The market is a tough one for graduates and our employment stars of tomorrow have made the news yet again recently with the results of a survey conducted by WikiJob of over 1,000 students. We report on the results and just why we think WikiJob are filling a much needed void and providing a welcome portal for today’s struggling talent of tomorrow.
Graduates’ Biggest Fear
We reported on recruitment struggles throughout the UK market last week, one of which concerned graduates whose biggest fear is not landing a job in their preferred industry. Sixty one percent of graduates fear this the most, followed by earning enough money for a decent standard of living and getting burnt out in their career.
The Disparity Between University Learning and Work
The survey was conducted by WikiJob who provide welcome relief for graduates who, fresh out of education, often suffer making the move and adapting to the culture shock involved in landing and thriving in a full-time work environment. Employers feel graduates don’t have the soft skills required to succeed, and graduates find landing a position of choice incredibly competitive and a journey fraught with rejection and an oftentimes prolonged, drawn-out attack on their self-esteem.
All About WikiJob
WikiJob work solely in the finance industry, offering a freemium model with plenty of free resources available amongst some paid options. Their purpose is to prepare candidates for landing a graduate job in finance – and they do it very well!
The below services are what we as an agency feel makes the value up for candidates, allowing them to better prepare for the financial recruitment process:
• Practice Aptitude Tests: As with secondary school and the 11+ test, graduates can pay for the same aptitude tests used by employers, better preparing them not for the interview room, but the other scoring methods used by finance companies. These are helpfully split into verbal, numerical, SHL-style and Kenexa-style tests.
• Interview Training: Most graduates have limited experience of the intensive interview process involved in graduate recruitment – people who have been there and done it can coach candidates effectively from experience.
• Reviews: Big firms such as Lloyds, Allianz, Citi and KPMG are reviewed by individuals that work/have worked there detailing their best and worst points.
Additionally, they have a jobs board and forum – other useful tools to give graduates the get-ahead for the finance industry.
Finance and Accountancy Recruitment
Our team works a lot within finance and accountancy recruitment and we see first hand how tough it is for graduates out there who simply haven’t been armed with the skills needed to meet the demands of the recruitment process. The disconnect is obvious, and it’s wonderful to see the efforts and success of WikiJobs on bridging this.
"Most graduates have limited experience of the intensive interview process involved in graduate recruitment – people who have been there and done it can coach candidates effectively from experience."