Jed Hallam

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PR Graduates in a Recession

We’re getting closer to the end of the academic year and dissertation deadlines are either fast approaching (just ask Kristen, my new best friend, who’s a few weeks away) or have just passed (cue sigh of relief, only to be quickly followed by the immediate realisation that now you have to find a job).

Those of you that are well prepared/well lucky will already have secured either an internship with an eye to staying on or a place on an elusive graduate scheme. For those of you that haven’t got either – don’t panic. Here’s why…

Something really interesting is happening in the social media end of public relations at the moment (and it’s not me blogging more regularly, but that’s pretty good too): agencies and consultancies are recruiting in huge surges.

While in the slightly less-evolved (not a criticism, but an opinion) areas of public relations, agencies are laying people off and freezing recruitment, social media appears to be on the rise.

There are a few reasons why I believe that this is happening;

  • As Matt Churchill pointed out in an interview on Adam Lewis’ blog, social media isn’t even a toddler yet. Those brands that got involved early doors are reaping the rewards, and as this happens successful case studies are built and more brands make the jump. More business means more money and more capacity.
  • (I’m not advocating that this is a long term model for social media, but it’s its current model.) Social media is often cheaper than a traditional public relations campaign. Of course it can be more expensive, but as I wrote a few months back on the Wolfstar blog, a bottleneck of agencies fighting for a small pool of good clients means one of two things; a handful of agencies win all the clients or social media becomes cheaper through basic supply and demand. The later has happened, but I think that as the industry matures and difference in quality between agencies becomes more apparent, meritocracy and fees will align.
  • Young PRO’s with an interest in social media are perceived to be more immediately au fait with how different networks and methods operate (see define: digital native). That isn’t to say that if you’re over thirty your rubbish, but at the social media end of PR it’s increasingly common to see younger PRO’s given a chance. Plus, if you establish a voice in the space in your final year of study then you’re in a much better place to be cherry-picked than a student who still balks at Twitter and doesn’t know their Spotify from their Dopplr (that sounds filthy, I know).

With these three things in mind, new graduates should remain calm and collected. The agencies that practice social media are looking for fresh meat every day, make sure you’re in the butchers window. Or something a bit cooler. Ok, scrap that, but don’t worry.

  • Hi Jed,

    Afraid I have to disagree with you here, fella.

    Yes, a lot of agencies are expanding on the social media front, but unless it's a specified intern position, most are looking for history and experience. They're also looking for quantified results and strategies that you've helped clients with.

    A lot of this won't be applicable to new interns or graduates, purely from the standpoint that they have no work experience. This isn't the graduate's fault, obviously, but saying that there are plenty jobs available isn't completely correct.

    Social media is actually pretty expensive - just because you're not using the "traditional methods" doesn't mean you're suddenly cutting all costs.

    To have a proper, full-on social media strategy for a 6-month period is probably going to cost you anywhere between $50,000 to $150,000 (possibly more). There's a lot more time behind the scenes that you need to take into consideration - just because it's more virtual than physical work doesn't mean the outlay is less.

    Strangely enough, the average age of the Twitter user is mid-thirties - a lot of the Gen Y population are bypassing it. Businesses are noticing this, and again this is why many are looking for experience and results when hiring.

    You're correct in that social media is opening up new avenues, but I'd be wary of telling your readers not to worry. There's no golden egg yet.
  • Jed you make a good point that social media is a growing area but it is still incredibly small in comparison to any mainstream marketing disciplines and therefore to the overall job market. Social media will need to show ROI to the client and for many at the moment it's still an interesting concept that businesses are trying but it hasn't got the empirical evidence to prove it works for everyone. One of the biggest pulls for most clients at the moment is that it is cheap - however, you often get what you pay for...

    Good luck to all new graduates looking for challenging and interesting first step on the career ladder
  • @THEAmanda for you… http://bit.ly/IlAsu


    This comment was originally posted on Twitter

  • CHEEKYRT @EdelmanHR: @jedhallam’s advice to PR Grads in a recession: “make sure you’re in the butcher’s window” (http://bit.ly/IlAsu)


    This comment was originally posted on Twitter

  • PR Graduates in a Recession http://tinyurl.com/dyoxpm


    This comment was originally posted on Twitter

  • After reading a few panicy posts from new grads, I thought I’d tell them not to worry (http://bit.ly/IlAsu) – PR Graduates in a Recession…


    This comment was originally posted on Twitter

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