View all newsletters
Receive our newsletter - data, insights and analysis delivered to you

Graduates only have eyes for the big guys: survey

SMEs ignore smaller companies in favour of the "stability" offered by a larger organisation

By Cbr Rolling Blog

Many graduates are ignoring the possibility of finding a job with small and medium enterprises (SMEs) because they believe larger organisations offer them the nest chance of getting a stable job, according to a new report.

The study, carried out by managed services provider Iconnyx, also found that many graduates are shunning use of social media, including business-oriented LinkedIn, when it comes to job hunting.

The company quizzed UK SMEs and recruitment agencies and found that just 25% of graduates "proactively" seek employment with an SME as they believe that larger organisations can offer better job prospects with greater stability.

When it comes to use of social media to help them find a job, just one in 10 graduates said they have a LinkedIn profile and are actively using it to hunt for a job. Slightly more worryingly only one in three graduates have even heard of LinkedIn and been encouraged to use it by their university.

"The issues for both ‘top talent’ graduates and growing SMEs alike are frustrating in that there is no obvious forum for the two to connect and ‘sell’ to each other," said Tim Walker, managing director of Iconnyx.

"Universities need to alert their talent to the opportunities that exist in UK small to medium businesses as well as channels for reaching them. It’s frustrating to see that high-growth companies typically lose out on the best of graduate talent for these reasons. Universities should invite SMEs and networks like LinkedIn into the student community far earlier," he added.

The results of the social media aspect of this survey is in stark contrast to recent findings from recruitment firm Reesmarx europe that claimed around one-third of respondents had used a social network site to secure a new job.

Content from our partners
Unlocking growth through hybrid cloud: 5 key takeaways
How businesses can safeguard themselves on the cyber frontline
How hackers’ tactics are evolving in an increasingly complex landscape

LinkedIn was unsurprisingly top of the job hunting pile, with 27% of respondents saying they’d used that service to get new work. A further 6% said they had used a different social network to hunt down a new career opportunity.

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.