Join InsideIIM GOLD
Webinars & Workshops
Compare B-Schools
Free CAT Course
Take Free Mock Tests
Upskill With AltUni
CAT Study Planner
Are they happy with the kind of work they are doing? Do they feel they are being paid enough for their services?
Do they desire a better working environment? We answer these questions and more as a part of our Recruitment Survey.
I)
Compensation
The data suggest that Alumni are actually less satisfied than what they were last year. However, there is a rise in satisfaction as compared to 2015.
Work-Life Balance:
The Work-Life balance figures have risen in favour of the number of Alumni who are not just satisfied, but very satisfied with the number of hours they get outside of work.
When looked at individually, only 12% of them are actually not happy with their jobs as opposed to 65% who are quite happy. This is a motivating figure for those who fear that jobs after an MBA are all work and no play.
Another perspective on this is that perhaps the concept of Work-Life Balance is not a very well understood concept and the statistics indicate that maybe people feel it is ok to work 80 hours a week - something which a lot of MBA graduates do in certain roles.
Growth Prospects:
78% of the respondents (including those with a neutral opinion) are more-or-less happy with the growth prospects that their respective organisations have to offer.
Quality of Work:
While there is a decline in the percentage of Alumni who are unhappy as compared to 2016 and 2015, it is compensated for by a decline in the number of people who are satisfied. There is a rise in the number of people who are Neutral about this. This is a good figure and is consistent with what one can expect after graduating from a top b-school.
Work Environment:
A decline is seen in satisfaction percentage, which is compensated for with a decline in dissatisfaction. However, more people are of a neutral opinion as compared to 2016.
Match Between Expectations And Reality Of Job Profile:
The figures here suggest that most of the respondents got what they expected in terms of their role. Including the neutral perspective, there is a marginal increase in Satisfaction as compared to last year. This suggests that companies are generally communicating well with the b-school alumni by painting a clear picture of the job profile, but there is room for improvement.