Key Insights Methodology - gradaustralia.com.au · Finance, Accounting, Economics & Business 22%...
Transcript of Key Insights Methodology - gradaustralia.com.au · Finance, Accounting, Economics & Business 22%...
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MethodologyHow was the survey conducted?
The GradAustralia Student Survey (a.k.a“Top 100 Survey”) is conducted annually to identify career expectations and attractive employers for Australian university students and recent graduates. In 2017, the survey was updated to collect new data on career and job search expectations.
In 2017, the Top 100 was compiled based on 16,000 votes from Australian students who took part in the survey. Responses are collected both online and in person. The online survey is distributed to students via student societies, careers services, email and social media campaigns. Paper survey responses are also collected at careers fairs and other student events on campus.
Every year the survey identifies the most attractive graduate employers in Australia. Students are asked to nominate the organisation/s that have the most appeal as a graduate employer - the question being deliberately open-ended to allow students to take into account whichever factors are most important to them when choosing an employer.
The Top 100 employer rankings are based on student votes alone and are independent of any commercial relationship with GradAustralia. GradAustralia conducts a separate survey for graduate satisfaction on the job, which is published online on the GradAustralia website. Job satisfaction data is not taken into account in the Top 100 employer rankings.
23%
30%
5%
37%
4%
1%
NSW
Overview Location of respondents
Level of study of respondents
63%
28%
9%
WA
SA
QLD
OTHER
VIC
Bachelors
Masters
Other postgrad
Survey Respondents
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Students and recent graduates took part in the survey
Study discipline of respondents
Q - Which one of the following best describes the main subject that you are studying?
Finance, Accounting, Economics & Business 22%Engineering, Maths, IT & Computer Sciences 19%Health & Medical Sciences 18%Humanities, Arts & Social Sciences 14%Sciences 12%Teaching, education & human welfare 8%Law & Legal Studies 7%Property & Built Environment 2%
66%
34%
Male
Female
14.2%
46.8%
32.5%
6.5% 0.1%
High
Distinction
Distinction Credit Pass Fail
Gender split of respondents
Estimated or actual WAM
Approximately 40% of respondents come from a finance/ business or
STEM background
61% of respondents estimate that they will
graduate with a distinction or high distinction average
The survey was completed by more females than males, reflective of higher
female graduation rates
Work and pay expectations
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What do students expect when they start their first job?
4%
36% 37%
13% 5% 6%
Less than
30 hours
30-40
hours
41-50
hours
51-60
hours
61-70
hours
More
than 70
Work hours expectations
Q - How many hours per week are you prepared to work in your first professional job after graduation?
The average student is willing to work 45 hours
per week in their first professional job after
graduation
Employer loyalty
Q - How many years do you intend to work in your first professional position?
Salary expectations
Q - How much do you expect to earn per year in this job?
17% 19% 23%
18% 23%
Less than
45k
45-55k 55-65k 65-75k 75k+
The average student expects to earn $63k
p.a. in their first professional job after
graduation
28%
46%
13% 13%
0-2 years 3-5 years 5-10 years more than 10
years
Nearly ¾ of students intend to spend less
than 5 years with their first employer
Job search expectations
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How easily do students expect to find a graduate job?
Time to find a graduate job
Q - How many months after graduating do you think it will take to find your first professional job?
Over 60% of students expect to be still
searching for a job more than three months after
they graduate
Number of applications
Q - How many applications do you expect to make to get your first professional job?
