Yes, these gave me valuable transferable skills and work experience and furthered my career prospects. The reality is different. But the culture of work has changed in recent times, with more flexibility and fluidity within the labour market that seems to make the rigid grad scheme infrastructure seem rather anachronistic. Graduate schemes are great for the right person, but they not the only option out there. All this on top of the inevitably hectic rush of third year finals; otherwise known as the pinnacle of three years hard work. Students should be focusing on these defining academic achievements that will stay with them for life, not on time absorbed looking for jobs. They are a great way of gaining valuable work experience in a variety of sectors as well as determining whether a chosen sector is for you. Having gone through the Milkround in my final year, I know how much time it takes. As an undergraduate at York last year, I certainly got caught up in the Milkround panic.
SMEs with the very best students and graduates. Paid internships undeniably need to become the exception and not the norm. And who could blame students? Yes, I was surprised as well. If you do, I envy you. But times are changing. Graduates have a huge amount to offer SMEs looking to expand, and many offer internships. This is the time of year that finalists are starting to panic.
Sabina Usher is a History graduate from the University of York. At the beginning of 2012, SMEs accounted for 99. Grad schemes are great if you aspire to work for the Big 100 or know which sector you want to go into. Internships have got some pretty bad press of late, the term becoming synonymous with unpaid labour. Ever thought of an internship at an SME? Who knows what they want to do at 21? Internships at small and medium businesses are likely to offer you key training and work alongside key employers. Be patient, have faith and try new things. But more than this, internships need to become an acclaimed alternative to the institutionalised grad scheme. With the graduate labour market saturated and an average of 73 grads applying for each role, this predicament will be becoming all the more familiar with graduates.
Christmas holidays trying again. Something better might be just around the corner. There are lots of other ways into almost all sectors. The deadlines for companies I thought were my first choice had passed but a second round approached and so I kept researching. It is a myth that in this economy graduates cannot afford to pick and choose. The guarantee of going straight into paid work and gaining a foothold on the career ladder has never been more desirable in the current economic climate, where youth unemployment has hit its highest level since the 1980s. However, according to careers expert Alexandra Hemingway only a minority of students follow the graduate scheme path, so is this route really worth all the fuss that is made about it? Your first real experience of independence; making decisions as an adult when you do not feel like one and deciding what it is you actually want are some of the hardest challenges most of us have probably faced in our lives. The belief that a graduate scheme is the only path to success is so far removed from reality that it leads to a sense of panic among final year students that if they are not on a scheme by their graduation day they have somehow failed and will not be able to succeed in their career goals.
Now that those graduating this summer can expect to wait until they are at least 71 before receiving a state pension, getting it right at 21 or 22 is even more crucial. Failure to secure a lucrative employment contract may seem like the end of the world at the time, but it could turn out to be a blessing in disguise. The late teens and early twenties are arguably the most formative part of our lives after early childhood and not difficult the scariest. As an ambitious person who wants to go into journalism I may one day apply for a graduate scheme. How is someone supposed to know what career path they want to pursue? Furthermore, even though such courses and internships often prepare you for specific industries, they also develop highly transferable skills and experience which could widen your future choices. Although a graduate scheme can seem a simpler and secure choice it may limit your room for future change.
The alternatives of postgraduate courses and unpaid internships might seem like a luxury for those who can afford them, but they will give you room to reflect and to determine your true career direction. There is nothing wrong with wanting stability but there is largely no such thing as a lifelong stable career anymore. The endless cycle of applications, assessment days and rejection letters encourages the student to accept the first job offer they receive, rather than the one that is right for them. With a little patience and faith it could be that you find something better than you could have had possibly imagined achieving through a graduate scheme. Hugh Hopkins, 22, will graduate with a degree in business and communications from the University of Birmingham this summer and plans to set up his own business. There is too much pressure to get onto a grad scheme. With industries offering jobs that did not exist 10 years ago and employees jumping from job title to job title it pays to be flexible and innovative.
If I had got a graduate placement I may have had job security but I would not have the room to develop my own particular voice as a writer, or even as an adult. And he certainly encourages graduates to cast their net wider. Started in 2007, Songkick now has more than a million users a month. SMEs as employers and the opportunities they offer. If you want to, go for it. November of our final year. Big companies do the rounds, displaying their wares on campus and making anyone with a remote interest in a graduate scheme forget about the abundant, and possibly much better, alternatives. Songkick has refrained from posting their jobs all over campuses, allowing applicants to seek them out for themselves. Applicants are swamped with pages of questions and forms to fill out before they discover whether they have what it takes for an interview. Hancock, who himself started as an intern for Songkick, describes finding out about the opportunity by being so impressed with the app he started researching job prospects.
