As graduates across the country start to flood the jobs market, appeals go out to businesses to invest in their future resources.
In recent reports, we have seen the number of young people aged 18-24 out of work continue to rise. Graduates who are struggling to find work related to their degrees are taking jobs as retail assistants, shelf stackers and generally menial jobs on low salaries.
The problem which exists is that many of these talented graduates can get stuck, gaining no real commercial experience related to their qualifications, and thus go on to lack the competitive advantage and confidence required in the marketplace. In turn, this has a significant negative impact on the availability of skilled talent for future business resources.
Some graduates who are concerned about entering the jobs market are choosing to go straight into studying for a Master’s degree. Although an understandable option, this does mean individuals continue to lack the vital commercial experience to complement their qualifications.
The surplus of young people and the limited jobs available perhaps requires the provision of additional routes into employment. Vacancies do exist, but it may be a case of graduates and businesses being more flexible and open to different opportunities.
With student placements during study now commonplace for many university courses, why, as a business community, could we not consider post-graduation coaching placements? These could provide a real win-win situation for graduates and businesses.
While graduates would be able to gain ongoing development, adding real value to their CVs, businesses could gain additional short-term resources while nurturing future talented leaders through supplementary learning and development.
If you are a graduate and finding it difficult to gain a professional position:
Boost your CV. Take the time to research opportunities which will add value to your CV – whether this is a gap year working abroad, youth/voluntary work and/or internships – but try to engage in opportunities which will develop your skills.
Stay motivated. It’s important to stay motivated as it can take time to secure an appropriate professional job. If you begin to feel de-motivated, talk to friends or family, or find a coach who you can discuss your options with. Make an action plan on how you are going to get that dream job, and stay focused.
Gain commercial placements/internships. If you are a 2010 graduate, you may be up against 2008 and 2009 graduates who have had up to two years to gain experience. If you only have academic qualifications without commercial experience, it may be tougher to secure your preferred position. Therefore, if you can demonstrate learning and experience in a similar environment, your potential will be much more attractive to employers.
Coaching and training. As a new graduate, it is unlikely you will have funds to invest in specific training. However, if you are offered an unpaid internship, why not try to negotiate some training investment instead? Or accept a reasonable salary and supplement this with some paid coaching sessions.
Alternatively, if you are part of the business community and either run your own business or are in a leadership position, could you provide postgraduate placements to help develop young graduates?
There should be no need for us to lose a generation of skilled talent. As a business community, we must remind ourselves of where we once were, consider our future resources and take action to invest in our employees of the future.
By providing postgraduate placements, coupled with coaching and training to supplement learning and development, we could ensure that talented graduates receive continued support and progression into business.
Mindful aims to provide development solutions to individuals and businesses, helping unleash potential and leading to improved performance, growth and, ultimately, success, both professional and personal.