Register now for Fin24 Dashboard and get access to portfolios, watchlists, financial comparison tools, and a whole lot more to help you achieve your financial goals.

Data provided by McGregor BFA
All data is delayed
Loading...
Where am I? Home
 
Prices are delayed by 15min.
Join the Fin24.com conversation about JSE-listed stock by using every time you tweet.

Graduates' pick

Nov 30 2006 00:00

Related Articles

 

Top Stories

Facebook, banks sued over pre-IPO calls

May 23 2012 18:03

Facebook and banks are being sued by Facebook's shareholders, who claimed the defendants hid Facebook's weakened growth forecasts ahead of its initial public offering.

Govt challenges e-toll ruling in ConCourt

May 23 2012 15:59

Finance Minister Pravin Gordhan has made an unusual appeal to the Constitutional Court in a bid to set aside the high court order halting e-tolling.

Income inequality divides SA - survey

May 23 2012 22:00

Economic liberation or the lack thereof is the most divisive issue in the country, according to a survey.

 
Share Share line Print
EVERY YEAR THE same group of about 30 to 40 South African employers are on the preferred lists of graduates in different professions, MBAs and young business people. In the Magnet Graduate Survey for 2006 - the third and most comprehensive yet by Magnet Communications, the SA subsidiary of the Swedish Universum Communications - graduates in commerce chose Absa as their ideal employer, followed by KPMG, PricewaterhouseCoopers, BMW SA and Deloitte. Last year, KPMG was chosen as the top employer and in 2004 BMW SA received the laurels. Although the rankings differ year to year, it's the third successive year that the same names have achieved a top five place. "This year's 12 283 respondents were 28% more than in the previous survey," says Anders Keen, a director at Magnet Communications. "The greater participation also means that a more accurate picture is obtained." Among the respondents, the majority (45,2%) were from commerce, followed by 36,2% from science and engineering, with fewer than 20% from other disciplines. The average age of commerce graduates was 23, while that of the science and engineering group was 22. Around 51% of the respondents were female. The racial mix was 54,9% black, 26,5% white, 8,4% Indians/Asians and 6,9% coloured. The rest declined to state their race. Keen says that the order of preference of the science and engineering group changes more each year than that of commerce graduates. Sasol - chosen for the second successive year as the ideal employer by this group and second after BMW SA in 2004 - has so far been the most consistent. Eskom, second in this year's rankings, was fourth last year and eighth in 2004. De Beers, ninth this year, was seventh last year and only 90th in 2004. This year's top five were: Sasol, Eskom, SA Breweries, Angloplats and BMW SA. "It's striking that graduates are increasingly insisting on jobs overseas, flexible hours and family time - conditions that weren't negotiable in the past," Keen says. The target groups don't agree on which company they regard as the top employer. In last year's survey, young business people chose Investec, BMW SA, SA Breweries, Rand Merchant Bank and Anglo American. And MBA graduates' top employers were SA Breweries, BMW SA, Rand Merchant Bank, the World Bank and Vodacom. Keen says: "Employers are involved in a talent war." He says BMW SA's parent company in Germany is one of the very best examples worldwide of how a company can skim the cream of employees. "That group gets about 300 000 job applications a year, from which it can only employ 3 000 - 1%. If you're seen as one of the best employers every year, it's obvious you'll be able to attract the talent."

 
 
Comment on this story
0 comments
Comments have been closed for this article.
Facebook's intrinsic value
May 23 2012 11:32

When it comes to judging a company’s worth, value investors like Warren Buffett look at intrinsic value. By that measure, Facebook’s shares are worth less than $10. A Reuters analyst breaks down the math. (Reuters)

NicolaaSmith

Items with an underlying monetary nature Utility, scarcity and exchangeability are the three basic attributes of an economic item which, in combination, give it economic value. All economic items are exchangeable and money is generally the generally accepted medium of exchange. All economic items t... Read their blog...

Recently updated
Podcasts
The Sishen saga

Legal expert Peter Leon on the increasingly complex legal wrangle over the Sishen Iron Ore mine. Time: 8:17 Listen Here...

Before you list

Is the clarion call of the JSE calling? Listen to Fin24’s expert panel discussion before you list your small business. Time: 17:29

Compare and Buy

Compare and apply for hundreds of financial products from many suppliers.

Credit cards Medical aid Current accounts Think Money

Money Clinic

Money Clinic Do you have a question about your finances? We'll get an expert opinion.
Click here...

Loading...