Early Careers Recruitment or How to Invest in Your Company’s Future

Early Careers Recruitment A group of young people with an advisor StudySmarter

In today’s highly competitive job market, early careers recruitment has become a critical strategy for organisations looking to attract, identify, and develop top talent. With the rise of the gig economy and a shift in the way people view their careers, companies must invest in building a strong talent pipeline to stay ahead of the competition.

By providing them with the necessary training, support, and guidance, companies can create a pool of skilled individuals who can take on key roles in the future.

In this article, we will explore the following topics:

the importance of early careers recruitment, the different strategies companies use to identify and develop early career talent, and the benefits it provides for both organisations and individuals.

What is early careers recruitment?

Before understanding how to recruit early talent and the benefits it offers, it’s important to understand what early recruitment is.

Early Careers Recruitment is the process of hiring and developing individuals who are at the early stages of their careers. These are typically fresh graduates or those with limited work experience.

The primary goal of Early Careers Recruitment is to provide high-potential individuals with the necessary training, support, and guidance to help them build their skills and progress in their careers.

Companies invest in these individuals, providing them with various opportunities to gain practical experience and skills in a real work environment. This helps to create a strong talent pipeline. Moreover, it ensures that companies have a pool of skilled individuals who can take up key roles in the future.

Early careers recruitment typically involves activities such as campus recruiting, internships, apprenticeships, and graduate programs. These programs provide candidates with opportunities to gain experience and skills in a real work environment. They also help companies identify individuals who are a good fit for their culture and values.

This is a vital strategy that companies use to attract and develop talented individuals who can grow and become future leaders of the organisation. By investing in these individuals, companies can create a strong talent pipeline, ensuring they have the right people in place to achieve their business goals.

Why you need to recruit early talent

Organisations need to recruit early talent because it is essential to building a strong workforce. This workforce can sustain the organisation’s growth and success over the long term. Here are some of the key reasons why you need to recruit early talent:

Strong talent pipeline

Early talent recruitment is a proactive approach that helps organisations build a strong talent pipeline. By identifying and nurturing talented individuals at an early stage, organisations can create a pool of skilled individuals.

Diverse workforce

Early talent recruitment allows organisations to tap into a diverse pool of candidates. This can include individuals from different backgrounds, cultures, and academic disciplines. This can help create a more inclusive and innovative workplace.

Fostering a culture of innovation

Younger talent often brings fresh ideas and a willingness to challenge the status quo. These qualities can foster innovation and drive growth for the organisation.

Cost-effective hiring

Early talent recruitment is often more cost-effective than hiring experienced professionals. Organisations can train and develop early talent, providing them with the necessary skills and experience over time. In turn, this results in a lower turnover rate and better retention of talent.

Succession planning

Early talent recruitment is a way to identify individuals with high potential who can take on leadership roles in the future. By developing and nurturing early talent, organisations can create a strong succession plan and ensure continuity of leadership.

This is especially important in the current landscape. The 2022 Early Careers Survey by Prospects found that 40% of 2021 graduates said they planned to leave their current employer and the most common answer for this (39%) was to advance their career. This indicates that the opportunity to develop and grow with their current employer wasn’t an option.

Early Careers Recruitment Group of students having fun lying on the floor StudySmarter
Recruiting early talent is key for organisations to build a strong workforce that can sustain their growth.

The benefits of hiring early talent

As organisations continue to adapt to changing markets, competition, and technologies, the need for fresh talent with new perspectives and innovative ideas becomes increasingly critical.

Hiring early talent is one way that organisations can achieve this goal. Furthermore, it has many benefits that can positively impact an organisation’s bottom line.

In this section, we will explore some of the key benefits of hiring early talent and how it can help organisations build a competitive advantage. From cost savings to fostering a culture of innovation, early talent recruitment offers a range of advantages.

Fresh perspectives

Early talent recruitment helps bring in fresh perspectives. It attracts individuals who are new to the workforce and may have different perspectives, experiences, and ideas compared to experienced professionals.

These individuals are typically more open-minded, curious, and willing to learn. These qualities allow them to challenge existing assumptions and bring new ideas and solutions to the table.

Reduced costs

Early talent recruitment targets recent graduates or individuals who are new to the workforce. Thus, their salary expectations are often lower than experienced professionals.

Moreover, recruitment efforts can include partnerships with educational institutions, job fairs, internships, and other initiatives that help organisations connect with potential candidates. These methods can be less expensive than traditional recruitment methods, such as advertising job vacancies, using recruitment agencies, or conducting extensive interviews with experienced professionals.

StudySmarter can help you identify the right times to recruit recent graduates. Download our recruitment calendar.

Diversity and inclusion

Early talent recruitment allows organisations to develop a culture of inclusivity from the outset by creating programs that support diverse and underrepresented groups. These programs may include mentoring, training, and development opportunities that help early talent feel supported and included in the organisation.

