MOTIVATING FACTORS FOR JOB CHOICE: INTRODUCTION

INTRODUCTION

Getting the right candidate at right place is the biggest challenge confronted by the employers. And even if they recruit the desired candidate, they have to confront the other monster: TURNOVER i.e. the selected candidate does not stay longer. Why is this so? Thousands graduate every year and yet there are thousands of vacancies! Is it because of the perception of today’s future professionals in their job choice? Do they know their job expectations? What do these future professionals look for in a job? The objective of the present study is to analyze the following: Are the factors to be considered for job choice gender based? What are the motivating factors that prompt them to accept a job in an organization?

The process of looking for a job has been studied earlier and is described as “job choice.” A potential employer spends days and funds searching for the right candidate. Over the past two decades recruiting top applicants has become increasingly difficult. Learning how to attract the best applicants is critical for recruiters in today’s world (Chapman, Uggerslev, Carroll, Piasentin, and Jones 2005). The key is not just to attract the best applicants, but also to be able to retain them. The average cost of recruiting, hiring, and training a new recruit is around $4,000 (Prafder). This enormous cost makes it mandatory that the turnover rate remains low, but then the problem is: what attracts these top applicants and also motivate them to stay with the organization in the long term?

Representative APR 391%. Average APR for this type of loans is 391%. Let's say you want to borrow $100 for two week. Lender can charge you $15 for borrowing $100 for two weeks. You will need to return $115 to the lender at the end of 2 weeks. The cost of the $100 loan is a $15 finance charge and an annual percentage rate of 391 percent. If you decide to roll over the loan for another two weeks, lender can charge you another $15. If you roll-over the loan three times, the finance charge would climb to $60 to borrow the $100.

Implications of Non-payment: Some lenders in our network may automatically roll over your existing loan for another two weeks if you don't pay back the loan on time. Fees for renewing the loan range from lender to lender. Most of the time these fees equal the fees you paid to get the initial payday loan. We ask lenders in our network to follow legal and ethical collection practices set by industry associations and government agencies. Non-payment of a payday loan might negatively effect your credit history.

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