Firms change recruitment process

Accountancy firm KPMG has changed its graduate recruitment process, so that applicants find out if they have got a job within two working days.

It made the change following research which found that more than one-third of this summer’s new graduates were annoyed by how long the recruitment process took.

KPMG chairman Simon Collins said the company felt it had to make the changes to compete with smaller start-up or tech firms, which often offer a faster recruitment process.

The move comes in the wake of announcements by several other big firms. 

Goldman Sachs has scrapped face-to-face interviews on university campuses in a bid to attract a wider range of talent.

And last year, Deloitte said it had changed its selection process so recruiters did not know where candidates had gone to school or university.