According to the report, 58.8% of graduates are in jobs deemed to be ‘non-graduate roles’, because the number of graduated has “significantly outstripped” the creation of high-skilled jobs.
Chief executive of the CIPD, Peter Cheese said the report's findings should be “a wake-up call”.
He said: “The assumption that we will transition to a more productive, higher-value, higher-skilled economy just by increasing the conveyor belt of graduates is proven to be flawed”.
As a result of its findings, the CIPD has called for a “national debate”, recommending that the government and organisations should act together to help graduates make better use of their skills. The report also highlighted that for young people choosing an apprenticeship instead of university could be a “much better choice”.
In a previous Career Wiser article, a graduate on Be Wiser’s KickStart graduate programme, Ben Collins, reported that he had been turned away from graduate roles due to ‘a lack of experience’.
This seems to be a growing problem amongst graduates nationally and creates a frustrating situation whereby graduates cannot secure a position due to their lack of experience, but cannot gain the experience without being offered a job.
With the seemingly ever-increasing costs of a university education and diminishing prospects for graduates, going to university is no longer the obvious route for young people and an increasing number of school and college leavers in the UK are choosing to pursue an apprenticeship instead.
Apprenticeships provide the attractive proposition to young people to ‘earn while they learn’, allowing them to enter the world of work and gain qualifications at the same time – making them the envy of their friends.
Be Wiser’s apprenticeship programmes are tailored to various abilities and help candidates to develop technical knowledge and professional skills, and achieve industry-recognised qualifications, as they earn a highly-competitive salary.
At the end of a Be Wiser apprenticeship, the combination of experience, skills and qualifications that apprentices gain really helps to kick-start their professional careers as insurance professionals.
If you would like to find out more about the apprenticeship opportunities at Be Wiser call our friendly recruitment team on 01264 748181 or email firstname.lastname@example.org.