By : M.S.Yatnatti Editor and Video Journalist Bengaluru : Do you have the passion to excel, urge to be creative, a never-ending thirst for knowledge and the desire to grow? Then, Indian ICT companies are the right place for you because they focus on building a culture of innovation and breakthrough thinking, which results in value creation. The work environment and corporate culture ensures your personal and professional development along with the overall growth of their organizations.
IT companies need to recruit the recruiters and partner with Freelance Recruiters / small and effective search firms / recruiting or staffing agencies / recruiting vendors if they want to be super successful.A study by IT expert in recruitment process outsourcingshows that the recruitment industry is going through a crunch of 200 professionals every day. IT companies need to build the militia for the warfare. Simultaneously, build the army," is the advice of , Lead, HR and Recruiting, experts inIndia, for young HR managers. The `War for Talent is a reality, and it need tohandle the problem of the growing lacuna in HR talent, particularly recruiters, in the country. It's clear India does not have enough HR horsepower to handle the needs of the IT/ITES (IT-enabled services) industry. These sectors in the country, expected to employ about two million people by 2016, i.e, double the number of people they employ today, will predictably suffer from a severe shortage of competent HR talent soon. According to industry estimates, in the people's business, for every 50-75 person recruited, one HR job gets created. This roughly translates into a demand for 40,000 people skilled in the HR area for the tech sector alone in the next three years.This excludes the needs of other booming sectors such as retail, telecom, textiles and the recruitment industry itself, which needs as many people. A study by ITrecruitment process outsourcing firm, shows that the recruitment industry is going through a crunch of 200 professionals every day.Large organisations are often recruiting in excess of 1,000 people per year and one recruiter can effectively handle 5-20 placements a month. Generally recruiting teams are often as large as 15-20 people, with some organisations having recruiting teams with over 150 people. If you don't have people, you lose billing hours which translates into loss of revenue." Therefore the war for talent is now beginning at source: i.e., hirers are being hired first, both at recruitment divisions of companies and at recruitment firms. The country produces one million graduates every year. With a little bit of training, this pool can be filled easily. Readers can look into List of websites of IT Companies in India athttp://memberdirectory.nasscom.in/MemberCompanyFreeSearch.Contract Staffing is dependent completely on the Staffing Partners empanelled. According to industry estimates, the current RPO market is around Rs. 10,000 crore in India with HR companies offering RPO as one of their services.
Be alert as a job scam occurs when someone offers you a fictitious job opportunity, typically through a false website or unsolicited e-mail. The victim is often asked to provide personal information and/or payments to the solicitor. If you get a job offer that seems like it's too good to be true, be sure to do your homework - it probably is. Scammers are beginning to use well-known brands to entice job seekers to apply to their fictitious positions.
It has been observed and reported and alleged that that certain agencies/individuals have been making job offers on behalf of Accenture and other IT companies. in exchange for money. Important notice about careers at Accenture is published at Accenture website at www.accenture.com/in-en/careers/important-notice .Accenture has not authorized any agency, company or individual to either collect money or arrive on any monetary arrangement in exchange for a job at Accenture. Accenture's criterion for hiring candidates is merit. Any agency, company or individual offering employment with Accenture in exchange for money is misrepresenting their relationship with Accenture, which has not authorized any such action .Accenture reserves the right to initiate police complaints against any individual or entity that is found to be engaging in such an act. Accenture is not obliged or bound to honor any job assurances made through such means, particularly in exchange for money. Accenture has appointed professional recruitment agencies to extend / offer employment to Accenture, subject to those candidates possessing the relevant skills. If you are approached by any entity or individuals who demand money or any other form of compensation in return for a job offer at Accenture - even if they present themselves as representatives or employees of Accenture - please send us the details at firstname.lastname@example.org.Accenture now sends out digitally signed offer letters to candidates who are shortlisted to join us. These offer letters contain a unique reference number on the bottom of the first page in the document. A candidate can check the authenticity of the offer letter by visiting the site https://india.jobs.accenture.com/CheckOfferLetter.aspx and providing the required information. For any clarifications, do reach us on email@example.com.
According to press reports , Accenture plans to hire about 100,000 people in FY16 and spend as much as $1 billion on acquisitions, as it invests in new technologies at a scale that far outstrips its Indian rivals. At its investor conference in New York on Wednesday, Accenture outlined its strategy for its financial year ending August 2016."Last year we hired roughly 100,000 people. Though the number isn't set for this year, we expect to hire roughly in the same range,” David Rowland, chief financial officer at Accenture, told investors and analysts.At that pace, Accenture will remain the second-biggest employer in the IT industry. Tata Consultancy Services had overtaken the company in headcount in 2013, a title Accenture has since taken back.
Reportedly TCS' hiring, the most aggressive among Indian IT firms, will be around 65,000 in FY16, falling far short of Accenture's recruitment. TCS' financial year ends in March.Accenture is also beating its Indian IT rivals in the amount of money it is deploying for acquisitions. Rowland said the company, which spent about $850 million on acquisitions in FY15, had estimated it would spend between $900 million and $1 billion on acquisitions in FY16. Accenture also said it would focus its business on three 'new' technologies -- digital, cloud and cyber security, which together contribute $10 billion to its top line or a third of its overall revenue.Accenture plans to hire nearly 100,000 in FY16, spend $1 billion on acquisitions
Reportedly the investments and hires are creating a dramatic gap between Accenture and its Indian IT competitors, one that they will struggle to close unless they get more aggressive, analysts have said. Accenture ended the last financial year with $7 billion in revenue from its digital business -- which includes interactive, analytics and mobility. To put that into perspective, Wipro had $7.1 billion in overall revenue in its financial year ended March. TCS has said it had close to $2 billion in digital revenue in the last financial year.Accenture's digital workforce has now expanded to 36,000, CEO Pierre Nanterme told investors. Nanterme also batted aside questions about competition in its digital business. "I would say that in our digital and operations business, we are the market makers. I spend a lot of my time looking at the competition, but there I would say we make the market. Our competition in digital is very fragmented and isn't doing what we are doing,” Nanterme told investors.Analysts have been pointing out that Indian IT firms could be left behind by Accenture's aggressive moves in the space.
"Tuck-in acquisitions are likely needed to fill critical gaps in the digital value chain. There has to be a greater degree of co-operation and flexibility in working with heterogeneous partners in the ecosystem. Indian IT is tech savvy, but much less partnership savvy,” Viju George, analyst with JPMorgan, reportedly said in a July note on the digital opportunity for India firms.He added that Accenture was aggressively cementing its partnership with players of varying size across the digital ecosystem and in its merger strategy.
Traditionally job interviews are regarded as the platform for recruiters to assess the candidate applying for the job, the trend is reversing with the candidates asking many questions about the job to ensure they are applying for the right position. The questions not only help the candidates assess the job for their interest, this also provides a great cue for the recruiters to assess the candidates on their aptitude for the job.