16%
23%
33%
21%
7%
Immediate
offer
1-2
months
3-5
months
6-12
months
12 months
or more
On average, students expect to make 16
applications before they will be offered a
graduate job
28%
25%
19%
13%
15%
1 - 5
applic'ns
6 - 10
applic'ns
11 - 20
applic'ns
21 - 40
applic'ns
More than
40 applic'ns
Career priorities
6
Insights into the millennial career mindset
Diversity
It's important for me to join an employer that has a diverse workforce
78%
17% 4%
Agree No Opinion Disagree
Salary vs. Image
If the salary was right, I would work for a company with a bad image
15% 26%
59%
Agree No Opinion Disagree
Fulfilment vs. Money
It's more important for me to feel fulfilled at work than to earn lots of money
73%
18% 8%
Agree No Opinion Disagree
Sacrifices for career
After studying I will make sacrifices in my personal life in order to develop my career
61%
23% 16%
Agree No Opinion Disagree
Course preparation
My course provides me with the skills necessary for the labour market
59%
27%
15%
Agree No Opinion Disagree
Job expectations by discipline
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Do work expectations differ by discipline?
Work hours expectations by discipline
Q - How many hours per week are you prepared to work in your first professional job after graduation?
42 43 44 46 46 47 48 49
Salary expectations by discipline
Q - How much do you expect to earn per year in this job? (AU$ ‘000)
58 61 61 62 63 65 66 69
How many years do you intend to work in your first professional position?
% of respondents who intend to remain with their first employer 5 years or more
16%19% 20% 20% 23% 24%
36%
45%
Law
Finance, Accounting, Economics & Business
Health and Medical Sciences
Humanities, Arts & Social Sciences
Property & Built Environment
Teaching, Education & Human Welfare
Engineering, Maths, IT & Computer Science
Sciences
Job search expectations by discipline
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Do job search expectations differ by discipline?
Time to find a graduate job, by discipline
% who expect to have a graduate job immediately upon graduation
7% 7%
12% 13%
18% 21% 22% 22%
Number of applications, by discipline
Average number of job applications that respondents expect to make to get their first professional job offer
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16 16 17 17 17 17 18
Law
Finance, Accounting, Economics & Business
Health and Medical Sciences
Humanities, Arts & Social Sciences
Property & Built Environment
Teaching, Education & Human Welfare
Engineering, Maths, IT & Computer Science
Sciences
My course provides me with the skills necessary for the labour market
% of respondents who agree with statement
53% 54% 54% 57% 59% 59% 64% 67%
Career priorities by discipline (1 of 2)
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Do career priorities differ by discipline?
It's important for me to join an employer that has a diverse workforce
% of respondents who agree with statement
75% 77% 77% 78% 79% 80% 81% 83%
If the salary was right, I would work for a company with a bad image
% of respondents who agree with statement
12% 13% 13% 16% 16% 17%
21% 22%
Law
Finance, Accounting, Economics & Business
Health and Medical Sciences
Humanities, Arts & Social Sciences
Property & Built Environment
Teaching, Education & Human Welfare
Engineering, Maths, IT & Computer Science
Sciences
Career priorities by discipline (2 of 2)
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Do career priorities differ by discipline?
It's more important for me to feel fulfilled at work than to earn lots of money
% of respondents who agree with statement
63% 71% 71%
77% 77% 79% 79% 80%
After studying I will make sacrifices in my personal life in order to develop my career
% of respondents who agree with statement
53% 57% 58% 59% 60%
65% 71% 71%
Law
Finance, Accounting, Economics & Business
Health and Medical Sciences
Humanities, Arts & Social Sciences
Property & Built Environment
Teaching, Education & Human Welfare
Engineering, Maths, IT & Computer Science
Sciences
Women in STEM – job expectations
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How do job expectations for women in STEM differ?
Average Hours Expectations
Q - How many hours per week are you prepared to work in your first professional job after graduation?
45
49
45
Women in
STEM
Men In STEM ALL other
NON STEM
Average Salary Expectations
Q - How much do you expect to earn per year in this job?
