A new study from totaljobs.com has revealed that nine out of ten graduates would like to work for a small to medium sized enterprise (SME).
Recent research from the Department for Business, Innovation & Skills (BIS) suggests small businesses are failing to engage with graduates. However, the totaljobs.com survey uncovers an untapped market of graduates willing to compete for the 196,000 jobs on offer in today’s SME employment market.
The survey asked graduates’ reasons for considering a job in a smaller business. Some 65% said they believe their ideas are more likely to be heard, and 62% believe that SMEs develop their workforce in a better way.
Nearly a third (29%) of graduates believe they have the right skills for a job in a smaller business, compared to just 10% who said they have the right skillset to take an entry level role in a large corporation.
There is also good news for Britain’s start-up market: over half (51%) of graduates said they had considered setting up their own business after university.
Mike Fetters, Graduate Director at totaljobs.com, said: “SMEs are missing a trick by not considering graduates as a potential pipeline of talent. The graduate market in the UK is big, with a huge variety of skills and knowledge out there – all of which can be tapped into by SMEs if they can effectively utilise the right channels out there.”