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István János Tóth research fellow, IE HAS, director, IEER

HCCI Institute for Economic and Enterprise Research. New Graduates and Institutions of Higher Education Through the Eyes of Hungarian Companies 2008-2011. István János Tóth research fellow, IE HAS, director, IEER. Corvinus University of Budapest 19 th October 2011 , 13:00.

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István János Tóth research fellow, IE HAS, director, IEER

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  1. HCCIInstitute for Economic and Enterprise Research New Graduates and Institutions of Higher Education Through the Eyes of Hungarian Companies 2008-2011 István János Tóth research fellow, IE HAS, director, IEER Corvinus University of Budapest 19th October 2011, 13:00

  2. Topics  Research Program  New Graduates  Demand  Salaries  Higher Education  VSR Topics • Introduction of IEER and our labour market forecasts • New graduates in the business sector • Workforce demand during and after the crisis • Salary changes two years after being employed by qualifications • Prestige of institutions of higher education in Hungary • Vocational School Research http://www.gvi.hu/

  3. Topics  Research Program  New Graduates  Demand  Salaries  Higher Education  VSR Introduction of IEER and our labour market forecasts http://www.gvi.hu/

  4. Topics  Research Program  New Graduates  Demand  Salaries  Higher Education  VSR Main Research Areas • Short-term Labor Market Forecasts (2006- ) • SME Outlook (2005- ) • Business Tendency Surveys (1998- ) http://www.gvi.hu/

  5. Main Research Areas Vocational School Research [decision support for regional vocational school quotas] Research for Monitoring New Graduates in the Business Sector => IEER is market leader in Hungary on labor market research – contacting and surveying cca. 15 000 companies annually Topics  Research Program  New Graduates  Demand  Salaries  Higher Education  VSR 8/24/2014 5:20 AM http://www.gvi.hu/ 5

  6. Main Research Areas Methodes used a) OECD harmonised questions: [ http://www.oecd.org/dataoecd/29/61/31837055.pdf] b) Hot topics (ad hoc questions) Topics  Research Program  New Graduates  Demand  Salaries  Higher Education  VSR 8/24/2014 5:20 AM http://www.gvi.hu/ 6

  7. Topics  Research Program  New Graduates  Demand  Salaries  Higher Education  VSR Short-term Labor Market Forecasts • In cooperation with the Ministry for National Economy and the National Employment Service – since 2005 • Contacting 7500 companies by structured interviews • Representative sample by industry, regional level and company size • Standardized questionnaires and methodes • Yearly: September - October http://www.gvi.hu/

  8. Short-term Labor Market Forecasts Research topics: Recent and Expected Business Climate of the company Planned enrollment and layoff Trainings (organised by the company) Employing specific workforce (e.g.: expat, entrant, part-time etc.) Topics  Research Program  New Graduates  Demand  Salaries  Higher Education  VSR 8/24/2014 5:20 AM http://www.gvi.hu/ 8

  9. Topics  Research Program  New Graduates  Demand  Salaries  Higher Education  VSR SME Outlook Survey • In cooperation with Volksbank Hungary and Figyelő magazine – since 2005 • Questioning 300 small and medium sized companies • Repeated quarterly http://www.gvi.hu/

  10. SME Outlook Survey Research Topics: Recent and Expected Business Climate of companies Ad hoc questions changes in company taxation, effects of chain debts and late payments, effects of the rising energy prices, expected labor demand and minimum wage raising, etc. Topics  Research Program  New Graduates  Demand  Salaries  Higher Education  VSR 2014.08.24. 5:20 http://www.gvi.hu/ 10

  11. Topics  Research Program  New Graduates  Demand  Salaries  Higher Education  VSR Business Tendency Survey Research • Since 1998 two times a year, since 2010 four times a year • Sample size: 1300-2000 companies • Questions: • Recent and Expected Business Climate of companies http://www.gvi.hu/

  12. Topics  Research Program  New Graduates  Demand  Salaries  Higher Education  VSR Vocational School Research Program • Survey of enterprises • Annual survey started in 2008, included 4000 companies in 2011 • Evaluation of expected labour demand for vocational school graduates and comparisonwith the expected number of recent graduates • Decision support for regional development and training committees (RFKBs) to establish the quota by region of different vocational trainings http://www.gvi.hu/

  13. Vocational School Research Program Survey of graduates Annual survey started in 2009, includes 3000 vocational school graduates per year Labour market status, opportunities of employment Satisfaction with vocational school, own skills Topics  Research Program  New Graduates  Demand  Salaries  Higher Education  VSR 2014.08.24. 5:20 http://www.gvi.hu/ 13

  14. Topics  Research Program New Graduates  Demand  Salaries  Higher Education  VSR New Graduates in the Business SectorResearch Program http://www.gvi.hu/

  15. Topics  Research Program New Graduates  Demand  Salaries  Higher Education  VSR Research Program • Identic (standardized) sample and standard questionnaire since 2005 • National company survey based on questionnaires • Professional interviews http://www.gvi.hu/

  16. Research Program Topics: Workforce demand Demand for BA graduates Salaries d) Recruitment difficulties e) Required competencies f) Prestige of higher education institutions (Universities and Business Scools) Topics  Research Program New Graduates  Demand  Salaries  Higher Education  VSR 2014.08.24. 5:20 http://www.gvi.hu/ 16

  17. Survey by interviews Questionnaire based data collection in every year; Between 2008-2011: answers of 7559 CEOs Companies employing at least 20 person Representive sample by industry and company size Data collection supported by: Hungarian companies, Educatio kht., Ministry of Rural Development, „Jedlik Ányos” programme, NKTH (NKFP_07_A2-TEXTREND, contract no.: OM-00002/2008); Topics  Research Program New Graduates  Demand  Salaries  Higher Education  VSR Research Program 2014.08.24. 5:20 http://www.gvi.hu/ 17

