74%
of young professionals age 19-24 use connections through friends or relatives when securing employment.
Nonprofessional connections give uncompetitive workers only a one-time career advancement. For example, this happens in cases when a person is trying to get a first job, is looking for work after a long break or a period of unemployment, or wants to transition from a ‘bad’ job to a ‘good’ one. These connections do not work for further professional advancement. At the same time, there is a growing importance of business connections indicating that a person is established as a solid professional in the eyes of his or her colleagues.
The significance of business connections in searching for a job, securing employment and being assigned to a position is high for employees in foreign ‘prestigious’ sector companies, managers, people who have specialist education and professional experience, as well as for professionals age 30-39.
These findings come from research by Evgenia Balabanova, Deputy Director at the HSE’s Centre for Study of Social Organization of a Firm.
See also:
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‘Helping Students Discover Themselves and Find Their Calling’: A Career Fair in the Construction Industry Was Held at HSE University
On October 12, 2024, the HSE Сampus on Pokrovka hosted the annual career fair STROY.FEST, organised by DOM.RF in cooperation with HSE's Career Development Centre. The event focused on careers in the construction industry in eco-friendly cities. Students had the chance to meet representatives from various companies, participate in workshops, learn about internship opportunities, and receive gifts and career advice from potential employers.
Working while Studying Can Increase Salary and Chances of Success
Research shows that working while studying increases the likelihood of employment after graduation by 19% and boosts salary by 14%. One in two students has worked for at least a month while studying full time. The greatest benefits come from being employed during the final years of study, when students have the opportunity to begin working in their chosen field. These findings come from a team of authors at the HSE Faculty of Economic Sciences.
Half of Job Seekers Need up to Ten Weeks to Find a Job
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A Biased Evaluation of Employees’ Performance Can Be Useful for Employers
In assessing an employee’s performance, employers often listen to his immediate supervisor or colleagues, and these opinions can be highly subjective. Sergey Stepanov, an economist from HSE University, has shown that biased evaluations can actually benefit employers. An article substantiating this finding was published in the Journal of Economic Behavior and Organization.
HSE University Hosted a Career Marathon
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HSE Graduate School of Business Holds Fall Career Week
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HSE University Places Second on Superjob Alumni Salary Ranking of Russian Economics Universities
HSE University alumni working in economics and finance, earn an average of 115,000 rubles a month in their first five years of work after graduation. This is the second best result among universities, according to data from the Superjob job search website.
HSE University Places Second in Demand for Graduates Among Employers in RAEX Ranking
For three years already, HSE University has appeared in the Top-5 of Russia’s best universities according to the RAEX Ranking. In terms of demand for graduates among employers, HSE University has risen to the second place, while also improving its indicator for ‘environment for high-quality learning’.
Technological Unemployment
In his book, Rise of the Robots: Technology and the Threat of a Jobless Future, futurist Martin Ford warns of 75% unemployment by 2100, as robots will finally defeat humans and half of all existing occupations will disappear. Should we believe it? Prominent Russian economist and deputy director of the HSE Centre for Labour Market Studies Rostislav Kapeliushnikov does not think so. According to his paper 'Is Technological Change a Devourer of Jobs?'', predictions of a 'labour market apocalypse' with mass loss of jobs caused by technological progress are unfounded.