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Introduction
Witlr is here to help employers of all sizes nd the people they need for their organisation. The Witlr team knows rst-hand how important it is to have the right people working for your business. Our investor and mentor has over 20 years of experience running businesses, including a FTSE 100 nancial services company, so you can be con dent we are not full of hot air. We will o er you relevant unbiased advice, helping you to make the right decisions when you're hiring. Our business revolves around university students and graduates. If you are reading this then you are probably deciding whether or not hiring a graduate is worthwhile. We want to help you make this decision, and whilst we think students and graduates o er businesses invaluable skills, we know that they may not be suitable for every company. However, with hugely successful companies taking on high numbers of graduates, it's clear they must o er some sort of return on investment. Some businesses are putting graduates at the forefront of their recruitment drive with large corporations like PricewaterhouseCoopers and Deloitte employing approximately 1200 graduates every year. However it isn't just big companies seeking the bene ts that smart, motivated graduates bring to a business. All be it on a smaller scale, thousands of SMEs (Small and Medium Sized Companies) take on graduates each year and reap the rewards; as exempli ed in our case studies found at the end of this guide. We want to give you the whole picture with this easily digestible guide and perhaps bust some of the myths surrounding employing students and graduates.
Experience
Many believe that university is a 3 year holiday taken to put o going into the working world whilst of course having a couple of drinks along the way. Although some may go to university with this mindset, for most this is not the case. Students get out what they put in at university, both in their course and socially.
The social aspect of university is obviously a huge part of the experience. Indeed many of the traits you may be looking for in an employee are developed not in the lecture theatre or library but in a student's social experiences at university. As every employer knows grades and academia don't always give the full picture of a job applicant. You might nd a graduate with a rst class degree, although highly intelligent, has spent too long in the library and is unable to interact with other team members or clients. Whereas potentially a student who has immersed themselves in other aspects of university life such as societies and sports teams may not have such a sparkling academic record, but they may be a better communicator or possess other qualities you value in your company.
Advanced Capacity for Learning After years of education and learning most graduates have found way to learn that works for them. They have a great capacity to learn independently and pick up new skills quickly. A ordable and Good Return on Investment Due to statistics usually garnered from the wages paid by 'top 100 recruiters' it perceived by many that graduates are expensive to employ, pay and train. In fact it is quite the opposite, normal graduate salaries range from 15,000 25,000 depending on location and industry. The competitive jobs market means many graduates are willing to take reduced salaries to get their foot in the door. Of course for a business if the return on investment greatly outweighs the cost then the investment was worthwhile. Statistics from the AGR suggest that graduates add 1 billion of value to the UK economy each year, so recruiting a graduate could be the smartest investment you make. Comfortable with Technology Students and graduates are comfortable with technology having grown up in an era where computers and technology are a part of everyday life. With businesses increasingly reliant on technology, the internet and everything that comes with it (eg. social media), a smart employee who has their nger on the pulse would be a useful addition to your business.
Case Studies SMEs that hired graduates and have never looked back!
Horatio Investments
Horatio have a team of 15 in their start-up angel investment company, 5 of this team are recent graduates and they look to graduates rst when recruiting for new roles. We have found that graduates are enthusiastic, quick to learn and able to take direction from senior members of the team. By selecting graduates carefully we have ended up with a talented and smart group, who are also exceptionally hard working. They thrive on been given responsibility and we give all our graduates their own roles and projects so they can really get their teeth into something. Our graduates have helped to drive Horatio Investments forward with their ideas, enthusiasm and work ethic. Martin Bowles, MD at Horatio Investments
Allsorted UK Allsorted UK have built their new area sales team out of graduates, these people are key to the growth of their business showing their belief in graduates ability. Graduates are good people to hire not just because they have achieved a level of intellectual capability but they have also been through a life process; taking responsibility for deadlines, budgeting nances, and mixing with a diverse group of people. These skills are transferable, necessary and essential in the workplace. Julia Perry, Managing Director of UImpact and Resourcing manager for Allsorted UK
Manifest London A large proportion of the sta at Manifest London are graduates and we will always consider graduates for our roles. Students and graduates are always keen to impress and therefore come with bundles of enthusiasm and exciting interests. We love this attitude in our company culture Ali Maynard, Senior Account Manager at Manifest London