LII Professional Studies: Labour Market Information
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Transcript of LII Professional Studies: Labour Market Information
LII Professional Studies:Labour Market Information
Dr J CopeltonSenior Careers Adviser
You and career planning
You
Career options
Career paths
Advice & mentoring
The career development cycle
1.Self-Assessment
•Values/interests
•Skills/Experience
2. Opportunity Awareness
•WDGD?
•LMI
3. Gaining Experience
•On-campus jobs
•Work experience
4.Exploring Options
•Career workshops
•Insight courses
5. Action Planning
•Finding vacancies
•Further study
What do engineers do?
Type Of
Work
Research and
Development
Engineering Design
Process and
Control
Technical Sales
Installation Commissioning
Maintenance
Where do civil engineers work?
ConstructionSector
Contracting Consulting
Dept. ofRegional
Development- Roads
Dept. ofRegional
Development - Water
What do IT professionals do?
Type Of
Work
IT Services e.g. internet
and web design
Technology development
Systems Analysis
And Testing
Programming
Consultancy,Sales and
Customer Support
Alternatives to engineering
Accountancy Banking Consultancy Financial mathematics Insurance Technical writing Teaching
The graduate labour market by region
Students at Queen’s have access to three labour markets. In order of size these are:
Great Britain
Republic of Ireland
Northern Ireland
Destinations of GB Mechanical Engineers 2005
a:In UK employment (66.5%) b:In overseas employment 2.0% c:Working and studying 6.9% d:Studying in the UK for a higher
degree 8.3% e:Studying in the UK for a
teaching qualification 0.7% f:Undertaking other further study
or training in the UK 1.2% g:Undertaking further study or
training overseas 0.2% h:Not available for employment,
study or training 4.2% i:Believed to be unemployed
7.3% j:Other2.5%
QUB Mechanical Engineers 2005
Total Employed
Graduate Job
Non-Graduate Job
BEng 17 10 7
MEng 23 20 3
Why are engineers in non-graduate jobs?
Poor degree.
Lack of relevant experience.
Not focussed on employment while at university.
The MEng/BEng Effect Queen’s graduate
destination statistics show a clear divide in the destinations of BEng and MEng graduates.
MEng graduates are much more likely to be working with major employers in GB while BEng graduates are mostly working in NI.
Why is this?
Reasons for the MEng/BEng divide
BEng graduates are more romantic.
MEng graduates are more ambitious.
GB employers prefer the MEng degree.
GB employers are more likely to offer training leading to CEng status for which MEng is the preferred route.
The importance of being chartered
Chartered engineer status means youhave satisfied your professionalinstitutions requirements regarding –
engineering competency depth of experience financial management
Most senior jobs require CEng status. CEng is recognised internationally, so multi-national
companies encourage their staff to qualify.
CEng in Northern Ireland
The importance of chartered status depends on the strength of the professional institution.
The most powerful institution in NI is the Institution of Civil Engineers.
Practically all senior civil engineers in NI are chartered and most senior jobs require it.
In NI only FG Wilson is recognised by the IMechE.
What do top employers want? Good degree Reputable
university Work experience Transferable skills Achievements Business
awareness Motivation
Effect of labour market on graduate recruitment – GB
There are ~500 major graduate recruiters in GB who belong to the Association of Graduate Recruiters.
They share information on: best practice in graduate recruitment graduate starting salaries
This means that selection processes are very similar and starting salaries are competitive within each sector
Effect of labour market on graduate recruitment – GB Competition for the best graduates ensures that :
The major companies recruit on an annual cycle.
Early application in final year is expected.
Some companies recruit through Christmas Courses.
Many vacancies are filled through work placement schemes.
Vacancies are filled by April/May.
Where can you find information on graduate employers in GB?
Company web sites.
Graduate employer directories.
www.prospects.ac.uk.
“Employer of the Week” – Ashby (Oct - Dec).
Engineering Careers Symposium (14th March).
On-campus presentations in final year.
Graduate labour market in RoI
Mostly SMEs, with a number of large ”inward investment” employers.
Major inward investment by chemical and pharmaceutical companies.
IT and Telecommunications employers are facing a shortage of Electrical Engineers and Computer Scientists.
Infrastructure development producing strong demand in the construction sector.
Some large RoI based employers recruit at Queen’s (Eli Lilley, ESB Intl., Intel, Kerry Group, Mercke,
Microsoft, Siemens, Smurfit Kappa).
Graduate labour market in NI
Northern Ireland has the biggest SME base of any region in the UK – accounting for nearly 80% of private sector employment and 75% of turnover.
Recruitment by SMEs is infrequent and can take place at any time of the year.
Manufacturing in NI now accounts for just 13% of total employment.
