Cut Throat Competition
Students graduating this summer are going to face even tougher competition for top jobs thanks to the Credit Crunch. Report by Helen Saunders.
Due to the economic downturn, finding that ideal job will be far harder for this year’s 270,000 graduates than for previous ones. Many graduate recruiters will be cutting back on large-scale ‘milk round’ schemes, meaning that graduate placements will be harder to find, and more competitive too. Similarly, initial starter packages will be reduced, although the average starting salary for 2008 is expected to be around £24,000. Although some industries, like banking and construction, have been particularly badly affected, others have not. In fact, capacity in public sector roles has increased and the stability of a career such as teaching has proved very attractive to many graduates. Other jobs that have high job stability include software testing and computer developing. Some sectors are even experiencing growth, such as pharmaceuticals and insurance firms. Even if your ideal job is not advertised, you should remain flexible over your career decisions. Mike Hill, chief executive of Higher Education Careers Service Unit (HESCU) admits that, ‘we have a record number of graduates successfully pursuing a wide variety of career options, not necessarily related to their degrees, with big gains across many subject areas’. By taking employment, even if it is second best, you will still gain transferable skills that will benefit an application to your perfect job. So, want to get ahead of the crowd? Browse through our job section to find the job of your dreams.
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EMPLOYERS
| Aspen Re | The Aspen Group is a leading specialty insurance and reinsurance c... | more |
| VT Group | VT Group has been operating a successful graduate scheme since 200... | more |
| Durham Business School | Durham Business School offers a broad portfolio of Masters Degree ... | more |
| Cambridge City Council | Cambridge is a vibrant city and is a great place to live, work and... | more |
| Royal Bank of Scotland (RBS) | With a market capitalisation of over £50 billion, The Royal ... | more |
| BUNAC | BUNAC’s overseas work and volunteer programmes offer adventu... | more |
| Grant Thornton LLP | We’re the UK’s fifth largest accountancy firm, with 29... | more |
| Government Legal Service | The Government Legal Service (GLS) is the collective term for the ... | more |
| Corus | Corus metal is used globally in projects such as the new Grand The... | more |
| Deutsche Bank | Deutsche Bank is a leading global investment bank with a strong an... | more |
LATEST JOBS
| Title | Organisation | Apply by |
|---|---|---|
| KTP Associate - Sellafield Ltd | Knowledge Transfer Partne... | 30 Jan 2009 |
| Graduate Product Manager | RM | 30 Sep 2009 |
| Graduate Field Support Engineer | RM | 30 Sep 2009 |
| Graduate Marketing Consultant | RM | 30 Sep 2009 |
| Graduate Software Developer - Cambridge Assessment | RM | 30 Sep 2009 |
| Graduate Software Developer - Learning Platforms | RM | 30 Sep 2009 |
| Graduate Software Tester | RM | 30 Sep 2009 |
| KTP Associate - Graphite Resources | Knowledge Transfer Partne... | 23 Jan 2009 |
| The Catalyst Programme: Personal and leadership development ... | Embercombe | 03 Apr 2009 |
| Development Chemist/Materials Scientist | Knowledge Transfer Partne... | 16 Jan 2009 |
CASE STUDIES
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Case Study - Karen Cross - Yorkshire WaterThe way the programme is structured means that you are able to undertake a wide variety of roles across the business. This breadth of knowledge is invaluable in your future career. The three core placements in Production, Distribution and Asset Management help you to cover the basics which give you the knowledge to build on for future placements during the rest of the programme. ... more |
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Assif Yousif - Structural engineer - MouchelI’m a structural engineer working for Mouchel in partnership with Costain on the Yorkshire Water / AMP4 Water and Waste Water Projects. ... more |
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Frank Bachmann - Assistant Management Accountant - Salford PCTMy main reasons were to improve my employability and gain valuable experience in a foreign country. I also wanted to make international friends and find out more about different cultures and mentalities ... more |
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Mairi Gemmell - Treasury Front Office Manager - Scottish PowerTreasury is responsible for protecting the group from interest rate and foreign exchange exposures, and for managing the group’s cash flows. As Treasury Front Office Manager I am responsible for ensuring all trades are undertaken to close out known group exposures. ... more |
ADVICE
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NAILING THAT POSITION - TOP TIPS FOR GETTING PICKED FOR GRADUATE TRAINING SCHEMES. If you’re currently stressing over applying for and going for interview... more |
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BLOG: ALL THE JOBS I'VE NEVER HAD Struggling to find a graduate job? Don’t worry you are not alone.... more |
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If you want to dodge the crowds and do your Christmas shopping online,... more |
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When it comes to choosing a career, Purchasing (or Procurement) and Supply... more |
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