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Talent Management Division
Employability Employability & &
Access to the ProfessionsAccess to the Professions
Jonathan WalpoleParity Talent Management
22nd February 2012
Talent Management Division
• Designing and delivering Student and Graduate Employability programmes;• Facilitated the employment and early career development of 10,000 graduates;• Sustainable Graduate level opportunities - Employability rate of 96% (Dec 2011);• Works in partnership with FE/HE, Govt Departments, SSCs, CoCs, LEPs, Councils, NAS etc;• Tailors to the real needs of businesses AND the development of students / graduates; • £15,000 average return on placements during 2011.
Parity Talent Management
Talent Management Division
Employability – The Challenge
• 82% of co’s said Employability Skills are the most important factor when recruiting Graduates (CBI/EDI Education & skills survey 2011);
• Over 2/3rds of employers want the development of Employability Skills made a top priority (CBI/EDI Education & skills survey 2011);
• ‘To improve my job opportunities’ – 79% of students - why they went to University (CBI/NUS survey - Working towards your future 2011);
• 70% of co’s want to see students doing more to prepare themselves to be effective in the workplace (CBI/EDI Education & skills survey 2011);
• Engagement with local industry and employers.
Talent Management Division
The Impact• Student /Graduate:- 1 in 5 Graduates from 2010 failed to get a job last year (ONS Jan 2011);- 139,240 Graduates from 2010 are Under-Employed (ONS Jan 2011);- Burden of payment moved from taxpayer to individual / family.• University:- Burden of payment will lead to more discerning applicants;- Increased choice through evolvement of Studio Schools and UTCs.• Economy: - ‘66,080 Graduates from last year are not equipped with the employability skills they need for the workplace’ (CBI Report); - Skill shortages making succession planning impossible (SSC Report);- Impact of UK PLC in the global market place?
Talent Management Division
CBCBI
Source: CBI/NUS survey - Working towards your future 2011
Talent Management Division
What are employers saying...?
Employers report some notable shortfalls in graduates’ employability skills
Vast majority of graduates have many of these capabilities to some extent
Employers increasingly will be testing for these skills as part of their selection process
Talent Management Division
HEIs’ response....
• Importance of employability varies from HEI to HEI;• Regional engagement with employers;• Offering high quality work placements or sandwich years within courses;• Building work-linked skills into the course design and delivery;• Developing a sense of the employability skills expected from graduates;• Helping students to demonstrate competencies at interview;• Offering formal accreditation of employability skills.
‘Over half the students we surveyed said the importance of employability skills has been explained to them’
‘Tutors on my course’ - response from 64% of students when asked who had explained the
importance Source: CBI / NUS survey – Working towards your future 2011
Talent Management Division Talent Management Division
COMPANY ATTRACTION
DEFINE BUSINESS
IMPROVEMENTPROJECT WITH
COMPANY
COMPANY ATTRACTION
DEFINE BUSINESS
IMPROVEMENTPROJECT WITH
COMPANY
Gra
duat
e Al
loca
tion
Gra
duat
e Al
loca
tion
MAT
CHIN
G P
ROCE
SSM
ATCH
ING
PRO
CESS
SER
IES
OF
MAS
TER
CLAS
SES
TO
EN
SURE
GRA
DS
ARE
‘WO
RK R
EAD
Y’
SER
IES
OF
MAS
TER
CLAS
SES
TO
EN
SURE
GRA
DS
ARE
‘WO
RK R
EAD
Y’ GRADUATES ARE EMPLOYED BY AND PAID BY SME FOR
PERIOD OF PROJECT
GRADUATES ARE EMPLOYED BY AND PAID BY SME FOR
PERIOD OF PROJECT
INDIVIDUAL COACHING FOR GRADUATE AND
COMPANY
INDIVIDUAL COACHING FOR GRADUATE AND
COMPANY
KEY OUTPUT = ACHIEVING BIP OBJECTIVES
KEY OUTPUT = ACHIEVING BIP OBJECTIVES
INTEGRATED SUPPORT FOR BUSINESS AND GRADUATE
INTEGRATED SUPPORT FOR BUSINESS AND GRADUATE
FINAL PROJECT PRESENTATION AND
EVALUATION
FINAL PROJECT PRESENTATION AND
EVALUATION
COMMERCIAL/BUSINESS AND PERSONAL DEVELOPMENT
EXPERIENCE FOR THE GRADUATE
COMMERCIAL/BUSINESS AND PERSONAL DEVELOPMENT
EXPERIENCE FOR THE GRADUATE
GRADUATE EMPLOYMENT % INCREASE FOR THE HEI
Typical Graduate Programme
GRADUATERECRUITMENT ASSESSMENT &
PROFILING
GRADUATERECRUITMENT ASSESSMENT &
PROFILING
TANGIBLE IMPACT AND MEASURABLE BUSINESS
IMPROVEMENTS
LOCAL ECONOMIC GROWTH AND TALENT
DEVELOPMENT
Talent Management Division
For more information, please contact:
Jonathan [email protected]
07932 598 111
www.parity.net