A study was conducted by Central Piedmont Community College (CPCC), in North Carolina, to determine the perceptions of employers of CPCC graduates regarding the graduates' level of preparation. Questionnaires were sent to 160 employers who had CPCC graduates in positions related to their graduates' academic programs and for whom graduates had given permission to contact. Responses were received from 104 employers for a responses rate of 65%. Study findings included the following: (1) when comparing CPCC graduates to other entering employees, 92.4% of the employers rated CPCC graduates as good or very good in terms of their ability to learn on the job, 91.4% rated them as good or very good on their attitude toward work, and 88.6% did so with respect to both their ability to work with others and their preparedness; (2) employers ranked CPCC graduates the lowest with respect to writing skills, with 80.8% rating graduates as good or very good, and oral/listening skills, with 78% rating them as such; (3) communications skills were also mentioned frequently in the comment section as an area needing additional training; (4) 95.2% said that they would hire another CPCC graduate "without reservation" and 4.8% indicated that they would hire another CPCC graduate, but "with reservation"; and (5) areas for improvement cited by employers included ensuring that training utilizes the latest technology and emphasizing on-the-job training and practical experience. (A list of employers is appended.) (KP)