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3% of Indias engineering graduates land high-quality tech jobs
Posted on: 16/Jul/2020 1:51:49 PM
To address the gap between skills needed for high-quality technology jobs and work-readiness of graduates, Scaler (a platform by edtech start-up InterviewBit) has launched a first of its kind college - companion program called Scaler Edge - To boost the employability of engineering students. Additionally, to meet the growing demand for online skilling courses, the company plans to hire 500 more teaching assistants and mentors in this financial year.
Per industry estimates, 15 lakh engineers graduate in India every year out of which only 2.5 lakh students land relevant jobs in technical domains. Out of those roughly 2.2 lakh openings are in software, within which a vast majority (1.8 lakh jobs) are in IT services garnering around only INR 3-5 LPA in remuneration. The lack of industry-ready skills is a significant contributor to the current status of employment across the industry. To address this discrepancy, a 2-year college-companion program designed with input from top CTOs and engineers across tech companies, is being launched by Scaler to help students build industry oriented skill-sets and pursue career tracks of the future.
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