After a couple of years of uncertainty in the global economy and the resulting hesitancy of employers to increase hiring, a couple of recent jobs reports show that there was strong growth in the number of employers hiring MBA graduates last year in many regions. And this growth is set to continue into 2012.
The Graduate Management Admission Council (GMAC) recently released its 2011 Year-End Employers Poll, for which it surveyed 229 hiring managers at 216 companies. The findings were generally optimistic, and show that in 2012, a majority of the companies surveyed are planning to either keep hiring at levels consistent with 2011 levels or increase hiring overall. GMAC found that this trend will be especially good for business school graduates: 74% of the companies surveyed were planning on hiring MBAs in 2012, compared to just 57% last year.
The GMAC report also found that up to a third of the companies surveyed plan to increase base salaries, through raises and additional perks, in 2012.