In keeping with the “back to school” feeling of late September, we decided to have a look at what kind of work experience recent graduates are doing. We analysed the duration of graduates’ work experience by sector to find out which were the 10 most common. These are the results…
Hospitality and Leisure rank first as the most common sector graduates have had experience in. This comes as no surprise as this sector has fairly low barriers to entry and can provide students and recent graduates with useful part-time work.
Interestingly, Engineering ranks second, with an average of 67 weeks (roughly 1 year and 15 weeks) of work experience. This may be due to an increasingly competitive job market with many recent graduates struggling to get a job, despite the shortage of engineers in the UK. So potential engineers could be doing even more work experience to gain an edge over their peers.
In third place we have News & Media. The amount of work experience graduates are doing in this sector suggests that long internships are common practice before they are offered formal employment. This can be especially true in journalism where a few months, usually unpaid, is almost deemed a prerequisite for a getting a job.
Overall, it’s clear to see that UK graduates are a hardworking bunch who have done an average of 43 weeks work experience! It’s no secret that in an increasingly competitive job market employers are placing more and more emphasis on work experience, rather than other factors, such as degree classification.
This is reflected in the mentality of many university students – who are now clamouring for the best internships and work experience schemes. Yet, the unstoppable rise of work experience and internships may not prove beneficial to graduates in the long-term, especially if these internships are prolonged and unpaid.
This week’s news
🎁 The winner of our monthly client raffle is Talmix!
Huge congratulations to them! Your beers will be on their way to you shortly. If you want to be in with a chance of winning next month’s raffle, it’s really easy to enter – just launch a campaign with us!
📖Read our definitive list of the Top 20 London Start-ups & SME Employers
Including Monzo, BrainLabs, CityWire and more! Find out who made our Top 20 list for the best start-ups and SMEs to work for in the Big Smoke 🏙️.
What’s got us talking this week
🎧 Tech Trends & Capital | a16z Podcast
This fascinating tech-focused podcast discusses what we can expect from the approaching ‘century of tech’. It discusses all from the history of startups and the internet, to the evolution of capital and infrastructure, with Chris Dixon (general partner on a16z crypto) arguing that the tech revolution will unlock more economic value that the industrial revolution of the last century.
📚The Peter Principle | Tim Harford Article
The Peter Principle, which states that ‘every employee rises to a level of incompetence’, is often treated as a joke. However, Tim Harford discusses whether there could be some truth in it and how we can avoid promoting people who excel at the their job to positions of management, that sometimes they can be wholly unsuited to.
📚 What the NHS could learn from Indian medical startups | Wired Article
This article looks at the innovations of Indian startups and how they are combating the nation’s medical needs using new technology. One such innovation is a handheld device that connects with a smartphone camera to detect blindness in patients.
If you’d like to receive our latest data releases via email, simply follow this link to subscribe to our Talent Trends newsletter.