The old adage that ‘experience counts’ appears to be ringing true for those looking to get ahead of the curve when seeking a graduate role. Employers are taking the risk out of choosing new talent and opting to employ those who have proved a time-served initiative and gained good work experience within their company.
This move is in stark contrast to the policy to take on university graduates who have knowledge and understanding of a subject but now appear to lack the business skills and on-the-job training which their academic achievements can not buy.
Employers are therefore urging the youth generation to be flexible in the approach to getting their chosen career job and to think about the possibility of work experience as a route in.
The report recently completed by High Flyers in just six years the number of graduate jobs being awarded to candidates who have already worked at the organisation either through sponsorship, placements or internships has doubled to 36%. The report also suggests that this trend is set to continue as hard-pushed companies strive to find talent with minimal complications.
Martin Birchall, director of High Fliers Research, said the trend was a by-product of the recession and reflected a preference among employers for candidates who had already proved themselves.
‘This latest research confirms that taking part in work placements or internships while at university is now just as important as getting a 2.1 or first-class degree,’ he said.
And he added: ‘Graduate recruiters warn that in a highly competitive job market, new graduates who’ve not had any work experience at all during their studies are increasingly unlikely to be offered a good graduate job after university.’
If you would like some advice and help about local companies seeking talent and offering work experience, contact Bond Williams today!