Graduate recruitment opportunities at a ten-year high in the UK
It’s great news for graduates. According to recent research, the first of the students that paid the higher tuition fees will graduate in the most lucrative recruitment market for more than a decade. The attractive graduate job market in the UK in 2015 includes an increase in the number of jobs available and better starting salaries at many of the country’s top employers.
According to a study compiled by High Fliers Research, an independent research firm which specialises in the recruitment trends of students and graduates, those graduating from university this year, including the first undergraduates who paid the higher rate of tuitions fees of up to £9,000 a year, will be paid better salaries when they begin work.
The Graduate Market in 2015 research analysed the vacancies for graduates and the starting salaries at Britain’s leading 100 employers.
A salary increase
The study unveiled that during 2014 graduate salaries rose by 7.9% and that in 2015 many of the UK’s leading employers are set to increase the number of vacancies for graduates by 8.1%.
The industries on target for the biggest growth in graduate recruitment are banking and finance, accounting and professional services, retail, the public sector and the Armed Forces.
The study also found that for the first time ever, university-leavers’ salaries will reach an average of £35,000.
Talking about the growing confidence within the British economy and the graduate jobs market, University Minister Greg Clark said:
“Confidence in the economy continues to grow, and this is reflected in the fact that Britain’s top companies will recruit more graduates this year than they have for a decade.”
“This report will be warmly welcomed by the record number of students who started university this year and highlights how a degree remains one of the best routes into a rewarding career,” Clark added.
Planning and preparation
If you are graduating from university this year or are a graduate looking for work, the key to recruitment success is planning and preparation.
When it comes to graduate recruitment, it’s never too early to start making contacts that could prove invaluable in your job hunt.
Circulating your CV to the top companies and firms within your desired industry often results in your details being put onto their database and the employer contacting you if anything suitable comes up.
Not only this, but more often than not, someone from the company will reply to you, thanking you for your interest in their company and giving you a vital company contact.
As the High Fliers’ Study states, two-thirds of the UK’s leading graduate recruiters are now offering paid internships during the holidays for final-year students. Furthermore, half the employers’ who participated in the study said they make industrial placements available as part of degree courses.
Participating in internships can be a great way for graduates to earn vital work experience and ‘get their foot’ into a company’s door.
It therefore might be valuable to include an internship as part of your graduate recruitment planning.
Make contact with a recruitment agency
Many recruitment agencies post graduate vacancies on behalf of employers. Getting in contact with an agency and explaining your situation, such as you are soon leaving university, could be a vital way to ensure you hear about potential jobs when they first come on the market, and put you in a better position to finding your perfect graduate job.
Adria Solutions is committed to helping graduates find the right career path and assisting employers fill vacancies with suitable graduates. If you are a graduate or are graduating in 2015 get in touch with Adria Solutions. Our friendly and expert team of recruiters will discuss all your graduate employment requirements in the North West.