Job Hunting in a Recession

Transcription

1 Job Hunting in a Recession Careers and Employment Service Careers@exeter.ac.uk

2 Format of the Session What is the labour market like for graduates? Job hunting a look at ways of improving your chances Alternatives what if it doesn t all fall into place? Resources and help and advice

3 It's a recession when your neighbour loses his job; it's a depression when you lose yours Harry S. Truman

4 Some Facts and Figures Association of Graduate Recruiters July 2009 One in four graduate vacancies disappear Competition intensifies average of 48 applications per job Quality of applications has increased Average graduate salary frozen at 25,000

5 Association of Graduate Recruiters January 2010 UK s leading graduate employers have increased their recruitment targets by 11.8% Half employers expect to recruit more graduates in 2010 Quarter warn they will be making further cuts City s top investment banks intending to hire third more graduates than 2009

6 Accountancy & professional services intake up 14% High street banks up 30% Retailers up 21% 10 out of 14 sectors expecting to recruit more graduates 3 areas recruiting fewer consumer goods, engineering & public sector

7 Over a quarter of graduate vacancies this round full already i.e. deferred offers or offers to work experience graduates Largest recruiters PwC, Deloitte, Army, Teach First, KPMG and RAF Leading graduate employers noticeably optimistic about 2011

8 Starting salaries likely to be the same Salaries higher in consulting, law and investment banks (up to 38,000 ) Salaries lower in media, retail, engineering and public sector 40% of finalists wished they had applied for work earlier World economy :

9 You still need to do the basics before giving up Choosing a career Finding employers Finding courses Applications Interviews Schemes for Graduates Taking time out Help after Graduation

10 Choosing a career What are you seeking? What are you offering? Matching Prospect Planner Talk to a Careers Adviser Work experience Exepert

11 Finding employers Advertised vacancies /students/iwanttowork ingenjobsources.shtml Newspapers Specialist journals Web sites Agencies

12 Networking and Creative Job search the non advertised vacancies Use directories Target, research employers based on career intentions, degree and dissertation Speculative applications (CV + Letter) Use contacts personal, paid and voluntary work, leisure interests, university contacts Work experience as a route in Persistence is vital Further information on job hunting and networking /students/jobhunting.shtml

13 Finding courses Relevant professional bodies Note closing dates Investigate funding

14 Applications Making Applications (AGCAS) (CV Creator) Careers Service Guide Appointment with Careers Adviser

15 Interviews Preparation Self Job Organisation Going for Interview (AGCAS booklet) Making an impact (AGCAS DVD) Appointment with Careers Adviser Workshops

16 Schemes for Graduates Graduate Business Partnership (South West Employers ) Graduate level / Project based 20 weeks Off the Job Training Devon (and other parts of UK?) Also Graduate Talent Pool

17 Schemes for Graduates Shell Step Summer Placements Open to undergraduates and recent graduates 8 11 weeks 210 per week

18 Taking time out Relevant vs. non Relevant work Necessary experience? Plan your return Timing of applications Deferred entry? Temporary work: Agencies

19 Help after graduation Careers & Employment Service open all year (check before travelling) Phone helpline (phone for details) Graduate workshops Other HE Careers Services

20 And Finally.. Don t give up Getting a temporary job is better than no job at all Use all the help and support offered Network Take every opportunity to build up your skills

21 Consider organised voluntary work Consider Graduate Business Placements in the South West or in your area Check what free courses are on offer at your local college Keep busy Keep positive