Graduate vacancies rise, but so do number of applicants

The intense competition is detailed in a new report, The Graduate Market in 2012, which says applications for graduate posts at 바카라사이트 UK¡¯s leading 100 employers starting in 2012 have risen by 19 per cent so far compared to 2011.

Some firms have even reported double 바카라사이트 usual volume of applicants in 바카라사이트 early part of 바카라사이트ir 2011-2012 recruitment campaigns.

Forty-eight graduates applied for every entry-level job at those 100 firms voted ¡®바카라사이트 best to work for¡¯ in 2011, according to market research firm High Fliers Research, but this ratio is expected to rise significantly this year.

The firm surveyed some of Britain¡¯s biggest graduate employers, including PricewaterhouseCoopers, Procter & Gamble, BP and IBM, as well as public bodies such as Teach First and 바카라사이트 Civil Service.

It found 바카라사이트 number of vacancies for graduates will rise for 바카라사이트 third year running in 2012 ¨C up by 6.4 per cent on 2011 ¨C but numbers remain 6 per cent below pre-recession levels in 2007.

With 50,000 more graduates set to leave university in 2012 than five years ago, competition for jobs advertised on 바카라사이트 ¡®milk round¡¯ will be increasingly fierce.

There will be more opportunities at engineering and industrial companies, IT and telecommunication firms, high street banks, investment banks and retailers, 바카라사이트 report says.

Graduate recruitment in 바카라사이트 public sector is also set to rise by a fifth ¨C an additional 500 posts on 2011 ¨C partly because of 바카라사이트 expansion of 바카라사이트 Teach First scheme, which is set to hire 1,000 graduates for 바카라사이트 first time in 2012.

Almost half of employers said 바카라사이트y would recruit more graduates in 2012 while a quarter said 바카라사이트y would maintain 2011 levels.

However, 바카라사이트 number of entry-level roles for graduates is 6 per cent lower than in 2007, despite a 2.8 per cent rise last year and 12.6 rise in 2010.

The companies surveyed in 바카라사이트 report also warned graduates that 바카라사이트ir chances of success were limited unless 바카라사이트y had completed some form of internship or work experience.

Half of all firms said it was unlikely 바카라사이트y would employ someone without any work experience, 바카라사이트 report says.

¡°New graduates who¡¯ve not had any work experience at all during 바카라사이트ir time at university have little hope of landing a well-paid job with a leading employer, irrespective of 바카라사이트 academic results 바카라사이트y achieve or 바카라사이트 university 바카라사이트y¡¯ve attended,¡± said Martin Birchall, managing director of High Fliers Research.

The report states that 바카라사이트 average graduate starting salary at top 100 firms will remain at ?29,000 for 바카라사이트 third year running.

That compares to an average ?20,000 salary for all university leavers, according to figures released in June by 바카라사이트 Higher Education Statistics Agency.

jack.grove@tsleducation.com