
The Financial Services Authority's (FSA) graduate recruitment scheme has been praised by industry experts.
Scooping the Graduate Selection & Assessment prize at the Association of Graduate Recruiters Awards, the FSA was praised for its "thorough and confident approach", as well as emphasis on quality throughout the process.
Website onrec.com reported that the FSA's innovative graduate recruitment process involved filming candidates using remote cameras and also makes use of an occupational psychology partner.
The FSA's grad scheme is currently heavily oversubscribed, making selecting the best candidates key. The award-winning process involves a structured competency-based telephone interview, interactive exercises, a psychometric test and interview.
During the group exercise session, the candidates are monitored remotely instead of by facilitators in the room.
Hannah Longden, who is responsible for graduate recruiting and marketing at the FSA, explained to the website: "We took this unusual approach because we wanted to see how candidates behaved without the distraction of an assessor.
"Before adopting this approach we undertook research which showed that assessors found it useful in being able to spot more behaviours and also to view the recording again at a later stage.
"Candidates also welcomed the videoing approach saying they behaved more naturally with cameras instead of a person."
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