“Graduate recruitment has seen considerable change over the last few years, and was one of the big casualties of the recent recession, as companies cut budgets and hired less. To survive in this space companies have had to embrace change and be prepared to do things differently,” comments Anna- Lise Johnsen, a director at graduate recruiter Milkround in the UK. Cost is the big driver of these changes. According
to Australian recruitment expert Thomas Shaw, it costs £6,000-7,000 (roughly €7,000-8,000) to recruit a graduate using the tried- and-tested method of appearing at campuses and arranging interviews.
COMPANIES ARE SPENDING A LOT LESS TIME ON CAMPUS THAN THEY USED TO
Companies are spending a lot less time on campus than they used to, Shaw warns, as recruitment budgets decline. Instead, as a survey
by the online job board Monster Europe shows, companies are spending 25% of their recruitment time screening candidates on Facebook and LinkedIn before even making contact with them. While this is not necessarily permitted by national legislation,
Graduate Insight
Rita Engel
Leipzig, Germany resident Rita Engel has a master’s degree from the University of
According to Monster Europe, it is German companies doing the most