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Employers and employability Terence Perrin Chairman Association of Graduate Recruiters – AGR

Employers and employability Terence Perrin Chairman Association of Graduate Recruiters – AGR. Agenda. Introduction to AGR Recruitment landscape - key findings from latest AGR salary and vacancies survey Defining employability What employers look for in graduates

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Employers and employability Terence Perrin Chairman Association of Graduate Recruiters – AGR

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  1. Employers and employability Terence Perrin Chairman Association of Graduate Recruiters – AGR

  2. Agenda • Introduction to AGR • Recruitment landscape - key findings from latest AGR salary and vacancies survey • Defining employability • What employers look for in graduates • How the university sector can help to address the skills gap

  3. About the AGR • Founded 1968 – not for profit membership organisation • Set the agenda for change in graduate recruitment and development • 800+ members (FTSE 100, Public Sector, Charities, Universities and Suppliers) recruiting c.30,000 graduates annually • Services – research, training, conferences, information and advice, networking and representation • www.agr.org.uk

  4. UK Median starting salaries by sector - 2010

  5. Changes in vacancies by business sector

  6. 2000 14.7% 2001 14.6% 2002 -6.5% 2003 -3.4% 2004 15.5% 2005 5.1% 2006 5.1% 2007 12.7% 2008 0.6% 2009 -8.9% 2010 8.9% -15.0% -10.0% -5.0% 0.0% 5.0% 10.0% 15.0% 20.0% Graduate vacancies – the last 10 years

  7. Latest news – UK hiring predictions for 2011 • Same volume – 37% • More graduates – 50% • Fewer graduates – 13%

  8. Shortfall in meeting 2010 recruitment targets

  9. What do we mean by employability? • “No such thing as a career path. Its crazy paving and you have to lay it yourself” • “A degree is merely a license to hunt.” • “Hire for attitude first and specific skills second” – Winter and DiRonualdo – Manifesto for the New Age Workforce • The ability to get a job, do it well and then get another job

  10. What do employers look for in graduates? • A good degree plus……. • Previous experience • A good job application • Employability skills - specific skills for the job - generic work skills • Personal attributes – all about self • Summary – “everything….and more!”

  11. What can universities do to improve employability? • Make the university experience be more like the world of work • Engage with students from day one if not before • Encourage students to gain work experience • Help students to reflect on what they have learnt • Embed employability in the curriculum • Employer engagement • Build an effective careers guidance service • Provide tough love

  12. Why stakeholders should work together • Higher Education – meeting student expectations, prevent disillusionment, improve participation and widen access, enhance institutional reputation • Students – better, most satisfying careers • Employers – more efficient recruitment, avoid shortfalls, more effective contribution to business success

  13. Final thought…. • To be employed is to be at risk; to be employable is to be secure

  14. www.agr.org.uk

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