9 Tips for Implementing a Successful Graduate Scheme
With less than two weeks left until the application deadline for our award winning graduate scheme, we took the time to reflect on what makes a successful graduate scheme. Hopefully these tips can give you a flavour for what your experience of being a NineStarter would be or give you some inspiration to reinvigorate your own graduate scheme.
- Don’t assume – It’s a misconception that graduates are only interested in London and multi-national corporations. Graduate schemes aren’t just for the big companies – when Nine Feet Tall created NineStart, there were less than 15 employees at the company. In the same way a product needs a unique selling point, a graduate scheme will need something to distinguish it from the hundreds of others available to students.
- Never underestimate the importance of the selection process – any new recruit will come with their associated risks; you can never guarantee a smooth integration. But with a selection process that is adapted to your organisation’s needs, you find out what makes your graduates tick, you’ll reduce the hiring risk and see the long-term cost benefits of not having to replace them.
- Give your graduates some responsibility – coming out of University with the bit between their teeth, graduates can bring a refreshing approach to work. Give them some flexibility by allowing them to have a say in their development: what do they want to learn about? What skills would they like to develop? Providing it aligns to your company strategy, let them take charge.
- Strike a balance between teaching and telling – this is easier said than done; it’s personal to each graduate and so your graduate scheme should build in some flexibility. In the same way you’d consult your stakeholders before building a new IT solution, you should talk to your graduates about the expectations of the graduate scheme from their side.
- Allow stupid questions – whilst graduates will be eager to get stuck in and apply themselves, the world of work can, at times, appear daunting – especially given its contrast with the preceding years of University. In their keenness to impress, a graduate may feel reluctant to admit this so ensure they’ve got an avenue to voice concerns or ask a stupid question. One solution to this to could be to assign them a buddy who’s already trodden the path they are embarking on.
- Utilise your existing team – encourage your employees to approach your graduates, give them a friendly sounding board and treat them to a coffee. A new recruit will feel much more integrated into their new surroundings if they feel accepted by the team. It can also add some fresh impetus to your current team – perhaps your new graduate(s) will have some ideas you’ve overlooked?
- Have a long-term vision – if you’ve employed the right person, it’s likely they’ll have one eye on the future. They’ll want to know where they could be in 3/5/10 years’ time, so have your answers ready. There doesn’t need to be a minute-by-minute plan, but if you want your graduates to be future business leaders, give them a framework of core competencies they need to work towards. As a graduate, it’s a real motivator to know a company sees you as part of their long-term future.
- Evaluate what’s gone before and apply what you’ve learnt – you’ll no doubt expect your graduates to absorb feedback and apply what they learn and you should do the same. A graduate scheme shouldn’t stand still; it should evolve based on the experiences of those who’ve been through the scheme previously. It’s also engaging for those previous incumbents to shape the development of their successors.
- And finally…have some fun! – there’s a saying in life: ‘all work and no play makes Jack a dull boy,’ and it’s a good one to bear in mind. Plan some after-work drinks to celebrate the new arrivals and make it a regular date in the diary. It’s something the whole team can benefit from, too.