Skill-Set Match, Key Criterion For Hiring: Study

by CXOtoday News Desk    Sep 11, 2017

Hiring

If you thought that your expected salary is the strongest reason for a potential employer to either accept or reject your application then you could be wrong. A survey conducted by Frost & Sullivan for OLX has revealed that 66 percent of employers look at skill-match more than anything else as the key quality in a potential employee.

The survey, which was conducted in the first-half of 2017 has revealed the hiring-trends for jobs across ten metro and non-metro cities in India.

“India’s large base of working population is skewed towards the youth. Increasing access to the internet and growing aspirations of the young working population, are creating new opportunities where technology is bridging the gap between job seekers and employers. Our growth in the jobs space is a result of the largest and active localized jobs on the platform, which allows job seekers to explore openings in their vicinity. This serves as a source of employment for job seekers to find opportunities nearby and facilitates employers to hire relevant employees within their region,” said, Amarjit Singh Batra, CEO, OLX India.

Here are the key insights from the survey:

What Employers Want:  While skill-set match is the most sought-after quality, experience, background-check, referral, and location of the candidate are other key factors that employers consider above-expected salary. Employers also prefer applicants who live in the vicinity, 55 percent stating this was an important consideration.

What Job Seekers Are Looking for:60 percent of the job-seekers looking for gray-collar and blue-collar jobs are graduates. More than one-third of these job-seekers are between 26 and 35 years of age.

As per the survey, Internet adoption and usage are high among the job seekers. Three out of four job seekers have access to the Internet, with a whopping 80% of them accessing Internet over their phones.

Employment Agencies: Employment agencies prefer their own database for hiring over any other medium. This is followed by the use of field agents and referrals for recruitment.

Metros versus Non-Metros: The survey also points to some key differences between metros and non-metros when it comes to job trends. Jobs close to one’s home are coveted in metros and become the most important reason for taking interest in a particular job profile, with 26 percent of the respondents claiming so. In non-metros on the other hand, it is the reputation of the company that is the primary motivation for considering a job.

“Matching skill-set and relevant work experience of the potential candidate is the key requisite for the employers of temporary jobs. There is a growing talent pool in the ‘Online’ platform, as about three-fourths of such job-seekers have regular access to the internet and are aware of online job portals,” said, Nandini Kelkar, Research Director, Customer Research Services, Frost & Sullivan.