Originally Posted by yjeezle
recent grads aren't worth anything to be honest unless you're from a specializing like engineering and etc. where you have some of the core skills. even then, it's a little iffy.
I know a lot of companies pay for 1-3 months of full training @ salary (like 70-80K). A lot of the times, these grads are pretty much learning something new and aren't really applying anything from their education.
Fresh out of school guys actually do contribute a lot, all my friends are in engineering (as I was in engineering, though never did an engineering job, straight to finance). Maybe it takes them 3 month to gets the hands on (or longer depends on what exactly), but the pay off is there.
Bank's internal IT department (the guys who write applications, not the call center fix some outlook/excel issue) works more like software firm these days (though a poorly organized in a lot cases). You can easily see a fresh out of school guy worth a lot more than the guy who has been doing it for 10 years in about 2 month or less. At least that was my experience.
Silicon valley are built by fresh out school as well as some seasonal guys. If I was ever to start a software firm, I would not hesitate to pay decent salary for fresh out school bright kids.