HRreview Header

Firms’ wary of withdrawing for graduate recruitment’

-

Despite the current economic uncertainties, many companies are wary of withdrawing entirely from the graduate recruitment market, an expert has said.

According to Elspeth Farrar, communications director for the Association of Graduate Careers Advisory Services (AGCAS), firms fear that such a move would result in a loss of student "confidence, interest and profile on campus".

She said: "This year, by the time [the credit crunch] really began to hit, a lot of companies had already got fairly well through their recruitment and selection processes.

"And most organisations say that they are going ahead, they are honouring any offers and expecting to carry on with recruitment."

 

HRreview Logo

Get our essential daily HR news and updates.

This field is for validation purposes and should be left unchanged.
Weekday HR updates. Unsubscribe anytime.
This field is hidden when viewing the form
This field is hidden when viewing the form
Optin_date
This field is hidden when viewing the form

 

 

Ms Farrar added that some organisations got their "fingers burned" during previous recessions as a result of stopping recruitment completely.

Earlier this month, research published by the Hotonline Network revealed that jobseekers in the UK remain positive despite reports of a labour market slowdown, with 84 per cent of candidates questioned reporting they feel they are either more likely or equally as likely to find a job this year as they were in 2007.

Latest news

Middle East air disruption leaves UK staff stranded as employers weigh pay and absence decisions

Employers face complex decisions on pay, leave and remote working as travel disruption leaves British staff stranded in the Middle East.

Govt launches gender pay gap and menopause action plans to help women ‘thrive at work’

Employers are encouraged to publish action plans to reduce pay disparities and support staff experiencing menopause under new government measures.

Call for stronger professional standards to rebuild trust in jobs

Professional bodies call for stronger standards and Chartered status to improve trust, accountability and consistency across roles.

Modulr partners with HiBob to streamline payroll payments

Partnership integrates payments automation into payroll workflows to reduce manual processing and improve pay day reliability.
- Advertisement -

Jake Young: Strong workplace connections are the foundation of good leadership

Effective leaders are, understandably, viewed as key to organisational success. Good leaders are felt to improve employee engagement, productivity and retention.

AI reshapes finance jobs as entry-level roles come under pressure

Employers prioritise digital skills over traditional accounting as AI reshapes finance roles and raises concerns over entry-level opportunities.

Must read

Lucinda Bromfield: Interview small talk

It is hard to find a safe topic of...

Harry Bliss: What’s next for employee mental health?

While many employers have taken the important step of putting mental health support systems in place, writes Harry Bliss, our data has shown a reluctance among employees to engage with them.
- Advertisement -

You might also likeRELATED
Recommended to you