Factors Influencing Employability Skill Gap With Increasing Job Opportunities In Tamil Nadu

Abstract

Tamil Nadu's companies and educational institutions are beginning to give graduates' employability more of significance. Especially in the area of soft skills, the needs of businesses and the competencies of recent graduates are separating more and more. This is still true even if job opportunities abound now more than they did years ago. The employability skill gap is still a big problem since graduates entering the workforce lack basic skills required in different fields. These skills address communication, group projects, and problem-solving. This difference results in underemployment and difficulties for the company trying to meet long-term goals. For this study, 307 MBA graduates from a Tamil Nadu private university compiled the information. The aim of this paper is to investigate the main components generating the employability skill gap. To evaluate these aspects, one answered a standardised questionnaire. Using the Smart-PLS 3.2.7 program, a partial least squares (PLS) analysis on the data revealed the links among the several predictors of the skill gap and employability. Two studies were undertaken here. The PLS study found sixty-five percent of the variance in employability as explained by elements including inadequate development of soft skills (34 percent), misalignment of technical skills with industry standards (25 percent), and lack of exposure to real-world business scenarios (six percent). The findings have underlined the need of including soft skills and industry-specific competencies into higher education institutions' courses to close the workforce readiness difference.