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This chapter is part of a book based on the findings of a comparative study of the relationship between higher education and employment three to four years after graduation. The Career after Higher Education: a European Research Study (CHEERS) questioned graduates in 11 European countries and Japan about their socio-biographic background, course of study, transition to employment, current employment situation, competences and job requirements, job satisfaction, and regional and international mobility. This chapter provides an overview of the transition from higher education to work in the CHEERS countries. The first section examines key indicators of the transition period, for example job search behaviour and employer selection criteria. In the following section, relationships between different indicators of the transition process are explored. Finally, the authors look at the effects of a smooth or difficult transition process on labour market outcomes.