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Businesses 'will suffer' from less graduate recruitment
Wednesday, 08 April 2009
Life after graduation
Those companies with promote-from-within structures will suffer in the future if they cut back on graduate recruitment now, according to a human resources director.
Donna Miller, from Enterprise Rent-a-Car, was speaking at a Chartered Institute of Personnel and Development forum on graduate retention when she made the comments, according to human resources publication People Management.
The company currently employs 750 graduates a year and has an exclusive policy of filling vacancies with staff already with the firm.
Ms Miller said at the conference: "If we don't keep that number we will have a shortfall in the business a few years down the line. The whole business model is tied into graduate recruitment and development."
People Management previously reported that Boston Consultancy Group has expressed the same concerns as Rent-a-Car, saying that those cutting back on providing graduate jobs will have a "demographic problem" in the long term.