Employers planning a rise in graduate recruitment
Mon, 2 Jun 2014
Employers are set to increase the number of graduates they hire by as much as 18% this year, according to the latest research from Income Data Services (IDS), the UK-based employment research organisation.
According to IDS’s ‘Pay and Progression for Graduates’ report, the financial sector is looking to hire 42% more graduates than it did last year, more than twice as fast as the 18% rise in graduate hiring expected across all professions.
The manufacturing and service sectors are also optimistic, with both expecting to increase their graduate recruitment by 22%.
Despite the recruitment upturn, the research shows this is not translating into higher graduate starting salaries, with over half (57%) of employers freezing their graduate starting salaries last year.