HIR­ING EX­PE­RI­ENCED HANDS

Business Today - - CONTENTS - – Sonal Khetarpal

In spite of the buzz around hir­ing them young and keep­ing them en­gaged at the work­place, the pro­por­tion of young pro­fes­sion­als in IT firms is de­creas­ing

In spite of the buzz around hir­ing them young and keep­ing them en­gaged at the work­place, the pro­por­tion of young pro­fes­sion­als in IT com­pa­nies is de­creas­ing. The re­cent In­fosys an­nual re­port points to the ris­ing num­ber of ex­pe­ri­enced pro­fes­sion­als in its work­force. At In­fosys, the per­cent­age of em­ploy­ees aged be­tween 18 and 25 is down to

28.16 per cent (at 57,475) from 31.19 per cent in the pre­vi­ous fis­cal. But for all age groups older than 25, the per­cent­age has risen. In fact, IT com­pa­nies are hir­ing ‘just-in-time work­force’ so that they can bill their clients as soon as the em­ploy­ees are on the pay­roll, in­stead of hir­ing rook­ies and train­ing them for six to eight months prior to de­ploy­ment. Shorter con­tract re­newal cy­cles have de­prived com­pa­nies of the abil­ity to en­vis­age what pro­jects they will have the next year and they have no as­sur­ance that they will be able to make use of the skills for which a fresher is be­ing trained. These is­sues are be­com­ing crit­i­cal as com­pa­nies no longer en­joy dou­ble-digit growth. Plus, there is in­creased pres­sure on prof­its as they de­ploy more peo­ple on-site and need to max­imise re­sources in In­dia.

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