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Jane Artess & Jill Sandford. the promise ? delivering.

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Presentation on theme: "Jane Artess & Jill Sandford. the promise ? delivering."— Presentation transcript:

1 Jane Artess & Jill Sandford

2 the promise ? delivering

3 most research into the graduate market focuses on student perception

4 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

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

6

7 induction

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

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

10 “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

11 leadership and management

12 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

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

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

15 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

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

17 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

18 pay gap

19 (2 0 0 4 – 2 0 0 8 cohorts ) median salary £25,100£25,100 graduate training vs.vs. £18,114£18,114 scheme median non- graduate training scheme median

20 the pg premium £24,400£24,400 with postgrad vs.vs. £22,800£22,800 qualification median without postgrad qualification median (2 0 0 4 – 2 0 0 8 cohorts )

21 pay and graduate training

22 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

23 the gender pay gap

24 male female gender pay comparison

25 perception gap the

26 “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.”

27 training & development gap the

28 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…

29

30 which professions are the most satisfied with t&d ?

31 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%

32 gap progression

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

34 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

35 csr gap the

36 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

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

38 % 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

39

40 conclusions

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

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

43 graduates want to innovate but half feel stifled

44 progression for many does not meet expectations

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

46

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


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