“We don't want to hire you……..”
“As you are an MBA, we fear you may not remain in this job for a long period. If you get a better job than this, you will surely switch. We incur heavy expenses in training each candidate joining us. So it will become a loss of expenses that we may incur by training you, if you do not remain in this job for long. ….Sorry gentleman…”
And, I completed my fourth interview. This time it was a construction firm for the post of marketing executive. The only drawback for me is that “I am an MBA.” It is the same story with the three earlier interviews. In these recessionary times, companies are cautious in recruiting candidates. As every company is trying to reduce its training expenses, selection becomes strict.
After completing MBA in a B-grade business school, I joined a retail organisation where I was in charge of the stores. As it was an off-role position and the salary was very less (below Rs.6,500!), I decided to quit after seven months. Otherwise, I can't start repaying my education loans. Every month I need to pay a particular amount, which is more than what I got as salary from that job.
Even small companies are taking advantage of MBAs in difficult times such as now. They get people like us for less salary.
I attended one interview in an advertising agency in Kerala. It liked my profile and offered me a job but there was a condition — in the first two months it would pay only Rs.2,500 (the agency called it training period) and, after two months, Rs.7,000.It was avoiding the risk of hiring an MBA! Even if I quit that company after two months, it would have made me work for more than what it offered.
An excellent strategy. This is the situation faced by most of the MBAs coming from B-Grade and C-grade B-schools. This is not because we are poor in logical reasoning or decision-making, or lacking in leadership. It is because we don't have a brand name with us like IIM or ISB.