Jobs crisis: The continuing high rate of migration among MBA graduates is worrying. This is particularly the case with entry-level employees recruited from the main premises. This report has been prepared by Deloitte India. According to this, the rate of migration among the newly recruited from the first tier (Tier-1) college campuses across the country is 21 percent. The migration rate among employees who have completed one or two years of employment is 26 percent to 28 percent.
In second class appointments..
And the newly appointed employees in the second-tier and third-tier premises are migrating after serving for one or two years. This rate is also increasing steadily. Deloitte India reported that it was 19 percent at first, then 21 and 25 percent.
With the rethinking of companies..
The report identified the migration as a reason for companies rethinking the way they hire employees, especially MBA graduates. It is said that the high rate of dowry among them is a point to be taken care of. Innovative approaches do not work for long. Nilesh Gupta, Director, Deloitte India, said that it is important to attract skilled workers in a competitive market. This report was prepared by collecting details from 190 organizations and 500 premises
Highlights in the report..
– Four out of every five executives prioritize skills in hiring, pay and incentive decisions. This reduces bias. Transparency is increasing, the report said.
– Gupta said that to succeed in the digital age, educational institutions need to equip students with multi-skills.
– Despite the high migration rate, the demand for MBA graduates from 70 per cent institutions is high, the report said. It is said that this shows the importance of MBA graduates in the business success of the companies. In the last five years, there has been an annual growth of 5.2 percent in their remuneration.
