UNSTOP talent report 2024

unstop talent report 2024

This report analyzes trends and insights related to talent acquisition, campus hiring, and student preferences based on a survey of over 11,000 students, HR professionals, and university partners.

here is the link: unstop talent report

Key Findings:

  1. 81% of companies are hiring, despite some facing freezes, indicating a positive job market.
  2. There is a disconnect between how companies engage students (focus on social media) versus how students prefer to engage (through competitions).
  3. A significant gender pay gap persists, with women in Arts/Science/Commerce commonly getting offers of INR 2-5 LPA while men received INR 6-10 LPA.
  4. 88% of recruiters value skills over academics or experience when evaluating candidates. However, 66% feel curricula need changes to make students more employable.
  5. Top priorities for talent acquisition in 2024 include attracting talent, discovering fit, shortening hiring cycles, and upskilling/reskilling.
  6. 53% of students fear inability to find jobs in preferred fields. Monthly feedback is desired at workplaces.
  7. There is growing need for mentorship, with students keen on alumni and employee guidance when job-hunting.
  8. Hybrid work model is preferred over full remote or office. Most prefer a 40-50 hour work week.
  9. The report ranks “dream companies” and top employer brands across sectors based on student votes.

The key takeaway is bridging gaps between student desires, curricula, hiring processes and fostering open engagement for cohesive, collaborative hiring.