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Grovelands Graduate Insights - Spring Summer 2016

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Executive summary<br />

Expectations vs realities<br />

Students and graduates are open to a wide<br />

range of career options, 20% of students say they<br />

have no specific career path in mind and 59% of<br />

graduates say they are working in a role unrelated<br />

to their degree subject.<br />

Respondents who began to consider and apply<br />

for roles earlier at university seem to have better<br />

success in finding work after university. However<br />

the majority (53%) plan to wait until after graduation<br />

before completing a single job application.<br />

47% of graduates say it takes at least 6 months<br />

to find a graduate role with 18% saying it takes<br />

more than a year. The competition for roles is our<br />

respondents’ main concern and reason why they<br />

feel they are unsuccessful in applications.<br />

57% of respondents say they did not use their<br />

university careers services until their final year of<br />

study and 15% did not use it at all, this suggests<br />

that universities could be doing more to engage<br />

with students earlier.<br />

A good work/life balance is considered crucial<br />

to graduate workers with 75% feeling this is more<br />

important than salary.<br />

Students feel a starting salary of between<br />

£20,000 - £30,000 is realistic however most<br />

graduates are earning between £15,000 - £25,000.<br />

Looking to the future<br />

63% of respondents feel further study will be<br />

necessary in order to achieve the graduate role<br />

that they want, suggesting an undergraduate<br />

degree is of most value in conjunction with<br />

other qualifications.<br />

On average, graduates expect to achieve<br />

lifestyle milestones (such as owning a home) by<br />

age 30-35. However students expect to earn<br />

higher salaries by age 35 than graduates.<br />

<strong>Grovelands</strong> <strong>Graduate</strong> <strong>Insights</strong> | <strong>Spring</strong>/<strong>Summer</strong> <strong>2016</strong> | 5

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