  18. Main Advantages Comparable data at national level We have answers not only from those local companies which are in direct contact with the local university Personal questioning methodology Relevant information: we can control who answers (HR managers); Homogeneous sample and standard questionnaire Undistorted data Possibility of comparison in time Surveying trends – data since 2005 Topics  Research Program New Graduates  Demand  Salaries  Higher Education  VSR 2014.08.24. 5:20 http://www.gvi.hu/ 18

  19. Topics  Research Program New Graduates  Demand  Salaries  Higher Education  VSR Workforce Demand During and After the Crisis http://www.gvi.hu/

  20. Topics  Research Program New Graduates  Demand  Salaries  Higher Education  VSR Why New Graduates? 2014.08.24. 5:20 http://www.gvi.hu/ 20

  21. Topics  Research Program New Graduates  Demand  Salaries  Higher Education  VSR Workforce Demand 1998-2011 2014.08.24. 5:20 http://www.gvi.hu/ 21

  22. Topics  Research Program New Graduates  Demand  Salaries  Higher Education  VSR Workforce Demand for NGs, 2008-2011 Balance statistics = % of firms to rise the demande - % of firms to fall the demande 2014.08.24. 5:20 http://www.gvi.hu/ 22

  23. Topics  Research Program New Graduates  Demand  Salaries  Higher Education  VSR Workforce Demand in 2010 by positions http://www.gvi.hu/

  24. Topics  Research Program New Graduates  Demand  Salaries  Higher Education  VSR Changes 2008-2010 2014.08.24. 5:20 http://www.gvi.hu/ 24

  25. Topics  Research Program New Graduates  Demand  Salaries  Higher Education  VSR Changes 2008-2010 2014.08.24. 5:20 http://www.gvi.hu/ 25

  26. Salary Changes Two Years After Being Employed by Types of Qualification Topics  Research Program New Graduates  Demand  Salaries  Higher Education  VSR 2014.08.24. 5:20 http://www.gvi.hu/ 26

  27. Topics  Research Program New Graduates  Demand  Salaries  Higher Education  VSR Salaries • Average salary: 213 000 HUF (720 EUR, 1 EUR=296 HUF) • Important deviation: • Lower quartile: 156 000 HUF • Upper quartile: 260 000 HUF • After two years 22% increase 2014.08.24. 5:20 http://www.gvi.hu/ 27

  28. Topics  Research Program New Graduates  Demand  Salaries  Higher Education  VSR Where Can We Earn the Most? • Large companies • Foreign owned companies • Commerce, processing industry • Technical qualification • Central Hungary 2014.08.24. 5:20 http://www.gvi.hu/ 28

  29. Prestige and Regional Impact of Institutions of Higher Education Topics  Research Program New Graduates  Demand  Salaries  Higher Education  VSR 2014.08.24. 5:20 http://www.gvi.hu/ 29

  30. Topics  Research Program New Graduates  Demand  Salaries  Higher Education  VSR Prestige „Please to name the most three prestigious university faculties in four different training area!” They can mention maximum three faculties and an additional faculty which has the least prestige according to them. The prestige hierarchy is computed from the weighted sum of the number of mentions. The result is projected to a 100-point scale. 2014.08.24. 5:20 http://www.gvi.hu/ 30

  31. Topics  Research Program New Graduates  Demand  Salaries  Higher Education  VSR Prestige – Economic Faculties 2014.08.24. 5:20 http://www.gvi.hu/ 31

  32. Topics  Research Program New Graduates  Demand  Salaries  Higher Education  VSR Regional Impact – Economic Faculties In the spotlight: BCE and BGF Great local impact: PTE (Univ. Pécs) 32 2014.08.24. 5:20 http://www.gvi.hu/

  33. Topics  Research Program New Graduates  Demand  Salaries  Higher Education  VSR RI – Economic Faculties In the spotlight: BCE and BGF Great local appeal: PTE (Univ. Pécs) 33 2014.08.24. 5:20 http://www.gvi.hu/

  34. Topics  Research Program New Graduates  Demand  Salaries  Higher Education  VSR Prestige – Technical Faculties 2014.08.24. 5:20 http://www.gvi.hu/ 34

  35. Topics  Research Program New Graduates  Demand  Salaries  Higher Education  VSR RI – Technical Faculties In the spotlight: BME mechanical engineering and electric engineering faculty Greater local appeal: University of Miskolc, University of Pécs 2014.08.24. 5:20 http://www.gvi.hu/ 35

  36. Topics  Research Program New Graduates  Demand  Salaries  Higher Education  VSR RI – Technical Faculties In the spotlight: BME mechanical engineering and electric engineering faculty Greater local appeal: University of Miskolc, University of Pécs 2014.08.24. 5:20 http://www.gvi.hu/ 36

  37. Vocational School Research Topics  Research Program New Graduates  Demand  Salaries  Higher Education VSR 2014.08.24. 5:20 http://www.gvi.hu/ 37

  38. Average length of job-seeking by vocations (months), 2011 Content  Research Program  Fresh Graduates  Demand  Salaries  Higher Education VSR 2014.08.24. 5:20 http://www.gvi.hu/ 38

  39. Thank you for your attention! The ppt file of the lecture can be downloaded through the website of GVI [http://www.gvi.hu] from 3 pm. today Content  Research Program  Fresh Graduates  Demand  Salaries  Higher Education  VSR 2014.08.24. 5:20 http://www.gvi.hu/ 39

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