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Shifting economy changes the face of graduate recruitment

Shifting economy changes the face of graduate recruitment
 
Fewer vacancies, more applications, uncertain candidate commitment and a disconnect between the quality of the application versus the applicants themselves
 
A&DC, authority in graduate recruitment, prompts recruiters to evaluate sifting and hiring process with free performance review
 
With AGR figures showing 270,000 graduates estimated to leave UK universities in 2010, plus the millions from across Europe eligible to work in the UK, the number of graduate applications per vacancy is without a doubt set to rise significantly, once again overloading recruiters.
 
With critical changes occurring within the business environment and a shift in attitudes and commitment of graduated applicants, there is more pressure than ever for recruiters to demonstrate a positive return on investment.  Based on over 20 years of assessment experience, A&DC, a talent management consultancy and specialist in graduate assessment, is urging businesses to review their current graduate recruitment selection process to ensure that it is still delivering the best recruits in the most cost effective manner.
 
The subtleties of the market look set to test even the most prepared of organisations.  Changes over the next twelve to eighteen months will see:
      An increase in candidate dropout rates as graduates apply to multiple organisations in order to improve their chances of success.
      An increase in candidates applying for jobs that they are unqualified for.
      Improved quality of applications as individuals pull out all the stops to present their credentials in the most positive way possible.
 
On the face of it, this over supply of candidates may not appear to be too much of a problem for the average graduate employer, warns Colin Smillie, Business Development Manager.  However, if businesses delve a little deeper, the challenges become clear, with fewer vacancies, more applications, uncertain candidate commitment and a disconnect between the quality of the application versus the applicants themselves.  All these factors lead to an increasingly competitive marketplace in which differentiating the best candidates will become even more demanding, timely and therefore, costly.
 
With A&DCs free graduate performance review, businesses can ensure their selection process continues to deliver the quantity and quality of graduates it needs, and A&DC is providing the chance to review effectiveness of their selection and assessment practices.  An A&DC Consultant will meet with stakeholders to review the commercial context of the current process, consider the competency framework and other selection criteria, review sifting methods to understand if they are fair and able to predict performance.  Then examine the various tools used in the Assessment Centre.  Findings are examined and presented back in a follow-up meeting.  Details will include an objective assessment of the process, strengths and weaknesses, as well as a recommendation of improvements where necessary, all with no obligation.
 

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