Oct 24, 2017

Barclays to offer free accommodation to graduate job applicants

Barclays is to offer all graduates - not just its own applicants - free accommodation for job interviews in London, Birmingham and Manchester, some of the UK's main employment hubs. Cash-strapped graduates will be able to apply for two nights of free accommodation in studio apartments, in a move that the bank hopes will relieve some of the financial pressure on students. A survey carried out by the lender showed graduates on average have to attend more than three interviews before receiving a firm job offer, with four in 10 turning down interviews because of the expense. Most smaller employers do not, creating challenges for job applicants who live outside the most attractive areas for graduate employment. According to Barclays, which polled 2,000 graduates about job prospects, students spend £507 on average getting their first job after university.

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