Placement Year Details
- Job Title: Trading Assistant
- Start Date: 2010
- Length: Placement Year (10 Months+)
- Location: Luton,
Greater London - Salary: £14,000 - £15,999
- Roles: Travel and Tourism
- Reviewer’s Course: Management Sciences BSc
- Reviewer’s University: Loughborough University
- Review Date:
TUI UK
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Review 29/36 for TUI UK
Company Sectors
Job Title: Trading Assistant
Overall Rated 8.1
★★★★★★★★☆☆
The Role
- Role Description
> To carry out the trading activity for a geographical area that maximises profit and meets the needs for customers.
> To understand the strategy for each area and ensure it is successfully implemented.
Monitor and manage each season on sale responding to changes in market conditions and ensure our trading activities support business requirements
> Work with manager to use YMS and maximise the benefits of its investment.
> Yield management.- 1. To what extent did you enjoy your work placement or internship?
-
Rough around the edges (much like the tourism industry as a whole) and requiring more support from HR in terms of finance if it's to compete with more established schemes. Fortunately, the scheme is going in the right direction and has eventually rid itself of its "work-in-progress" reputation. All-in-all a decent placement scheme that I got a great deal out of. I have absolutely no regrets taking on a role at TUI and hope to return if the chance arises.
- 2. To what extent did you feel valued by your colleagues?
-
Treated like you are no different from permanent staff. Support from peers in terms of the job itself as well as a welcome social atmosphere is brilliant.
- 3. To what extent were you given support and guidance by management/your supervisor(s)?
-
I experienced 3 different managers due to inevitable structural changes throughout the year. Despite these changes, I felt each manager provided brilliant support and guidance which helped me develop my skills in the job.
- 4. How busy were you on a daily basis?
-
With obvious seasonal peaks in the tourism industry, there was bound to be periods with less and more work. A heads up to late traders who'll arrive at our busiest time - mid summer! Stick it out as you'll get better with experience and winter is much more relaxed.
- 5. How much responsibility were you given during your placement?
-
Trading responsibilities for whole regions. Be aware of how important the decisions you make can be - you directly influence profit and revenue for a whole season.
- 6. To what extent did/will the skills you developed, and training you received, assist you in your degree studies and beyond?
-
> Very relevant to my course and modules undertaking in final year.
> Transferable skills for a wide range of graduate job roles.
> Working environment the perfect balance between professional and welcoming.
The Organisation
- 7. What was the general atmosphere in your office?
-
> A good professional / relaxing atmosphere mix
- 8. How well organised was the overall work placement or internship set up?
-
> Very poor at informing candidates whether they will be offered the job.
Most placements were treated very unprofessionally in the run up to actually being offered the job.
> Uninformed of the actual job role until the last minute and allocation to role based on ability rather than preference (Worked out perfect for me but not others).
> Not enough time with teams during induction.
> Good organization shown through the staff who volunteered to arrange activities for us (e.g. visits to the hangar) - 9. In terms of personal training and development, to what extent did the company or firm invest in you?
-
> Great T&D sessions to get involved in.
> Not a great deal specifically for the placement scheme itself but more than adequate training opportunities were available for us. - 10. What were the perks on your work placement?
-
- Subsidised Canteen
- Sports and Social Club
- National Travel
- International Travel
- Company Parties/Events
- Staff Sales/Staff Shop
- 11. How appealing are future employment prospects within the organisation?
-
Grad scheme looks very good indeed but extremely competitive.
No evidence yet that the placement scheme is a "fast-track" onto this. Definately helps put you in the running though!
Other Information
- 12. Was there a good social scene amongst any fellow placement students/colleagues?
-
Most of us had our own lives on weekends.
Majority of us ate together at lunch every day and have had many memorable nights out together!!
Will definately stay in contact with those who got involved. - 13. What was the cost of living and socialising in the area you worked in?
-
Cheapest town that's so close to London.
Only issue - Taxis are a rip off round here! Avoid and take buses. - 14. What was the Nightlife like in the area you worked?
-
Luton is what you make of it!!
Had some awesome nights out here and the glitz & glam of London & St Albans are quite simply overated! - 15. Were there many opportunities to get involved in activities outside of work?
-
Yes - plenty of sports teams dotted around Luton. Great parks for jogging and cheap gyms.
Other than sport, I didnt try anything but I'm sure there's plently of clubs out here considering the mix of people in Luton. - In addition to these questions, is there any extra information you would like to leave about your experiences on your work placement that other students may be interested in?
-
N/a
Review 29/36 for TUI UK
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