ArticlesBase.com - Free Articles Directory
Free Online Articles Directory
13.10.2008 Sign In Register Hello Guest
Email:
Password:
Remember Me 
forgot your password?


Global Credit Crunch Could Affect Graduate Recruitment in the UK

Author: Edward Mellett Author Ranking Blue | Posted: 01-02-2008 | Comments: 0 | Views: 15 | Rating:  (52) Article Popularity - Blue (?) Got a Question? Ask.
Sign Up Now!

Research conducted by a leading graduate recruitment website suggests that the current downturn in the world economy could affect graduate recruitment in the UK, as companies cut back on excess expenditure.

This week employees at city firms were left unsatisfied by negligible end of year bonuses which fell short of last year's expectations. As economic conditions deteriorate around the world major firms will continue to slow down on unnecessary spending, such as funds spent recruiting new staff.

Major global firms such as PricewaterhouseCoopers and Deloitte generally hire over a thousand graduate applicants each year, but this figure could fall dramatically in 2008 as companies prepare for potential worldwide financial crisis.

Rather than making redundancies or cutting back on investment large firms may choose to cut out graduate recruitment altogether as a quick, surefire solution to save money during potential periods of recession. The costs of advertising jobs, hiring and training lowest level recruits is high compared to the costs of current employees and is consequently likely to be something most major firms chose to cut back on in the current unstable economic climate.

WikiJob

Rate this Article: Current: 0 / 5 stars - 0 vote(s).

Article Source: http://www.articlesbase.com/recruitment-articles/global-credit-crunch-could-affect-graduate-recruitment-in-the-uk-321800.html

Print this Article Print article   Email to a Friend Send to friend   Publish this Article on your Website Publish this Article   Send Author Feedback Author feedback  
About the Author:

Edward Mellett - WikiJob

For further information please contact Edward Mellett (Edward.Mellett@wikijob.co.uk). When re-publishing any element of this press release press include a link to www.WikiJob.co.uk.

Submitting articles has become one of the most popular means of generating quality backlinks and targeted traffic to your website. Join us today - It's Free!

Article Comments

Comment on this article Comment on this article
Your Name
Your Email:
Comment Body
Enter Validation Code: Captcha


Got a Question? Ask.

Ask the community a question about this article:

Q&A Powered by:
Powered by Yedda 

Latest Recruitment Articles

The Value of the Pmp® Credential
By: Michelle Labrosse | 09/10/2008
Certification Magazine reported that 3 letters -- PMP -- can spell an extra $10,000 in salary for job seekers, and bigger promotions and more job security for jobholders.

How to Become a Certified Translator
By: Lori S.m. Hollenback | 07/10/2008
Becoming a professional translator takes years of practice, dedication and understanding of the language.

Executive Recruitment - Learn How to Recruit the Best Candidates!
By: Kimberly Schenk | 06/10/2008
There's a big difference between the most available candidate and the most qualified. Professional Recruiters distinguish themselves from the riff-raff with training. Make yourself an invaluable asset to your employer or clients!

Days Rates Holding Up
By: Paul Wilson | 06/10/2008
This article discusses the day rates of interim managers in the current economic climate.

Health Care Jobs in Usa
By: John Stephen | 06/10/2008
In the U.S healthcare industry, job opportunities are steadily increasing in various disciplines including occupational therapy, speech language pathology and physical therapy. The healthcare industry offers you permanent and temporary jobs, travel assignments in different locations in the U.S, and long term and short term jobs. To make the most from healthcare jobs in USA, you need to have basic qualification in the corresponding professions.

The Advantages of Becoming Speech Language Pathologist
By: John Stephen | 06/10/2008
Speech language pathologists should be able to communicate in a way which can be understood by the clients. One of the advantages of becoming speech-language pathologists is that direct clinical services can be provided to individuals suffering with communication or swallowing disorders. As speech language pathologist, you can perform your job along with physicians, psychologists and social workers.

Travel Rehab Job Staffing
By: John Stephen | 06/10/2008
Travel rehab jobs are an ideal choice for individuals who are interested in a job which involves a lot of moving around. The travel rehab job staffing agencies act as a medium between the job providers and jobseekers. These travel rehab job staffing firms can provide jobs that are permanent or temporary, long term or short term, full time or weekend traveling jobs, depending on the candidates’ requirements and preferences.

Rehabilitation Therapy Jobs
By: John Stephen | 06/10/2008
To start an exciting career as a rehabilitation therapist in hospitals and rehabilitation centers in the US, prospective candidates need to be graduates in either physical therapy, occupational therapy or speech language pathology. Candidates can search for rehabilitation therapy jobs in online databases maintained by recruitment firms and opt for rehabilitation therapy jobs based on their qualification and experience in the field.

More from Edward Mellett

How to Get a Job in Five Steps
By: Edward Mellett | 22/11/2007 | Interviews
Attending job interviews is a very daunting process, especially if you have little or no previous experience. Traditional one-to-one meetings tend to be highly formal and intense, whilst group assessment days force graduates to compete, Apprentice style, for the glory of a graduate job. It's vital to prepare extensively for each company you visit, and follow these five key points: ==1. Research== Preparation is perhaps the most important part of your interview process. Spend at least a few hours researching your company before you do anything else. *'''Tip:''': Take a copy of your CV with you to the interview. Carry it in an executive style, A4 size, black holder. ==2. Arriving== The most important thing to get right and the easiest to get wrong is timing. Arriving even five minutes late, could quite easily cost you the job. Never take risks with interviews. Get the early train, and if you arrive with excess time clear your mind in a local coffee bar. Arrive at reception ten to fifteen minutes before your organised interview time and politely announce that you have arrived. Be confident and smile. It pays off to be nice to receptionists, interviewers sometimes ask for their opinions of you too! ==3. Meeting and Greeting== When you meet your interviewer stand up, smile, offer your hand and greet them by name if you know it. ==4. Be confident & outgoing== TIP*Interview nerves mean that candidates tend to speak too fast. Slow down, think about your answers and try to deliver your responses with gravitas. ==5. Ask relevant questions== Make sure you know enough about the company to ask an interesting question about it's future. Doing just a little research, showing you know something about the employeer will set you apart from the crowd. When the interviewer asks if you have any questions, have one ready. Box_Tip{text='''Tip:''' NEVER ask questions about salary or benefits at interview, as it gives a very bad impression to the interviewer. Employers are looking for someone with enthusiasm, who wants to work at the company no matter what but certainly not someone who is only interested in the cash.

Article Categories






Give Feedback

Sign up for our email newsletter

Receive updates, enter your email below