66
70
62
Women in
STEM
Men In STEM ALL other
NON STEM
Expected Grades
% of respondents who expect to graduate with a Distinction or High Distinction grade average
64%
58%
61%
Women in
STEM
Men In STEM ALL other
NON STEM
Time to find job
% who expect to have a graduate job immediately upon graduation
24% 20%
15%
Women in
STEM
Men In STEM ALL other
NON STEM
Number of applications
Average number of job applications that respondents expect to make to get their first professional job offer
16.8 17.8
15.6
Women in
STEM
Men In STEM ALL other
NON STEM
Time with first employer
% of respondents who intend to remain with their first employer 5 years or more
18%
25% 26%
Women in
STEM
Men In STEM ALL other
NON STEM
Women in STEM – career priorities
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How do career priorities for women in STEM differ?
Diversity
It's important for me to join an employer that has a diverse workforce - % who agree
85%
74%
79%
Women in
STEM
Men In STEM ALL other
NON STEM
Salary vs. Image
If the salary was right, I would work for a company with a bad image - % who agree
9%
21%
15%
Women in
STEM
Men In STEM ALL other
NON STEM
Job market preparation
My course provides me with the skills necessary for the labour market - % who agree
53% 53%
60%
Women in
STEM
Men In STEM ALL other
NON STEM
Fulfilment vs. Money
It's more important for me to feel fulfilled at work than to earn lots of money - % who agree
74%
69%
74%
Women in
STEM
Men In STEM ALL other
NON STEM
Sacrifices for career
After studying I will make sacrifices in my personal life in order to develop my career - % who agree
55%
58%
62%
Women in
STEM
Men In STEM ALL other
NON STEM
Top 100 Graduate Employers
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Which employers most appeal to students and graduates?
1 Google 51 Shell
2 Apple 52 Aldi
3 Deloitte 53 Reserve Bank of Australia (RBA)
4 CSIRO 54 Arup
5 PwC 55 AECOM
6 Department of Education 56 Atlassian
7 KPMG 57 Procter & Gamble
8 EY 58 Mars
9 Microsoft 59 Cisco
10 Department of Social Services 60 Optus
11 Qantas 61 Uber
12 Australian Secret Intelligence Service (ASIS) 62 Australia Post
13 Australian Defence Force 63 BAE Systems
14 Australian Security Intelligence Organisation (ASIO) 64 Bloomberg
15 Department of Foreign Affairs and Trade (DFAT) 65 GHD
16 Commonwealth Bank 66 Herbert Smith Freehills
17 Australian Bureau of Statistics (ABS) 67 Department of Health
18 Australian Federal Police (AFP) 68 King & Wood Mallesons
19 BHP Billiton 69 Lockheed Martin
20 L'Oreal 70 Minter Ellison
21 Department of Defence 71 Morgan Stanley
22 ANZ 72 Clayton Utz
23 Department of the Prime Minister and Cabinet (PMC) 73 BP
24 IBM 74 Chevron
25 J.P. Morgan 75 Bain & Company
26 Nestle 76 ANSTO
27 Accenture 77 Aurecon
28 Teach For Australia 78 Ashurst
29 Telstra 79 Citigroup
30 Boeing 80 ExxonMobil
31 Goldman Sachs 81 Corrs Chambers Westgarth
32 Macquarie Group 82 Schlumberger
33 Rio Tinto 83 Jacobs
34 Australian Taxation Office (ATO) 84 Resmed
35 NAB 85 Suncorp
36 Woolworths 86 BDO
37 Airbus 87 Honeywell
38 GlaxoSmithKline 88 UBS
39 Unilever 89 Gilbert & Tobin
40 Lendlease 90 Multiplex
41 Department of Agriculture 91 Credit Suisse
42 Westpac 92 DHL
43 Allens 93 Probuild
44 Coles 94 Glencore
45 Woodside 95 Downer Group
46 McKinsey & Company 96 Grant Thornton
47 Cochlear 97 ThoughtWorks
48 Boston Consulting Group 98 IMC Financial Markets
49 Bureau of Meteorology 99 Pitcher Partners
50 Coca-Cola Amatil 100 AMP