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Latest News

Graduates rate training higher than cash rewards

by Personnel Today 5 Aug 2002
by Personnel Today 5 Aug 2002

Graduates
are turned on more by training and development opportunities than they are
money, suggests the latest snapshot survey by Investors in People UK.  

Interviews
with 133 graduates in London and Bristol reveal that:

–
93 per cent think it is important to join an organisation committed to training
and developing its people

–
More than 60 per cent do not rank salary as a significant factor in career
planning

–
Two-thirds rate training and development as one of the two most important
factors when choosing an employer 

–
Only six per cent feel their productivity would be enhanced by a big bonus

Ruth
Spellman, IIP chief executive, was surprised by the findings. "We hope
this proves to be a real eye opener for organisations looking to recruit and
retain the most talented graduates this year," she said.

Anna
Kelsey, HR manager at Selfridges in Manchester, commented:  “Graduates, certainly in the retail
industry, are much more career minded than they were 10 years ago.

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"The
next generation have big aspirations and seem determined to work for
organisations that will ensure these can be fulfilled.”

By
Jane King

Personnel Today

Personnel Today articles are written by an expert team of award-winning journalists who have been covering HR and L&D for many years. Some of our content is attributed to "Personnel Today" for a number of reasons, including: when numerous authors are associated with writing or editing a piece; or when the author is unknown (particularly for older articles).

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