Job seekers refuse to pay for employability skills, shifting costs to employers
Sandeep Aneja · 100x Entrepreneur | Episode 8 | Sandeep Aneja, Founder and Managing Partner, Kaizen Private Equity · Sep 7, 2019 · at 13:15
Sandeep Aneja is the founder of Kaizen Private Equity, discussing investment theses across education and why skilling startups struggle with direct-to-consumer monetization.
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“Employability is a pain that is, ah, felt really by the, ah, employer, and therefore the willingness to pay on part of the job seeker is limited because the job seeker is of the opinion that they've got a degree or a diploma and that's good enough, and often that is not good enough. So the realization of the lack of skill occurs after the job has been acquired, and at that point it becomes the problem of the corporate, the employer, to train the person, to skill the person. So there is no obvious market there. It's often subsumed in the corporate.”
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