Mere 25% of Indian Graduates...
"ARE EMPLOYABLE"... The statement is not coming from me but rather from a senior level executive (Jeffrey Fuller, principal advisor of Human Capital, a consulting arm of Mercer) who says that out of the total graduates only 25% of them are employable. Link to the mint article here
Two possibilities -
1) Perhaps they are not counting all those who are going to IT, ITES & BPOs companies (may be because you don't even need to be a graduate to get a job into some of these companies or these companies have realized this long back that to defend their margins and to keep the salary mix low, they need to hire those who does not really feel that they are employable. So whatever you give them as salary they will be more than happy to accept). May be while defining employability they might have forgot that there are enough BPOs (either around or in the startup pipeline) to employ every man woman and child by 2020 (the 'year' is made up ofcourse by me)
2) The survey which forms the basis of this observation (if there was any) might be conducted by some of those belonging to the other 75% and in order to prove that they are worthy of their jobs, they are coming out with these ridiculous numbers.
See if the first is a possibility then it proves the second point right??
Two possibilities -
1) Perhaps they are not counting all those who are going to IT, ITES & BPOs companies (may be because you don't even need to be a graduate to get a job into some of these companies or these companies have realized this long back that to defend their margins and to keep the salary mix low, they need to hire those who does not really feel that they are employable. So whatever you give them as salary they will be more than happy to accept). May be while defining employability they might have forgot that there are enough BPOs (either around or in the startup pipeline) to employ every man woman and child by 2020 (the 'year' is made up ofcourse by me)
2) The survey which forms the basis of this observation (if there was any) might be conducted by some of those belonging to the other 75% and in order to prove that they are worthy of their jobs, they are coming out with these ridiculous numbers.
See if the first is a possibility then it proves the second point right??
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