The study surveyed 1,001 students graduating from university in 2017 and entering the job market, it marked an 11% rise form the same study conducted in 2015.
However, graduates were hopeful that their degrees would lead to a job in their chosen field, with 63% stating they expected a full-time role once they left university. Around 60% of the most recent graduates had scored such a position, up from just 42% in 2015.
Graduates were found to be willing to relocate for their preferred position, with 83% claiming to be happy to move for work. The current economy will likely have 2017 graduates looking in a different city for a job or commuting further.
Payal Vasudeva, managing director of Accenture Strategy, said businesses should be trying to understand how to better motivate grads. “The proportion of graduates who feel that they are underemployed increased again this year – up to 71% from 60% in 2015,” she said.
“Paradoxically, this is set against a backdrop of more grads being employed full time in their field of study, up from 46% to 60% over the past 12 months. This highlights a need for companies to understand what motivates Gen Z graduates and provide a meaningful employee experience for them.’’
If your business needs advice or guidance regarding graduate jobs, please contact HPC. We are a UK leading specialist in Employment law, HR and Health and Safety Services, email us on Support@HighPerformanceConsultancy.com or call directly on 0844 800 5932.