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Over 1/3 of engineering graduates worried about placements: BridgeLabz solution LLP survey

June 16, 2020

Committed to expanding the employability of India’s tech pool through its niche programs and boot camps, BridgeLabz solution LLP has now surveyed engineering graduates on its platform vis-a-vis job placement. The latest online survey conducted by India’s largest IP-driven incubation lab comprised a sample size of close to 1000 candidates (including 60 percent boys and 40 percent girls) hailing from different engineering disciplines. It has revealed some of the major concerns of the job seekers today.

The BridgeLabz solution LLP survey findings reinstate the need to address the skill gap by making engineers ‘job ready’ in our post-pandemic world. 76 percent of the respondents admitted having an active placement cell in their colleges while the rest claimed otherwise. It is noteworthy that although a majority of students admitted to having active placement cells, only a little more than one-fifth of respondents at 24 percent have been able to receive a job through them. While a major chunk of students are devoid of any job offers. This implies that a whopping 78.64 percent of students do not currently have any job in hand.

According to the BridgeLabz solution LLP survey, 35.48 percent of engineering job seekers are worried about timely placements. This temporary inaccessibility has added to the woes of fresh engineering graduates seeking opportunities in this space in timely securing a position. Their apprehensions revolve around numerous issues ranging from the desired pay package to the source of the job offer. It is worth highlighting that only 26.96 percent of respondents are confident of getting placed with a desired pay package against their existing skill set. The figures reveal the significance of a stronger skill set backed with experiential learning to boost confidence among job seekers.

Narayan Mahadevan, CEO, BridgeLabz said, “The BridgeLabz solution LLP survey has brought to fore many thought points. Firstly, not all engineering candidates have the provision of campus placement in their colleges. Secondly, even access to such provisions could not guarantee a job. This could be especially due to the unprecedented pause in hiring processes led by the current economic slowdown. Last but not least, there is no confidence among the job seekers if they will get a job with the desired remunerations shortly.”

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