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Indian Youth Wants to Work with Start-up

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CIOL Writers
New Update

At the time when Indians are in the grip of startup revolution, people around the world seem to be uncomfortable about the same. A recent survey conducted by Infosys revealed that the Indian youth, are keener to work in startups, whereas the idea seems to fade across the world with only 8% of the youth showing interest to work in a start-up and a considerable 26% prefer working for big companies.

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Infosys, India’s top consulting firm had commissioned a survey of young adults in nine major economies across the globe and found striking differences among peoples’ job preferences in different countries.

Survey showed that only a few countries seem to be swayed by the startup idea with the likes of India, Brazil, and France. PM’s Start-up India initiative looks headed in the right direction with India topping the list. Australian youth showed the least interest for the same.

Americans also look little fascinated with the dynamics and anxiety related to working in a start-up venture despite super successful examples like Facebook and Uber with multi-billion dollars valuations.

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That being said, in India, China, South Africa and Brazil, 26% of the respondents said that their ideal preference would be a company with about 250 employees. Most people still prefer stability and security that comes with working for big brands.

Besides the startups’ and big giants’ followers, there is yet another section of the world youth who would prefer working for:

  • Small company (13%) – these are more preferred in countries like U.S., France and Germany. Indians don’t really enjoy the idea of working for a small organization as they do not get high salaries, perks and the brand name that would be associated with a big company.
  • Medium-sized company (18%)

Going into business on their own (15%) – these are entrepreneurs who would stick to already applied principles and wouldn’t try something new. They would rather avoid fast growth associated with start-ups, than taking a high level of risk.

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