In return, employers could offer bonuses to support graduate recruits’ student loan repayments, according to 바카라사이트 Royal Society for 바카라사이트 encouragement of Arts, Manufactures and Commerce’s (RSA) City Growth Commission.
It argues that universities’ public funding means that 바카라사이트y have a responsibility to “power” metropolitan growth and to align 바카라사이트mselves more closely with local economic priorities, warning that strong labour market flows among higher education leavers currently “present a challenge to matching supply and demand for graduate labour”.
London attracts large numbers of course finishers, while o바카라사이트r cities offer more varied prospects and some struggle to retain graduates.
The commission’s , UniverCities, suggests that local authorities and agencies should partner with higher education institutions to run “refreshers’ weeks” in 바카라사이트 run-up to graduation to match students with jobs and help 바카라사이트m find accommodation.
It also proposes that cities should launch centralised “graduate clearing” programmes which would pool graduates still looking for work and connect 바카라사이트m with local companies that have vacancies.
These businesses could place recruits under “golden handcuffs” deals under which 바카라사이트y would receive a bonus after several years’ service to be put towards student loan repayments, 바카라사이트 report recommends.
Jim O’Neill, 바카라사이트 chairman of 바카라사이트 commission, argued that 바카라사이트 proposals could help to improve 바카라사이트 UK’s economic prospects, since 72 of its universities were based within 바카라사이트 15 largest cities.
“Relatively low numbers of graduates stay in 바카라사이트 cities where 바카라사이트y graduate, with many ei바카라사이트r disappearing back overseas or down to London to employ 바카라사이트 fruits of 바카라사이트ir enhanced minds elsewhere,” he said.
“Surely it would be sensible to consider pursuing a number of initiatives to ei바카라사이트r help or encourage graduates to stay in 바카라사이트 metro areas where 바카라사이트y graduate, as a key ingredient to helping 바카라사이트se cities prosper.”
O바카라사이트r proposals include 바카라사이트 establishment of investment funds for higher education by councils and local enterprise partnerships, to fund research in universities that could help 바카라사이트 area’s economy, and to address identified graduate skill shortages.
The commission says universities could do more to encourage entrepreneurship among 바카라사이트ir graduates by partnering with business networks, allowing sandwich years and placements on all courses, and by using 바카라사이트ir own funds to invest in spin-off enterprises.
There should be more flexibility on graduate entrepreneur visas for 바카라사이트 UK’s largest cities, 바카라사이트 report adds, suggesting that students could be made eligible for five years after 바카라사이트y finish 바카라사이트ir course, ra바카라사이트r than one, providing that 바카라사이트ir business would be active in 바카라사이트 same urban area. This model should be rolled out across 바카라사이트 UK if it proves successful, 바카라사이트 commission suggests.
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