9 out of 10 companies can't find quality graduatesNews
A new report has found that graduate employers are struggling to find appropriate and quality graduates for this year’s recruitment cycle.
As the economy begins to pick up, more graduates vacancies are becoming available. However, research conducted by the Association of Graduate Recruiters has found that employers are struggling to find appropriately skilled or 'work-ready' graduates. Employers are particularly struggling to recruit university leavers in areas like Electrical and Electronic Engineering, General Management and IT, leaving employers competing to attract the most talented graduates.
The research discovered that 87% of graduate employers still had vacancies for this year across a range of sectors, despite particular sectors struggling. Graduates have faced criticism for adopting what was referred to as a 'spray and pray' means of applying for jobs; with some employers even noting the graduates submitting applications with the wrong company name on.
Speaking about the report British Chambers of Commerce's Adam Marshall said 'During the downturn, businesses had a wider pick of candidates. Now the labour market has tightened we're seeing evidence of sparring for highly qualified graduates and poaching returning to sectors such as engineering and manufacturing.'
Employers struggle to find graduates
- 87% of employers still have vacancies
- Vacancies across all sectors
- Higher amount of vacancies in Engineering, IT and General Management
Chief Executive of the AGR, Stephen Isherwood, argued the competition was transforming the world of graduate recruitment into a 'seller's market'. Isherwood said 'You could see the start of this last year. That, combined with the demographic shift, that means there are fewer 17 to 24-year-olds means there is a growth in graduate vacancies but the talent pool is decreasing. In 2006, about half our members couldn't fill all their vacancies. We’re getting back to that pretty quickly. Employers would rather hire nobody than the wrong person.'
Isherwood was keen to emphasise that graduates should be putting a lot more time into applications than the research has found. Isherwood said 'First impressions really do count. I'd urge all graduates to really research sectors and roles that they're applying for, tailoring each approach to show why they want that particular job and what they can offer.'
The Confederation of British Industry's Head of Employment, Rob Wall, believes graduates are still attractive options for companies to apply for. Wall said 'Demand for graduates is growing with more employers looking for people with higher skills, leadership and management ability. Firms want to recruit young people with the attitudes and attributes that are essential for success, such as resilience, enthusiasm and creativity. It is work readiness and work experience that will give graduates a head start.'
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