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How Brexit will really impact employers and graduates - 14 March 2019

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How Brexit will really impact employers and graduates

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How Brexit will really impact employers and graduates - 14 March 2019

  1. 1. Welcome Simon Rogers Director, GTI
  2. 2. What happens when we jump
  3. 3. 2019 dates 14 March 2019 6 June 2019 26 September 2019 5 December 2019
  4. 4. We want to hear from you via Twitter #BNews19
  5. 5. Todays agenda Welcome and GTI Update Simon Rogers, Director, GTI The Economic Update Declan Curry, Broadcaster, Business and Economics Journalist Brexit – Employer Perspectives Tomas Christodoulou, Membership Development Manager, Institute of Student Employers (ISE) Engaging with Generation Brexit Mike Hanbidge, Consultant, Blackbridge Communications & Dasha Karzunina, Head of Research, Trendence UK Brexit: A Personal Story Gina Miller, Business Owner, Campaigner & Author
  6. 6. We would love to see you there! Book your table now
  7. 7. Manchester, April 2019 This unique event offers the opportunity for a group of employers to join forces and showcase themselves as LGBT+ friendly, aligning their brands with this community of students. It will include skills building sessions, networking activities, and a panel Q&A led by our partners National Student Pride.
  8. 8. Our unique membership attraction channels
  9. 9. Our membership and audience insights
  10. 10. Meeting your objectives
  11. 11. Dasha Karzunina Head of Research
  12. 12. Who are Trendence? What happens when we jump Almost 75,000 students DIVERSITY focused 130 universities ALL year groups All ONLINE
  13. 13. Thank you Simon Rogers Director, GTI
  14. 14. The Economic Update Declan Curry Broadcaster, Business and Economics Journalist
  15. 15. Thank you Declan Curry Broadcaster, Business and Economics Journalist
  16. 16. Brexit – Employer Perspectives Tomas Christodoulou (@SouthEastTom) Membership Development Manager, Institute of Student Employers (@IoSEorg) How will Brexit impact recruitment?
  17. 17. What happens when we jump
  18. 18. What happens when we jump • Survey ran for two weeks – January 2019 • Report is available for members on the ISE website – www.ise.org.uk • Explored the level of recruitment (this year and last year) and the effect of Brexit. • 97 responses, covering 13,909 hires in 2018 and 17,639 in 2019. ISE Pulse Survey 2019
  19. 19. What happens when we jump • All respondents were recruiting students. • 98% were recruiting graduates. • 73% were recruiting apprentices. 0 2000 4000 6000 8000 10000 12000 14000 16000 18000 20000 2018 2019 Numberofhires Graduates Apprentices Level of recruitment
  20. 20. What happens when we jump https://www.mentimeter.com/s/2ada0726f1c0f2652b1ca33ff2245071/d1c17ccb0d12
  21. 21. What happens when we jump Decrease 12% Stay the same 70% Increase 5% Don't know 13% After Brexit will your recruitment…
  22. 22. What happens when we jump Are you concerned about finding the talent you need after Brexit? Concerned 49% Not-concerned 18% Don't know 33%
  23. 23. What happens when we jump What are you concerned about? • Filling general entry level roles 17% • Finding general experienced hires 17% • Filling specialist roles at the entry level 32% • Finding specialist experienced hires 38%
  24. 24. Lessons from the past: Changes in the size of the graduate labour market 0 50 100 150 200 250 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Indexedto100in2000
  25. 25. What happens when we jump Lessons from the past: Index linked salary
  26. 26. What happens when we jump Conclusions • Things seem to be going surprisingly well! • Recruitment is growing for both graduates and apprentices despite uncertainty. • There are some concerns about Brexit, but these are largely concerns about access to specialist skills rather than sufficient labour supply. • One of the key dangers is whether there is a recession following Brexit. This is particularly worrying as the market has not fully recovered from 2008.
  27. 27. Thank you Tomas Christodoulou (@SouthEastTom) Membership Development Manager, Institute of Student Employers (@IoSEorg)
  28. 28. Engaging with Generation Brexit Mike Hanbidge, Consultant, Blackbridge Communications Dasha Karzunina, Head of Research, Trendence UK
