The current study aims at examining the influence of illegitimate tasks on burnout among graduate students working in the banking industry in Pakistan with a special interest on the role of counterproductive work behavior (CWB), toxic workplace environment, and workplace ostracism. The key question is how these organizational actors affect job preparedness and professional opportunity, are the key aspects of graduate employability. A quantitative research design was used whereby 400 participants took part in a convenience sampling method. Direct and indirect hypotheses that are brought throughout this study are all confirmed, as a holistic model, in which the illegitimate tasks reduce the employability through burnout and job dysfunction, but an entrepreneurial orientation and the support systems counter these impacts. The research has practical implications that any educator, policymaker, and human resource practitioner can use in promoting graduate employability in a turbulent environment.