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The Changing World of Work: Looking Back on 20 Years of Graduate and Placement Recruitment

Join the Placenet conference in Leicester on May 16th, 2019, with Tristram Hooley, Chief Research Officer at the Institute of Student Employers, to analyze the key changes in the labor market and discuss ways to address concerns such as labor market restructuring, increased unemployment, growth of the gig economy, inequality, and shifts in job content. Explore the implications of these changes and discover strategies for meaningful encounters between students and employers. Register now for the ISE Conference and Awards event in Manchester on July 8-9, 2019.

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The Changing World of Work: Looking Back on 20 Years of Graduate and Placement Recruitment

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  1. The more things change, the more they stay the sameLooking back on 20 years of graduate and placement recruitment • Placenet conference, Leicester • 16th May 2019 • Tristram Hooley • Chief Research Officer, Institute of Student Employers

  2. 8-9 July 2019 | Manchester Registration is now open ise.org.uk/event/ISEConferenceandAwards

  3. Career deals with complexity

  4. And just in case you thought it was all too easy…

  5. ‘Changing world of work’ Analysing 30 reports 2015-2018

  6. Key changes

  7. Optimism about change • The future of work is innovative, flexible, lean. Its employees challenge hierarchies, self-organise, and readily share ideas with their small teams. Its managers re-think everything from office furniture to wellness, enabling and empowering rather than ordering and controlling. Its smart offices sense employee mood and automatically take measures to reduce stress. And its hiring practices are shaped by the new realities of skill obsolescence and a global market of talent that can easily look elsewhere for work. (van Hooijdonk & Hewlett, 2017, p.6)

  8. Concerns • Labour market restructuring (19) • Increased unemployment (17) • Growth of the gig economy (15) • Inequality (13) • Shifts in job content (13)

  9. So what can be done? Responsibilisation Competition state Restructuring

  10. Career guidance conferences • A similar analysis on 30 websites advertising career guidance conferences.

  11. What do careers conferences cover? • The world of work is changing (16) • It will be challenging (14) • Change is driven by technology (13) or globalisation (7) • The individual needs to become more agile and adaptable (13).

  12. Employment rate 1971-2019 • Insert some long run data sets

  13. Self-employment 1959-2017

  14. Changes in the proportion of people employed by sector in the USA 1850-2015

  15. So what does all of this mean? • Nothing happens quickly in the labour market. • The labour market is dynamic, complex and capable of adapting to individual changes. • Politics matters a bit (but politicians and political parties probably matter a bit less). • Technology also matters a bit, but it normally takes a while for it to impact. • If you see a rapid change you are probably either seeing the up stretch of a cycle or you are seeing part of a gradual change.

  16. But, remember…

  17. Changes in the size of the formal graduate labour market as reported by employers in the ISE recruitment survey (2000-2018)

  18. Proportion of ISE employers recruiting interns and placement students 2001-2018

  19. Our most recent respondents reported that… For interns… For placement students 53% of employers were recruiting 2,350 total hired An average of 32 per firm. 31% more than last year. Paying £18,277 Rehiring 43% into graduate jobs. . • 62% of employers were recruiting • 5,730 total hired • An average of 67 per firm • 10% more than last year • Paying £19,552 • Rehiring 52% into graduate jobs

  20. Keep calm and focus on the evidence

  21. What is a ‘meaningful’ encounter? • A ‘meaningful encounter’ is one in which the student has the opportunity to learn about what work is like or what it takes to be successful in the workplace. • Gatsby Charitable Foundation

  22. Placements are about learning: See Kolb’s experiential learning cycle

  23. Principles of effective encounters between students and employers • Clearly identified outcomes • Focus on learning • Delivered as part of a broader programme • A regular feature • Varied • Experiential • Designed and co-delivered with academic or teaching staff • Students prepared • Differentiated and personalised • Feedback and assessment

  24. Don’t • Be alarmed by the threat of change. • Assume that any one solution or explanation (technology, generation change, Brexit) has all the answers. • Rework your service, practice or approach based on future myths. • Do • Build your practice on the best evidence available. • Trust that the way things have been done in the past is a good indicator of what works. • Experiment slowly and carefully and evolve your approach.

  25. References • Andrews, D. & Hooley, T. (2018). The careers leader handbook. Bath: Trotman. • CIPD. (2018). More selfies? A picture of self-employment in the UK. London: CIPD. • Gatsby Charitable Foundation. (2014). Good career guidance. London: Gatsby Charitable Foundation. • Hooley, T. (2017). A war against the robots? Career guidance, automation and neoliberalism. Hooley, T., Sultana, R. And Thompson,r. Career guidance for social justice. London: routledge. • Hooley, T. (2019). Career guidance and the changing world of work: Contesting responsibilising notions of the future. In Peters, M.A., Jandrić, P. & Means, A.J. (Eds.) (2018). Education and technological unemployment. Berlin: Springer. • Hooley, T. & Grant, K. (2018). You’re hired! Graduate career handbook. Bath: Trotman. • Institute of Student Employers. (2018). ISE annual student recruitment survey 2018. London: ISE. • Institute of Student Employer publications available from http://ise.org.uk/page/ISEPublications. • Office for National Statistics. (2019). Labour market overview, UK: May 2019. Retrieved from https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/bulletins/uklabourmarket/may2019. • Visual Capitalist. (2019). Visualizing 150 years of U.S. employment history. Retrieved from https://www.visualcapitalist.com/visualizing-150-years-of-u-s-employment-history/.

  26. In conclusion • The world is changing. There is a lot of hype about it. Some of it is very interesting and some of it is true (these are not the same things). • But, the social world doesn’t usually change very quickly or very suddenly. • The recent history of graduate recruitment and placements suggests that this is the case. • So, in your practice, don’t get spooked and follow the evidence.

  27. 8-9 July 2019 | Manchester Registration is now open ise.org.uk/event/ISEConferenceandAwards

  28. About me • Tristram Hooley • tristram@ise.org.uk • Blog: http://adventuresincareerdevelopment.wordpress.com • Twitter: @pigironjoe

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