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Graduates look at more than pay and application numbers
Wednesday, 13 January 2010
All Graduate job news
A recent report showing that UK graduates face stiffer competition to seal a job and are paid less than their equals worldwide has not had any impact on application levels at the UK's top firms, it has been stated.
The Association of Graduate Recruiters noted that 49 graduates apply for each vacancy in the UK on average, which is more than the likes of South Africa, Hong Kong and the US.
However, the average salary for successful applicants is only £25,000 per annum, significantly less than in Hong Kong, where graduate job hunters can expect nearer £40,000.
Business advisory firm Deloitte is among the UK's biggest graduate recruiters, with approximately 1,000 university leavers hired last year.
Sarah Shillingford, graduate recruitment partner at the company, has told Personnel Today that these figures have to date had no bearing on application numbers among current students.
She said: "When people are applying for a job they look at a wide range of criteria - they don't just look at the amount they will get paid and the number of applications per job.
"Graduates realise it's not a lottery and if they are good enough they will get the job irrespective of the numbers who have applied. They are looking at the long-term prospects, like getting training and long-term career prospects."