Thursday, 20 March 2014

98% engineering graduates open to jobs in SMEs- survey by TMI Group

98% engineering graduates open to jobs in SMEs- survey by TMI Group
  
New Delhi, 20 March 2014: Engineering graduates in Hyderabad are open to taking up jobs in Small and Medium Enterprises (SMEs), according to survey findings of the TMI Group, a leading HR and recruitment services firm. 98.4% of engineering graduates surveyed are willing to work in the SME sector. This trend is welcoming in the backdrop of growing dearth of talent in the sector. The survey also reveals some interesting facts about factors guiding the job decisions of the graduates.



90.8% of the respondents said that they believe SMEs are good places to work. They said that in SMEs, employees have work-life balance, make friendly work-culture and grow fast in their careers.

53.96% respondents said that large companies are good places to work. They believe that large companies provide better benefits, structured growth opportunities and professional work culture.

44.8% feel that both large companies and SMEs are good options and come with their pros and cons. Surprisingly, 46% of respondents think that large companies are not good workplaces. Unhealthy competition, lack of job security and long working hours are the reasons why they believe so.


Sharing perspective on the survey findings, T. Muralidharan, Executive Chairman, TMI Group said “The findings come as a relief given the number of engineering graduates adding to the pool of jobseekers every year and recruitment in large companies falling drastically. This is the right time for SMEs to highlight the advantages of working with the SME sector and benefits they provide to their employees, and grab their due share of talent, finally putting an end to their talent woes.”