Jane Artess & Jill Sandford

the promise ? delivering

most research into the graduate market focuses on student perception

graduates from 130 participating employers responses 24,500 sample 13,500 graduates from 2003 – 2008 eligible Graduate Prospects registrants sent link to online survey in january annual survey - every november

job opportunities on offer, why did graduates choose their employer ? aside from - leading organisation ? - reputation ? - recommendation ?

induction

first impressions count… 87 % of graduates are satisfied with their corporate induction

But, only 73 % are satisfied at role level with their induction

“induction training prior to commencement of my actual role was comprehensive and very well delivered. however, when i started my job role my line manager did not know anything about the graduate scheme or really what role i had to play in his department.” once graduates leave the control of the graduate team, quality slips

leadership and management

1 / 3 of respondents feel that their management’s leadership style inhibits innovation 50 % wish they had opportunity to innovate more 1 / 3 do not feel their opinions are valued

only 61% rated communication as good or excellent and only 62% express confidence in senior management

which sectors are the most and least happy with their management ?

food and drink pharma- ceuticals wholesale and retail trade legal services public sector – local govt. banking – retail banking – investment marketing, pr and advertising % 79% 83%88%64%54%64%68% satisfaction with management

are the most and least confident about their future ? which professions

engineering professionals research professionals managementretail management science and science services legal professionals human resources and employment financial management % 76%73%76%77%54%52%59%61% confidence about the future

pay gap

( – cohorts ) median salary £25,100£25,100 graduate training vs.vs. £18,114£18,114 scheme median non- graduate training scheme median

the pg premium £24,400£24,400 with postgrad vs.vs. £22,800£22,800 qualification median without postgrad qualification median ( – cohorts )

pay and graduate training

employed in a graduate training schemenot employed in a graduate training scheme % satisfaction with pay 14%10%54%19%3% 25%21%35%9%10% satisfied very unsatisfied very satisfied unsatisfiedneither satisfied or unsatisfied

the gender pay gap

male female gender pay comparison

perception gap the

“this job was advertised as a graduate training scheme, but i have received only one and a half days of training. i feel very much that i have been taken on to fill in and take on tasks that others do not want to do, this situation would be fine if i felt i was learning or going to progress at some time, but unfortunately i feel as if i am being taken advantage of, and i have no idea whether this situation will ever change.”

training & development gap the

t&d builds loyalty: only 22 % of those whose employer is described as ‘supportive’ reported …compared with 41% of those whose employer was not only 68 % of graduates are happy with their t&d that they may move jobs once qualified…

which professions are the most satisfied with t&d ?

education and teaching professionals research professionals accountancylegal professionals human resources and employment business, economics and statistics professionals financial management % satisfaction with t&d 88%85%93%97%84% 85%

gap progression

the opportunity to progress within the job is crucial to over 90 % of graduates …but only 56 % are satisfied with their progression opportunities

respondents on a graduate training scheme are more likely to be satisfied overall with support, supervision and progression ( 73 % & 50 % respectively) than those who are not

csr gap the

61 % of respondents reported that their employer has a csr policy … …but a significant minority ( 29 % ) are unclear about this 72% cited energy saving measures as important … …but only 41 % said that their employer always promotes this

the promise ? delivering not for 1 in 3...

% 3421 = exceeded expectations 7 = not exceeded expectations 65 meeting expectations 30%10%37%13%3%2%5%27%19%21%8% 6%11% graduate scheme non-graduate scheme

conclusions

most graduates are happy – especially those on graduate schemes …but there is still a gap between expectations and reality

continued support of t & d will deliver improved retention and engagement

graduates want to innovate but half feel stifled

progression for many does not meet expectations

but remember, the majority are happy and often small changes will make a big difference

can now access full survey findings plus 5 detailed sector reports visit the Graduate Prospects stand what now ? to find out more recruiters