Simultaneous recruiting of new graduates or periodic recruiting of new graduates (新卒一括採用 Shinsotsu-Ikkatsu-Saiyō) is the custom that companies hire new graduates all at once and employ them; this custom is unique to Japan and South Korea. The Japanese post-war economic miracle spread this custom among many companies in order to produce steady employment every year.
In Japan, most students hunt for jobs before graduation from university or high school, seeking "informal offers of employment" (内々定 nainaitei) one year before graduation, which will hopefully lead to "formal offer of employment" (内定 naitei)
six months later, securing them a promise of employment by the time
they graduate. Japanese university students generally begin job hunting
all at once in their third year. The government permits companies to
begin the selection process and give out informal offers beginning April
1, at the start of the fourth year. These jobs are mainly set to begin
on April 1 of the following year.
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