As part of my campus recruitment effort for one of our largest clients in BPO vertical, I evaluated more than 5000 student candidates in Delhi, Hyderabad, Chennai and Bangalore over a two month period. The poor performance of large number of students was very disappointing. A little bit of googling helped me understand that what I had experienced is called “unemployability” and the extent of it.
To understand the gravity of the issue, let me present some facts. The total number of people interviewed to the people who were offered in current context is 100:8. This ratio is actually very alarming because it has direct impact on company’s effectiveness in terms of predictability of getting right talent at right time. Also management’s time is spent on people who wouldn’t be good enough to be hired and pushing up the cost of recruitment. More alarming is the same ratio we observed during campus recruitment drives. It was 100:2.3!! This poor hiring ratio increases the cost of hiring, making campus recruitment unviable.
Campus recruitment is essentially a market place where companies and students meet to exchange skill for remuneration. Prohibitively high cost of campus recruitment is destroying this market place. Flourishing market is key to a nation’s success and thus it is in our interest to ensure the hiring funnel is brought to optimum levels and companies don’t find hiring at colleges prohibitively expensive. This would ensure campus market grows and spreads prosperity throughout nation.
Discerning Unemployability: Unemployability isn’t inability of a person to find a job but inability to find a job that is commensurate to one’s qualification for reasons such as found unfit by potential employers. Critic in the reputed magazine, The Economist believe that there isn’t anything called unemployability, there only exist low productivity among the educated but semiskilled.
I did a survey to find what people thought about unemployability and its causes. The results are like this:
Purpose of asking this question was to see if people have experienced this issues in their lives and whether they would also agree that the problem is grave.
There are several stakeholders who could contribute to eradication of this social evil however this question helps us answer who should lead the movement, clearly Colleges.
Government has taken several steps to improve the quality of teaching in colleges. Raise in minimum salary for professors, other training programs for teachers is clearly a step in the right direction. This perhaps shows in this graph, where some people find lecturer quality to be not the major issue.
Perhaps the issue dealt in movie 3 Idiot isn’t the gravest issues afterall!!
Looks like examination as a sole method of measuring performance of a student isn’t contributing to the issue.
I need your help in understanding this graph, so please use the comments section!
Clearly, communication is a major area to be addressed. Thankfully several government agencies and NGOs are working in this direction. I would like to specially present the success achieved by JKC, Jawahar Knowledge Center. Folks here have done great job in addressing communication skill issues and computer literacy among government college students. The dedication shown by these people, has certainly helped AP Government make one step towards solving unemployability issues. If you desire to read more about JKC then click on this: JKC
Thankfully everyone feels passionate about the issue and many are even ready to contribute time towards resolving the issue. This pie chart really motivates me to take some steps towards solving such an issue. As a next step, I would study work done by various stake holders in resolving this issue and understand what critical step is missing. In the meanwhile if you desire to participate in the survey that helped us collate this information, then please do so by clicking here.
I wrote second part of this blog, here is the link: http://bit.ly/12QnKKE