Why do companies pay less to a fresher?

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Once, a TV reporter asked this question to an Executive of a leading software company in India. He was speechless and gave some absurd arguments. There are certain things which one cannot speak on a TV platform. He had his limitation.

As per our interactions with various recruiters, the companies which are recruiting students are doing things which are not taught in colleges. Well, colleges can only teach basic to the students since every other company has their niche in a certain field which is not at all possible to impart knowledge going to that deeper level. 

Suppose, some software company is recruiting and it has clients like TESLA, NVIDIA, and MICROSOFT. It is not possible even in advanced colleges to impart that kind of knowledge because they are doing pretty much advanced market oriented stuff. In a college setting, one cannot get such projects at all. If someone is getting, I congratulate him & wish him very success. Therefore, a newly recruited student has to learn again by attending various training programs at the organization. Training costs money. Moreover, they need to give you salary in this period at which the person is not at all productive (or earning any money) for the company. One should keep in mind that these companies are run for profit not to give jobs to people for welfare. This may seem rude but it is a capitalist’s world we are living.  Hence, students coming out from affluent families and upper middle class family find it difficult to adjust because the pocket money is far better for them. The job is not for them. 

But, one should keep in mind that the initial 2-5 years have to be dedicated for learning and gaining experience. As Per Robert Greene, one has to put at least 16000 hrs to attain mastery in any field. For our case let us reduce it to 8000 hrs and start learning without thinking about monetary gains.  Once you gain experience, you can switch your job to another company and ask for higher payment. If you become money minded in initial years, you learn nothing and end up repelling future money making avenues. 

 You have to give time. Keep in mind this proverb “Rome was not built in a day”.   

 

You can read author's books in links given  below. 

B.Tech Guidebook

Campus Placement Guide Book