Some company job sites show hundreds of job requisitions for software engineers (in the broad sense) in India, along with a handful of software engineer positions scattered across the U.S. Many of those job ads seems to have been sitting there untouched for time periods on the order of years.
So... how does it escape management's logic that when the hiring folks go to India and come back saying that people walk into kiosks and out with a job, and companies still have big trouble finding workers, getting them to accept the offer, show up on the first day, and not to mention stay for some time... that there's something wrong with making plans to exponentially increase headcount in India. Aren't software folks supposed to have logic? The numbers don't add up anywhere close.
Not the slightest concern about anecdotal and media reports that 30-40% of new hires don't even show up on the first day...
Or actual experience confirming the above...
It takes people 3 years to register what's been going on...
http://economictimes.indiatimes.com/articleshow/1536211.cms
"Software services companies are expected to recruit more than 1m people in the next three years. And this kind of demand cannot be fulfilled by the existing engineering colleges. The government has expanded the number of engineering seats in the country to 495,000, with around 1,450 colleges. According to Mr Pai, out of this available pool only 2,25,000 graduates have the requisite skills and training to be employed by IT companies. 'The status of education in engineering colleges is really poor, most colleges do not have faculty...'"
http://economictimes.indiatimes.com/articleshow/1529330.cms
"Of every 100 offers made, about 50-60% don’t take the offer at the junior level (0-4 years experience), opine consultants. And the trend of either not turning up for a job at the last minute or leaving within a month or two has now bitten middle and senior-level people as well. While about 40% is the estimated figure for dropouts in the middle level, 30% of senior staff don’t turn up on their first day of work at the new company. However, dropouts at a very senior level (director and CXO levels) are only a handful..."
Wednesday, May 24, 2006
Sheep running off the cliff
Posted by dancing dragon at 1:02 AM
Labels: economy and financial
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