Read The Times Australia

Daily Bulletin

Australian Graduates Want Employers Who Offer Secure Careers And Who Can Set Them Up For Higher Future Earnings

  • Written by: PR Newswire Asia - Daily Bulletin Au RSS
Australian Graduates Want Employers Who Offer Secure Careers And Who Can Set Them Up For Higher Future Earnings

SYDNEY, Sept. 14, 2021 /PRNewswire/ -- Today, Universum, a global leader in talent data and insights, shared the findings from the Australia portion of its annual global talent survey. Having collected the opinions of over 17,000 students from Australia's leading universities, the research sets out to track the career aspirations and preferences of Australia's future talent pool. The Australia study also recognizes the most coveted employers based solely on the responses collected.

This year, Google retained its position as the most ideal employer among business students. Followed by Apple, Commonwealth Bank, Deloitte, Government – Federal/Commonwealth, KPMG, PwC (PricewaterhouseCoopers), Qantas, EY (Ernst & Young) and Government – State.

The top 10 most attractive employers among engineering/IT students are Google, Microsoft, Apple, Government – Federal/Commonwealth, Amazon, Government – State, Qantas, CSIRO, BHP and Samsung.

What students want

To better understand their career priorities, respondents were asked about the types of employer attributes they are attracted to the most. It was revealed that students favour employers who they perceive to provide secure employment, the potential for high future earnings, and a friendly work environment. Most interesting, though, is that this year's survey showed students are strongly drawn towards employers who adopt an ethical culture and demonstrate respect for their people.

Jim Evans, senior consultant at Universum, said "Unsurprisingly, concerns resulting from the pandemic have made security a high priority for career seekers. It would, however, be remiss to believe that focusing communications primarily on this attribute would make an employer more attractive. What matters most to students in Australia is finding employers that offer the golden mix of security environment and development."

Overall students' top preferences

2021

2020

1.       Secure employment

2.       High future earnings

3.       A friendly work environment

4.       Ethical standards

5.       Clear path for advancement

1.       Secure employment

2.       High future earnings

3.       Clear path for advancement

4.       Professional training and development

5.       A friendly work environment

 

Salary expectations have increased

In the past year, Australia has experienced challenges, such as an economic downturn that led to an increase in the unemployment rate and the impact of the pandemic. However, the students in the country remain optimistic. When participants were asked to state the annual salary they expect upon graduation, the average expected annual salary is 90,271 AUD. The results also showed that the annual average salary expectations among business/commerce/management students had increased significantly.

Business/Commerce/Management Students

Engineering/IT Students

Year

Year

2021

95 958 AUD

2021

87 375 AUD

2020

82 023 AUD

2020

83 130 AUD

 

Universum 2021

Students' discipline

Ideal Employer Ranking 2021

Business/Commerce/Management

1. Google

2. Apple

3. Commonwealth Bank

4. Deloitte

5. Government - Federal/Commonwealth

Engineering/IT

1. Google

2. Microsoft

3. Apple

4. Government - Federal/Commonwealth

5. Amazon

 

About the Universum 2021 Top 100 Ideal Employer Rankings – Australia Edition

The results are based on the answers of 17,160 students studying for degrees in business/commerce/management, engineering/IT, natural sciences, humanities/social sciences/education, law and health/medicine with 51,945 individual evaluations of 144 employers within each main field of study from December 2020 to June 2021. Each respondent is asked questions about their career preferences, expectations and employment related drivers and then presented with a list of 144 national and international employers, nominated by the target group through an independent and structured nomination and assessment process, which prevents companies unfairly influencing their positions. The rankings consist of those employers chosen most as an 'ideal' choice when working through a structured funnel-based methodology.

About Universum

Universum, part of the StepStone Group, is a global thought leader in Employer Branding. Universum has 32 years of peerless experience in the field of employer branding and is established in over 60 markets globally. Universum has a diverse workforce is physically present in 20 countries. With so much data, historically and geographically, Universum is uniquely positioned to deliver key insights to employers about how to attract and retain their future workforce. Our data-led, human and purposeful output has attracted over 1,700 clients, including many Fortune 500 companies, as well as global media partners that publish our annual rankings and trend reports. Find out more at https://universumglobal.com/.

