may look like a flight risk to future prospects. But if the idea of waking up in the morning is filling you with dread, don’t hang around before beginning your search for something more suitable. Try to make the most of the position in the meantime, and when a better opportunity comes along, make the switch and don’t look back.
Changing roles because your current one is a poor fit is okay. Racing from one company to the next like you’re in a relay race is not. When looking for a first job out of college, your aim should be to find one where you can focus on honing your craft in a practical setting. If you end up switching jobs every two or three months, your resumé and employment history may suffer as a result. Monster.com points out that if you’ve had six jobs and haven’t stayed with any of them for longer than a year, a hiring manager will be less likely to invite you to interview.
A new job is the perfect time to take stock of your finances and start planning for the future. With a variety of bank account options, N26 has the right plan for you. Whether you’re looking to deposit your salary, plan a monthly budget, or make a contactless payment, N26 services are designed to make everyday banking a simple, satisfying experience—leaving you more time for the things you enjoy. Take a look at what N26 can do for you today.
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