Skip to main content

Graduate recruitment set to soar

Paystream News

Michelle Derungs

Tuesday 21st Jan, 2014

Graduate recruitment is forecast to dramatically increase in 2014 with the highest level of vacancies since 2007.

A recent survey carried out by High Fliers Research, a marketing research company, conducted a study into graduate vacancies and salary levels from some of the UK's industry leading employers. Their findings indicated a very opportunistic future for 2014, with 11 in 13 companies arranging to take on graduates. The industries that are most affected by this growth are those operating in banking & accounting, retail, manufacturing, IT, and professional services.

Previous years were not always as optimistic for graduate futures, when back in 2008 graduate vacancies were slashed by 6.7%, then a further 17.8% in 2009. Slight recovery was seen in 2010 when vacancies were still cut by 12.6% then 2.8% in 2011. Although vacancy levels have fluctuated over the years, the average starting salary remained steady at an industry norm of £29,000.

It is not only graduates who are set to see an influx of job opportunities. The report also discussed the growing opportunities for paid work placements and paid industrial apprenticeships.

Back to the Top