Friday, April 25, 2008

Jobs in India- Companies to change hiring tactics!

It is interesting to note how different companies react –to stay ahead and be perhaps immune to the US recession/ subprime crisis-and how that has an impact on the job scene in India.
-A recent survey by Teamlease predicts that the infrastructure and telecom sectors will grow-while the IT and ITES companies have a lesser growth than last year. However, the well grounded India story would also see a robust hiring in the FMCG, retail and insurance sectors.
-the hiring trend in the tier II & tier III cities and rural areas is increasing while the same isn’t a favourable situation in the metros –forcing companies to adopt innovative ways of attracting talent..including a mobile bus to make it easier for call centre employees to explore options.. or “bus- drop ins" interviews!!
-With a scuttled optimism, one often relates reduced hiring means to lesser jobs!! The reality is that the numbers are still quite large...it is just that it is lesser than last year! Just three among the top 5 biggies in India - TCS (30000 to 35000) ,Infosys (25000), and Satyam (15000 account to hiring plans of about 75000 professionals-while some of the IT MNCs still want to hire 40000!!
-A point of concern..is India's share of recruiting coming down? While Accenture will hire 13000 in India, their world wide plans are to hire 60,000- there is a definite opportunity loss for some of us!
- The intention to hire across all managerial levels is gradually on the rise as companies looks to move up the value chain of outsourced IT services and deliver “value” not “price” to its clients. For eg Infosys predicts their fresher: lateral ratio changes from the current levels of 66: 34!
- While most IT firms are trying to reduce their dependence on the US markets, and focus more in Europe, some companies look to hire a different mix of employees – and reward them differently!! The Indian market expects an annual hike of 11-13% while abroad –the general trend is only 4-6%!
Personally, I feel that the increased pressure on margins would ensure companies relook at their hiring processes:

-certain companies are increasingly resorting to the RPO (recruitment process outsourcing) model and focus their management attention to retention and talent management!

-some companies have adopted and upgraded some of their recruitment consultants as partners-rather than, often 'dozens of vendors' as earlier- to manage the entire supply chain of talent.

6 comments:

Gourav Kesarkar said...

TCS Walk-in Apr 29 - May 3
Team Member


Job Description

1. Candidates should have good communication skills.
2. Good analytical and reasoning skills
3. Data Processing industry experience desired. Demonstrated ability to effectively communicate, (both written and oral)
4. Should be willing to work in Shifts.
5. Should have 15 Years Regular Education.
(Any Degree - Regular or 10 + 12 + Diploma)
6. If a Candidate as attending an interview within 6 months is not eligible to apply.

Work Location : Chennai

Venue:

Tata Consultancy Services Limited,
165/1A,2&4,Taramani - Velachery, 100 Feet Road
Velachery
Chennai-600042

Date: 29.04.08 to 03.05.08


For More Jobs
Log on to...
http://indiajobs.co.nr/
http://software-it-jobs.blogspot.com/

Rohit Sharma said...

Jobs for Freshers & Experienced
Walkings Job fair
Java SAP Oracle Testing C
All Jobs
Log on to...
http://indiajobs.co.nr/
http://software-it-jobs.blogspot.com/

Anonymous said...

With the increase requirement of manpower, job sites like www.yellojobs.com have come up with job referral concept where job seekers can also become head hunters. Doing this, they get cash rewards for successful hiring.

Golden Opportunity said...

India jobs Directory guides you to choose genuine work at home jobs among ... Apply online to current telecommuting vacancies through our free listings.Start Genuine Free Online Ad Data Entry Job from GoogleTM without Investment. Earn Online without Upfront Fee / Registration Fee / Investment by our website
http://free-online-jobs-247.blogspot.com
Find your Free Online Jobs programs

Rohit Sharma said...

Launch of new Job Portal
Jobs for all - Freshers Experienced
Java C ASP SAP VLSI Testing Walkins
http://jobsavailable.co.nr

carrol said...

Yes, you are right. There is a growth in these sectors. IT industry will undergo a downfall due to recession. All other job markets will see a enormous rise in the years to come.