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