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Graduate job seekers seeking cash

2011’s graduates have money at the centre of their job seeking concerns. The Hay Group is a management consultancy who believes there is good news for the graduates. They expect average graduate salaries to be higher than students are expecting. Recruitment consultancies may be able to pleasantly surprise graduates with the job offers out there.

The reward information consultant at Hay Group, Christopher Smith, said, “The economic climate is clearly influencing graduates’ career decisions. Acutely aware of the difficult labour market and rising living costs, they are looking for a career path that makes financial sense first and foremost. Idealistic factors barely come into consideration.”

Smith also said, “Confronted by an uncertain outlook, graduates have lowered their remuneration expectations well below what they can expect to earn in the main functions of the UK’s largest graduate employers.”

Data on salaries was put together looking at 10,000 graduate wages in more than 600 mid to large size private sector employers in the UK.

The education system should focus on workplace preparation, says the Centre for Social Justice

A major obstacle to the jobless crisis in the UK is the poor attitude towards work by the long term unemployed, according to the Centre for Social Justice, a non-profit think tank. When school leavers are not mentally prepared for working, it can be hard for recruitment consultants to help them.

A survey and employer interviews revealed that commitment to working hard, punctuality and presentation are more important than literacy and numeracy skills when it comes to entry level jobs. These jobs include jobs in hospitality, catering, retail and manufacturing. These jobs make up approximately 33% of Britain’s workforce.

Based on the research, employers would pass on candidates who had poor attitudes to work and who’s presentation left a lot to be desired. The Centre for Social Justice is campaigning for the amendment of the education system to incorporate education strategies that would instil a sense of responsibility into teenagers.

Gavin Poole, the executive director of the Centre for Social Justice, said, “Many employers told us that they believe students should leave education “work ready” and that currently too many students fall short.

He continued to say, “Timekeeping, self-awareness, confidence, presentation, communication, teamwork and an ability to understand workplace relationships are too often below the standard required, particularly in younger job seekers.

1 in 10 students jobless after graduation

Recruitment offices have their hands full at the moment, with approximately 20,000 students unemployed six months after graduation, which is a 50pc increase on the numbers recorded before the recession hit. The data released by the Higher Education Statistics Agency also shows that a record 83 graduates are applying for each graduate position.

The hardest hit have been those seeking employment in media and computing fields, with one in seven graduates having to resort to job seekers allowances.

Thousands of graduates have also been forced to take low skilled jobs to make a living whilst looking for a job in the field of their studies.

Mr David Willetts, the Universities Minister was hopeful for an improvement, and said, “The graduate jobs market is showing encouraging signs of improvement, with an increase in employment for the first time since the beginning of the recession.”

“However, new graduates still need to work hard to maximise their chances of success. The higher education White Paper outlines proposals that will deliver a greater focus on graduate employability.”