If you’re currently thinking about your career path after University, then you’ve probably already heard about graduate programmes. Although they’re traditionally associated with large, multinational organisations, this sort of scheme is used by all sizes of business to train up the next generation of managers, including at La Fosse. So could a graduate scheme be perfect for you?
How graduate training schemes work
Of course, each company will have its own way of doing things. But there are some similarities between training programmes. Firstly, the company will recruit a number of graduates, who usually all start at the same time. Graduates typically get a greater level of support in terms of personal development and mentorship, and might try out several roles in the business over a one or two year period.
Many companies also offer extensive professional training programmes to kickstart your career – La Fosse's training programme is spaced out over two years, designed to foster the skills needed to launch a career in professional services, including research, business-development, client pitching and negotiation. Our Learning and Development opportunities were awarded best in our industry in 2018.
The idea is that after you complete the graduate training scheme, you are then in the ideal position to be promoted into a role with more responsibility in the business.
Getting onto a graduate training scheme
Large organisations put a lot of time and effort into recruiting applicants for their graduate schemes. On the other hand, competition for places on the most well-regarded schemes is fierce.
Companies might visit universities to give a presentation about the scheme and invite applications. This is a great opportunity to ask lots of questions about both the scheme, and the company. If you missed La Fosse at your university careers fair, check us out online for more information on the grad scheme, or just get in touch with someone on our team – we'd be happy to chat through any questions you have.
After applying, applicants may be then invited to interview, a group assessment centre, or a psychometric test.
What are the most popular schemes?
Most graduate schemes are highly competitive, though many don't ask for a specific degree. At La Fosse, its much more down to how you perform in our application process - we're assessing for those who are values-led, driven and commercially-minded, with the potential to be upskilled.
Salary shouldn’t be the only consideration. Although you’ve got student debt to pay back, its wise to also pay careful attention to which company offers more in the way of training and progression. There’s lots of information online to help you select the graduate training schemes which are best for you.
It’s probably the most common question asked by graduates – what will you be paid. The truth is that it varies hugely. The average starting salary is between £19,000 and £22,000 but top training schemes could pay more (La Fosse's scheme offers between £23,000 and £25,000 base salary, plus commission and share options).
Pay attention to other factors such as benefits and company culture – checkout what current employees say about the company on Glassdoor to determine whether you could see yourself there. Don’t just consider the bottom line – look at the entire picture and package on offer.
If you'd like to learn more about why a career in recruitment could be the right step for you, please don't hesitate to get in touch at email@example.com.