This is a funny situation for countries to be in. Recruiters world over, especially in India crib profusely about lack of fit between the talent pool coming into the job market versus what the employers need. One thought the situation was being addressed since this mismatch debate has been on for more than a decade. It appears the gulf is widening in all markets.
The interesting element of this survey is the students’ perception. So long, we have heard only side of the story, that of the businesses. It is time now for firms to sit up and take note of what job-ready or those already in the job market feel. Excerpts of the survey:
- Significant percentages are aware that their degree and their skill-set are hardly a ticket to a meaningful career.
- Among the 2011-2012 graduates, 67 percent looked to on the job training to deepen their skills, and 51 percent expected their employers to provide formal enterprise learning opportunities.
- Only 48 percent of 2011-2012 graduates reported that they actually received training on their first job.
Possible Solutions
- Employers have overblown expectations of the skills of new hires
- Don’t bemoan, set up enterprise learning strategies proactively
- Reconnect work with workforce • Hire based on potential skill requirement, not merely on current skills
- Deepen firms’ involvement with educational institutions to improve the fit between graduates’ skills and the jobs available
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