| Delayering |
Organisations are becoming leaner. Some of
the major changes have been to reduce the number of levels of management
or hierarchy. This can enable an organisation to be able to respond more
quickly to change - and reduce costs by employing less people.
It can also
means more interesting roles for graduates. |
| Out-sourcing |
Organisations are outsourcing activities
that other people can do better or more effectively. They are
concentrating
on what they do well their core business. For example the State
Government
outsourced IT activities to EDS. |
| Partnerships and
alliances |
Organisations are developing
strategic alliances
with suppliers and competitors. For example in the Airline
Industry a number of airlines have partnered in the Star
Alliance.This aims to offer a better service for
all their customers. Expect to see this in other industries. |
| Technology implications |
Technology is rapidly changing
how we operate
in the world of work and will continue to do so. Everyone is going to be
affected by this change. |
| What is happenning with graduate
employment? |
Graduates are still being
employed but where
they are employed is changing. For Bachelor degree graduates who look for
full-time work when they finish their degrees, about eight in every ten
have found it within four months. Of the remaining two in ten, one is in
part-time work while looking for a full-time job and the other
is not working.
Research suggests that those two quickly
find full-time work, and that in the long-term, unemployment is not a
great concern for university graduates. ABS data (Cat. 6227.0)
shows unemployment rate for Bachelor degree graduates to be 3.1 percent
compared to 7.4 percent of the total population aged 15-64. |
| The new employers |
Graduates will need to look at
opportunities
in smaller and medium sized organisations and in the new growing industry
areas. For example with the outsourcing of public community
services graduates
will need to look for positions in not for profit, charitable
services and
private organisations. |
| Under-employment |
Graduates are having to look at
entry level
positions in organisations and then work themselves into positions with
more responsibility. Initially this may mean that you start your role in
a customer service position before applying for other positions
in the organisation.
For example, graduates wanting a management position in a
Telecommunications
or Financial Organisation may need to start their careers in a
Call Centre. |
| Growth in the Service
Sector |
Graduates are much more likely
to be employed
in service sector positions. Graduates will be particularly affected by
this since organisations success and prosperity will
depend on value
added skills. Growth areas are in jobs such as IT, Finance, Marketing and
Customer-service roles. |
