Key Points
Amid concerns around the job market and layoffs, 60% of students surveyed in the Unstop 2024 Talent Report chose job security over pay hikes; 53% said their biggest fear was the inability to find a job in their preferred field...
Meanwhile, the gender pay disparity is alive and kicking, found the annual report by the talent discovery, engagement and hiring platform for students and graduates..
The report shared insights and trends about the hiring and talent scenario in India, revealing that 81% of HR professionals agreed that their organisations are actively hiring. 88% of HR practitioners expressed a strong preference for skill-based hiring, prioritising candidates' abilities over other factors such as experience, academics, references, internships, and projects...
While 91% of students believe their college curricula offer an adequate level of preparedness for a job, 66% of recruiters and 42% of university partners feel the skill gap and lack of preparation, respectively, are major challenges in campus recruitment...
"By highlighting the preferences and concerns of students and HR professionals, we aim to bridge the gap between talent supply and demand, enabling more informed decision-making and fostering a more efficient and effective hiring process," said Ankit Aggarwal, Founder and CEO of Unstop in a statement..
