Why Big Companies Prefer to Hire Fresh Graduates Instead of Experienced Professionals ?

The only factor that matters is profit. Here are the five reasons to hire a recent graduates over Experienced candidates.

Lowering costs.

This is one of the the first reasons why most of the businesses hire fresh graduates. On a average, fresh graduates price 20-40% less than an experienced Candidates. It is not because they are cheap, there are varied alternative price advantages for hiring graduates. For example: you do not need to pay thousands of dollars in the talent search program. You'll be able to partner with a number of the native universities in your areas, and take advantage of their career centre, which can be over happy to search out out a talent match for you. Otherwise you will participate in Career Fairs of few faculties and interview individuals right there and so. This will also reduce all the travelling and lodging costs,that you would possibly find yourself paying for inviting an experience person for an interview.

Easy to train.

Imagine, if you hire an e experience Candidates, who looks to produce you all the answers that you just need. However have you ever thought-about the price of re-teaching him your culture? Since the person is knowledgeable about, he would be aware of the culture of the last company that he worked for. So, before even teaching him your culture, you wish to form certain that he forgets a number of the aspects of his previous culture, and dwells in along with your existing culture. On the opposite hand, if you hire a fresh graduate then you do not have to be compelled to reteach him something. He can primarily learn everything from the start, and grow along with your company. It's like writing one thing on a empty white board, you'll be able to write something while not rubbing off any previous prints.

A Strong Thirst for Knowledge.

Fresh graduates are typically desperate to learn and intensely determined to prove themselves. once given a task, they tackle it head one and wholeheartedly. They're not afraid to answer queries and obtain answers, as a result of in faculty, they were trained to be receptive learning even on things outside of their experience. Being the same as a "blank canvas," fresh grads will adapt to any company culture quickly, as well as different working styles.

Specialisation.

The Company will take a blank slate and build them a specialist while not having to get all the opposite skills and data that does not apply to their desires. Typically you do not wish somebody with 15 years of expertise and is aware of 8 languages. You simply wish somebody who will build databases that do not crash. It's cheaper to only train somebody on information style and pay them only for that ability instead of a jack of all trades.

A Chance to Engage Future Leaders.

LinkedIn reveals that quite 39 million students and fresh graduates are the professional those are growing faster than ever. These professionals are the future leaders, believe it or not. Good corporations apprehend they have to interact with them too soon so as to secure their position at intervals the corporate as they grow and advance in their careers.

Is Hiring fresh candidates beneficiary ? share your valuable comments below.