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Despite the government's spends in the area, vocational skilling & education in India is still plagued by low esteem and demand supply mismatch, says the TeamLease Signalling Value of Skill Education and Hands on-job Report. According to the report, only 2% of the workforce has opted for formal skill training making it one of the least preferred streams of education. The report attributes the low penetration of vocational learning to the lack of appreciation for hands-on training, limited upward mobility, weak labour market linkages and strong perception of labour as inferior which commands mere subsistent wages. Further as per the report, apart from social standing, the current vocational education system has not been able to impress the employers either. Employers viewed vocational educated candidates to be marginally better than the untrained. In fact, most corporates were skeptical about the quality of training and hence provided the recruits with in-house training. They were also wary of trained candidates attiring within a short period. Candidate aspirations are disconnected from reality and academic education and white-collar jobs are what the young still dream about. However, hands-on jobs are seeing a big spurt in income levels and Ecommerce is single-handedly proving to be a transformational tool in this regard. "The skill education system in India is in shambles. It is perceived as a low-value qualification by both the society and the employer. It course correction calls for a two-pronged strategy. It necessitates building of institutions of better repute with better employer linkages and also adopting a strong advocacy initiative which can communicate the improved value as well as credence to all the stakeholders," said Neeti Sharma, Senior Vice President, TeamLease Services in a statement. "In countries like Austria and Germany more than 40% of the workforce comes through the vocational skilling route. But in India it is perceived as something that is for other's children calling for a change in mindset both at the student as well as the industry level. In fact, to take advantage of the opportunities the country presents all stake holders would need to be fully aligned to the vocational skilling route," added Vikrant Pande, Vice Chancellor, TeamLease Skills University According to the report career decisions are still guided by non- professionals. As per the study an overwhelming 76% of respondents depended on parents to help them choose their careers, whereas only 53% of the candidates relied on teachers and career advisors. Another startling revelation of the report was the growing expectation mismatch between the candidates and the employer. While corporates are struggling to fill their blue collar/skilled profiles, talent regardless of gender aspires to secure an administrative job. Desk jobs are ranked right at the top by talent.
Keywords
demand supply match, vocational skills, education, workforce, education, labour market, subsistent wages, Ecommerce, white-collar jobs, India,
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