Accountants maintain investment in young talent with more than 1000 UK student hires

EY Students

Global accountants EY has welcomed a total of 1048 graduates and apprentices in the UK this year, reinforcing its commitment to invest in and nurture young talent, despite COVID-19. This compares to 1011 graduates and apprentices hired in 2019.

EY’s Reading office has equalled its graduate and apprentice intake from 2019, welcoming 49 new permanent joiners to the business this September. The intake includes 41 Graduates, six Business Apprentices and two Digital Degree Apprentices. The office also welcomed eight new graduates in April earlier this year.

A further 14 students took part in a ‘virtual’ Summer Internship, alongside five, year 12 work experience placements, as part of EY’s Business Academy programme, giving them a taste of life working at EY in Reading, albeit with the added challenge of working remotely.

854 graduates and 194 apprentices have joined 14 EY offices. Edinburgh, Hull, Luton, Reading and Southampton have seen a particularly strong intake on last year, as EY continues to build out its talent pipeline across the country, with 45% of this year’s cohort joining EY’s regional offices.

In line with EY’s commitment to recruit a diverse pool of candidates, 43 per cent of the student recruits this year are female (up from 39 per cent, last year) and 41 per cent are people from ethnic minorities (up from 38 per cent, last year), which includes 3 per cent black students (up from 2 per cent, last year).

Ernst and Young Portraits

Richard Baker, Office Managing Partner at EY in Reading, said: “I’m delighted to welcome the new student intake for 2020 to the business and really pleased to see that despite the challenges of COVID-19, we’ve been able to recruit the same number of new joiners as we did in 2019. These new permanent hires, alongside our commitment to deliver a fantastic experience for our Summer Intern Placement students are testament to our ability to attract the best young talent from across the region, and our vision to continue to build our operations in Reading and the South East.

“Whilst our biggest number of new joiners has been in our Assurance function, we’re really pleased to have also recruited across our Tax, Consulting and People Advisory Services teams, all of which have continued to perform strongly, despite the global pandemic. It’s also particularly satisfying to see that our 2020 activity had nearly an equal ratio of male and female recruits, something that we’ve been keen to focus on over the last 12 months.

“Young talent is essential to our future business success and to shaping the skills we will need to remain competitive. At a time when many young people are facing a challenging labour market, our apprenticeship, graduate and internship programmes provide students and school leavers with a great opportunity to gain real hands-on experience, while also gaining a qualification.”

Justine Campbell, EY UK&I Managing Partner for Talent, added: “Many of the bright, young talent we recruit go on to become our future leaders and are a critical part of the business. We have another strong cohort joining us this year and wish them all the success in their careers with us.”