Audi A4 in your garage on day one. Those are modestly paid ones too. Named the 7th best start up in the UK by Wired magazine, Songkick is an app that tracks the bands a user likes and alerts them to concerts, using social media and personal data. Time consuming and heart breaking after the first five rejections, definitely. My university campus made that impossible: it was awash with stalls set up by companies like Deloitte and KPMG, offering free keyrings in return for a speech from a brand rep about why I should apply to them. Tax consultancies, including the Big 4 accountancy firms, seek graduates in law as well as accounting, tax or business. There are a few training schemes available and most posts will be advertised individually when they become vacant. Legal knowledge is useful for many areas of consulting.
They look for evidence of problem solving, persuasion, gaining the trust of clients and organisational skills during their recruitment process. Budget brings with it new legislation so a background in analysing legal changes is useful. Intellectual rigour, diplomacy, stamina and negotiation skills are all important in City careers and can be demonstrated by law students. Those who join the Fast Stream are guaranteed a series of intensive job placements designed to prepare them for senior managerial positions. Visit the TARGETjobs employer hubs to research potential employers and make applications. Good research skills are essential in consulting: your clients expect you to get up to speed with their industry and business in record time. As such, recruiters in a range of industries are keen to attract law graduates. Management consulting requires analytical thinkers who can work with everyone, from the chief executive to the operative, to help an organisation achieve its objectives or implement substantial changes to its working practices. Vacancies are advertised in the national press and their respective websites, and through specialist recruitment agencies.
Your law degree may exempt you from some of the exams tax practitioners sit to profit the professional qualifications to become a tax consultant. Other roles at the Houses of Parliament are recruited separately and vacancies are advertised in the national press and their respective websites. More specialist programmes cover financial management and IT. Appointments are made via the same Civil Service Fast Stream programme described above. Many of the skills developed on a law degree and during legal work experience transfer well to this field: having an eye for detail; an analytical mind; good negotiation skills; and being good with people from all walks of life. Experience of debating and mooting at university gave me confidence when giving presentations and speaking to clients. They are likely to work with directors and senior staff and may be involved in planning, finance and arranging insurance. Analytical and research skills, for example, are needed by not just solicitors or barristers but most other professions. Company secretaries ensure organisations comply with company law and regulations.
HR or tax advisory work. Large corporate and financial organisations offer a variety of management training schemes. The competencies you are developing during your law degree and legal work experience are relevant in many alternative careers. As with many graduate roles, City careers involve a stringent recruitment process. As well as its traditional work of collecting tax, HMRC is responsible for making sure the national minimum wage is properly paid, paying tax credits and collecting student loans. Their work includes maintaining records about an organisation, preparing reports and keeping directors up to date with legal developments. Graduates can enter loss of money adjusting careers with many degree backgrounds, although some employers such as GAB Robins tell us that they particularly welcome applicants from a law background.
Read our investment banking and finance advice to help you narrow down your options. The skills you profit through legal training are transferable to many different roles beyond qualifying as a solicitor or barrister. Fast streamers move between projects and sections within their departments and take up postings in other departments and agencies. The Civil Service Fast Stream offers approximately 700 graduate vacancies each year in a wide range of Civil Service departments. loss of money adjusters are called in by insurance companies to verify claims. Being able to anticipate both sides of an argument is useful when recommending a stock.
The fact that you have chosen to continue learning for three or four years instead of working suggests that you were willing to make a significant investment because you saw the potential benefits. Legal knowledge opens up other paths too. Whether a lab report, an essay, a research paper or a scrapbook, you will almost certainly have had to put together written coursework for assessment. But the finance sector is more than the City. If you want to work in the City you will need experience, enthusiasm and a high level of numeracy. In a similar way you should have learnt how to present information and structure a persuasive argument.
If you are considering teaching, be aware that some providers of training for primary teaching prefer you to have a degree in a national curriculum subject, while for secondary teaching you will need a degree in the subject you wish to teach or a subject that is closely related. Graduates who have not studied law at undergraduate level need to take a law conversion course before going on to further study that will prepare them to practise as a solicitor or barrister. However, there are some generalisations that can be made about the kind of employability skills that graduates should have acquired during their time in university, and the personal strengths they should have had the opportunity to develop. It should also be a good indication of how you perform under pressure. Could a postgraduate conversion course be your route into an IT career? IT consultant or systems analyst. Civil Service or law.
