Employers must adapt to new generation of graduates

Employers must adapt to new generation of graduates

Keywords: Graduates, Job satisfaction, Retention

Employers stand to lose up to £3 million if they fail to adapt to a new generation of graduate recruits. An Association of Graduate Recruiters (AGR)report reveals that the latest generation of graduates have different priorities and expectations of the workplace from their predecessors. If employers fail to adapt to their new recruits, they risk losing four out of five graduate recruits in five years. Given the high cost of recruiting and training graduates, this can represent a loss of some £3 million to graduate employers with the poorest record on staff retention. AGR chief executive Carl Gilleard comments:

This new generation of graduates wants to succeed on its own terms,and that does not always mean a fatter salary. Employers need to respond to the graduates' desire to balance work and personal life and be honest about what graduates can expect from working life.