29 Apr Challenges faced by Companies while searching for Candidates

In this blog, we can discuss Challenges faced by Companies while searching for Candidates

Hiring Process of Company and Constriction for Freshers: 

Let’s Interpret this Model 

Being a start-up company, there is a need to recruit freshers every year. We need to hire 6 candidates. 

Skills Needed by Employers:-  

Ø Should possess knowledge of the latest technologies. 

Ø Should have at least basic certifications. 

Ø Should have industrial projects experience. 

Ø Excellent communication and presentation skills. 

Ø Adaptable to the industry. 

Ø Willing to learn and implement. 

 Interview Process to Recruit 6 Knowledgeable Freshers:- 

As a start-up firm, we always require an employee to be aware of multiple technologies along with good knowledge in at least one of them. In the event of hunting a potential candidate, a firm interviewed around 20 candidates in a batch, however, only 1 got selected. Hence to reach a target of 6 candidates more number of batches had to be interviewed. Following 4 days of the selection process, successfully the company recruited 6 candidates. Besides, a panel consisting of 4 experts remain engaged for all 4 days. 

Time and Cost Involved in Hiring Process 

Ø Interview panel experts: 4  

Ø Invested time: 4 days 

Investments By a Company Post Recruitment 

Ø 3 mentors assigned for a team of 2 candidates. (Cost to company) 

Ø Provided 3 to 6 months training along with industry experience. (Cost to company) 

 Ultimately, 3 to 6 months later, as per candidate capability, he/she becomes an asset for the company. This is the prime reason for candidates being paid less at recruitment. 

Why 95% of B. Tech graduates couldn’t clear industrial interviews. Here the reasons are listed after analyzing through the interview process: 

Academic Qualification Required: 

Ø Below average scores or backlogs come under the unqualified list for job openings. 

Technology Awareness: 

Ø Candidates do not possess much knowledge about the latest technologies, thereby not knowing the direction to work upon. 

Ø Due to deprivation of guidance some are not able to pursue the right way despite being aware of technologies. They become prey for training centers to get a job immediately after course completion. 

Job Pressure After Course Completion: 

Ø Unable to spot the right interest and guidance about the industrial standards during career-shaping. This gives rise to choosing inappropriate technology and job. Also, it paves the way to a long term loss. Additionally, candidates lack certifications and industrial projects experience. 

Rush to Search Jobs: 

Ø Students focus on job search, rather than enhancing skills. Out of this pressure, put in lots of money in training institutes to cope up with the competition in the job market. They still don’t get the right option. 

Lack of Interpersonal Skills: 

ØMany lack skills such as communication, presentation, leadership, decision making, team-work, and presence of mind. 

Ø Resume preparation is another major issue that comes up due to the lack of such skills. 

Unaware of Industrial Standards: 

Ø Candidates are at times unaware of the adaptability needed to work in industries. Therefore, it depicts them as an inappropriate candidate. 

We need to find solutions to the above-mentioned bottlenecks to guide upcoming youngsters to mold their careers with a clear vision over the best technologies available and their market. 

Area of Concern: Here are some reports listed according to leading sources 

It says “We are lagging because lack of technical, cognitive and interpersonal skills required to find a white-collar job” just book knowledge is not enough, one also needs to be updated as per the industry standard. 

Ø https://www.thehindu.com/education/careers/only-17-of-them-fit-into-new-age-jobs/article26651690.ece 

 https://www.thehindu.com/education/careers/only-17-of-them-fit-into-new-age-jobs/article26651690.ece 

 https://www.rediff.com/getahead/report/why-80-indian-engineers-are-unemployable/20190506.htm 

Above mentioned are a few sample headlines gathered from recent events 

“It prompts us to look for a solution model, and to improve all the area where our students are lagging”. 

Solution Model: 

Last Semester Professional Training: 

Overlapping Period: It can be during the final semester or any designated period as per the college or university and students. During this period the company offers both interpersonal skills development as well as technical mentorship to selected students. 

Advantages of Professional Training in Overlapping Period: 

Industrial Mentorship before Completing Studies: 

It benefits students to a great extent because, by the time they finish their technical courses, they are ready as per the industry standards. 

Time and Cost Efficient: 

Getting proper guidance when the students require, saves a lot of time. They would be aware of the area to work up-on and the required mentorship. With this plan, a candidate works better and saves time as well as cost. 

No Rush for Job Search and Avoid Falling for Job Scams: 

There is no need to rush for jobs soon after completing the course. They would have enough time to think about and mold their career in the long run. Candidates would get to choose the best courses for their further upgrading with great guidance and good knowledge of how the industry functions. 

Development of Technical Expertise: 

Candidates will know emerging technologies. Hence with good exposure to the industry offered by the company, candidates on training would be able to select their jobs according to their interests. 

Better Pay Scale: 

Since the candidate is already ready as per the industry standards, hiring companies won’t have to spend more time on training and grooming, thereby allowing the candidates to get a better pay scale. 

Development of Interpersonal Skills: 

Candidates would be able to express their interpersonal skills in interviews, professional meetings, and other engagements in the best way. This adds more advantages to their performance and future opportunities. 

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