‘According to research for this year’s TARGETjobs National Graduate Recruitment Awards, we’re already beginning to see indications Brexit may have a potentially significant knock-on effect on the graduate recruitment market in two to three years’ time.
A poll of nearly 63,000 students from 126 universities carried out by trendence UK has reported a near doubling in the number of first-year international students who say they do not intend to stay in the UK after graduating (from 16% last year to 31% this year).
While this could therefore mean a graduate “brain drain” in 2019 or 2020, among 12,000 employers who gathered on 30 March at London’s Grosvenor House for the awards, the general sense was that, for now at least, the UK graduate recruitment market remains in good health and good heart.
Although student anxiety about their job prospects is marginally greater than a year ago (up 3-4%), average starting salaries are now higher than at any point since the 2008 recession, up to £25,300 in 2017 against £24,500 in 2016, the trendence survey found.
Students also now expect to spend significantly less time in their first job before moving onwards or upwards, again potentially a sign of confidence. Last year, nearly half (49%) of students said they expected to stay in their first job for just one to three years. In 2017, this figure is now 60%.’ - Guardian