For
Graduates, What Will Employers Do For You
For too long the graduate-recruiter
relationship has been viewed as a one-way conversation with
graduates competing for the attention of recruiters but the
tables are turning and recruiters are investing more time and
money to attract the best graduates in the war for talent.
Getting Your Attention
According to a 2007 survey, recruiters were
predicting a median spend of £68,000 on the graduate
recruitment market. In terms of where this money is spent,
there is an increasing focus online with more than three
quarters of employers planning to use online promotions to
contact candidates this year.
What does this Mean for
Graduates?
The shift to online methods of reaching out
to graduates has meant that recruiters are using more
technologies to contact graduates. With blogs, podcasts and RSS
feeds all becoming an essential part of the process, recruiters
are increasingly focused on impressing graduates by offering an
inside view of what it is really like to work for them. When
faced with a number of different companies, graduates are going
to be more interested in the company who has invested more time
and effort into their website than those who haven’t.
All of these new technologies can allow
graduates to gain a clearer picture of what a particular
company is like. Use them wisely and they could become some of
the best careers research you ever do.
Golden Hellos
The war for talent doesn’t end at the
application stage. Once an employment offer has been made, a
number of recruiters also offer generous sign-on bonuses as an
additional incentive to sign on the dotted line. Research shows
that over 35% of employers were planning to offer a lump-sum
payment in exchange for committing to work for them. These
sorts of offers are often limited to City employers but with
the median payment expected to be around £2,000, if they are
available it could be a valuable way to clear some student
debts before you start work.
Corporate Social Responsibility
With research revealing that graduates are
interested in the ethics of potential employers, choosing an
organisation who ethical principles match your own could be one
way to take something back.
With more and more employers developing
corporate social responsibility (CSR) projects that allow
graduates trainees to get involved in everything from
environmental projects to after school reading clubs, it is
worth taking a look at what is on offer.
With the increasing importance of corporate
social responsibility, joining big business doesn’t necessarily
mean checking your ethics at the door. By choosing an employer
committed to CSR you could take more than just a pay cheque
from your new career.
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