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Graduate market update

Graduate market update. Stephen Isherwood Chief Executive. The apprentice levy effect. Higher skilled labour force. Source: Supply & demand for higher skills, UUK 2015. Vacancies unfilled – in a recession!. %. Percentage of graduate recruiters with unfilled vacancies

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Graduate market update

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  1. Graduate market update Stephen Isherwood Chief Executive

  2. The apprentice levy effect

  3. Higher skilled labour force Source: Supply & demand for higher skills, UUK 2015

  4. Vacancies unfilled – in a recession! % Percentage of graduate recruiters with unfilled vacancies Source: AGR Winter Surveys

  5. Unfilled vacancies by sector

  6. Why?

  7. Did you know… 75% of AGR employer members don’t stipulate a degree discipline

  8. What do employers want? • An ability to work collaboratively with teams of people • Excellent communication skills: both speaking and listening • A high degree of drive and resilience • An understanding of the political, economic, commercial issues affecting an organisation • An ability to embrace multiple perspectives and challenge thinking • A capacity to develop new skills and behaviours according to role requirements • A high degree of self-awareness • An ability to form professional networks • An openness to and respect for a range of perspectives • A willingness to play an active role in society at a local, national and sometimes international level.

  9. Or put more simply… • Can work with and get things done with other people • Practical intelligence to think through problems clearly and deliver solutions • A passion for your chosen industry/career • The resilience to do difficult – sometimes dull – work in challenging, changing circumstances

  10. Millennials get to work Student life • The student as consumer • Clear tasks • Flexitime • Quest for perfection • Peers Employee life • The employer as consumer • Ambiguous tasks • Working week • Quest for efficiency • Hierarchies

  11. The skills gap Sources: CBI Education and Skills Survey 2014; Prospects and Work Ready Graduates, 2015. Exact wording of categories varies between surveys e.g. top green bar is “self-management/resilience” in CBI survey.

  12. Here are gaps in skills training

  13. Selection “GPAs are worthless as a criteria for hiring, and test scores are worthless — no correlation at all” Laszlo Bock, Senior Vice President of People Operations, Google

  14. 3 in 5 firms are addressing diversity

  15. Social mobility • Remove academic criteria • Blind CVs • No personal details • School details • University details • Grades • Contextualised data • Unconscious bias training

  16. Fewer 18 yr olds for the next 5 years

  17. Jinjer Kandola Executive Director of Workforce & OD

  18. Session outline • What are employers looking for? • Have you considered the NHS? • Helpful tips.

  19. So what do employers look for? • Potential • Drive and enthusiasm • Communication skills • Team working • Values – VBR

  20. VBR – why values • What is VBR • VBR –screener • When selecting a role – two process

  21. Have you ever considered the NHS? • 5th largest employer in the world • 1.7 million people directly employed • Over 350 different careers • Over 2000+ roles • One of the best graduate management schemes in the country • Every day is different

  22. Don’t take my word • https://youtu.be/PKlNwKFWciU

  23. Some helpful tips and pointers • Research the role – research the company • Have a plan – be in control • Be proactive – think about what you want & need • If its not working – talk about it – what can you change?

  24. Some helpful tips and pointers • Manage your brand • Think before you post -

  25. Finally

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