More employers in the public sector are recruiting graduates than in the private sector, XpertHR research finds. But the starting salaries offered to graduates joining the public sector are lower.
This is according to the XpertHR benchmarking survey on graduate recruitment trends for 2013. The 23rd annual survey is based on responses from 132 organisations with a combined workforce of 513,396 employees.
Public sector reports highest graduate recruitment levels...
The survey reveals the following trends regarding current and planned graduate recruitment activity:
- Across the whole economy, seven in 10 employers surveyed by XpertHR are currently trying to recruit graduates.
- The proportion of public sector respondents currently seeking to recruit graduates is higher than that for the private sector.
- Public
sector employers are also significantly more likely than those in the
private sector to be recruiting more graduates than a year ago.
The median graduate starting salary stands at £23,500 in 2012/2013.Graduate recruitment activity may be more widespread in the public sector, but new graduate recruits joining public sector organisations can expect lower starting salaries than those in the private sector.
Across all organisations surveyed, the median increase on graduate starting salary levels from the previous year stands at nil.
This is the fourth consecutive year in which XpertHR's annual survey of graduate starting salary trends has recorded a nil increase.
But a breakdown by sector reveals that starting salaries for graduates joining the public sector workforce in 2012/2013 are actually set lower than in 2011/2012.
See also:
- Benchmarking graduate recruitment and starting salaries in 2013
Read more about the key findings of the XpertHR survey. - Graduate Recruitment 2012/2013 and Graduate Starting Salaries 2012/2013 Subscribers to XpertHR Benchmarking can access the complete results data from this survey, and generate bespoke reports on how their organisation compares.
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Comments (1)
Recent graduates are one of the subgroups most affected by the downturn in the economy. While the starting salaries are lower, aren't they at least happy to have a job when most of their peers don't? Public sector work is a good start for many people and that experience can translate to other sectors, especially those that work WITH the public sector.
On the flip side, many companies are trying to control spending on salaries and are interested in hiring recent graduates, but with that comes lack of experience, meaning there will be more need for managers to train and mentor these new staff. If your managers are spending all their time training and mentoring (at their higher rate of pay), it may not be as economically feasible as hiring an experienced worker to fill the open positions.
Posted by Jeanne Heydecker | January 23, 2013 8:03 AM
Posted on January 23, 2013 08:03