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Deferring graduate start dates...

 
#1 Deferring graduate start dates...
22/09/2008 18:19

Sarah

I have been offered a graduate job with a top tier strategy firm. One of my friends who is in a similar situation has received the news that they will be deferring her start date. I am afraid I might receive the same news very soon. Does anyone know which firms are deferring start dates?

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#2 RE: Deferring graduate start dates...
23/09/2008 10:06

D to Sarah (#1)

Sarah, can I ask which city you are in?

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#3 RE: Deferring graduate start dates...
23/09/2008 10:19

Sarah to D (#2)

I'm in London.

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#4 RE: Deferring graduate start dates...
23/09/2008 11:02

D to Sarah (#3)

Great. Fancy meeting up for lunch sometime?

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#5 RE: Deferring graduate start dates...
23/09/2008 11:51

Sarah to D (#4)

I am alright thanks..

I thought this was a career forum?! Feel free to put your answer in a posting instead of dicussing it over lunch.

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#6 RE: Deferring graduate start dates...
23/09/2008 11:55

anon to Sarah (#5)

well, you were looking for information about a date.

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#7 RE: Deferring graduate start dates...
23/09/2008 12:03

Anon to anon (#6)

Smooth...

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#8 RE: Deferring graduate start dates...
23/09/2008 12:29

Blad to Anon (#7)

Sarah, If I may.

It would appear you have fallen victim to a charlatan's clumsy attempts at securing your undoubted charms.

Lunch! How dare he. In London town a lady goes to dinner or she doesn't go at all.

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#9 RE: Deferring graduate start dates...
23/09/2008 13:07

Tony Restell (Top-Consultant.com) to Sarah (#1)

Hi Sarah. As Top-Consultant mostly helps consulting firms to recruit experienced hires rather than fresh graduates, our interactions with recruiters don't tend to shed so much light on what's happening with the graduate intake. So I'm afraid I can't shed light on which specific firms might be delaying start dates in this way.

However I thought you'd appreciate the crumb of comfort of knowing that this is not at all unusual when the market takes a turn for the worse. The most recent round of milkround recruiting will have taken place when the firms were collectively projecting another year of buoyant business - and obviously with the recent economic developments this is no longer the reality.

There is really nothing worse than being a new hire in a consulting firm and finding yourself "sat on the bench" / "on the beach" for months on end - ie. not out working on a paid client assignment. It's demotivating, you're not learning anything and as your unproductive cost to the firm rises so does your risk of being made redundant, which is a far more serious outcome for your career than having your start date delayed.

For all concerned it's therefore much better to have a delayed start date so that the firm's headcount is brought more back into line with the revised level of client demand.

Your situation - whilst not ideal - is far better than those who'll be graduating a year later and will find the milkround hiring opportunities significantly scaled back as firms are still trying to accommodate those made offers in your round of milkround recruiting.

My best advice would be to mentally prepare yourself for something fun / rewarding / challenging you'd like to do if you do find your start date put back - ski season, living abroad to learn another language, etc.

Hope this helps and all the best

Tony Restell

Top-Consultant.com

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#10 RE: Deferring graduate start dates...
23/09/2008 13:22

James Caan to Tony Restell (Top-Consultant.com) (#9)

Hi Sarah, I am James. Sorry to hear about your dliema. I have a friend who can help you. Let me put you two in touch and he should be able to provide assistance.

As for me, I am out.

Good luck with that.

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#11 RE: Deferring graduate start dates...
23/09/2008 13:30

All of us to James Caan (#10)

Dear James,

Thanks. Thanks a lot. Thanks for your role in growing the recruitment industry. Thanks for all the re-“trained” (ahem) tyre-kickers who made the move into the Footballers-haricut-good-good-we’ve-got-the-perfect-position-for-you-with-a-major-bluechip-I’ll-call-you-with-feedback-if-you-believe-that-you’ll-believe-anything industry which made you a millionaire. Thanks a lot.

Yours,

Everybody who has ever been on (or near) the job market.

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#12 RE: Deferring graduate start dates...
23/09/2008 15:22

James Caan to All of us (#11)

Recruitment world? Hardly! Think Dragns Den. Lol

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