The Graduate Labour Market in Sydney

Topics: Human resources, Full-time, Employment Pages: 14 (3948 words) Published: January 7, 2013
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The Graduate Labour Market in Sydney, Australia|
Do I have the skills needed?|
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1. Executive Summary

This report aims to investigate the Graduate Labour Market within my chosen sector of the employment market. The pathway I have selected is to work in is Human Resources within the tourism and hospitality industry. The research is focused on the labour market in Australia and especially Sydney. An analysis of the market and the skills and knowledge needed to enter the selected market is included. The skills I have already gained during my studies at University of Westminster will be looked at and also explained in which way those have been useful. Looking at the future employment prospects in Sydney data and statistics have been collected to enable a fair judgment. Also, an analysis of the current job market has been conducted. A conclusion has been included at the end of the report.

Table of Contents

1.Executive Summary1

1.Introduction to Professional Competences – BKEY4013

1.1.Communication Skills3
1.2.Team Work Skills4
1.3.Presentation and Research Skills5

2.Research into the graduate labour market5

2.1.The chosen sector5
2.2.Australia’s labour market6
2.3.Sydney’s labour market – tourism and hospitality8
2.4.Migration and the labour market10
2.5.Skills needed to enter Australia’s labour market10
2.6.Level of education within the hospitality industry11
2.7.Analysis of Feedback11

3.Conclusion12

4.List of References13

„Employers are likely to be looking to graduates who can demonstrate softer skills such as team-working, cultural awareness, leadership and communication skills, as well as academic achievement.”

Carl Gilleard in the Independent, 11 September 2006

1. Introduction to Professional Competences – BKEY401

One of the key modules of level four was Professional Competences (BKEY401) which took place over two semesters. The aim of the module was to help identify and analyse professional and personal skills. Also, a further purpose was to use those skills and to develop them to enhance our career prospects. The next paragraphs show an insight of the different skills we have focused on during the module and how it was useful to the individual. The key skills we have concentrated on were communication, team working and presentation and research skills.

2.1. Communication Skills

According to the Dearing Report (1997) employers are seeking following ‘key skills’ in graduates:

* Communication;
* Numeracy;
* The use of information technology;
* Learning to learn.

The Compact Oxford English Dictionary for Students (2006) defines the word ‘skill’ as ‘the ability to do something well’. To be successful in the job you have to be able to combine knowledge with skills. During the module Professional Competences (BKEY401) students got prepared to identify their skills by using a Skills Tracker. This method allowed students to rate their competences in certain areas and to evaluate the need as to where improvement is needed.

Communication is one of the ‘key skills’ and therefore has been an important element during the module Professional Competences. Already 40 years ago studies have shown the massive impact of communication (Mintzberg 1973). It has found that managers are spending up to 80 per cent of their time in communicating in one way or another. Based on a research study by Ofcom (2010) consumers are spending 45 per cent of their waking hours with various of communication devices. To improve communication skills numerous techniques, such as role plays can be used. Good communication skills are leading to lots of personal benefits as it helps to build confidence. During last year’s module we have practiced and developed our communication skills by debating or self-reflecting on our communication skills. The self-reflection was very...

References: AG (2010), RESOURCING THE FUTURE National Resources Sector Employment Taskforce, Report 6, DEEWR, Canberra.
AG. (2011). Visas, Immigration and Refugees. Available: http://www.immi.gov.au/skilled/. [Accessed 9 November 2011].
Australian Bureau of Statistics (2010c), Labour force, Australia, detailed, quarterly, May 2010, cat. no. 6291.0.55.003. ABS, Canberra.
Australian Bureau of Statistics. (2009). Australian and New Zealand Standard Classification of Occupations, 1st Edition, Revision 1, Cat. No. 1220.0 - ANZSCO. Australian Government Printing Office, Canberra.
Australian Bureau of Statistics. (2011). Australian Labour Market Statistics, October Quarter, Cat. No. 6105.0. Australian Government Printing Office, Canberra.
CIPD (2011). Experience Assessment: A new route to professional membership. Brighton: Mosaic.
Compact Oxford English Dictionary for Students (2006) Oxford: Oxford University Press.
Dearing, R. (1997) The Dearing Report (series of reports by The National Committee of Inquirq into Higher Education. Available at http://www.leeds.ac.uk/educol/ncihe/docsinde.htm. [Accessed 5 November 2011].
Department of Education, Employment and Workplace Relations (2010d), Workforce characteristics, Skills Info, DEEWR, Canberra.
Gilleard, C
Graduate Careers Australia (2010), GradStats: Employment and Salary Outcomes of Recent Higher Education Graduates, 15,.2-9, GCA, Canberra.
International Labour Organization. 2001.Human Resources Development, Employment and Globalisation in the Hotel. Catering and Tourism Sector, ILO, Geneva, 2001.
Mintzberg, H. (1973) The Nature of Managerial Work. New York: Harper & Row.
Ofcom
Paskin, B. (2011). The Cavendish Hotel named as best small hotel employer. Available: http://www.bighospitality.co.uk/Events-Awards/Sunday-Times-names-The-Cavendish-Hotel-as-best-small-hotel-employer. [Accessed 8 November 2011].
Qantas. (2011).Human Resources. Available: http://www.careers.qantas.com.au/Graduates/Human-Resources.aspx. [Accessed 7 November 2011].
Stevens, M. J. and Campion, M. A. (1994) The knowledge, skill, and ability requirements for teamwork: Implications for human resource management, Journal of Management, 20, 2: 503-30.
Stevens, M. J. and Campion, M. A. (1999) Staffing work teams: Development and validation of a selection test for teamwork settings, Journal of Management, 25, 2: 207-28.
Taylor J (2005) Recruiting University graduates for the public sector: An Australian case study. International Journal of Public Sector Management 18(6): 514–533.
UKCGE. (2010). The UK Graduate Careers Survey 2010. Available: http://www.ukcge.ac.uk/news/archive/April+-+June+2010/Careers+Survey. [Accessed 7 November 2011].
World Travel and Tourism Council (2009). Travel and tourism economic impact. London, England: World Travel and Tourism Council.
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