graduate recruits

Small Firms have pick of Graduate Recruits

Small Firms have pick of Graduate Recruits

Businesses planning to recruit new graduates this summer can take their pick from one of the biggest pools of candidates in years, after research revealed that employers are receiving nearly 50 applications for every job vacancy. The Association of Graduate Recruiters’ (AGR) bi-annual survey also found that graduate jobs decreased by a quarter in 2009 and are approaching levels not seen since the last recession in 1991. Competition for jobs is particularly fierce in investment banking, financial services, retail and engineering, all of which received more than 50 applications per vacancy, according to the poll. Unsurprisingly, an over-supply of qualified graduates has also affected salary levels. The average graduate starting salary has frozen for the first time since 1977, at £... »