Where is the great largest-English speaking Indian workforce?
This is a period of great enthusiasm in
As an entreprenuer on both sides of the stick - we have a software services division which hires people and a staffing division that hires people for other companies - I am painfully watching the entire scenario unfold.
Attrition is an every day ordeal, as someone once said, you can't stem the river, all you can do is manage the tide. Employees routinely come with offers from the "headcount" companies which are 40% to 100% higher than their existing salaries, having been in their present job for barely a few months. Similarly, our clients in the staffing division can't stop complaining about the shortage of manpower and how they need to ramp up in the shortest possible time.
The big question I have is: where's the talent? Where is that humongous mass of “smart, amongst the most logical, ready to take on the world” set of Indians that
All I see on an every day basis are a mass of mediocre professionals who are only interested in the next highest offer that can come their way; a mass of people with poor communication skills; people with barely any foundational skills; people who are extremely adept at cramming for an interview; people who are masters in the art of forging their work experience (we have had three incidents in as many months of companies calling us for reference checks of employees who never worked for us).
The dichotomy is that there IS a very large English speaking workforce – but whether it’s skilled or not is definitely in question.
Amongst the experienced set, the success rate of interviews to selection ranges from 1 in 10 to 1 in 25. That selection too I believe is more often out of the pressure to hire than an actual great candidate. With an offer decline or back out ratio running at 40%, candidates who are skilled (1 in 50 or higher), succeed in interviews across a large set of companies and then shop around for the best deal.
One of the things that amazes me the most is that I regularly see candidates who have interviewed at our services division and been rejected, go on and join a big-blue or a big-20 company. A few weeks later we even learn that the candidate has successfully gone on assignment to a client site.
Why are these companies hiring this mediocre manpower? How does it impact the
I think we are very close to the 2000 scenario - a bubble about to burst - only this time its "off-shoring" rather than "dot com" that will be the cause. The