Do graduates want something different or are organisations changing their strategies due to external factors? With the market becoming candidate driven and many external factors affecting organisations employers may need to re think their approach to graduate recruitment.
Last year also saw the first fall in five years in the number of graduates hired by The Times’ top 100 graduate employers. The number fell by 4.9%, according to research from High Fliers. The same research pointed out that initial hiring expectations and targets from the start of the 2016-17 recruitment season had been downgraded twice throughout the year. Several factors are behind a drop in graduate hiring, and the potential demise of the graduate scheme. These include Brexit-related uncertainty around hiring, restrategising on the part of employers around desired skillsets, the introduction of the apprenticeship levy, and increased focus on social mobility. But a key driver behind this is the dramatically changing demands of today’s youth.