Student’s Choice: Best Recruiters Named in WetFeet’s 8th Annual Student Survey

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McKinsey, BCG and Bain lead top 10.

The personal interactions candidates have during the recruiting experience greatly impact where these top candidates are choosing to work.

WetFeet, Inc. today released the results of its 8th annual student survey, in which 3,055 undergrads and MBA’s at top-tier schools weigh in on how they were recruited by employers during the Spring 2006 recruiting cycle.

Students were asked which companies actively recruited them, how they view prospective employers, how they determine which to include on their short list, and which recruiting tactics were most effective.

Among the more than 1,100 employers that actively competed for these candidates, students rated these as being the most effective recruiters:

1. McKinsey & Co.

2. The Boston Consulting Group

3. Bain & Co.

4. Deloitte & Touche

5. Lehman Brothers

6. Goldman Sachs

7. Target

8. Microsoft

9. JP Morgan Chase

10. Booz Allen Hamilton

New to the top 10 list this year are Target, Microsoft and Deloitte & Touche. Companies that fell out of the top 10 include Citigroup, Johnson & Johnson and Kraft. Students said the top recruiters had great campus information sessions, sent a large number of impressive representatives to campus, treated candidates with respect, and had a strong word-of-mouth reputation.

“This shows that job offers, salaries and employer prestige can only carry a company so far,” said Steve Pollock, president of WetFeet and leader of the research and consulting practice. “The personal interactions candidates have during the recruiting experience greatly impact where these top candidates are choosing to work.”

Other findings in the 160-page report include:

  • The average number of job offers received by undergraduates and MBAs increased for the fourth straight year, while the number of companies students are actually applying to has decreased.
  • Compensation expectations and offers received continue to increase with 71% of students saying they have increased their expectations from a year ago.

  • Confidence continues to rise as 86% of students surveyed said they were confident they would find a job they wanted.

In addition to the comprehensive main student survey, WetFeet also released three focused reports covering students pursuing jobs in the technology, financial services and consumer products/pharmaceuticals industries. Each report is available now at http://www.wetfeetresearch.com.

About WetFeet

WetFeet Research & Consulting, a division of WetFeet Inc., is the authoritative source for factual data, emerging trends and informed strategy on effective talent recruiting including sourcing, screening, evaluation, campus recruiting, online recruiting, diversity recruiting and retention. WetFeet has conducted extensive consulting engagements and customized research for many of the world’s top employers including Merrill Lynch, Procter & Gamble, Federated Department Stores and Deutsche Bank.

This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: http://www.HRmarketer.com) on behalf of the company listed above.

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