HOW TO STOP FRUSTRATION OF JOB LOOSERS
Everyday we are receiving bad
news on increased unemployment in our country. The official version is that
The uncertain future awaits
fresh graduates in IT, sectors mainly. The automobile sector has also stopped
taking fresh graduates. The Steel industry, The cement sector have not also
recruited any more. I checked up with a HR executive of Microsoft, based in
The frustration of Job seekers
have gone so high that some of the boys have raised their voice in protest
against recruitment of cricketers by industrialists and by film stars turned businessmen with very high salary involving foreign exchanges. In
Some of our friends discussed
the matter and evolved a consensus that
may be worth mentioning. I did receive a suggestion from a friend of
mine. It is a fantastic suggestion. All the companies who had taken campus
recruitment program and had already issued appointment letters should sponsor
the candidates to a post graduate course as they have not been able to provide
them the jobs so far.. The companies can negotiate with a few technological
universities in each region to impart one year's technological and business
oriented course and train those appointees. This could be equivalent to one
years post graduate course in line with the Sloan
The course content can be similar to the MIT's program and can be called Master
of Techno-management. This could be achieved through payments of half the
salary which the corporate promised to students in campus interview. This
program would save the money for the company, but prepare the appointees to
accept greater social challenge in future. The boys would have fulfillment of
acquiring knowledge instead of frustration and of course a degree, at somebody
else expenses.
Software giant Cisco was the first to show the way in 2001, after the tech bubble burst. The company allowed employees to take sabbaticals while they were paid one-third their salary. During that time, they received employee benefits, and access to training and continuing education. If jobs opened up, these employees enjoyed preference. Thus Cisco saved money, talent and - more importantly - its reputation as an employer of choice. So, Cisco is now world’s most preferred company to work with.
Our society has also a role to play. During the time of such economic depression rich people needs to stop showing off high spending, throwing lavish parties and vulgar display of wealth. The Government needs to take up construction projects, Road buildings and sponsor specialized training courses for a year in local MBA institutes for qualified personal that got job but could not join. It would be small money compared to reputation they might earn by sponsoring educated unemployment.
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