7 Out of 10 Job Seekers Now Prefer Large Corporates
A recent survey by apna.co, India’s leading jobs and professional networking platform, has found that 73% of job seekers now prefer large corporates over startups. The survey, which was conducted with over 10,000 job seekers and 1,000 HR recruiters, also found that only 27% of employees would still consider switching to startups for career growth.
There are a number of reasons why job seekers are now preferring large corporates over startups. One reason is that large corporates offer more stability and security. Startups are often seen as being more risky, as they are more likely to fail. Another reason is that large corporates offer better salaries and benefits. Startups are often unable to offer the same level of compensation as large corporates, as they are still in the early stages of growth. Finally, large corporates offer more opportunities for career growth. Startups are often more limited in terms of the number of positions available, and they may not have the same level of resources as large corporates to invest in employee development.
The survey findings suggest that the startup boom of the past few years may be coming to an end. As the economy becomes more uncertain, job seekers are looking for more stability and security. Large corporates are well-positioned to offer these things, and they are likely to continue to attract the best and brightest talent.
Here are some of the key findings of the survey:
- 73% of job seekers prefer large corporates over startups.
- Only 27% of employees would still consider switching to startups for career growth.
- Large corporates offer more stability and security.
- Large corporates offer better salaries and benefits.
- Large corporates offer more opportunities for career growth.
What does this mean for startups?
The survey findings suggest that startups will need to find new ways to attract and retain top talent. They may need to offer more competitive salaries and benefits, or they may need to find ways to create a more stable and secure work environment. Startups may also need to focus on providing more opportunities for career growth.
What does this mean for job seekers?
Job seekers now have a wider range of options when it comes to choosing a workplace. They can choose between large corporates, which offer stability and security, and startups, which offer the opportunity to be part of something new and exciting. Job seekers should carefully consider their needs and preferences when making a decision about where to work.