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Job Stability Preferred by Indian Youth over Salary; Survey

Published: | October 15, 2019
Job Stability over Salary

A survey was conducted by Oliveboard and it claimed that the Indian youth opts for job stability over salary. Majority of the candidates preferred having a work-life balance rather than a high payroll.

A survey was released on 14th October 2019, Monday, which revealed that the Indian youth opts for banking and government jobs as a result of being driven by the desire of job security and a healthy work-life balance. The survey was formed on the basis of the responses given by 5,000 government and banking job aspirants across the country.

Oliveboard, the online competitive exam preparation space, carried out this survey and found that as much as 44.30 per cent of the total respondents voted for job stability, while the option of a better work-life balance was chosen by 36.70 per cent of the voters. These options received the maximum number of votes as compared to some other popular considerations like a good salary, which was voted for by 11.10 per cent of the respondents. The study also revealed that 79 per cent of all the survey respondents belonged to tier 2 and tier 3 cities.

The co-founder and CEO of Oliveboard, Abhishek Patil, spoke about the survey and said that when speaking about the aspirations of the Indian youth, it is necessary to look beyond the mega cities that are brimming with startups and MNCs (Multi-National Companies). He said that the majority of Indians reside in villages and small towns and public sector jobs are the most sought after in these places. He said that the survey conducted by his organisation sheds light on the motivations and dreams of this section of the society which is ignored often.

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The survey also stated that 23 per cent of the total respondents chose to give a mock test in Hindi instead of English. When asked about the preferred mode of preparation for an exam, 58.70 per cent of the candidates voted for online mock tests, while 44.50 per cent preferred YouTube classes and videos, thus making it the second most chosen option. Traditional coaching institutes were the last choice with only 8.40 per cent candidates opting for it.

The study also said that a majority of the candidates, about 39.40 per cent, prepare for three or more competitive examinations at the same time. It was also declared that access to online coaching classes for competitive exams like the Joint Entrance Exam (JEE Main and JEE Advanced), Banking, the Graduate Aptitude Test in Engineering (GATE), the Staff Selection Commission (SSC) exams, the National Eligibility cum Entrance Test (NEET), etc. have gained greater momentum.

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Gradually, with technology altering our everyday lifestyle, online learning and personalised tools of education are replacing the traditional coaching methods. Social media has become a game-changer that offers easy access to study groups and discussion forums. According to the survey, Telegram groups, WhatsApp groups, and Oliveboard discussion forum are the most popular platforms used by students to interact with educators and peers with an aggregate of 31.50 per cent, 31.50 per cent, and 27.10 per cent respectively.

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