Are You Employable?
In India, every year approx. 5 million students are produced by the 'Education Factory'. However, each one of them does not make it to the 'Job Market'. Nowadays, workers have become commodities that get produced in a factory and get sold in the 'Market'.
Only 20% of the produced make it to the destination.
Out of the 20% which join the market, 55% of them leave within 6 months to 1 year of their career.
Shocked and surprised at the same time, welcome to the world of attrition!
Attrition exists because of one simple loophole which exist in between the 'Preparation' and 'Hiring System' called “Lack of Employability Skills”.
The transition from Campus to Corporate is never easy because what we know is not what the corporates expect us to know. There is a huge GAP which exists between the two.
We are unemployable at the first place and companies must shell out lakhs of rupees in training us for 2-3 months before we fit in their environment. Soon we release these things were never taught in campuses and we snap at things and decide to resign and move on. Thus, companies faces such high attrition rates at any given time.
What do we mean by Employability Skills?
These are the skills which make you employable. Education just gives you the knowledge of the work that you must do. How to do that work or job is depended on your employable skills. These are nothing but your Soft Skills or your People Skills. Education is important to understand the work, the subject, the job, but how to do that job is something education cannot teach you. It is your job to be able to develop these skills while you are in college and become ready for the future. If only marks could make you successful, then there would be many who would be successful. That is not true. Employability skills are hard to attain because they are SELF DRIVEN, and come with self-motivation.
What are the Employability Skills?
All your Soft skills form part of your employable skills.
What needs to Change to fill this gap?
Think again – “Are you employable?” This gap can only be filled when the Education system starts instilling these skills in their students apart from just focusing on getting great marks.
Because down the line you are remembered for the things that you have done not the marks you have got.