Salary dissatisfaction is common across workforce generations and over half of all the employees feel dissatisfied with their salary, says a survey.
A study by TimesJobs reveals that 55 per cent Gen Y (those born during the 1980s and early 1990s) and 53 per cent Gen Z (those typically born after 1995 or 1996) employees were disappointed with their first drawn salaries.
"This disappointment with salaries is due to many factors - the lack of a proper benchmark tool is one of the reasons which is not readily acknowledged," Vikas Deep Verma, Head of Product & Marketing, TimesJobs said.
While salary may not be the only thing a job-seeker values while making a career choice it is certainly a critical driver.
Around 45 per cent Gen Y and 58 per cent Gen Z stuck to their first jobs for 2-3 years and when they left they opted out for better package.
This study was conducted by TimesJobs with inputs from over 1,000 working professionals across India.
The TimesJobs study based on the first job journey of Gen Z and Gen Y workforce also reveals that Gen Z are quicker start in getting their first jobs in comparison to Gen Y.
Nearly 46 per cent Gen Y workers applied to 5-10 jobs before finally getting hired and 52 per cent Gen Z workers applied to 10-15 jobs before ultimately accepting a job offer.
Another interesting insight is that Gen Z professionals are more aware of their market worth as 58 per cent of them were able to negotiate their salaries before accepting the final job offer. This is a steep increase when compared to 40 per cent of Gen Y'ers who were able to do the same, the study said.
Among the host of soft skills that recruiters desire to see
in a resume, the top three are communication skills, leadership skills and teamwork. Here are the multiple choices of their preferences -
- 33% of recruiters feel communication skills are crucial
- 30% of recruiters look for leadership skills
- 26% of recruiters consider teamwork and collaboration
Skills as pivotal
- 22% of recruiters focus on analytical skills
- 20% of recruiters give more weightage to adaptability, and
- 17% of recruiters say planning and strategic thinking
Skills are important
The resume is the first point of contact between a candidate and an employer - and making this first impression a good one is critical in getting ahead in one's career. This study by TimesJobs serves as a guide to reveal those skills that can give candidates the competitive edge needed to rapidly enhance their careers.
About TimesJobs:
TimesJobs, a flagship business of Times Business Solutions (TBS), is a platform to help competent professionals enhance their career growth. With over 25 million registered jobseekers across the board and more than 60 million page views every month, it is the most preferred career portal among ambitious and talented professionals who want to make smarter career decisions that accelerate their career progression.
TimesJobs is leading in the recruitment and employment space with its pioneering and dynamic divisions because it successfully meets all the needs of the jobseekers. Its major platforms include:
- TechGig: [https://www.Techgig.Com/home ] India's biggest
Dais for tech professionals to help them Learn, Showcase
And Compete in the IT industry.
- JobBuzz: [http://jobbuzz.Timesjobs.Com ] A well-known
Portal that provides information and insights about
Different companies, job profiles and interview
Processes.
- StepAhead: [http://stepahead.Timesjobs.Com ] StepAhead
Offers Professional Resume writing and distribution
Services, career astrology and resume improvement to
Help jobseekers accelerate their career.
Also, TimesJobs [http://www.Timesjobs.Com ] has the largest collection of jobs in the market, which ensures that whenever and wherever there is a great opportunity; jobseekers will discover it on the platform.
In the recruitment market as well, being the biggest platform for competent professionals who think of their careers first, TimesJobs has become the destination of choice for recruiters who seek to engage with the right talent.
Media Contact:
Aseem Seth
Head of Corporate Communications
Times Business Solutions - A Division of Times Internet Ltd.
Email: aseem.Seth@timesgroup.Com
Twitter: @aseems [https://twitter.Com/aseems ]
Tel: +91-120-663-6338, +91-99102-73367 Source: TimesJobs.
