The Association of Graduate Recruiters (AGR) has found that nearly three quarters (73%) of graduate employers will continue to recruit as planned after Brexit.
After the result of the EU referendum was revealed, AGR surveyed many of the UK’s top student and graduate employers, asking them how Brexit had impacted their plans for recruitment in 2016 and 2017.
The survey shows a positive outcome for 2016 graduates, with the majority of companies reporting business as usual. Out of the employers surveyed, only 5% will decrease their graduate recruitment, 2% will increase their intake and 19% did not know at this stage.
For 2017, graduate and apprentice recruitment plans are unsurprisingly unclear. Sixty four percent of respondents said it was too early to indicate the impact of Brexit, but one in five did report they would recruit at similar levels to 2016. Further to this, 7% plan to increase their hires and 6% expect to reduce their recruitment levels.
Stephen Isherwood, chief executive at the AGR said:
“We know the graduate jobs marked rises and falls with the economy. After Brexit there’s a lot of uncertainty, particularly around aprenticeships which is likely to be related to the levy. But for many employers this has not appeared to reduce their desire to attract and retain the best student talent. We urge students to stay focused, remain positive and seek university careers advice for guidance on making the most of your skills and ability to be a great candidate. We will review 2017 hiring plans in the autumn, which be more indicative of the longer-term effects of Brexit.”