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Study finds graduates seek job security rather than high salaries

Published: Saturday, 14 May 2016   Category: All Graduate Jobs News

Graduates are placing greater emphasis on finding positions with job security rather than high salaries, according to a study from Universum.

Universum rank which employers are most attractive to talent yearly and have surveyed more than 50,000 students from across 109 universities in the UK to create a study called The United Kingdom’s Most Attractive Employers 2016.

The study shows that traditionally high-paying industries are increasingly dropping in popularity among graduates from the UK.

Graduates are looking away from the banking industry due to its unpredictability, as the sector has seen a 4% drop in popularity since 2014.

The study in detail

Technology giants such as Apple and Google are the most attractive companies within the UK, whilst consultancy firm PricewaterhouseCoopers (PwC) came in third.

High street banks such as Barclays and HSBC have lost three and four places respectively since 2015, and now sit in 28th and 27th positions respectively. 

Graduates who are looking for innovation are interested in Apple and Google, and get the added benefits of a dynamic and creative work environment as well as the potential to become a high earner. Consultancy firms like PwC are desirable meanwhile because of the professional training that they offer.

Why is there more concern for stability?

The manager of Universum UK and Ireland, Joao Araujo, claims that the need for stability from graduates may be due to uncertainty over next month’s European Union referendum, which may see positions moved to other countries.

As the UK economy continues to grow, it is expected that there will be a shift of focus in priorities, as the number of jobs available rises and talented graduates feel they have greater control.

Companies that already possess talented employees are able to attract more talent themselves, meaning there is a viral effect which helps to enhance their workforce further.

For graduate schemes across a range of locations, visit Grad Plus today

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