Are GenZs prioritizing relationships over salary?
And more interesting updates...
In this week’s newsletter, let’s deep-dive into what has been happening in the tech and talent market, what today’s workforce is looking for, and how you can manage your applicants better when you share opportunities on open channels like LinkedIn!
Let’s dive right in.
Today’s workforce is prioritizing a healthy workplace in exchange for a salary cut: Reports
Based on what recent studies and reports state, it looks like 97% of Indian Gen Z and Millenials are okay with taking a pay cut in their salaries in exchange for a healthy workplace and relationships with co-workers.
Added to this, the HP Work Relationship index also stated that while only 27% of the global workforce reports a healthy workplace relationship, India is seeing a different scenario where 50% of the workforce has shown workplace contentment. Now that’s some news!
ETHR released a more detailed article on this study that you can read here.
Managing your applicants from unregulated channels: How Cutshort can help
Over the past few years, social media and similar channels have become a great way for companies to promote their open roles and attract more folks to apply for these roles.
While these channels work great in terms of visibility, they also end up adding more noise to the pool and increase the workload of the hiring managers as they’re then forced to screen each resume individually trying to understand their relevance and fitment for a role.
Is there a way out?
Nikunj Verma, our Cofounder recently published this short video on how Cutshort can help you manage your applications better and how the platform is built to ensure that you find the best folks for your role. Check it out here.
That’s all the updates we have for you this week. See you in the next newsletter with more exciting updates!