According to the first ever Association of Graduate Recruiters Development Survey, published today, \u2018by training, coaching and developing our hires better we can directly improve the performance of our organizations\u2019. This is a defining belief of Discovery\u2019s work, so we\u2019ve put together a quick summary of the key findings for anyone who hasn\u2019t had a chance to peruse the report yet\u2026<\/p>\n
Resources<\/strong><\/p>\n Graduate hires typically make up 2.2% of all staff<\/strong> in the companies surveyed, and there are an average 21 graduate hires <\/strong>whose development is the responsibility of just 1 staff member<\/strong>. The survey also revealed that 18% <\/strong>of respondents cited business buy-in and resources <\/strong>as the greatest challenge <\/strong>they face in graduate development.<\/p>\n Development program design<\/strong><\/p>\n 64% <\/strong>of employers outsource <\/strong>at least some of their soft skills training<\/strong>, but 75.7% <\/strong>handle the design and strategy <\/strong>of graduate programs completely in-house<\/strong>. This suggests that employers feel relatively confident in the objectives of their programs, but less able to deliver the training itself.<\/p>\n 60.1% <\/strong>of employers use personality testing <\/strong>(mainly MBTI) in their programs, but just 14.7% <\/strong>use these systems in assessing future potential<\/strong>.<\/p>\n When it comes to measurement of potential<\/strong>, this is undertaken by 95.7% <\/strong>of companies. It is achieved primarily through appraisals (89%) <\/strong>and specialist development centers<\/strong> (16.6%)<\/strong>.<\/p>\n Skills development<\/strong><\/p>\n The most unexpected yet significant skills gap was in self-awareness<\/strong> \u2013 although employers do not seem to expect graduates to bring significant work-related skills with them to their post-university roles, they report being surprised by the lack of self-awareness shown by their graduates.<\/p>\n It is not just graduates who lack key skills \u2013 only 47.6% <\/strong>of respondents train managers <\/strong>in how to support graduate hires<\/strong>, and where training does exist, it averages just 4.2 hours<\/strong> in duration.<\/p>\n Retention<\/strong><\/p>\n According to the survey, the average graduate program retention rate is 90.7%<\/strong>, yet the average retention over the following 3 years <\/strong>is just 61.8%<\/strong> – but why?<\/p>\n The report identified the 3 top reasons cited by graduates for leaving their current company:<\/p>\n This suggests that the management of graduate expectations and the development of self-awareness should be top of the graduate training agenda to promote strong retention.<\/p>\n The survey also showed that graduates who are former interns<\/strong> stay on average 6 months longer <\/strong>than those who are not, highlighting the importance of work experience initiatives<\/strong>.<\/p>\n Measurement<\/strong><\/p>\n Finally, the report demonstrated a deficit in measuring just how effective graduate schemes are: just 53.2% <\/strong>measure the average rates of progression<\/strong>, and 77% <\/strong>do not measure the impact of training on graduate productivity<\/strong>.<\/p>\n Don\u2019t currently recruit graduates?<\/strong><\/p>\n The 9 key skills <\/strong>identified by the report can form the basis for the development of all emerging talent:<\/p>\n Watch this space for a more in-depth discussion of the AGR Development Survey which will come out later this week\u2026<\/p>","protected":false},"excerpt":{"rendered":" According to the first ever Association of Graduate Recruiters Development Survey, published today, \u2018by training, coaching and developing our hires better we can directly improve the performance of our organisations\u2019. This is a defining belief of Discovery\u2019s work, so we\u2019ve put together a quick summary of the key findings for anyone who hasn\u2019t had a […]<\/p>\n","protected":false},"author":1,"featured_media":8197,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_breakdance_hide_in_design_set":false,"_breakdance_tags":"","footnotes":"","_members_access_role":[],"_members_access_error":""},"categories":[17],"tags":[],"class_list":["post-3569","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/discovery-adr.com\/us\/wp-json\/wp\/v2\/posts\/3569","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/discovery-adr.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/discovery-adr.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/discovery-adr.com\/us\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/discovery-adr.com\/us\/wp-json\/wp\/v2\/comments?post=3569"}],"version-history":[{"count":0,"href":"https:\/\/discovery-adr.com\/us\/wp-json\/wp\/v2\/posts\/3569\/revisions"}],"wp:attachment":[{"href":"https:\/\/discovery-adr.com\/us\/wp-json\/wp\/v2\/media?parent=3569"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/discovery-adr.com\/us\/wp-json\/wp\/v2\/categories?post=3569"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/discovery-adr.com\/us\/wp-json\/wp\/v2\/tags?post=3569"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
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