In recent years, as study abroad professionals have come to focus more squarely on the question of what students are in fact learning abroad, there has been increasing speculation about the extent to which study abroad increases prospects for employability following graduation. Common wisdom has it that undergraduates who study abroad have an advantage over those who stay at home. A second piece of conventional wisdom somewhat tempers this optimistic view about study abroad's likely role in enhancing employability. It is commonly held that CEOs and presidents value studying abroad more than the human resource professionals and others in their firms who make the hiring decisions. The authors designed and carried out a research study to explore employers' attitudes toward study abroad. The study's results provide significant support for the belief that employers value study abroad in hiring recent college and university graduates--particularly certain classes of employers. The data both enriches one's understanding of employer attitudes about study abroad and points out several steps that can be taken to strengthen the connection between student learning abroad and enhanced possibilities for gainful employment following graduation. The data strongly suggests that human resource professionals and others responsible for hiring employees are in fact more likely to value study abroad than are CEOs and presidents. (Contains 3 tables and 11 notes.)