You should also have learned good written communication skills. We have put together a series of guides for confused graduates seeking career ideas and options. In them we outline some key skills that are gained in each degree, and what you can do with them. Involved here are research skills, planning and organising notes, time management, independent working and critical analysis, not to mention the ability to clearly get your ideas across in writing. How do you train to become a teacher? This means that you should have a certain degree of tact and empathy.
Your analytical skills are in demand. You should have gained a certain amount of emotional intelligence. IT or urban planning. But it may also be because you have lived with a bunch of new people from different backgrounds in an unfamiliar environment. In these classes students are encouraged to share opinions, lead discussions and even present topics to the class. What is more, you will have written for a specific audience, whether an examiner or a tutor.
There are jobs in law, finance, IT and management that are open to graduates from any degree background. Most courses have some form of seminar content, even if it is only a token measure to ensure that different learning styles are covered. As with management training, many large employers also run finance graduate schemes within their own finance departments. IT or patent work. By the end of uni you will have written significant amounts of paperwork. However, if you wish to teach in a shortage subject it is possible to undertake subject knowledge extension courses to get your subject knowledge up to scratch. Would it make you feel more comfortable if you had completed some formal learning in the area before applying for jobs? There are some careers where additional training or postgraduate study will help.
In employability terms this makes you good at communicating and a capable team player. If this is the case then you should know how to present information orally and visually, as well as how to debate a topic. Do you need particular specialist knowledge or technical skills to help you get into jobs you have seen advertised that interest you? They recognise that in those three years you will have developed as a person. Other career areas that typically have conversion course options include IT, business and finance. IT, patent work, research and development. While there is a great deal of. Consultants can specialise in a range of fields, including strategic consulting, IT consulting, HR consulting and business process management. Popular areas of employment for business and management graduates include business, HR, finance, marketing, PR and sales. These will often provide professional training as well as experience and a decent salary.
Careers in consulting are another option. There is strong demand for economics graduates for financial and business roles, and as a result they are particularly well placed to move into professional level employment within a short time after finishing their degrees. Economics and business students typically have good commercial awareness, one of the qualities highly sought after by recruiters. This guide should help you think about the skills you have, the jobs they can be applied to, and the options available. What is more, they are able to effectively apply their knowledge of industries to the job. Whether you want to know what your options are or are looking for alternative careers, you can find some ideas here. One of your options is to join a scheme with one of the big graduate recruiters. Past employers are a good first stop to test the waters. MBAs or graduate degrees.
The holiday season, too, is a great time to land a temporary job. Avon, Cutco or Mary Kay can be profitable, and there are plenty of opportunities to do so. You might also want to use websites such as PatinaSolutions. Summer vacations, spring breaks and holidays are peak demand times. Contact former colleagues and clients for help in identifying opportunities. Plenty of jobs run the course of a season, such as fall, winter, or summer, and can help you pay bills and keep busy. Another hourly position gaining traction is Uber or Lyft driver. If you have a flair for the written word and a clear grasp of spelling, grammar, punctuation and usage, you can find a wide range of writing and editing jobs. The level of activity depends on your charge. To fly solo, become an enrolled agent with the Internal Revenue Service.
You could sell your creations on a website like Etsy, a marketplace for handmade items. The trick to landing assignments is leveraging your professional network. Ask if they need an extra hand on an assignment basis for online and print articles, brochures and press releases. Advertise your services in community newspapers, on neighborhood listservs, on bulletin boards in apartment buildings, in retirement or adult community residences, and in local grocery stores. Duties include preparing financial reports, processing payroll checks, invoicing and tracking down delinquent accounts. Tax preparers are in hot demand during the first part of the year. If you like the great outdoors, each year the National Park Service, as well as state and local parks, hires temporary and seasonal employees. To work for certain employers, you need to know specialized vocabulary, such as legal or medical terms. Find more from Kerry at Kerryhannon.
Many of these companies have been scrutinized for illegal practices or pyramid schemes. If you sign on to be a personal assistant, you may be asked to handle a variety of tasks: organize bills, papers and appointment calendars; accompany someone to doctor appointments; pay bills; handle laundry duties; run errands; cart around children; walk the dog; track and file medical bills and insurance payments; make meals; shop for groceries. It helps stave off dipping into retirement accounts and makes it easier to delay Social Security benefits. For those with fluency in two languages, there are a growing number of opportunities for translators and interpreters. AARP trains all volunteers. National Park Service to provide facility and concession management. The beauty of it is, you can turn the app on only when you want to work. Even people who have saved for retirement see continuing to work in some fashion as a financial safety net.
