5 reasons why your business should invest in early talent

5 reasons why your business should invest in early talent

Sqft Digital - Why Invest in Early Talent

Early talent and the way that it is approached, has changed dramatically over the years. Whilst we still assess the impacts of the pandemic on our businesses, there are a few things that haven’t stopped dead in their tracks: students are still graduating and students are still seeking work throughout their degrees to shape their experience.

Despite the tightening of budgets and hiring in a range of sectors, there has never been a better time to invest in early talent and ongoing learning and development opportunities. There are many firms that may not want to take such as risk, choosing to invest and focus on experienced hires instead, however, we have outlined five reasons why early talent deserves your extra consideration and investment.

Sqft Digital - Zoom Meeting and Training

Gain new approaches to working

Students and graduates can help inject new ideas and fresh perspectives into the business. Despite the stereotype that students only spend three to four years studying, whilst gaining no experience, students can come from a range of different backgrounds and academic experiences which can make them great assets to your business. Some of these experiences could include a study/work year abroad or undertaking a committee position at a sports club or society.

Increase brand awareness

Applying for early talent programmes is a regular occurrence for most students at university, with internships and/or placements being the first step, before eventually going onto apply for a graduate programme. Due to the number of businesses that have such programmes, many university events are centered around careers and career development which can include events such as Career Fairs.

By investing in early talent, you can gain a new audience who will now be interested in your business ad what you have to say. This can provide endless opportunities for strategic partnerships with universities and further marketing of your business.

Plan for succession

In any business, planning for the future is vital. Incorporating management training into your early talent strategy could solve succession planning concerns, particularly if there is an ageing demographic or if the company needs to restructure. There are a number of CEOs who started off in their current firm’s graduate programme! Despite generational differences being a factor as well as the difference in working expectations, if there is a supportive culture of learning, leadership, and progression, there is no reason why this can’t work by today’s standards.

Improve employee engagement

While investing in early talent isn’t an easy process, it has many benefits which can include the improvement of employee engagement. Implementing an early talent strategy would mean all hands on deck for your business. Generally, when a graduate starts a program, the programme would usually have a set of rotations, so that the graduate gets a well-developed feel for the business and experience in different departments. For this to work successfully, all members of your team have to work cohesively to support one another, so the business and the new hire at the beginning of their journey can thrive.

This can be improved in a range of different ways such as having learning mornings where a different member of staff hosts a presentation about their departmental area and something interesting happening in the market that can impact the company. Engagement sessions like these can bring your team together and can also be very helpful for your graduate hire’s professional development.

Stand out against competitors

Investing in early talent will give you a significant edge, especially if your competitors haven’t made that investment. By advertising that you welcome those who are just starting their careers, it shows that your business has the foresight, has spent time and resources to develop a property strategy, and cares about developing the next generation of professionals in your sector.

 

 

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