May 11, 2021
Gen Z is the largest generation in human history, and over the next 10 years, 1.3 billion of its members will enter the global workforce. However, the Covid-19 pandemic has meant that this new generation of graduates is entering one of the toughest job markets in decades. More →
July 22, 2020
Many of this year’s graduates finished their degrees online and are due to enter the workplace amidst a tumultuous jobs market, however, fewer graduates felt like their university had prepared them for the workplace this year, with only 15 percent reporting that they felt completely prepared (down from 18 percent last year). Graduate jobs board Milkround’s survey of nearly 3,000 students, graduates and young workers has revealed that 10 percent of the next generation of workers feel wholly unprepared for the workplace after their degree. More →
March 29, 2019
The economic performance of UK cities is increasingly dependent on the skills of their workforce. Cities across the UK face the challenge of both attracting and retaining high-skilled talent. The Great British Brain Drain investigates migration within the UK, specifically within cities. It finds that many university cities lose their graduates to London, with this movement especially strong for the highest performing graduates with 2.1 or 1st class degrees from Russell Group universities. Despite this, most university cities experience a ‘graduate gain’: they gain more graduates than they lose.
November 21, 2018
Small and mid-sized businesses have hired three times more people than larger businesses over the past five years and could overtake large companies by 2030, according to new analysis of the latest ONS data commissioned by Santander Business Banking. However, separate research commissioned by the bank has found that significant numbers of young people are failing to recognise the significant job opportunities that SMEs offer. Just a third (35 percent) of Generation Z and Millennials leaving full time education say they wish to work for an SME, while an even smaller proportion, just one in six (18 percent), want to work for a start-up or micro business. More →
October 25, 2018
Impostor syndrome is holding female graduates back from earning as much as their male counterparts as new research from Milkround claims that women have lower salary expectations than men, with one third thinking they’ll earn under £20k. Despite a third of graduate’s belief that confidence is the top skill they need to excel in their career, a lack of confidence is holding back more women (41 percent) than men (28 percent). One in three (33 percent) women are worried about low pay and think they’ll earn under £20k in an entry level role, compared to less than a quarter (22 percent) of their male counterparts. More →
May 13, 2016
Millennials entering the workforce want employment that offers meaningful work, ongoing learning opportunities and a fun workplace culture. This is according to a new study by Accenture on the workforce of the future which reveals that new graduates are increasingly digital, embracing new technologies, both to find work and on the job. The fourth annual Accenture Strategy 2016 U.S. College Graduate Employment Study found that the majority (70 percent) would rather work at a company that provides an employee experience built on a positive social atmosphere and receive a lower salary – up 10 percent on last year’s graduating class. Almost all (92 percent) of 2016 graduates said it is important to be employed at a company that demonstrates social responsibility. They are also three times as likely to prefer to work for a small or medium-sized company (44 percent), versus a large company (14 percent), indicating their preference for a smaller team environment.
March 21, 2016
There’s been a lot of assumptions and predictions made about Millennials, and the upcoming generation of workers dubbed Gen Z. They’re alternately spoilt with a sense of entitlement or have a zeal for change and strong social conscience. So while there is a danger of stereotyping this diverse group, employers still need to work out the best way to attract and retain the most talented. Today’s graduates have enjoyed much higher quality university accommodation and facilities than previous generations, and the flexibility of the modern day campus is clearly influencing their work choices. Unlike the generation before them, recent graduates place double the importance on flexible work and work-life balance than they do on their earnings to chart their success. A Bright Network study of over 2,000 of the country’s top graduates also found that high priority was placed on a clear path for advancement over and above high earnings.
August 14, 2023
The Young Furniture Makers exhibition, a special one-day event showcasing furniture, lighting and textile designs from emerging designer-makers to employers and key players in the furnishing industry, returns to the City of London this October. The event, organised by The Furniture Makers’ Company, the City of London livery company and charity for the furnishing industry, will take place on Wednesday 11 October at Furniture Makers’ Hall and the Dutch Church in Austin Friars, London. More →
June 6, 2023
Most UK business leaders say that higher education doesn’t fully prepare graduates for the workplace, according to a new poll from Multiverse. Yet the survey also suggests that over half (54 percent) of senior leaders at those companies still require degrees for entry-level roles. The findings, which come as part of a global report into business leaders’ attitudes to on-the-job learning, show just a third (32 percent) believe a graduate’s degree grade is one of the top three indicators of their potential. This comes as almost twice as many (59 percent) say they actually learned more valuable skills during their first two years in the workplace than they did during university. More →
September 1, 2022
New research from ECI Partners, a private equity firm, suggests that HR leaders believe the most prominent hiring challenge they currently face is a lack of technical skills and knowledge. Nearly a fifth (18.3 percent) of managers said this was their single biggest obstacle, highlighting the growing concern over the UK’s skills gap. The current labour shortages prompted by a range of factors including Brexit and Covid-19, appear to have further widened the skills gap for recruiters. More →
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July 6, 2022
Hybrid working can help graduates succeed
by Lindsey Rowe • Comment, Flexible working, HR