The 22nd annual XpertHR survey of graduate recruitment strikes a small note of optimism for the 2011/12 hiring round, despite the fact that employers are still finding it hard to attract high-quality recruits.
XpertHR research indicates that employers are positive about their future graduate recruitment intentions. The findings, based on feedback from 182 employers, show that 75.8% of organisations are currently trying to recruit graduates. An even higher proportion (88.5%) forecast that they will do so in the future.
Rachel Snuff, XpertHR author of the report said: “Before the onset of the recession in the UK in 2008, there was generally a healthy balance between the supply of, and demand for, graduates in the labour market.“Since 2008, that balance has been skewed heavily in favour of supply, with employer demand for graduate recruits having weakened across most sectors of the economy.”
Graduate starting salaries
The research also finds that starting salaries for graduate recruits will be based on a median of £24,500 in 2011/12. The average amount will be marginally higher at £24,583. These starting salary levels are significantly higher than those recorded in 2010's survey
, which showed a median starting salary of £22,550 and an average starting salary of £23,174.