Local manufacturing sold £13.9 billion in 2005/6, mostly to GB (43.5%) but also to RoI (£1.3bn), N America and Asia.
Low R & D spending <1% 0f GDP. Strongest demand is in the construction sector.
Graduate numbers in NI
The number of graduates of working age has almost doubled from 83,000 in 1995 to 155,000 in 2005.
The total working age population only increased by 8% during this time.
As a result, the proportion of the working age population who are graduates has increased from 9% in 1995 to 15% in 2005.
Among 20-29 year olds almost one-fifth of the population are graduates.
(Source: LM Bulletin 19, DEL)
The Law of Supply and Demand
In a market economy, the forces of supply and demand push the price of a commodity toward the level at which quantity supplied and quantity demanded are equal.
Effect of labour market on graduate recruitment – NI
Queen’s graduates are very reluctant to move out of Northern Ireland, creating a highly competitive local labour market.
~20% of graduates are working in jobs which do not require a degree.
As a consequence salaries in NI are significantly lower than in Great Britain.
Local salaries vary from £11K (Accountancy) to £21+K (Civil Engineering).
Earnings differentials The earnings differentials
between graduates and those with GCE A-level or equivalent alone were largest in Northern Ireland (39.5%) and Scotland (35.7%).
This shows that although graduates working in Northern Ireland had the lowest mean weekly earnings across all regions, the financial benefits of a university education were relatively large compared with other regions.
Where can you find information on NI employers?
Queen’s Careers Service – NI Employer Database Company web sites www.4ni.co.uk/ www.guide-to-nireland.com/bizguide.htm www.belfasttelegraph.co.uk/top100_04/ Belfast Public Library Job Markets Companies Registry
The career development cycle
1.Self-Assessment
•Values/interests
•Skills/Experience
2. Opportunity Awareness
•WDGD?
•LMI
3. Gaining Experience
•On-campus jobs
•Work experience
4.Exploring Options
•Career workshops
•Insight courses
5. Action Planning
•Finding vacancies
•Further study
Employability development at Queen’s
Y3 EmployerPresentations
Insight Into Management
Autumn Careers Programme
October CareersFairs
Christmas
Courses
Graduate programmes e.g. E2,
Premiere II
Y2 PlacementPreparation -Semester 1
BusinessEducation InitiativeYoung Leaders Programme
Engineering Careers Symposium
InternationalAssociationExchangeStudentsTechnicalExperience
Work ExperienceFair
Tutoring In Schools
Y1
Queen’s Award for
Work Experience
Work Experience Centre
Queen’s Work Experience Award
Clubs & Societies
Work Experience FairWednesday 21 February
11.00 – 3.30 Whitla Hall
Belfast City Council BEI Deloitte Insight into management Intel Lagan Technologies Mouchel Parkman NISRA Schrader Electronics Schlumberger Shell Livewire
For more information visit www.qub.ac.uk/careers > Work Experience Centre
The career development cycle
1.Self-Assessment
•Values/interests
•Skills/Experience
2. Opportunity Awareness
•WDGD?
•LMI
3. Gaining Experience
•On-campus jobs
•Work experience
4.Exploring Options
•Career workshops
•Insight courses
5. Action Planning
•Finding vacancies
•Further study
Funding Postgraduate Study at Queen’s
Funding 2006/7 116 DEL Research Awards (Fees + £12300) 21 ESF Research Studentships (Engineering
and Sciences) 18 Taught Masters (Humanities and Social
Sciences)
Source: QUB Postgraduate Awards Office www.qub.ac.uk/pao
Training opportunities in NI
Knowledge Transfer Partnerships www.ktponline.org.uk/
Explorers
Premiere II www.premiereprogramme.com/
Financial Futures
Employability development at Queen’s
Y3 EmployerPresentations
Insight Into Management
Autumn Careers Programme
October CareersFairs
Christmas
Courses
Graduate programmes e.g. E2,
Premiere II
Y2 PlacementPreparation -Semester 1
BusinessEducation InitiativeYoung Leaders Programme
Engineering Careers Symposium
InternationalAssociationExchangeStudentsTechnicalExperience
Work ExperienceFair
Tutoring In Schools
Y1
Queen’s Award for
Work Experience
Work Experience Centre
Queen’s Work Experience Award
Clubs & Societies
Engineering Careers Symposium14th March 2007
12.00 – 1.30
2.00 – 4.00
Careers Exhibition, Ashby Foyer
Symposium on Graduate Selection,Lecture Theatre 1.22
Companies expected to attend:BBC, BT, Cummins, F G Wilson, KTP, SAP, Schlumberger, Stryker, Terex Finley, Unilever.