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Graduate Recruitment (Industrial Report) - Ireland - April 2010

In response to increasing demand for data concerning the dynamic economy and growth markets of Northern Ireland and The Republic of Ireland, Mintel has developed a series of reports covering a wide variety of sectors within both of these dynamic regions. Each one provides detailed coverage of key drivers as well as providing the very latest volume and value data. Also included are assessments of emerging trends, the activities of existing market players, brand ownership details, supply structures, future scenarios and statistical forecasts.

The Irish Series is segmented in the same manner as Mintel's UK reports, namely Finance, Leisure, Market, Retail and 'Specials'. This provides unparalleled coverage and will be a must for all companies who are either already active in this region, or will be looking to enter these distinct marketplaces in the future.

This report has been produced as part of Mintel's Irish Series and is sold in Ireland exclusively through our sales agency, OCO Consulting, based in Belfast.

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Table of contents

  1. Issues in the Market

      • Key themes in the report
        • Definitions
          • Abbreviations
          • Future Opportunities

            • Online recruitment
              • Making sure students finish college
                • The ‘funemployment’ resume
                  • Universities to focus more on competences, and other skills
                  • Market in Brief

                    • Employment down…
                      • Figure 1: The number of students graduating who found employment, by academic year, 2004/05-2008/09
                    • While unemployment rises
                      • Figure 2: The number of graduates unemployed, by academic year, 2004/05-2008/09
                    • Postgraduates feel the pinch most
                      • ‘Qualification inflation’ hits the market
                        • Reduced demand leads to salary reductions
                        • Supply Factors

                          • Key points:
                            • Number of students on the increase
                              • Figure 3: The number of new students (first year) entering higher education in IoI, 2004/05-2008/09
                            • A quarter of a million students
                              • Figure 4: The numbers of students enrolled at HEIs in IoI, by jursidiction, 2004/05-2008/09
                            • A shift to full-time education
                              • Figure 5: The numbers of students enrolled at HEIs in IoI, by nature of course, 2004/05-2008/09
                              • Figure 6: The percentage of students on part-time courses in IoI, 2004/05-2008/09
                              • Figure 7: The age distribution of students+ by nature of course and enrolment, 2008/09
                            • Similar academic skillsets in RoI and NI
                              • Figure 8: The breakdown of student numbers by broad academic subject area, 2008/09
                            • Undergraduates dominate the supply
                              • Figure 9: Graduate Numbers from RoI and NI HEIs by level of study, 2008/09
                            • Not all Irish graduates look for jobs in Ireland…
                              • Figure 10: The domicile of students enrolled at HEIs in RoI and Ni, 2008/09
                            • And not all Irish graduates, graduate in Ireland
                              • Not all graduates look for work
                                • Figure 11: The percentage of graduates in RoI outside* the labour market three months after graduation, 1997-2009
                                • Figure 12: The percentage of NI domiciled leavers gaining HE qualifications through full-time study at HEIs in the UK outside the labour market+ six months after graduation, 2007/08
                            • Demand Factors

                              • Key points
                                • A bleak business landscape in RoI and NI…
                                  • Figure 13: Outlook for GDP, unemployment and government spending in NI and RoI, 2008-10
                                • But some signs of green shoots
                                  • Unemployment among graduate age adults is high
                                    • Figure 14: The ILO unemployment rate among 20-24 and 25-34 year olds and all adults aged 15+ in RoI, 2007-2009
                                  • Graduate training and development programmes
                                    • Some programmes are cut in the recession
                                      • The search for that something extra
                                        • Ability to communicate a top priority
                                          • Figure 15: The shortfall of soft skill competencies among graduates in IoI, 2009
                                        • Writing skills a basic requirement
                                          • Figure 16: The shortfall of hard skill competencies among graduates in IoI, 2009
                                        • Knowledge a business and management a key requirement
                                          • Figure 17: The shortfall of specifc knowledge among graduates in IoI, 2009
                                        • The application process moves online
                                          • But careers fairs remain important
                                            • Not a single graduate market but a series of regional markets
                                              • Figure 18: Graduate intake (%), by region of Ireland, 2009
                                            • Subsidised training programme for NI graduates begins
                                              • The role of the recruitment agency
                                                • Employment equality regulations
                                                  • RoI
                                                    • NI
                                                    • Strengths and Weaknesses in the Market

                                                      • Strengths
                                                        • Weaknesses
                                                        • Graduate Salaries