Source: Universum Communications Pte. Ltd

Authors: PR Newswire Asia - Daily Bulletin Au RSS

Read more https://www.prnasia.com/story/archive/3504370_AE04370_0

Business News

The strategic rise of Bali as Australia’s next essential healthcare support hub

As Australian healthcare providers grapple with unprecedented operational bottlenecks, a new nearshore model is quietly transforming patient care delivery. Forward-thinking organisations,  including...

Daily Bulletin - avatar Daily Bulletin

Cost Savings and Benefits of Using Used Pallets in Logistics

In today’s competitive logistics and supply chain industry, businesses are constantly looking for ways to reduce operational costs without compromising efficiency and reliability. One of the most prac...

Daily Bulletin - avatar Daily Bulletin

How Fulfilment Services in Australia Help Businesses Scale Efficiently

The growth of e-commerce and modern retail has transformed customer expectations. Consumers now expect fast shipping, accurate order processing, and seamless delivery experiences regardless of where...

Daily Bulletin - avatar Daily Bulletin

Practical Ways Australian Workplaces Can Reduce Operating Costs

Reducing business costs doesn’t always mean cutting staff, shrinking services or making the workplace feel bare-bones. In many cases, the smarter savings are hiding in everyday operations: the light...

Daily Bulletin - avatar Daily Bulletin

Executive Recruitment Solutions That Help Organisations Secure Exceptional Leaders

Leadership has a direct impact on organisational performance, employee engagement, strategic growth, and long-term success. Businesses operating in increasingly competitive environments require experi...

Daily Bulletin - avatar Daily Bulletin

Why A WooCommerce Website Designer Matters For Online Growth

Running an online store today requires more than simply listing products and waiting for customers to arrive. Businesses need a website that is fast, reliable, easy to navigate, and designed to suppor...

Daily Bulletin - avatar Daily Bulletin

Turning Your Empty Tables into Revenue

The rise of AI demand tools in hospitality, the EatClub–CommBank partnership, and seven trends reshaping Australian dining  A growing number of Australian venues are turning to AI-powered demand mana...

Daily Bulletin - avatar Daily Bulletin

High-Impact Dental Marketing Strategies That Are Driving Real Practice Growth Today

The landscape of dental practice growth in Australia has shifted dramatically over recent years. Standard, broad-spectrum advertising campaigns no longer yield the return on investment they once did. ...

Daily Bulletin - avatar Daily Bulletin

How Telematics Helps Australian Companies Improve Productivity

Operating a commercial fleet in Australia is a uniquely demanding endeavour. Between the sprawling urban sprawl of cities like Sydney and Melbourne and the immense, unforgiving stretches of the Outb...

Daily Bulletin - avatar Daily Bulletin

The Daily Magazine

Lighting Shop in Perth: How The Right Lighting Can Transform Your Home And Business

The right lighting can completely change the look, feel, and functionality of any space. Whether it ...

Traffic Light System Solutions For Safer And More Efficient Traffic Management

Modern cities and growing communities rely heavily on effective traffic management to ensure safety...

Gold Migration Lawyers in Liquidation: How the Closure Affects Your ART Appeal

If your appeal was with Gold Migration Lawyers, a recent change to how the Tribunal decides cases ...

The pressure cooker: life in urban Australia in 2026

Australian cities have always been demanding. Long commutes, rising housing costs, busy schedules a...

What Actually Makes a Good Criminal Lawyer in Melbourne

Most people only think about this question once. That is usually too late. Most people charged wi...

Why Working With A Chatswood Tutor Can Improve Academic Performance

Academic expectations continue increasing for students across primary school, high school, and senio...

Is It Worth Getting Solar Panels in Melbourne?

The real question is not whether solar works in Melbourne. It works. The question is what it is co...

How A Diploma Of Project Management Builds Practical Skills For Modern Work Environments

Developing the ability to plan, execute, and deliver outcomes efficiently is a key requirement in to...

How to Choose the Right Football for Every Level

Choosing a football may seem straightforward, but the right option depends on who will be using it a...