Graduate Talent Pool - help or hindrance?

On Sunday evening Donal MacIntyre presented an investigation into unpaid internships in the UK on his Radio 5 Live show. The report highlighted the fact that some companies are using the government website Graduate Talent Pool to advertise unpaid internships that potentially break National Minimum Wage laws.

Inspiring Interns shares the concerns raised on the programme and, further, welcomes any move to draw attention to the exploitation of graduates by businesses using unemployed young people as free labour. As a company we go to great lengths to ensure that our placements offer the kind of professional experience that graduates require in today’s oversaturated job market; moreover we only work with clients interested in developing young talent, not taking advantage of it.

The other main issue that the programme raised was how expenses-only internships are deepening the class divide, with only the wealthy able to undertake longer periods of work experience on low remuneration.

Inspiring Interns agree entirely that internships should be open for all, and back the government’s current schemes to support those who might not otherwise be able to afford internships. We were also delighted to hear David Lammy MP announce on Donal MacIntyre’s show that a new initiative will launch in the summer to offer means-tested support for graduates who undertake placements. Inspiring Interns believe that by offering government financial incentives, graduates will be inspired to test the water by gaining valuable experience in their chosen fields. They also have the opportunity to work in areas which they may not have previously considered. By participating in short term internships in a variety of industries or sectors graduates can make a more informed choice when planning their career path.

Inspiring Interns would also like to express support for businesses offering genuine internships, and urge the government to avoid over-the-top intervention that could damage a very beneficial system. There must be official recognition that in the current economic climate some companies simply cannot afford to pay interns and do not have long term openings. However, by offering a placement they do provide essential experience for graduates and potentially create permanent jobs; either when the market picks up or, more exceptionally, where the intern performs so well that the company perceives there to be a business case with low risk to take the intern on full time.

Banning unpaid internships would do more damage than good, both to young people and to the economy. Therefore the government needs to clarify legislation on internships, and follow the recommendations outlined in Alan Milburn’s report on social mobility. For as Mr. Milburn argues, “Internships are an essential part of the career ladder [and] part and parcel of a modern, flexible economy.”  At Inspiring Interns we aim to provide a valuable service both to graduates entering the job market for the first time and to industry. We provide choice, experience and hopefully long term career paths for our interns, whilst at the same time offering a commercial, low cost low risk business solution for.

Inspiring Interns were left rather bemused by the entirely negative picture the Mail painted. Sadly there are companies willing to take advantage of unemployed graduates – with the media sector particularly guilty – but by and large the rise in internships has been a very positive development for both businesses and job seekers.

At Inspiring Interns we rigorously check our clients before we send them candidates to ensure the placement will benefit the graduate and that the company is not using interns as a rolling staff solution.

This means that, having been trading for just over a year, we now have a plethora of grateful graduates who are now in paid employment as a result of having done an Inspiring Interns internship.

Ben Tatton-Brown, CEO of Ring Ring Mobile, has hired eight interns from Inspiring, all of whom have secured permanent positions as a direct result of doing a placement. Tatton-Brown commented: “Inspiring Interns’ service has been invaluable to our company. We have found eight superb staff members that have developed and grown within their roles, and who would not have become part of this company had they not initially completed internships.”

Inspiring Interns are always thrilled to hear when our work has helped candidates gain invaluable experience, particularly when they have gone on to secure full-time positions. We believe it is this mix of developing skills and creating careers that make our company such an attractive proposition to graduates.

Inspiring Interns – specialising in finding meaningful internships for students and graduates –http://www.inspiringinterns.com

Earn money while you intern

Back in December we reported that the Government was planning to provide £8 million of funding to those from disadvantaged backgrounds who would have otherwise been unable to undertake unpaid internships.

We are pleased to say that this scheme now encompasses any graduate from a participating university who is looking for an internship. If your old uni is taking part you could be entitled to around £6 an hour while you complete a placement.

Working in tandem with the government’s priority areas for future industries, the scheme is particularly keen to provide grants to graduates working in one of the following seven sectors:

• low-carbon products and services
• digital industry
• life sciences and pharmaceuticals
• advanced manufacturing
• professional and financial services
• engineering construction
• industrial opportunities presented by the ageing society.

Alongside the obvious financial benefits this scheme offers, graduates will also get structured support before, during and after their placement – including mentoring, pre-employment and interview training, and CV workshops.

This is a wonderful opportunity for graduates to gain fantastic experience for their CV without having to make major fiscal sacrifices. And of course Inspiring Interns can help you on the way to finding that dream placement – so why not get in touch?

Inspiring Interns – specialising in finding meaningful internships for students and graduates –http://www.inspiringinterns.com

More and more graduates are being told that they are overqualified due to a saturated market full of students with the right qualifications, but with insufficient skills.

I personally have been told when applying for a job that I was the dreaded ‘overqualified.’ My question to employers and indeed others who have been classed as this is:

Should graduates be penalised for having more qualifications rather than skills?

My answer is no. Brought up into a system where ‘Education, Education, Education’ has been hammered into the youth of today, it is no wonder that more of them are turning to higher education. In addition the applications for further degrees are up 400% in some subjects! It seems that there is a problem in the transition between the post A Level’s and pre University stage, many students simply feel that going into higher education is the only way forward.

A possible solution to this problem could be the implementation of a new style of thinking within budding students, releasing the pressure of ‘rushing’ into University before they are ready. The famous ‘gap year’ has long been stigmatised as the easy out option before University with many students travelling abroad. However if utilised properly this gap year could be turned into a year of exerperience.

Having students work for a year in an industry of their choice could indeed better prepare students for university, giving them a real sense of why they are studying for their degrees rather than being there for the sake of going into higher education. As well as this they will have that golden experience for their CV’s.

But to return to the present economic climate, students are taking the time to fill out their résumés by taking internships and work experience out of term time, namely the summer months. The government has even recognised this need by implementing The Graduate Talent Pool.

This system aims to give students the skills they need to be more employable so that graduates are not left jobless once they leave University.

Internships and work experience are proving vital to gain the skills that employers need from students. I think that more and more students should jump on this particular band wagon in order to save themselves from unemployment in the future.

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