37% Of Employers Would Rather Hire A Robot Or Ai Than A Recent Grad: 'theory Alone Is No Longer Enough'

A caller study released Tuesday by Hult International Business School and independent investigation diligent Workplace Intelligence recovered that moreover erstwhile faced pinch wide talent shortages, employers would alternatively prosecute a robot aliases AI than a caller grad.

The study surveyed 800 value resources leaders and 800 caller graduates (ages 22 to 27) successful business roles, including finance/accounting, marketing, sales, management, operations/logistics, and business analytics/intelligence.

Nearly each HR leaders, 98%, said their connection was struggling to find talent, yet 89% stated that they debar hiring caller graduates.

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When asked why, hiring managers said that caller graduates deficiency real-world acquisition (60%), a world mindset (57%), teamwork skills (55%), nan correct accomplishment sets (51%), and nan owed business etiquette (50%).

Three retired of 10 HR leaders would alternatively clip disconnected a position unfilled than prosecute a caller graduate.

Nearly 4 retired of 10 (37%) would alternatively personification a robot aliases AI do nan business than a caller grad while 45% opportunity they would alternatively prosecute a freelancer.

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At companies that personification taken nan plunge and hired caller grads successful nan past year, nan mostly (78%) personification already fired astatine slightest immoderate of them.

Meanwhile, caller graduates who personification successfully joined companies personification recovered nan activity acquisition invaluable. 77% said they learned overmuch successful half a twelvemonth connected nan business than successful 4 years of undergrad and 87% said their employer provided amended business training than college.

Over half (55%) said that assemblage didn't spread them successful immoderate measurement for nan business they presently hold.

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"Our study revealed that accepted assemblage programs aren't providing what students petition to beryllium successful successful today's fast-paced and progressively tech-focused activity environment," Dan Schawbel, Managing Partner of Workplace Intelligence, stated.

So what do caller grads deficiency that HR leaders are looking for? Technology skills, peculiarly successful AI, accusation analytics, and IT, are important to 97% of HR leaders, but only 20% of caller graduates personification these skills.

"Theory unsocial is nary longer enough," said Martin Boehm, executive vice President and Global Dean of Undergraduate Programs astatine Hult International Business School. "Preparing students successful caller ways, pinch a attraction connected building immoderate nan skills and mindsets needed for continuous learning, is nan early of education."