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

How Chatswood Tutoring Can Fit Into a Student’s Weekly Routine

Create a Predictable Weekly Structure A consistent weekly routine can make study easier to manage when students are balancing several subjects. Chatswood tutoring can provide a fixed learning point a...

Daily Bulletin - avatar Daily Bulletin

The Rise of Digital Marketplaces in the Australian Trade Sector

For decades, the Australian trade and construction sector operated almost entirely on word-of-mouth recommendations and local community networks. Small business owners typically relied on local newspa...

Daily Bulletin - avatar Daily Bulletin

How Immigration Lawyers Can Help

Introduction Visa decisions can shape employment, family life, study plans, travel, and future residence. A small omission can lead to delay, added expense, or refusal. Immigration lawyers assess l...

Daily Bulletin - avatar Daily Bulletin

How Industrial Drying Equipment Supports Efficient Processing

Many industrial processes require moisture to be removed from compressed air, products or process materials before they move to the next stage. Excess moisture can affect equipment performance, produc...

Daily Bulletin - avatar Daily Bulletin

Practical Ways a Whiteboard Can Improve Workplace Communication

Effective communication helps teams stay organised, share ideas and keep track of important information. While digital tools are now common in many workplaces, a whiteboard continues to provide a simp...

Daily Bulletin - avatar Daily Bulletin

Designing Eco-Friendly Custom Water Bottles for Your Next Event

The Evolution of Sustainable Event Merchandise Event planning has undergone a massive transformation over the last decade. Gone are the days when organizers could hand out cheap, single use plastic...

Daily Bulletin - avatar Daily Bulletin

Why Choosing a Professional Florist Melbourne Makes Flower Delivery Impactful

Flowers have a great power to speak when humans cannot express their feelings with right words. Flowers are the best gifts when you are celebrating a birthday or welcoming a newborn child into your fa...

Daily Bulletin - avatar Daily Bulletin

The Business Case for Choosing Australian Fabricators Over Imported Alternatives

For a long time, you might have defaulted to overseas suppliers when sourcing fabricated metal components for a project. The unit price was lower on paper, and the maths seemed straightforward. That...

Daily Bulletin - avatar Daily Bulletin

Australian organisations are relying on business continuity plans built for a far more predictable world

Tariff escalations, supply chain fragility, geopolitical events, and the ongoing threat of cyber disruption have reshaped the risk environment facing Australian organisations. The problem is that ma...

Daily Bulletin - avatar Daily Bulletin

The Daily Magazine

Buying Property with Someone else? Settle these Questions First

Buying a home with a partner, a sibling or a friend can make a purchase possible that neither of you...

How to Handle a Blocked Drain in Bribie Island Before Starting Deck Repairs

Planning an outdoor upgrade brings excitement, but building a beautiful timber deck requires caref...

What to Look For When Selecting an Installation Specialist for Gas Stoves and Water Filters in Brisbane

Upgrading your kitchen or improving your home's water quality requires specialised skills. When mana...

What to Consider Before Cleaning Your Exterior: Deck Pressure Cleaning, Pressure Cleaning, and How Much Does It Cost to Pressure Wash a House?

Maintaining a home's exterior in coastal Sydney requires regular attention to combat salt spray, mou...

Signs Your Trailer Needs Professional Repair Before Its Next Long Haul

A long road trip can put considerable strain on a trailer, particularly when it is carrying heavy ...

Automatic, Manual, CVT or DCT: Which Transmission Suits Australian Drivers?

Australia’s enthusiasm for cars is nothing new. From family SUVs and work utes to compact city cars ...

Cape Town: Full Day Private Cape Peninsula & Cape Point Tour

Embark on an unforgettable adventure with a full day private Cape Peninsula & Cape Point tour...

SMSF Audit Services in Brisbane: What Trustees Should Know Before Hiring One

Every self-managed super fund (SMSF) needs an independent audit each year before its annual return...

Why Local Legal Knowledge Matters When Choosing Lawyers in Brisbane

Legal matters often involve more than understanding legislation. They require knowledge of local pro...