  29. 29. Hello again… Already tagged What happens when we jump
  30. 30. For some... Already tagged What happens when we jump
  31. 31. For others… What happens when we jump
  32. 32. Graduates and first jobbers What happens when we jump
  33. 33. Generation Brexit – who participated? What happens when we jump 1 week in field 19% EU & 13% non-EU nationals 1,599 respondents 181 recent grads 34% voted remain
  34. 34. Dasha’s bit Intro to her Intro to trendence Why we could pull this around so fast with huge array of people Why we can really delve into the thoughts or our panel What else trendence can do. What happens when we jump
  35. 35. Generation Brexit What happens when we jump MARKET Worried about the unknown CANDIDATES Prepared to fight MARKETING Help them believe
  36. 36. Market: Worried about the unknown What happens when we jump
  37. 37. It will be harder What happens when we jump Easier 9% Harder 73% No difference 18% Easier Harder No difference 68%
  38. 38. The barriers they perceive What happens when we jump “More companies will leave the UK, thus less open vacancies available.” “There will be a squeeze in the economy probably. Low paid jobs will be available but there will be a mismatch in the skills and experience for most of the jobs. This will make it harder to find the job that suits your competency or skill level.” “I do not want to be limited to UK work.” “I am a civil engineering student and the construction industry is extremely dependent on the economic health of the country.” “Less jobs as companies moving out of UK so more competitive. Not have the same resources and benefits we have in EU.” “Investment is already cut in key sectors because of Brexit uncertainty. Firms are moving to the EU for market access, slower economic growth make the jobs market worse.”
  39. 39. It will take longer What happens when we jump
  40. 40. It will take longer What happens when we jump
  41. 41. And it’ll last for a long time… What happens when we jump 63% of undergraduates believe the Brexit Effect will last for three years or more 23% think it will last for over a decade 74% of first jobbers believe the Brexit Effect will last for three years or more 20% think it will last for over a decade
  42. 42. Candidates: Prepared to fight What happens when we jump
  43. 43. Life choices are the same What happens when we jump
  44. 44. Proactive at work What happens when we jump Action Undergraduates First jobbers More likely to demand more 33% 44% More likely to offer new ideas 30% 40% More likely to share my expertise 28% 30% Work longer hours 42% 43%
  45. 45. Getting on their bikes for work What happens when we jump 68% of students are willing to move over 50 miles from their home 44% of first jobbers are willing to relocate 62% of first jobbers should move over 50 miles
  46. 46. Bigger catchment, more considerations What happens when we jump
  47. 47. Marketing: Help them believe What happens when we jump
  48. 48. What they want What happens when we jump Strong salary Progression Job security Personal impact Training International work
  49. 49. The Brexit Effect What happens when we jump Strong salary Progression Job security Personal impact Training International work
  50. 50. Red-flag sectors What happens when we jump Investment banking Engineering Retail Accounting Law
  51. 51. Helping them What happens when we jump Graduates First jobbers Sections on the careers site 78% 73% Make a pledge 57% 57% An advisor on campus 31% 36% Make graduate numbers public 43% 38%
  52. 52. Key takeaways What happens when we jump
  53. 53. Generation Brexit – the takeaways What happens when we jump Change is coming and they are worried But they are remaining true to themselves and are coming out swinging Relocation offers opportunities You need to reaffirm parts of your proposition that you might have taken for granted Promises and information will help them believe
  54. 54. Thank you Mike Hanbidge, Consultant, Blackbridge Communications Dasha Karzunina, Head of Research, Trendence UK
  55. 55. Brexit: A Personal Story Gina Miller Business Owner, Campaigner & Author
  56. 56. Thank you Gina Miller Business Owner, Campaigner & Author
  57. 57. We would love to see you there! Book your table now

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