What Happens to the Grads you Hire?

What happens to the grads you hire? o 2012 Graduate Outcomes Survey We conducted a massive survey of former graduates to find out what truly happens after they enter the workforce Who was surveyed? July 2012 2,851 former grads who completed psychometric tests between 2002 and 2011 What did we ask them? More than How many companies have you worked for since graduating? 50 Questions about their careers How long did you stay in your first job? How many times have you been promoted? 'Back Then' "Right Now "Who Are You?" How many times have How many hours do you been fired? Career progression matched to psych you work? How many direct reports do you have? test scores, GPA e demographics To find out who is likely to be Retained e Promoted Who were they? 53% Engineering Finance Commerce IT Private Sector OPEN Business Law Science Arts 29 Disciplines 60% Male Humenities 20 36 Industries 16 12 58% Aged > 26 Government Info Tech Banking / Finance Engineering Accounting Retention &888881 888881 ২88 Public Sector 67% Private Sector Not for Profit 46% HIGHEST LOWEST VS. Mining, Oil e Gas 82% Business e Commerce 22% Government 75% Human Resources 26% Engineering 70% Banking e Finance 66% Hospitality 34% Sales e Marketing 33% Consulting 58% Utilities 65% WHICH BEHAVIOURAL PROFILES ARE MORE COMMON? Marston's DISC model (1928) DOMINANCE INFLUENCING Active and assertive in gaining results, direct approach Verbally persuasive, social, people- oriented, outgoing Construction Humanities Banking e Finance Sales e Marketing Business e Commerce Human Resources Hospitality Law Defence Consulting STEADINESS Structured and organised, clearly defined boundaries COMPLIANCE Follows rules, aware of consequences of non-compliance Recruitment Environment Research e Development Health Mining, Oil e Gas Government Engineering Utilities Science Pharmaceuticals WHY THEY STAY But. Hours worked 23 Months $$$$ Starting salary impacts tenure in their next job Sector Average time with first employer Organisation size GRADS WANT* LARGE ORGS OFFER Ability utilisation 35% > opportunity for promotion Achievement Grad development programs Advancement Formal recognition programs? *Actual rankings on psychometric tests FORMAL GRADUATE PROGRAMS PRODUCE: 16% higher industry retention rate 90% career satisfaction rate vs 75% for grads who DON'T go through a formal program 17% more executives in the long run Performance General Mental Ability Grade Point Average GMA 2X GPA General Mental Ability (aka Cognitive Ability) is twice as powerful at predicting salary outcomes than GPA Offered 40% more jobs 15% higher starting salary Nearly 50% less likely to be unemployed Work 2-3 10% bigger hours more pay rises each week For more information visit www.onetest.com.au/grads or call 1300 137 937 onetest. www.onehest.com.au