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Changing jobs the new fad

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HIGH CHURN: Interviews in progress at a job fair.
HIGH CHURN: Interviews in progress at a job fair.

For young graduates from the country's best engineering schools, it is not job consistency but a handsome salary package that matter more and the expectations this year are for a remuneration as high as over Rs. 9 lakhs per annum, according to a PTI report.Interestingly, 56 per cent of graduates from the country's top 130 engineering institutes plan to leave their first job in a maximum of three years. "Before embarking on their career, 56 per cent of the engineering graduates plan to change their first job in three years, probably in search of better career opportunities," said Prasenjit Das, Associate Director, AC Neilsen.The survey `Campus Track T-Schools '08' conducted by AC Nielsen and covering 3,800 students studied the attitudes of next year's graduating students towards recruiting companies and the factor they use to evaluate prospective employers. For a majority of the students, technical soundness, salary and opportunities to work in the growing sector are the top three factors they consider while choosing a job. "This generation is eager to explore opportunities by changing jobs and hence presenting greater challenge for employers in terms of talent development," said Das. Flexibility in terms of work profile is also considered a major aspect by about 70 per cent of students. "The youngsters now want to achieve things quickly and growth prospects and job content continue to be important parameters for selection," Mr. Das said. Eyeing better career opportunities, about 71 per cent of technical graduates intend to do an MBA, with the trend most obvious among students of the IITs. "This year the remuneration expected from 'Dream Company'is alightly above Rs. 9 lakhs, a 50 per cent rise compared to last year," said Mr. Das.


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