Job security more imp for graduates than pay, benefits: KPMG
The uncertain economic environment has made job security a top priority rather than pay and benefits for graduates across the globe, most of whom are willing to work internationally immediately after studies, says a report.business Updated: Mar 14, 2010 12:46 IST
The uncertain economic environment has made job security a top priority rather than pay and benefits for graduates across the globe, most of whom are willing to work internationally immediately after studies, says a report.
According to the report by global consultancy firm KPMG, more than 75 per cent students consider job security their top priority as a result of the uncertain economic environment.
"The global economic downturn has evidently shifted the way students are thinking about their careers," said KPMG LLP Vice Chairman (Tax) Shaun Kelly.
In addition, over 50 per cent respondents said they would be interested in working internationally immediately after graduation.
"With many recent graduates still seeking jobs, the interest that today's students express in employment overseas for their first job shows that they are open to going wherever the opportunities may be," Kelly added.
The study, claiming to have surveyed over 350 university students in October, found that the global economic downturn is also having an impact on students' views on career options.
About 69 per cent said they are now more likely to study for their master's degree than look for a job immediately after graduation.
Many others (67 per cent) said they were more likely to work for a public or non-profit organisation than a corporate business due to the downturn.