Published by Gbaf News
Posted on July 18, 2018
5 min readLast updated: January 21, 2026
Add as preferred source on Google
When searching for new employees, business owners face the dilemma of investing in the future with a graduate or playing it safe with an experienced candidate. In terms of salary, the difference is an obvious factor, but what other considerations should an employer take when upping their headcount.
SmallBusinessPrices.co.uk have researched 5 key job sectors including accountancy, technology, retail, advertising and legal to look at the often overlooked aspects of recruitment.
Getting Up to Speed
An employee with less experience means inevitably more time and resource devoted to training, but which sectors reach optimum productivity quickest?
Job Expectancy
The length of time someone is expected to stay in the job is a crucial factor. But how does it compare across different sectors and experience levels?
With an average starting salary of £24k, the graduate option seems obvious from a financial perspective. But with these candidates likely to spend nearly 2.5 years less in the job, experienced employees may offer a business better long-term prospects.
Ian Wright from SmallBusinessPrices.co.uk has stated that
‘Employees can offer so much to companies of any size, but it’s always important to consider the financial impact they have as well. Some business owners would rather train someone from scratch, almost like an investment, but the value of an experienced employee is that they can hit the ground running. While these are fairly obvious assumptions, it’s interesting to see the hard figures and how it varies across different industries.’
So if you’re struggling to decide on a suitable candidate for your business, you can view the full breakdown and see how different key industries contrast here
When searching for new employees, business owners face the dilemma of investing in the future with a graduate or playing it safe with an experienced candidate. In terms of salary, the difference is an obvious factor, but what other considerations should an employer take when upping their headcount.
SmallBusinessPrices.co.uk have researched 5 key job sectors including accountancy, technology, retail, advertising and legal to look at the often overlooked aspects of recruitment.
Getting Up to Speed
An employee with less experience means inevitably more time and resource devoted to training, but which sectors reach optimum productivity quickest?
Job Expectancy
The length of time someone is expected to stay in the job is a crucial factor. But how does it compare across different sectors and experience levels?
With an average starting salary of £24k, the graduate option seems obvious from a financial perspective. But with these candidates likely to spend nearly 2.5 years less in the job, experienced employees may offer a business better long-term prospects.
Ian Wright from SmallBusinessPrices.co.uk has stated that
‘Employees can offer so much to companies of any size, but it’s always important to consider the financial impact they have as well. Some business owners would rather train someone from scratch, almost like an investment, but the value of an experienced employee is that they can hit the ground running. While these are fairly obvious assumptions, it’s interesting to see the hard figures and how it varies across different industries.’
So if you’re struggling to decide on a suitable candidate for your business, you can view the full breakdown and see how different key industries contrast here
Explore more articles in the Business category
