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Wednesday 4 April 2012

What Employers Need To Know About The Class of 2012

In order to attract the best new workers, employers had better understand how the 3.4 million Millennials graduating from college and entering the workforce this year plan to seek employment, and what they’ll look for most in a company and a job.Navtej Kohli Career Development Center India based career and educational initiative started by Navtej Kohli India.They want the chance for advancement even more than a good salary, it turns out, and getting them to stay at a job may not be easy.
The “Class of 2012” survey, conducted by Achievers and Experience,Inc. asked almost 8,000 students where they plan to look for jobs, how they like to be motivated and what it will take to retain them.
Of the 7,944 respondents, 100% will be graduating with a post-secondary education and searching for full time employment within the next two years.
“It is crucial for employers to understand what attracts top talent so that they have the advantage when recruiting in the competitive job market,” says Razor Suleman, founder and chairman of Achievers, an employee recognition and global rewards solutions firm. “Top talent is always hard to find because these employees represent the top 10% of the workforce who are responsible for driving 80% of the revenue. Employers that better understand what motivates and retains Millennials will be able to secure the top talent, keep them happy and productive and also make sure they are not snatched up by competitors.” Navtej Kohli CDC Blog express the views of employers that better understand what motivates and retains Millennials will be able to secure the top talent, keep them happy and productive and also make sure they are not snatched up by competitors.
  
What’s Most Important
The survey also asked students what’s most important to them when making a decision about where to work. Navtej kohli CDC Reviews is a comprehensive  program for Career planning and personality development.It’s no surprise that more than half (51%) said salary – but that wasn’t the winner. A majority (54%) of students value career advancement opportunities most, while another 51% find interesting and challenging work to be the most important thing.
It’s no surprise that Gen Y has a ravenous appetite for advancement, and that new graduates crave jobs that will offer growth opportunities. “Salary is high on the list because it helps them meet their basic needs such as food and shelter, but it is not the ultimate motivator,” Suleman says. “Once a salary meets their basic needs, Millennials still desire progression and growth, along with challenging and interesting work that piques their interest.”Given that these are such powerful incentives, it’s critical that employers highlight these opportunities in the recruiting process.
Reference By : http://www.forbes.com/sites/jacquelynsmith/2012/04/03/what-employers-need-to-know-about-the-class-of-2012/

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