Graduate Salaries decline

There has been a sharp decline in starting salaries for graduates, according to research by The Complete University Guide. Average starting salaries for graduates fell by £2,500 from £24,293 to £21,702 between 2007-12, whilst in the same time tuition fees have trebled.

The highest paid graduate occupation is still Dentistry, but even this industry saw a 9% drop in average earnings for graduates to £30,681. A further worrying trend is the rate of decline in salaries is accelerating, based on returns to the DLHE (Destination of Leavers from Higher Education). The previous survey for graduate starting salaries showed a 4% decrease for 2005-10, which has jumped to 11% for 2007-12.

However if you’re looking for a recession-proof sector, Material Technology did particularly well showing a healthy 13% increase in starting salary during the survey period and perhaps surprisingly Librarianship and Information Management also showed a 3% increase.   DP

 

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PayDay Loan companies cash in on companies paying expenses late

 

Late expenses payments are costing workers in the UK £2.1bn, affecting 46 million with employees losing on average £45 per year through bank charges incurred whilst chasing expenses.  A further loss of income is due to 40% of workers losing receipts for expenses, which equates to a collective loss of £512.5m per year.

The survey of 2,000 workers by Access Group found nearly half of those surveyed (46%) have suffered financial difficulties due to employers paying expense claims late or not at all. The survey also revealed that 13.5% of workers have had to cut back on food and other basics, with a further 8.6% falling behind on rent and mortgage payments. This has created the perfect conditions for payday loan companies with 8% of workers in the survey turning to lenders.    DP

Wages increase by 1.7%

Wages are set to surpass inflation for the first time since 2008, according to the spring forecast by the EY ITEM Club. Figures for this year suggest wages will increase by 1.7% while inflation will continue to drop reaching 1.6%. The spring forecast also predicted consistently falling levels of unemployment in the UK over the next two years, from the current level of 7.2% to 6% by the end of 2015.

Peter Spencer, EY ITEM Club Chief Economic Advisor, commented that wage increases will be tempered by growth in the workplace, however “not to the extent of impeding recovery in real wages”.   DP

 

When in France

When in France

In France a new labour agreement has been signed instructing workers to ignore work emails once they have left the office. Targeting one million employees at digital and consultancy companies the agreement seeks to ensure workers ‘disconnect’ from their work and aren’t endlessly replying to emails long into the night eating into downtime during the week.

The move is designed to improve the work life balance and enforce the French 35 hour working week introduced in 1999, providing one more reason for Britons to gaze longingly across the Channel with the comparatively draconian 48 hour restrictions enforced in the UK through the European Working Time Directive.   DP

Earth globe with a computer mouse

 

May’s highlights

In our May issue you will find:-

City recruitment and Rugby Lions collide in Ibiza, World cup wining legend Phil Vickery teams up with city recruiter.

Focus on Recruitment tools and Social Media

Attracting talent to your industry, Brad Shackleton, international speaker and motivational coach. First in a series of “How tos”

The Future of Recruitment, will 2014 be the Year of the Mobile? Alan Whitford

Are you a Superconnector? Thomas Power Chief Executive

On boarding, First Impressions, Fiona Lander

Behavioural Science, Dr Ian Dodds

Diversity, Paul Schoonenberg

Leadership Training, Neville Gaunt

Interview with TV comedian and social media guru, David SchneiderPage 26 david

Focus on Employment Law, ringing the Spring changes, Julian Cox

International, China and Travel and Tourism features  [image attached of orange world]

Professionalising Alliance Management

Welcome to our first issue

Vanessa Champion Photographer Press Image 2bI’m delighted to announce the first issue of TeamPlayer360, a new voice for recruitment and the sectors only free printed newspaper for jobseekers and HR industry professionals.  TeamPlayer360 covers topics core to the HR Industry as well as highlighting various market sectors, news, help and advice, graduate placement, internships, employment law, employers, management, leadership, training and much more. I lead a lively and robust group of recruitment professionals, press experts and specialist journalists.

Why did we launch a newspaper when everyone is digital? It’s just for that reason. Do you find yourself inundated with online content, emails, electronic marketing, mobile content, videos? We spend our life staring at screens. To engage in news and things that matter, in a different, more tactile format of a printed newspaper is such a relief. This is a fresh approach to recruitment and an accessible voice for jobseekers.

With the average turnover of staff rate expected to leap from 14% to 18% in the next few years reaching 4.7 million in 2018[1] and with 2.24 million unemployed in the UK today[2], there are over 8000 recruitment houses in the UK[3], the newspaper is aiming to fill a significant gap to get both sides interacting.

We have a 50,000 copy print run of TeamPlayer360 distribution with over one thousand direct industry points, including London and major city stations, HR Directors, CEOs, hotels, leisure centres. People wanting a copy can order through the Emblem Group contact below.

We are keeping the voice of the paper “conversational intelligent” and we hope that the classy design and the perceptive, relaxed content, will enhance the pleasure of the newspaper’s reading experience and will make TeamPlayer360 an important addition on the monthly ‘must-read’ media circuit.

We are turning the trend on its head and producing a high quality PRINTED newspaper. TeamPlayer360 is a unique and important new voice for HR professionals and Jobseekers and provides a platform for the industry helping to build an important interactive bridge between both sides of the playing field. We hope you enjoy the read. Write to us and let us know what you think or indeed you might like to contribute! If you would like a copy email us.

 

Vanessa Champion, Editor

London, May 2014

Candy Crush recruiting

candyIt’s amazing how much things have changed. The old truism used to be “I’ll know whether I’m going to hire someone in the first 30 seconds of an interview” may still linger, but getting a candidate to that stage is now a sleek, sophisticated and crucially TECHNICAL process. Here’s what may happen…

The job specification is posted online – via an ATS. Possible targets are quickly automatically targeted and respond – again via the ATS. The CV is parsed, disassembled and relevant key words dropped into silos. Credentials and key documents are checked. If enough barriers are removed, the candidate may be through to the second level. It’s a bit like Candy Crush, trying to get ingredients to the bottom but with so much outside your direct control.

At this stage there may be a degree of human interaction with the HR/recruiting team and so by the time the candidate walks through the door, you would hope that they fit the role applied for.

But then comes that old gut feeling that no amount of competency-based interviewing can alter. Is it right to ignore the reaction? Or could we seek ways to quantify and analyse that reaction scientifically? Can we/should we be able to recruit only people we like or can at least get on with? Is this where the soul of recruitment resides…?