There are also psychological and health reasons to consider, including staying engaged with a social network and feeling relevant. Her latest book is Getting the Job You Want After 50 for Dummies. Substitute teaching, working as an adjunct professor or doing private tutoring during the school year is another seasonal possibility. Retailers have a seasonal demand not only for sales clerks but also for customer service helpers, cashiers, stockroom clerks and security guards. If you have the qualifications, you may be in charge of helping to prepare annual tax returns. Some firms will ask you to monitor checking and savings accounts and track credit card bills, too.
You can also use websites such as Upwork. Reach out to local associations and organizations, nonprofits, community newsletters and other regional publications. You may also find restaurant employment, as a greeter, server, bartender or barista. Graphic designers can find plenty of assignments designing websites, logos, letterhead, business cards, restaurant menus, marketing brochures and much more. UPS and FedEx are inundated with a surge in demand and hire accordingly. Each important step in the process of designing. This book aims to support the design and delivery of more effective local and regional economic development strategies.
After you bag your dream role, you should aim to develop professionally by honing your skills. We explain the skills and experience you need to impress employers, such as CV writing, how to ace job interviews and much more. There are many opportunities available to you, and we can help you find out which one suits you the best. In this section, we give you the perfect foundation for career success, like how to communicate with your manager and peers plus how to act and dress in a work setting. Start by deciding what you want the first step of your career to be. With our engaged audience, you can find all the quality talent you need for your business. Milkround is the perfect place to recruit school leavers, students and graduates. The second purpose is important to remember.
Referral bonuses are typically hundreds to thousands of dollars and normally depend on the level of the new hire. Before joining a new company, be sure to account for every kind of compensation program in which you participate. You can also earn bonuses for being hired or getting your friend a job at your company. In some cases, commission percentages can increase with higher sales volume. This is key to understanding how not difficult or difficult hitting your goals will be. Employers are comfortable in hiring friends of employees because employees are unlikely to recommend people who will make them look bad. Task bonuses are given to a team of employees for achieving a milestone or for completing an important project. Sales commissions are supposed to be a significant source of income for sales employees, making up at least 50 percent of total cash compensation. Some companies reward employees on the spot for achievements that deserve special recognition.
Learn how your company makes money and how your position can help it make more. You can get these for just being extra helpful. In hot job markets, it can be difficult for employers to find qualified personnel. The bonus lets employees know their employer wants them to complete the project or, in the case of a merger, to stay until a specified date so that critical activities can continue without disruption. You know your company has a good noncash bonus program if these awards are coveted, and if people who receive them display them proudly at their desks or in their homes. Usually these bonuses are offered sparingly, but they have been used more frequently in software and hardware development to encourage meeting tight deadlines. The certificate or trophy should be thoughtfully and cleverly designed, and appropriate to the occasion.
Again, this award is for the kind of achievement that deserves mention in your resume. There are several types of bonus programs. Their usage now extends to nearly all level of employees in all walks of life, especially when unemployment is low and top talent is hard to find. So if your former boss is a good fit for an opening, it might be worthwhile to let your new company know. Moreover, this type of award may help you get a promotion or a new job, so include it on your resume. These awards are sometimes coupled with a token tangible award, such as a gift certificate, a bonus day off, or a great parking space. If you are expecting a bonus in a few months, ask your new employer to buy you out of it. The annual report and other statements will give you an idea of how the company is performing. Retention bonuses are given to employees in unusual circumstances, such as a merger or acquisition, or when an important project needs to be completed.
Also, construct a business plan based on your understanding of your sales territory. In fewer cases, the percentage can decrease. profit sharing works best when employees become responsible for production quantity and quality and are encouraged to improve the way the product is made. Employees who have done a great job should have to come to the front of a crowded room at a special ceremony, as if they are receiving an Academy Award. This program reflects a philosophy that employees know their job best. One very basic type of bonus program is current profit sharing. Many employers would rather not pay this fee, and instead offer referral bonuses to employees for recommending friends and acquaintances.
This type of bonus program is most common in manufacturing plants and is designed to reward productivity and improved product quality. Sometimes the bonuses are given across the board, and sometimes they are given in larger percentages of compensation the more someone makes. Sometimes these programs incorporate a quality measure to guard against too much focus on speed. These programs are often very successful, transforming the manufacturing plant into a center of employee commitment. Usually these awards are paid out as a percentage of sales volume. It all depends on the scheme.
Sales commissions are awarded to salespeople for selling. Retention bonuses are usually about 10 to 15 percent of salary. profit sharing programs pay out bonuses for statistical improvements in production and quality on a quarterly or sometimes monthly basis, providing a sense of excitement for participants.
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