Forbes found that 80% of Gen Z individuals believe that it is crucial for brands to showcase diversity and inclusivity. By embracing diversity and inclusion through early talent recruitment efforts, organisations can foster a more collaborative, innovative, and productive workplace. In turn, this shows employees that the company values them, regardless of their backgrounds or experiences.

Increased engagement and loyalty

Early talent recruitment provides individuals with opportunities to develop their skills and knowledge, allowing them to grow within the organisation. This development helps individuals feel valued and invested in, leading to higher levels of engagement and loyalty.

Furthermore, early talent recruitment often includes mentorship and development programs. These create a sense of community and support within the organisation. This support helps individuals feel connected to the organisation and more engaged in their work.

Early careers recruitment strategy

Organisations need to develop an effective early careers recruitment strategy to attract and hire talented individuals who can contribute to their success over the long term.

An early careers recruitment strategy is a plan that organisations use to attract, engage, and hire early talent. The strategy typically includes a range of activities and initiatives designed to identify and recruit individuals who are new to the workforce or have limited work experience.

Elements of an effective early careers recruitment strategy

An effective early careers recruitment strategy should include at least the following elements:

Branding and marketingAn effective branding and marketing strategy can help an organisation differentiate itself from its competitors, showcase its culture, values, and mission, and create a compelling employer brand that resonates with early-career professionals. By building a strong employer brand, organisations can attract a larger pool of high-quality candidates, increase engagement, and ultimately improve retention rates.
Partnerships with educational institutionsBy establishing partnerships with universities, colleges, and other educational institutions, organisations can gain access to a pool of highly talented and motivated individuals who are seeking entry-level job opportunities. By engaging with students and faculty members, organisations can establish themselves as a preferred employer and increase their visibility among early-career professionals.
Talent attractionTalent attraction can help organisations develop targeted messaging that resonates with early-career professionals, emphasising opportunities for growth, learning, and development. Further, it can help organisations build relationships with early-career professionals early on in their careers, creating a talent pool for future recruitment needs.
Candidate engagementEngaging with candidates effectively can help organisations build stronger relationships with early-career professionals, increasing the likelihood of attracting top talent and improving retention rates.
Assessment and selectionEffective assessments can help identify candidates with the right skills, experience, and potential to succeed in the organisation. This can help organisations make better hiring decisions and improve retention rates.
Development and retentionInvesting in the development and retention of early-career professionals can help organisations build a strong talent pipeline, increase employee engagement, and reduce turnover rates.

Example of an Early Careers Recruitment Strategy

To understand these components better, let’s look at a real-life example of an early careers recruitment strategy.

PwC, a multinational professional services network, launched its “Access Your Potential” program to attract and develop talent from underrepresented groups. These groups include women, people of colour, and individuals from low-income backgrounds.

The program provides opportunities for high school and college students to learn about career opportunities in the professional services industry. Moreover, they receive training and mentorship to develop their skills.

We love this early careers recruitment strategy because it focuses on attracting and developing diverse talent. The program provides opportunities for students to learn about the industry, receive training and mentorship, and gain hands-on experience. Ultimately, it leads to increased diversity and success within the organisation.

As of 2022, the objective of this initiative was to provide assistance to 25,000 Black and Latinx college students, including linking them with businesses for potential employment. Additionally, PwC has set a goal to recruit 10,000 Black and Latinx employees to join the company by FY26.

Tips for recruiting early career talent

To attract the best candidates, organisations need to have a clear and effective recruitment strategy. Here are some tips for recruiting early career talent:

Develop a clear and compelling employer brand

Define what your organisation stands for, what it offers, and what kind of culture and values it espouses. This will help you attract top talent and differentiate yourself from other employers.

Leverage social media and other digital channels

Use social media for employer branding: sharing company culture, job openings, and other relevant content to engage with early career talent. Reach out to potential candidates through social media platforms, such as LinkedIn, Twitter, and Facebook.

Partner with educational institutions

Sponsor student events, attend career fairs, and participate in campus recruiting programs. Collaborating with colleges and universities can help in identifying and attracting early career talent.

StudySmarter has compiled a downloadable guide for companies and HR departments that are actively recruiting early talent. The guide contains a list of contacts from the top universities in the UK.

Utilise employee advocacy

Encourage your current employees to refer potential candidates who would be a good fit for the organisation. This can be an effective way to identify early career talent who may not be actively looking for a job.

Be transparent and responsive

Communicate clearly with candidates throughout the recruitment process, providing timely updates and feedback. This can help build trust and result in a positive candidate experience.

Closing the skills gap, fostering innovation, and ensuring the future success of your organisation all start with one key strategy: early careers recruitment. This proactive approach not only builds a strong talent pipeline; it also promotes a diverse, innovative workforce. Ultimately, this secures your organisation’s growth and success. Harnessing the potential of fresh talent via strategic partnerships, effective branding, and a clear recruitment process ensures your business stays competitive. Take the first step in shaping the leaders of tomorrow, today – invest in early careers recruitment.

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