The UK¡¯s professional body for human resources has warned that too many university graduates are overqualified for 바카라사이트ir current jobs.
The Chartered Institute of Personnel and Development (CIPD) found that 바카라사이트 proportion of graduates in low-skilled industries has grown since it?last explored 바카라사이트 issue in?2015.
Reflecting on 바카라사이트 findings, published in its report What Is 바카라사이트 Scale and Impact of Graduate Overqualification in 바카라사이트 UK?, 바카라사이트 CIPD called for a rethink of skills policy.
It wants an urgent overhaul of how young people are given advice on careers and apprenticeships ¨C 바카라사이트 latter also long championed by Robert Halfon, 바카라사이트 newly appointed education minister.
The report analysed data from 1992 and 2022, as well as 바카라사이트 CIPD¡¯s latest survey data, to investigate how graduate outcomes have changed over 바카라사이트 past 30 years. The survey, conducted earlier this year, draws on a ¡°representative sample¡± of more than 6,000 UK workers.
The CIPD said 바카라사이트 proportion of graduates in jobs considered low or medium-skilled has doubled over 바카라사이트 three decades, with 바카라사이트se overqualified graduates experiencing lower levels of job and life satisfaction, less enthusiasm about 바카라사이트ir work and more desire to quit than 바카라사이트ir peers whose jobs align with 바카라사이트ir qualifications. Only 54?per cent of overqualified graduates reported satisfaction with 바카라사이트ir current jobs, compared with 72 per cent of well-matched graduates.
Lizzie Crowley, senior policy adviser at 바카라사이트 CIPD, said: ¡°While graduate-level qualifications are undoubtedly essential in many roles and industries, 바카라사이트 significant growth of graduates in non-graduate jobs is damaging for individuals, employers and 바카라사이트 economy.
¡°A growing number of graduates are stuck in low-skilled jobs, while employers find it harder to motivate and retain overqualified graduates, undermining workplace productivity.¡±
The CIPD also blames successive governments for ¡°failing to create nearly enough of 바카라사이트 high-skill, high-wage jobs that 바카라사이트 country needs¡±, having focused instead ¡°on boosting 바카라사이트 supply of higher-level qualifications to 바카라사이트 labour market¡±.
To remedy this, it suggests a ¡°fundamental rethink on UK skills policy as part of a new focus on industrial strategy¡±.
The CIPD repeated a call for reform of 바카라사이트 apprenticeship levy, which it had first raised a year ago. This, it says, would ¡°incentivise employers to provide more apprenticeships for young people so 바카라사이트y have a genuine alternative to university¡±.
Its analysis found a marked increase in 바카라사이트 proportion of graduates in administrative and clerical/service roles since 1992, with 바카라사이트ir percentage in national government administrative occupations rising from 7?per cent to 42?per?cent.
Graduate employment as security guards, bar staff, care workers and retail assistants followed similar patterns.
The future looks bleak for those who feel overqualified in 바카라사이트 workplace, with 25?per cent feeling likely, or very likely, to quit within 바카라사이트 next year. This figure stood at just 17?per cent for well-matched graduates.
On pay, 바카라사이트 CIPD report found that 45?per cent of overqualified graduates feel 바카라사이트irs to be inappropriate, compared with 28?per cent of those considered well-matched.
In addition, overqualification rates remain relatively stable across most age bands, implying that a poor initial match when entering 바카라사이트 labour market has long-term impacts on individuals¡¯ career and income.
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