It is not a rare occurrence when an employer has to make the decision to hire a freshly educated graduate or an experienced professional, and often, the experienced professional gets the job over the fresh graduate. The reason for this is because It is a costly process to hire and train a new employee, when experience makes this much cheaper for the employer. In the article, “Employee Retention - The Real Cost of Losing an Employee,” written by Christina Merhar, Merhar states “over two to three years, a business likely invests 10 to 20 percent of an employee's salary or more in training.” Following up on Merhar’s statement, assume a small independently owned company has ten employees, all of which are fresh graduates that make $40,000 a year, it is going to cost that company anywhere from $40,000 to $60,000 in training costs. For an independent company, this is an absurd amount of money being spent on employees who went to school to do that particular job, but were never actually trained in school on how to accommodate to those working conditions. College does not teach graduates everything, ironically enough, nearly all socialization and business skills will actually be gained with …show more content…
These skills being picked up overtime are most likely not going to be taught in school, especially when the first two years of college are just basic general education requirements. One of these skills that are not taught in college, but learned with experience, is networking. Networking is essentially meeting and making friends with other students to establish stronger business connections later in life. In the article, “ The 10 Crucial Skills They Won’t Teach You At School (And How To Learn Them Anyway),” written by Jennifer Schaffer, Schaffer states “Networking is about finding your tribe -- people who inspire and challenge you -- and forming mutually-beneficial relationships with others.” These “mutually-beneficial relationships” Schaffer writes about are often only found in the workplace and are obtained by establishing strong relationships with coworkers that just involve day to day socialization with them. After establishing these strong reliable connections, there is no limit as to what one can do in the workplace with connections that reach the top of the ranks, connections that were established with no thanks to a college