The Year of the Candidate – Rise of Graduate Recruitment
2015 has already been dubbed the ‘Year of the Candidate’ by the media and with latest figures from the Association of Graduate Recruiters predicting an 11.9% increase in graduate positions during 2015, recruiters will be looking to fresh talent to fill roles. In this blog Toby Conibear, European Business Development Director at Bond International Software, takes a look at the recent news.
With available graduate positions due to double during the next year in comparison to the two previous years, recruiters across the UK will be looking to source the best new talent to fill roles – especially in IT & Telecommunications, public sector, construction, engineering and investment banking.
An average of 74 graduates are competing for each position and as the pool of graduates grows it is important to ensure your candidate stands out against the crowd. But how can a recruiter achieve this? Being able to search and match the right skills set and other deciding factors, such as location, are important during the validation process. Having all this information available just a few clicks away makes the process quicker and more efficient and could make the difference between a successful placement or not.
Another way in which you can gain an advantage over competitors is to be aware of the talent being nurtured whilst at university. One way of tapping into the valuable resource is to consider reaching out to local universities to see how you can work with them to help place upcoming graduates. More than ever before companies are looking to create an emerging talent strategy to make them more attractive to graduates. Working in sync with those companies, and the relevant universities, will provide that extra competitive edge.
As business conditions improve, it is suggested that there may be skills shortages in areas and sectors where previously there were plenty of candidates – making those graduates who do have the right skill-set even more valuable. If you have the perfect candidate with the right skill-set, make sure you are paying them the attention they need, and make sure your clients are aware of their ideal fit
In a similar fashion, your competition will be circling the fresh talent and it is important for your recruitment company to stand out from the crowd – what are you offering the candidate? Providing a seamless candidate experience is one way to attract graduates and best practice advice is always to try out the process yourself and see what it is like. Are there any slow areas or better ways to touch-base with candidates during your recruitment process? If there are, what can be done to rectify the issue? In comparison to the situation in other years, we now have a range of technology at our fingertips – from smartphones and tablets to recruitment software – so picking the best solution for you and your candidate is important.
It will be interesting to see how the ‘Year of the Candidate’ continues, we have certainly had a good start to the year, with the positive economic outlook and recent graduate news.
If you would like to read more about our view on the ‘Year of the Candidate’ you can read our blog here.