Recruitment

Graduate recruitment programs must keep pace with student career aspirations – FE News

According to a new study, the traditional 18-month graduate recruitment programs favored by large employers need to be modernized to remain relevant post-pandemic.

Raisedthe online talent platform for EFMD, surveyed 1,099 business school students in March 2022 about their career aspirations. While a majority (82%) are interested in graduate programs, more than a third (37%) indicated that they are becoming outdated and outdated.

The top reasons cited are lack of relevance to career development (29%), a desire to make a career more meaningful and meaningful (24%), pay levels (20%) and programs too long (20%).

Dr. Amber Wigmore Alvarez, Director of Talent at Highered, comments: “While there is no doubt that recruitment programs at large organizations are always popular with graduates, the pandemic has had a noticeable impact on the career aspirations of graduates. Employment in a company is no longer the automatic route and there is a clear desire among some to forge a very personalized career path, such as launching or joining a start-up.

In the study, almost three-quarters (73%) said they would consider joining a start-up. The top six reasons are learning opportunities (67%), being more innovative (53%), early responsibility and autonomy (48%), more opportunities (46%), a culture positive and diverse (41%) and greater openness to flexibility. /teleworking (40%).

Conversely, the benefits of a corporate recruiting program were seen as growth opportunities (77%), learning opportunities (62%), more opportunities in the organization (56%), prestige of the graduate program (53%), employer branding (48%) and compensation (42%).

An overwhelming majority (87%) have seen personalized graduate programs where the locations and functions undertaken during the program could be chosen as more relevant and engaging. Across the study, the majority (80%) said they were attracted to remote work opportunities.

Dr Amber Wigmore Alvarez concludes: “The global employment outlook is dominated by The big overhaul – vacancies are high and it’s definitely a job seekers market. Graduates seek flexibility around work models and tangible opportunities for learning and personal growth. The pandemic has shown that there are other ways to work and graduate recruitment programs need to think about how they can adapt to attract the best global talent.