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AGR: tax breaks for graduate recruiters

10/03/2010 AGR: tax breaks for graduate recruitersEmployers should be given tax breaks as a financial incentive to hire more young graduates in industries such as IT.

This is the view of the Association of Graduate Recruiters (AGR) in a manifesto launched yesterday (March 9th), titled Talent, Opportunity, Prosperity.

The AGR has set out points on how to improve graduate recruitment sectors such as technology as the economy recovers and the proposed tax break would cover at least one year of the graduate's employment.

This comes as research by the group showed that graduate jobs would only rise significantly in 2011. In 2009 recruitment fell by 8.9 per cent and it is expected to fall by another 1.6 per cent this year.

Carl Gilleard, chief executive of the AGR, told Personnel Today: "To recruit someone is an expensive process, particularly if you intend to develop that person, as people recruiting graduates will do.

"Many employers can find work for people to do but what prevents them going forward is the cost of hiring that individual."

Mr Gilleard also called for more skills training in work placements while at university.


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