Considering expanding your company but unsure whether to hire graduates or seek out more experienced candidates?
Graduates can bring valuable qualities to a role regardless of whether you're a small start-up or a global corporation. While you may be apprehensive about hiring someone fresh out of university, it's important to keep in mind that all hires have a level of risk, and the advantages of hiring graduates can often outweigh the disadvantages.
It is evident that fresh graduates, who are mostly members of Gen-Z, have a great deal of untapped potential. Especially in today's global economy, these aspiring leaders hold the key to the future workforce. Due to the pandemic, they have sacrificed so much but have rebounded so powerfully, never giving up on learning and constantly looking for opportunities.
It is important to weigh your options carefully when deciding whether to hire graduates. Therefore, we have compiled a list of some of the benefits of hiring them:
They will maximise your ROI
Since graduates have limited experience, they aren't expecting a huge wage when they begin full-time employment. When you hire a graduate, you'll incur significantly lower costs than when you hire someone with experience.
Even though it may seem like a good idea to pay more for someone with experience, that isn't always the case when other factors, such as retaining staff, are taken into account. In exchange for a lower salary, graduates are looking for experience and training. If you are looking for a return on investment, training them to become leaders is definitely something you should consider.
They’re adaptable and influence-ready
Your company has the opportunity to mould graduates into exactly what you need, so that they become an integral part of your business. Due to their lack of work experience, they are less likely to be stuck in their ways or have bad habits that experienced hires may have acquired.
Having developed a habit for learning, graduates will also seek to develop continuously in the workplace. In this regard, they are often seen as blank canvasses and are open to new ideas, methods of working, and experiences.
They've got tech skills
Generally speaking, today's graduates have grown up around technology and are able to learn new tools and software quickly. It also allows them to assist other employees who may not be as familiar. Additionally, they can help companies brand themselves and network using social media.
They bring a fresh perspective
It is important to hire employees from different generations so that your workplace will be enriched with a variety of perspectives. Compared to their older colleagues, younger staff have a different understanding of the world and are more aware of current cultural trends. Therefore, they will be able to bring fresh perspectives and ideas to the table.
Graduates are driven and ambitious
After graduating, searching, applying, and securing a new position, graduates will generally begin their new position with a high level of drive and ambition, ready to do their best and work hard in order to succeed within your organisation. Having this level of enthusiasm can have a huge impact on your team and your company's morale.
They promote healthy competition
Staff who are enthusiastic and have new ideas can often motivate existing employees. Recruiting graduates often leads to the development of a company's entire team, fostering healthy competition among team members.
It is important to remember that many CEOs start off as graduates. If you provide graduates with proper training and career development, they can take your organisation to new heights in the future. Contact one of our expert Recruitment Consultants for help finding those top graduates who can drive your business forward.