11 superior Swedish Scholar Survey: Huge banks excel, FinTech fails
Concerning the Scholar Survey
This 12 months’s pupil survey ran from September 2022 to January 2023 and was answered by a complete of 20,520 college students, which is Sweden’s largest profession survey up to now. Universum’s surveys are answered yearly by over 1.5 million respondents, in 65 markets worldwide, which leads to Sweden’s most complete – but additionally the world’s largest expertise survey by far. This offers us a singular information base and understanding of what expertise is in search of and expects from employers. The info is additional segmented by gender, age, academic background, and so on. The fitting knowledge consequently offers you as an employer related perception into how you have to proceed in an effort to appeal to and retain your proper goal group.
Compensation and safe employment are a very powerful priorities in 2023 for Swedish college students when selecting a future employer. Encouraging steadiness between work life and personal life in addition to versatile working situations proceed to develop into much more vital. Basically, it may be mentioned that Respect and Kindness within the Swedish work surroundings is mostly rising as a profession desire. Nonetheless, traits akin to a Inventive and dynamic work surroundings, Difficult work, Moral norms and CSR have gotten much less vital. Maybe CSR has develop into a so-called hygiene issue, i.e. that right this moment it is kind of anticipated of an employer. The dedication to sustainability has decreased successively since 2020.
Though the significance of sustainability has declined over the previous 4 years, 2023 represents the 12 months wherein the significance of economic sustainability has reached an all-time excessive amongst college students. Unstable financial occasions shifts the main focus to industries that may deal with financial uncertainty. Corporations which have a confirmed potential to behave with a monetary accountability mindset are extra engaging this 12 months.
One trade anticipated to navigate a excessive curiosity/inflation surroundings is banking. With fears of a looming recession, the emphasis on good cash administration appears to outweigh employment with profitable development employers. This clearly correlates with this 12 months’s rating, which exhibits an elevated curiosity amongst college students in working at giant and prestigious banks.
The banking sector was one of many huge winners in 2023 based on the scholar survey. Nonetheless, that is the primary time since 2019 that Fintech is experiencing a pointy trade decline amongst finance and IT college students, with many stylish FinTech corporations dropping ranks. Basically, we see your complete tech trade dropping attractiveness as a consequence of a looming recession and ongoing layoffs throughout the trade. Main gamers akin to Spotify, Google and Microsoft stay very engaging, however additionally they misplaced percentages on this 12 months’s rating. That is seemingly because of the uncertainty that impacts the trade and the massive layoffs which can be occurring. The underside line is that right this moment, it isn’t thought of a protected trade to work in.
Google takes again 1st place from Spotify on this 12 months’s rating amongst tech college students. Klarna drops 17 rating positions amongst each tech college students and civil engineers and drops from rank 4 to 21 amongst economists. Avanza can also be dropping percentages in IT and finance. Issues are higher for the normal huge banks. Amongst economists, SEB rises from rank 14 to five, Swedbank from 7 to 4, and each Goldman Sachs, J.P. Morgan and Handelsbanken up. We additionally see a pattern amongst employers linked to the nationwide protection. Each Saab, the Armed Forces and FOI confirmed robust rating performances this 12 months. This may occasionally in fact be instantly associated to the Russia-Ukraine disaster.
Girls nonetheless anticipate 7% decrease beginning wage than males. If we break this down by examine background, 2023 is the primary 12 months ever the place we’ve got a bunch the place ladies anticipate a better wage than males; the attorneys. Sadly, we see a correlation between the scholars’ anticipated beginning salaries and the precise salaries later of their skilled lives. That is how there must be a change in expectation and demand.
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2022 superior Swedish Scholar Survey: Huge banks excel, FinTech fails