HomeNewsTrends'For every job we advertise, we get 100s of resumes. But... most drop out': Sameeksha Capital founder

'For every job we advertise, we get 100s of resumes. But... most drop out': Sameeksha Capital founder

Founder Bhavin Shah said that during the recruitment process very few job seekers follow the steps diligently to qualify for a job. His take on the current job market struck a chord with other recruiters.

July 15, 2024 / 13:56 IST
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Bhavin Shah, founder and chief information officer of investment firm Sameeksha Capital. (Image credit: Sameeksha Capital)
Bhavin Shah, founder and chief information officer of investment firm Sameeksha Capital. (Image credit: Sameeksha Capital)

Bhavin Shah, the founder of Ahmedabad-based investment company Sameeksha Capital, recently shared a few "hard facts" about unemployment and the current job market in India. He pointed out that although hundreds of job seekers apply for an available post, very few of them follow the recruitment process diligently leading to dissatisfaction and disappointment of both job seekers and recruiters.

"There is a lot of talk about unemployment. So here is an anecdote. For every job we advertise, we get 100s of resumes. But if we ask people to fill a Google form, very few do so and most drop out," Shah said. "Next step, we ask shortlisted candidates to appear for a test. Very few do and most drop out. Next step, among those who do, very few clear the test. Next step, interview and hardly anyone clears it. This is the state of the job market in India. Not passing any judgment, just sharing hard facts."

Several X users and recruiters said they could relate to Shah's post.

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"Same experience. We get 100s of resumes, send simple assignments. A small percentage respond. A few make the interview shortlist. The ratio of good-fit final candidates to initial applications is really small," commented Rayoflight (@ArunChillara).

Another user Ishwar Singh (@IshwarBagga) said, "Most of the people applying for jobs are not serious. Many do not even pick up calls after submitting resumes. About 80 percent of the candidates will drop out if you give a basic skill test without any attempt. After 2-3 rounds most companies end up with just 1-2 candidates from thousands."