RECRUITMENT FAST-BECOMING CAREER
RECRUITMENT FAST-BECOMING CAREER OF CHOICE FOR GRADUATES
The recruitment industry is fast-becoming a serious career choice for an increasing number of graduates, with almost half of all applications for recruitment consultancy roles coming from newly qualified graduates compared to twelve months ago, according to the Headhunter Training Academy.
The Academy which offers applicants a full-time salary during their training and a guaranteed job as a headhunter at the end of their 12-week course - has seen a significant rise in the number of applications made by graduates over the last twelve months both for trainee positions on the Academys headhunter training course and for vacancies within the two specialist search and selection consultancies behind the Academy - Elliot Marsh and Executive Headhunters.
With recent reports suggesting that there are around 70 applicants for every graduate vacancy and students being saddled with mortgage-style debts currently standing at an average of 20,000, many graduates are seeking out careers that pay the highest dividend. And a career in recruitment seems to be an increasingly attractive proposition.
Employers remain in the fortunate position whereby they can cherry-pick the candidates they want. And although the number of employers recruiting graduates this year is higher than in 2009, there seemingly remains an over-supply of graduate talent when compared to the number of positions readily available, says Anna Davidson, Learning & Development Manager for Headhunter Training Academy.
We have seen a high calibre of candidates applying for places on our headhunter training course with as many as 1 in 2 coming from graduates with less than two years post-degree work experience people who may otherwise have pursued other more traditional career options in the public sector, finance or FMCG, for example. But many of these sectors are still being cautious and keeping their graduate intake to a minimum while others, notably the public sector, face a wave of cuts on a scale not seen in a generation.
Indeed, the public sector has long been one of the biggest destinations for graduates to kick-start their careers with around 39,000 newly qualified graduates recruited by the sector every year. However, the Governments recent announcements of pending jobs cuts within the public sector are forcing graduates to consider alternative career paths.
With around 500,000 to 725,000 estimated jobs earmarked to go in the public sector over the next five years this could lead to a graduate unemployment rate of 20 per cent beating the previous highest record ever recorded of 13.5 per cent in 1983, adds Ms Davidson.
While many employers have already closed off their applications for the 2010 intake, we are undergoing a period of significant expansion and will continue to welcome new applications from graduates who can demonstrate significant potential, business acumen, a hunger to succeed, and want a career that offers genuine opportunities for progression as we are looking for people to fast-track to management positions.