                                                          • Key points
                                                            • Average salaries
                                                              • Public sector pays well
                                                                • Figure 19: The average median salaries of graduates in IoI, by career path, 2009
                                                              • Benefits
                                                                • Figure 20: The benefits offered by employers to graduates in IoI, 2008-09
                                                              • Postgraduates do not necessary command higher salaries
                                                              • Market Size and Forecast

                                                                • Key points
                                                                  • Around 70,000 graduates can potentially enter the jobs market
                                                                    • Figure 21: The number of students graduating from Irish HEIs, by academic year, 2004/05-2008/09
                                                                  • Calculating graduates in the labour market
                                                                    • Over 200,000 graduates enter the job market in the past five years
                                                                      • Figure 22: The number of students entering the labour market, by academic year, 2004/05-2008/09
                                                                    • Recruitment takes a dip in the recession
                                                                      • Figure 23: The number of students graduating who find employment, by academic year, 2004/05-2008/09
                                                                    • Fewer vacancies and fewer recruiting
                                                                      • Graduate unemployment rises
                                                                        • Figure 24: The number of graduates unemployed, by academic year, 2004/05-2008/09
                                                                      • Unemployment rate nears 9%
                                                                        • Figure 25: The unemployment rate among graduates, by academic year, 2004/05-2008/09
                                                                      • The rate of unemployment rises sharply
                                                                        • Figure 26: Graduates in the labour market, by employment status (percentage of graduates in the labour market) 2004/05, 2008/09
                                                                      • Loss of public sector jobs a major blow
                                                                        • This year’s graduates compete with last year’s
                                                                        • Market Segmentation

                                                                          • Key points
                                                                            • The number of first degree graduates declining
                                                                              • Figure 27: The number of undergraduate students graduating from Irish HEIs, by academic year, 2004/05-2008/09
                                                                            • Undergraduate labour market participation is falling
                                                                              • Figure 28: The number of undergraduate students entering the labour market, by academic year, 2004/05-2008/09
                                                                            • Undergraduate employment falls as unemployment rockets upwards
                                                                              • Figure 29: The number of undergraduates employed, by academic year, 2004/05-2008/09
                                                                              • Figure 30: The unemployment rate among undergraduates in RoI and Ni, 2004/05-2008/09
                                                                            • Postgraduate numbers on the increase
                                                                              • Figure 31: The number of postgraduate students graduating from Irish HEIs, by academic year, 2004/05-2008/09
                                                                            • Some jobs value postgraduate students
                                                                              • Increase supply of postgraduates into the labour market
                                                                                • Figure 32: The number of postgraduate students entering the labour market by academic year, 2004/05-2008/09
                                                                              • Postgraduate unemployed rockets upwards
                                                                                • Figure 33: The number of postgraduates employed and unemployed by academic year, 2004/05-2008/09
                                                                                • Figure 34: The unemployment rate among postgraduates in RoI and NI, 2004/05-2008/09
                                                                            • Buyers: Employers

                                                                              • Key points
                                                                                • Accountancy and finance, two major recruiters
                                                                                  • Figure 35: Graduate intake by career area in ioi, 2009
                                                                                • Key graduate employers in the whole of Ireland
                                                                                  • Accenture
                                                                                    • Allied Irish Banks (AIB)
                                                                                      • Analog Devices
                                                                                        • Bank of Ireland
                                                                                          • BDO Simpson Xavier
                                                                                            • CPL Science, Engineering, Supply Chain and Energy
                                                                                              • Deloitte
                                                                                                • Enterprise Rent-a-Car
                                                                                                  • Ericsson Ireland
                                                                                                    • Ernst & Young
                                                                                                      • InterTradeIreland Fusion
                                                                                                        • Hewlett-Packard
                                                                                                          • Intel Ireland
                                                                                                            • Kerry Group
                                                                                                              • KPMG
                                                                                                                • Mazars
                                                                                                                  • Mercer
                                                                                                                    • McKinsey & Company
                                                                                                                      • Microsoft
                                                                                                                        • Morgan Stanley
                                                                                                                          • PriceWaterhouseCoopers
                                                                                                                            • Randbridge
                                                                                                                              • Watson Wyatt

                                                                                                                              Companies Covered

                                                                                                                              To learn more about the companies covered in this report please contact us.

                                                                                                                              Graduate Recruitment (Industrial Report) - Ireland - April 2010

                                                                                                                              £827.00 (Excl.Tax)