5. Sify’s Role - Skill Development
Skillpedia - Knowledge Sharing Portal to bridge the gap between demand and
supply of skilled personnel.
Skillpedia - Nation’s largest skill exchange platform
Recruitment Trends 5
6. Employment Outlook
Source: Ma Foi Randstad Employment Trends Survey
Recruitment Trends 6
7. Employment Outlook
Source: Ma Foi Randstad Employment Trends Survey
Recruitment Trends 7
8. Changing Focus – Domestic Market
1 2 3 4
Target Segment Key Verticals Driving
Changing Destiny
Employment
• Current Indian IT Exports • BFSI, telecom, • Tier II and Tier III are the
• Indian IT BPO
– 50 billion manufacturing and Govt destination towns for IT
expected to add
• Future growth lies in accounts for 85% of and BPOs.
230,000 jobs in
domestic segment revenue • Leveraging local talent and
FY2012
• Indian corporate eyeing • Domestic IT-BPO market reduction in operational
• Direct employment
equal business is expected to grow 17 costs.
to about 2.8 million,
opportunity from per cent to reach Rs
and indirectly
domestic segments 91,800 crore in FY2012
employing 8.9 million
• Price sensitive market
people
Recruitment Trends 8
9. Expected Trends
Knowledge to Skills Resume 1.0 to Resume 2.0
• Degree vs. Certification • Pre-screening and Selection Criteria
• National Occupational • Profile and Social Tools (Linked In)
Standards (NOS)
Job Descriptions to Competencies Education Streams
• JD’s • National Vocational Education Quality
• Proficiency Framework (NVEQF)
Recruitment Trends 9
Talent Management Solution – To empower your institutions. Preparing the workforce in 21 st century with industry expected skills. Internet Backbone Scaling your lecture delivery
About current role in Skillpedia. Explain what is Skillpedia Emphasize how it would be of help to candidates and institutions
Leading sectors – HC, Hospitality and IT/ITeS
Mumbai leads the cities with an estimated 39,100 jobs created during Jan-Mar 2012 followed by Delhi/NCR with the figure standing at 34,200. Below is the graph depicting this data for the top 8 cities
a. It’s a consumer centric and very stable rather then depended on outside market. Indian domestic BPO crosses $1 billion mark - Gartner By Trisha Thomas on Tue, 04/12/2011 - 12:14 While the world is focused on the global Outsourcing market (in which India has a 60% share,) the domestic market in India has jumped by a whopping 29% in one year, research firm Gartner said. It further predicts the market will jump another 23% to hit #1.4 billion (Rs 6,400 crore) by the end of this year and $2.5 billion by end of 2014. The predictions are one of the most aggressive by Gartner for any of the industries it tracks for any market in the World. Interestingly, none of the big Indian firms, such as Infosys, TCS and Wipro, have started getting even double digit shares (10% or more) from India. Having started with a US focus, most companies are reluctant to reduce prices for the Indian market, though the global recession has forced firms like Wipro and HCL to take India more seriously. “ Changing demographics, increasing affluence and economic growth in Asia/Pacific continues to drive shared services and BPO adoption, especially in Australia, India, Southeast Asia and China,” said T.J. Singh, research director at Gartner. In a sign of the times, Gartner and IDC, the two leading IT market analysis firms in the World, have established a strong local presence in India over the last year or two. Over the past three years, many established India-based BPO service providers and U.S.- and Europe-based multinational BPO services providers have started focusing on the Indian domestic market, Gartner pointed out. In the past, these providers were focused primarily on the international or offshore market. Some of the local providers include Omnia, Kenkei, Androemeda, Genpact, Magus, MphasiS, Intelenet Global Services, Tech Mahindra, Aegis, Spanco and HTMT. “ This phenomenon has been accentuated by the advent of the global slowdown in the U.S. and Western Europe, in which service providers who were focusing solely on the international market realized that there is merit in the Indian BPO market, given the fact that it grew rapidly even during the global economic crisis. The large and midsize players have now stepped up their activities,” Singh added.
Knowledge to Skills JWD or DWJ syndrome – very much prevalent in india Example – expectation of company – entry-level programmer – National Occupancy Standards will set the bench marks. NSDC and Sector Skills Council – NASSCOMM would lead for IT/ITES and are now in the process of defining NOS for various job roles. Computer Literacy – expectations in basic knowledge of OS, Hardware, Office Tools, Information Security awareness, Job Descriptions to Competencies Right now companies are posting the Job requirements – Now on it would be skills requirements. Proficiency level will come in place Resume 1.0 to 2.0 As companies would look for competencies and skills – Prescreening and Recruitment criteria and even methods could change. It would be more of a system driven approach. Social tools already playing a major role in recruitment – ex. Linked In Educational Streams HRD has launched NVEQF - AICTE has already opened up this stream to build additional capacity. Seven level of certification – starting from class 9 (Institution can enroll max 500 candidate every year)
