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Decisions after School or College… Simon Reichwald - CEO Bright Futures @ brightfuturesNT. What students need to know about. University, Careers & that word ‘Employability’. A bit about me & Bright Futures. Student Recruitment AGR Advisory Council YEUK Advisory Board Global & SME Employers
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Decisions after School or College…Simon Reichwald- CEO Bright Futures@brightfuturesNT
What students need to know about University, Careers & that word ‘Employability’
A bit about me & Bright Futures • Student Recruitment • AGR Advisory Council • YEUK Advisory Board • Global & SME Employers • A bit about the Bright Futures Society (NFP) • Student Empowerment & Personal Responsibility • 60 Universities • 2013 Launched Societies into Schools
The Media Hype.... New graduates face tougher struggle in their search for jobs Local Government Association figures show regional variations in job availability as almost half of graduates are still looking for work after three months The Guardian Up to a fifth of graduates 'without work' after university A fifth of students are being left without a job six months after graduating from some British universities, according to official figures. The Telegraph Graduate unemployment levels on a par with school leavers Latest data shows 25% of 21-year-olds who left university with a degree in 2011 were unemployed compared with 26% of 16-year-olds with GCSEs The Guardian Graduate unemployment at highest for over a decade [BBC News]
The Media Hype....good news A study, by High Fliers Research, of 100 major firms says there will be a 9% rise in this recruitment - about 1,400 extra jobs – Jan ‘14 Graduate vacancies at five-year high, suggests research – BBC 2014 Networking and work experience are best ways into graduate jobs [HRmagazine.co.uk] Work experience and networking key to graduate jobseekers [Chartered Management Institute] Graduates with industry placements more employable Pareto Law Warning over engineering shortage A report warns that the UK needs to increase the number of science, technology and engineering graduates it produces by 50%. BBC News Rise in number of Scotland's graduates in permanent jobs BBC
51.6% of Graduates in FT Graduate Employment – 6 months after graduation 51.6% Average of 83 applications per vacancy 83 33% of graduate roles filled by placement or internship candidates >60% graduates receive a 2:1 or better 1/3rd >60% 110,000 Freshers with 320 UCAS points 110,000 Average graduate salary as £18,345-£22,535 & £26k Almost 350,000 new graduates each year 350,000 c£18-26k
Some School, College & University Recruitment Trends Opportunities for Graduates are UP School Leaver & Higher Apprenticeship are UP More routes into employment & a good career So what are the right option for each of your students? ‘Simon’s 3 Reasons for going University’… NUS research – 79% ‘Why are you going to University?’
Becoming ‘Job Competitive’ • Differentiate • 1/3rd Graduate Recruiters do not fill all roles • A key reason is lack of skills • CBI Report on the need for more ‘rounded and grounded’ young people, ‘not just an exam factory’ • Academic success is no longer enough for employment
Making the best career choice • 47 x 47 x 47? • So it’s worth making the right career choice…
Career & University Options Where to start? Which University? Careers Web content- www.allaboutcareers.com Careers Video Content - Where to start... Connect with employers face to face & Online e.g. Linked In Find out what is out there What do those employers seek when recruiting? What roles play to your strength? Major Graduate Employers (<10%) and SMEs
How to Stand out Today? • What more do employers look for now…
Prepare examples of these! What Competencies do I need?
Further Areas for Student Development • Knowledge – not need to know it all (as world changes too fast), but know how to find out things • Attitude – open to learning and trying new things • ‘Extra’ Employability skills (e.g. self management, commercial & customer awareness, agility, resilience, collaboration, being networked) • Strengths – knowing yourself & what you do well • Global Perspective – interested in the experiences of others and global developments And then learn how to EVIDENCE IT
How can we all help them? • Differentiate themselves, with their STORY • Cannot rely on academic achievement alone – extra curricula • Make the most of the opportunities & experiences School, College & University offers – students need to start taking action now! • Build knowledge of careers options, skills & employers ‘contacts’ • Make it ‘fun’ & Empower them…
Actions from today... simon@brightfutures.co.uk www.brightfutures.co.uk “Will it make the boat go faster?” Start at Bright Futures School Society…?