Saturday, August 23, 2008

Future of IT Segment for Freshers and their First Jobs in India

Dear Friends,

You must be noticing that the change in the economic condition of US and all over the world is showing on the IT segment recruitments now a days. If you notice on any of the new cost cutting initiatives the following are adapted by large companies.

1- Stop the Recruitments (Unless emergency which may effect the revenue)
2- Training Initiatives are cutdown
3- Differ the recruitments of fresh graduates little later..
4- Look for freshers who can produce with least training investment by the companies

The current cost cutting would continue for some time to come... So all the graduates passingout and looking for opportunities to be aware of this phenomenon and plan accordingly.

Here are the few suggestions(not exhaustive) you may like to ponder to place yourself.

- Identify the other Industries growing and find the relevant position in such companies at the entry level
- Find the small and medium size organisation who have more domestic projects which may not get effected by the Economies around the world.
- Any new and innovative product development ( may be startup or small in size) who may want to start with a cost advantage (means low cost with high potential in people)
- Also try and work with companies which have a local presence and not big - the place where you can have a great exposure and someone is there to support you continusouly. Where your presence is more important for them.

Please do add your comments on how you would like to approch to this issue... Also read some of the inputs shared on this Blog of GR Reddy.

Thanks and All the Best.

Reddy GR
Husys - World only HR Function Outsourcing Company

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