demand for fresh engineering talent

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DEMAND FOR FRESH ENGINNERING TALENT IN INDIA BY K KRISHNA MANOHAR RECRUITMENT EXECUTIVE 7386737820

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Page 1: DEMAND FOR FRESH ENGINEERING TALENT

DEMAND FOR FRESH ENGINNERING

TALENT IN INDIABY

K KRISHNA MANOHARRECRUITMENT EXECUTIVE

7386737820

Page 2: DEMAND FOR FRESH ENGINEERING TALENT

THESE ARE HARD TIMES FOR ENGINEERING GRADUATES.

1.5 Million Engineering Pass Outs In India Every Year, Fewer Getting Hired.

Opting for a degree in engineering would be a wise career move in India.

20-33% out of the 1.5 million engineering graduates passing out every year run the risk of not getting a job at all.

Entry-level salary is pathetically low.

“Several engineers end up working as sales executives, so there is no link between what they studied and what they do.”The IT, ITES and the manufacturing sector- are also hiring a lesser number of them than before..The IT industry in India, which grew by as much as 30% up till five years back, has slowed down to a 10.2% growth rate at present. The demand for qualified professionals in the field has understandably gone down too.

Page 3: DEMAND FOR FRESH ENGINEERING TALENT

KEY CHALLENGES FACED BY COMPANIESAccording to experts, companies are adopting a cautious approach to campus

hiring. "The fact that companies will have to spend a considerable amount on the training of fresher's is a major concern. Therefore, most companies are very careful about campus hiring and do not wish to go overboard," said V. Suresh, executive vice president and national head of sales, Naukri.com.

KEY CHALLENGES

TO HIRE FRESHER’S

AVG Communication &

Written Skills

High Salary Expectations

High Drop out Ration

NO Analytical Skills

NO Real Time Experience

NO Written Skills

More Graduates Less

OpportunitiesAttitude Problem

Page 4: DEMAND FOR FRESH ENGINEERING TALENT

Fresher hiring has fallen to 20 per cent from about 80 per cent earlier. 56% recruiters said that campus hiring in 2014 will be lower than that in 2013. Recruiters noted that hiring for Engineering students will decline. However,

software companies are upbeat about campus recruitment. instead of hiring fresher's, these organisations might wait for a year and hire

those with a year’s experience, at the same salary structure. Compared to the numbers hired, there is abundant talent in fields such as

engineering. Reports suggest 1.1-1.5 million pass out with engineering degrees every year, while industry’s overall intake capacity is only 0.3-0.5 million.

Page 5: DEMAND FOR FRESH ENGINEERING TALENT

Communication Skills -4.7

Honesty/Integrity - 4.7

Teamwork skills - 4.6

Interpersonal skills - 4.5

Motivation/Initiative -4.5

Strong Work ethic- 4.5

Analytical skills - 4.4

Flexibility/Adaptability -4.3

Computer skills -4.1

Organizational skills -4.1

Leadership skills - 4.0

Self-confidence - 4.0

Friendly/Outgoing- 3.9

Creativity- 3.6

Entrepreneurial/Risk taker -3.3

Sense of humor - 3.3

EMPLOYERS RATE THE IMPORTANCE OF CANDIDATE SKILLS

Page 6: DEMAND FOR FRESH ENGINEERING TALENT

BUSINESS OPPORTUNITIES AROUND SKILL DEVELOPMENTSKILL DEVELOPMENT THROUGH TRAINING

Pre-Assessme

nt:

Training Objectives

:Learning outcomes

Guidelines

What do we need to know?Who are we training?

Identify Existing knowledge.Identify the gaps.

MethodsLab Activities

Technical discussionsWorkshops 

Group technical discussionsBehaviour outcomes

Communication skills.

Results/outcome orientedFocused on job-related tasks

Behavioural statementsAttitude Statements

Page 7: DEMAND FOR FRESH ENGINEERING TALENT