Are you looking to grow your team? Taking on a new graduate may be a great move for your business.
There are plenty of graduates out there who are competing for jobs after university. If you’re considering whether hiring graduates is the right route for you, we may be able to convince you. Read on to discover eight benefits of hiring graduates.
Graduates who are fresh out of university and just getting started with their careers are hungry to learn and do their best. They want to impress their new employers and start progressing up the career ladder quickly. They are also more likely to learn quickly, given that they are accustomed to it having just left university.
Already established workers naturally require a higher salary, however as graduate trainees lack experience they will cost your business less. The average UK-wide graduate trainee salary for 2019 is £22,500 but be sure to do your research on the type of graduate role you are offering in order to effectively compete with other employers for the best graduates. Location, level of experience and degree requirements all have an impact.
Research has shown that degree-educated individuals’ contribution to profit is considerably larger than their non-degree-educated counterparts. According to research by the Institute of Student Employers (ISE), graduates contribute approximately £1 billion of added value to the UK economy on an annual basis. Their ideas and skills can make a huge difference to your bottom line.
Bringing a graduate into your business is a great way to get a fresh perspective and new ideas. They may have different views and be in touch with current trends that could help you to diversify your business.
Graduate trainees are generally good at learning new things, absorbing information and adapting quickly. They are eager to impress and you can mould them to be what you need and to fit in with your company culture.
As graduates don’t often have much experience working within a professional environment, they don’t come with pre-existing habits. You’ll be able to train them up to work and deal with situations the way you want them to. They can also be moulded more quickly to fit in with your business.
Younger generations like millennials have grown up with technology and are therefore quickly able to get to grasp with systems that you use.
Today’s graduates are used to juggling social media and multiple communication channels simultaneously. This means that they are generally good multitaskers which could be beneficial for your business depending on the type of role you want them to do.
Hiring graduate trainees can be a challenging task, but if you invest and retain them they can have a big impact on your business both now and in the future.
If you need help recruiting high-calibre graduates, find out more about the graduate recruitment services we offer.