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Iowa State University The College of Engineering. Engineering Recruiting Trends: Issues Impacting Recruiting & Retaining the STEM Workforce Larry Hanneman Iowa State University Joseph Tidwell Arizona State University Phil Gardner Michigan State University.
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Iowa State University The College of Engineering Engineering Recruiting Trends: Issues Impacting Recruiting & Retainingthe STEM Workforce Larry HannemanIowa State University Joseph TidwellArizona State University Phil GardnerMichigan State University
Issues Affecting Those Closest to Entering the STEM Workforce & The Value of Real World Experience Entry to theSTEM Workforce – In-Context National Level Iowa State University Real World Experience A Measure of the Value Employers Students
Projected Significant Labor Shortages Under mid-range assumptions of economic performance, labor supply/demand imbalances develop by the end of the decade Net deficit of 6 million college trained workers by 2012 Millions Demand Supply Source: Employment Policy Foundation Engineering enrollments and graduates remain depressed!
An Interesting Thought “The US economy created 150,000 new high-tech jobs in 2006. - twice as many as 2005-.” (American Electronics Association) IEEE Spectrum (07/07) “The unemployment rate is currently less than 2 percent among engineers and 2.5 percent among computer scientists.” (American Electronics Association) IEEE Spectrum (07/07)
Another Interesting Thought “As you may know, roughly half of the federal workforce will be eligible to retire in the next five years…” Partnership for Public Service 2002 “Nearly one-third of the 1.6 million full-time federal workforce is expected to retire or resign in the next five years.” Partnership for Public Service 2007
Yet Another Interesting Thought “Uncle Sam to hire Nearly 193,000 New Workers to Fill Mission Critical Jobs…”(in the next two years) Commission on Professionals in Science and Technology 2007 • Information Technology (IT) experts for at least 11,562 positions • Biological scientists to address threat of bioterrorism: 3,400+ • U.S. Patent & Trademark Office to hire 1,200 engineers and scientists this year – equal to 20% of present workforce
A REALLY Interesting Thought “The federal government offers recruitment bonuses, retention incentives, relocation incentives and graduate school scholarships” Commission on Professionals in Science and Technology 2007 And: • Student loan repayments: $ 10,000/year up to $ 60,000 • U.S. Patent & Trademark Office: $ 9,900/year for EE and CprE
On-Campus Interviewing Employer Visits: + 63 % Schedules: + 12 % Interviews: + 1 % Job Postings + 600 % + 600 Active Postings Career Fair Attendance + 230 Registrations + 75 % ISU Engineering On-Campus Recruiting 03/04 – 06/07
ISU Engineering On-Campus Recruiting Fall 2007 Career Fair Employers/BS Grad: • AeroE: 1.4 • AgE: 3.2 • ChE: 1.4 • CE: 1.8 • ConE: 1.6 • CprE: 1.4 • EE: 1.9 • IE: 1.6 • ME 0.8 • MatE: 1.8
Experience - The Value:OutcomesAt-Graduation 1996 - 2007 • The Numbers: • Coop: 89 % • Intern: 83 % • Summer: 79 % • No Ex Ed: 53 % • The Differences: • Coop: 37 % • Intern: 30 % • Summer: 26 % • All Ex Ed: 29 %
With Permission: ABET, INC. “The exceptions are the absences of differences in instructor teaching skills and the hours spent in cooperative or internship experiences…”
With Permission: ABET, INC. “In contrast, barely half of employers give an adequate rating to new graduates understanding of the organizational, cultural and environmental context and constraints of their work. Additionally, graduates’ skills in this area, according to their employers, appear to have declined somewhat over the past decade.”
Issues Affecting Those Closest to Entering the STEM Workforce & The Value of Real World Experience • Supply/Demand • Pipeline • Real World Experience: • High Value • Employer Differentiation • Steady to Declining
Issues Affecting Those Closest to Entering the STEM Workforce & The Value of Real World Experience • The “Changing Position Descriptions!” • Entry Level Positions“Ain’t What They Use To Be” • Content • Alumni/ae • Mid-Career Positions • The Changing Needs:Joe Tidwell