The Graduate Market in 2015
Graduate recruiters at the organisations featured in the research were asked about the value of work experience when it comes to assessing students’ applications for graduate roles. Almost half stated that it was either ‘not very likely’ or ‘not at all likely’ that a graduate who’d had no previous work experience with any employers would be successful during their selection process and be made a job offer, irrespective of their academic achievements.
Chart 4.3 Paid Work Experience Places available at the UK’s Top Employers in 2015
15%
250+ work experience places
20%
101-250 work experience places
18%
51-100 work experience places
Median - 90 work experience places
13%
26-50 work experience places
19%
1-25 work experience places
No formal work experience programmes during 2015
15%
0
10
20
40
50
30
Percentage of top graduate employers
Source - The Graduate Market in 2015
Table 4.4 Analysis of Paid Work Experience in 2014, by Industry or Business Sector
Total work experience places available
Total work experience places available
% change in places between 2014 & 2015 p 8.7% p 2.4% q 8.0% p 23.6% p 51.8% p 2.2% q 12.3% p 31.1% p 15.6% q 2.9% p 17.6% q 14.2% p 10.2%
Ratio of work experience places to graduate vacancies in 2015
Industry or Business Sector Accounting & professional services Banking & finance Consulting Consumer goods Engineering & industrial Investment banking IT & telecommunications Law Media
in 2015 2,005 1,290
in 2014 1,844 1,260
43:100 98:100 26:100 112:100 95:100 143:100 67:100 127:100 22:100 95:100 56:100 23:100 66:100
160 445
174 360
1,620 2,610
1,067 2,555 650 755 128 385 1,788 359 11,837
570 990 148 374 2,102 308 13,049
Oil & energy Public sector Retailing ALL SECTORS
Source - The Graduate Market in 2015
25
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