Job security more important for graduates than pay

The uncertain economic environment has made job security a top priority rather than pay and benefits for graduates across the globe, most of whom are willing to work internationally immediately after studies, says a report.

According to the report by global consultancy firm KPMG, more than 75 per cent students consider job security their top priority as a result of the uncertain economic environment.

"The global economic downturn has evidently shifted the way students are thinking about their careers," said KPMG LLP Vice Chairman (Tax) Shaun Kelly.

In addition, over 50 per cent respondents said they would be interested in working internationally immediately after graduation.

"With many recent graduates still seeking jobs, the interest that today's students express in employment overseas for their first job shows that they are open to going wherever the opportunities may be," Kelly added.

The study, claiming to have surveyed over 350 university students in October, found that the global economic downturn is also having an impact on students' views on career options.

About 69 per cent said they are now more likely to study for their master's degree than look for a job immediately after graduation.

Many others (67 per cent) said they were more likely to work for a public or non-profit organisation than a corporate business due to the downturn.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Copy the characters (respecting upper/lower case) from the image.

FC NEWSLETTER

Stay informed on our latest news!

EDITORIAL OF THE DAY

  • Retail investors need to be drawn to bond trading

    A country requires both a healthy capital market and a liquid debt market for vibrant economic growth. India has had the first for a long time.

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Urs Schöttli

Japan’s living national treasures

While the world is fascinated by the economic “miracles” in ...

Robert Clements

Cherish good times and accept bad ones

Initially, I was angry and confused, I was even repentant…,” ...

Bubbles Sabharwal

Mothers just see things differently; they can’t help it

Before we begin on mothers, I have to share this ...