EMPLOYMENT: Universum Student Employer Rankings Results 2012
Recent Gauteng Business News
Universum South AfricaÂ’s annual survey of over 16,900 tertiary students from all 23 accredited tertiary institutions and over 9,100 professionals has thrown up some fascinating insights into youth employment trends.
UniversumÂ’s student and professionalsÂ’ surveys are the most extensive in the country and provide essential information for understanding and improving recruitment of students and professionals within an ever changing economic environment.
The annual rankings and associated trend reports are important indicators of employment trends, young peopleÂ’s expectations for the future, as well as the current skills gap within the South African job sector.
The research additionally informs the Universum IDEALÂ™ Employer rankings, which measure an organisationÂ’s level of employer attractiveness in comparison with other competing employers
Some of the insights from the 2012 research are as follows.
Flight From Commercial Banking
The flight from commercial banks has been a global trend whereby banks, once prestigious and attractive places to work, are no longer considered as attractive. Despite being largely insulated from the global financial meltdown, South Africa is not insulated from the effects of it with the reputation of banks declining. Â“With banks losing credibility around the world, we have seen a flight from commercial banking in South Africa tooÂ” says Universum South Africa Research Manager, Jenali Skuse, Â“almost all the banks declined in the rankings in 2012, with only Standard Bank and FNB climbing in the rankingsÂ”.
Banking Rankings in Business / Commerce / Management
16. Standard Bank
Big 4 Dominate Auditing and Accounting Industries
auditing and accounting students, the Big 4 remain the ideal place to work for students in South Africa. KPMG took the top spot of being the IDEALÂ™ Employer of students who study accounting in South Africa. They were followed by Deloitte, PWC and EY in the Universum IDEALÂ™ Employer Rankings 2012/2013. Â“Working for one of the Big 4 is a prestigious career milestone for students around the world, and South Africa is no exceptionÂ” says Universum South Africa Country Manager, Phillip Myburgh. Interestingly, when we look at the professionalsÂ’ rankings, the Big 4 are not as popular as places to work for those professionals who studied accounting.
Student Accounting Rankings
4. Ernst and Young
ProfessionalsÂ’ Accounting Rankings
3. BMW South Africa
4. South African Breweries
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