The launch of a ground-breaking new service that helps employers hire talented Monash graduates could boost the number of graduates successfully entering the workforce.
The unique game-based job and career matching platform, Monash Talent, uses a scientific approach that is innovative and engaging for graduates and employers. It creates a snapshot of a person’s unique characteristics that helps employers find the most compatible candidates.
Graduates play a series of video games that assess 50 key cognitive and emotional traits, revealing their key strengths that recruiters and hiring managers want to know. Monash Talent’s digital platform and matching technology is based on research by Mercer Australia that uses Big Data and cognitive and behavioural analysis to align workers with workforce needs.
Monash is the first Australian university to offer a fully integrated career development and employment service designed to respond to the challenges faced by employers in finding the right candidate among graduates.
Monash University President and Vice-Chancellor, Professor Margaret Gardner AO, said deepening engagement with employers was invaluable in preparing students for their careers after graduation.
“Universities need to co-create innovative solutions with employers, since they are the ones that benefit from very capable graduates,” Professor Gardner said.
“Monash University is doing so by articulating the skills that are sought after by employers, providing practical work experience as part of our curriculum, and providing graduates the opportunity to register with Monash Talent for up to three years after graduation.”
More than 1000 employers were consulted during the development of Monash Talent; most were companies that host Monash interns.
Employers said their main challenges were the time consuming nature of recruitment, recruitment costs, understanding work rights for international graduates and finding the right match for entry-level roles.
Across Australia, employment prospects for graduates have fallen since 1990, when 87.8 per cent of graduates had full-time jobs. By 2014, that number had dropped to 68.1 per cent.
Director of Monash Talent, Brooke Young, said Monash University was being proactive in a global labour market where an increasing number of graduates, even top students struggled to find jobs.
“We want the jobs to find our graduates and that is what Monash Talent is all about. It’s about the right grad for the right job and using the latest technology to make it happen quickly and painlessly for employers,” Ms Young said.
“Monash Talent will strengthen the University’s dialogue with the private sector. At present the enormous talent pool that can be found at Australian tertiary institutions are under-represented in commercial enterprises.”
The service also reflects changing workplace practices where the classic recruitment model is disappearing. This is a major improvement on traditional university-based career services where only job boards are available but there is no searchable criteria to match graduates with employers.
A poll conducted by Mercer for the Australian Higher Industry Association found that in 2016 only 20 per cent of human resources leaders at Australian universities strongly agreed that their place of work was a leader in engaging with industry.
Practice Leader for Talent Strategies at Mercer, Ephraim Spehrer-Patrick, said the innovative new service would improve employment opportunities for graduates.
“It’s great to see Monash working so closely with employers to make it easier to source the diverse talent they need to create vibrant businesses,” Mr Spehrer-Patrick said.
“Globally, companies continue to be challenged to hire the right skill set to grow their business in today’s fast-paced environment and, as a leading university, Monash is addressing this challenge and taking employment outcomes to the next level with the Mercer Match platform.
The game-based job and career matching platform takes a scientific approach that is both innovative and engaging, and presents a win-win opportunity for both employers and candidates.
Source: Monash University