Category — Human Resources

India Tops Kearney’s Global Services Location Index

Extending its lead over other countries, India topped management consulting firm A.T. Kearney’s 2017 Global Services Location Index for the eighth consecutive year since its inception in 2004. Currently there are 200 multinational corporations operating in India and 1.1 million employees in Business Process Outsourcing, though the sector does face challenges from automation.

Live Mint reports that the index is based on metrics in three categories: financial attractiveness, people skills and availability, and business environment. Asian countries continue to dominate the Index with China and Malaysia at second and third spots, while Indonesia rose one place to rank fourth.

map of the world with 'outsource' written across it

According to Kearney, India’s overall financial competitiveness is due to the English-speaking skilled labor that none of the other low-cost countries can match, as well as an improved policy environment.

Ajay Gupta, partner at A.T. Kearney India, said, “Its [India’s] attractiveness as a global services destination continues to increase with its growing cost advantage against the United States, and the improving performance of Indian students on standardized tests.”

September 29, 2017   No Comments

India Dominates Online Work Space

The Online Labor Index published by the ‘iLabor’ project of the Oxford Internet Institute, an affiliate of U.K.’s  University of Oxford, notes that India is the largest supplier of online labor. This report analyzed data for the first week of July, and reported that India is followed by Bangladesh, U.S., Pakistan, Philippines and the U.K. in what is being termed “digital gig work” or freelance work offered online.

The report analyses data from four online platforms – Fiverr, Freelancer, Guru, and PeoplePerHour. “Based on traffic statistics, we can estimate that these four sites represent at least 40% of the global market for platform-based online work,” says senior Oxford Internet Institute’s research fellow Vili Lehdonvirta.

Freelancing from home

Over half of the online work carried out in India is dominated by software development and the technology sector, followed by creative and multimedia services, and sales and marketing support, reports the Times of India.

 

July 22, 2017   No Comments

Global Technology Firms Increase Workforce in India

U.S.-based firms Microsoft, LinkedIn, Oracle, Facebook, and Google are increasing their engineering staff in India. These companies are seeking engineers from India to work on technologies similar to their global counterparts to build competence in niche technology areas.

A report from Washington-DC based Bain & Company published last month said global in-house centers (GICs) in India will play a bigger role for enterprises. “Indian GICs will play a more active role in driving top-of-mind investment priorities of global C-level executives at Fortune 1,000 companies in the next three to five years. In addition, more senior leaders of the enterprise, particularly those two levels below CEOs, will operate out of Indian GICs over this period,” the report added.

North Carolina-based Lowe’s, that has 1,000 employees in India, said its IT and analytics capabilities in the country will amplify its growth strategy.

“We are hiring people in e-commerce and digital technologies, retail and supply chain technologies, core engineering and infrastructure such as networking, virtual infrastructure and containerization, analytics and big data, and project management,” said James Brandt, managing director, Lowe’s India.

Target India, which has a current headcount of 2,500, will hire professionals in technology and areas such as marketing, supply chain and animation, reports SmartInvestor.

“We will hire talent with Java and Open Source capabilities and  for niche areas with expertise in machine learning and neuro-linguistic programming. In addition to technology, India has a talent pool in computer-generated imagery and animation. Our marketing team is looking to expand our CGI capabilities and tap this pool,” said Shalini Natraj, head of HR at Target India.

Human Resource elements

June 5, 2017   No Comments

Digital Trends among Urban Youngsters in India

The ways in which India’s urban Gen Z, people born after 1995, engage with the opportunities of the digital age is changing according to a recent youth survey released by Mumbai-based IT company, Tata Consultancy Services.

TCS conducted its Gen Z Survey 2016-17, across 15  Indian cities.

Indian youngster

Listed below are some of the key findings:

Shopping – Online shopping is the preferred mode of buying goods where around 84 percent, that is at least 8 out of every 10 teenagers, in Mumbai shop online.

Paying Bills – Cash-on-Delivery is the payment method of choice either using parents’ money (65 percent) or their own “pocket money” (40 percent).

Socializing – Facebook’s popularity is eroding, while Instagram users are rising. 13-year-old Vriddhi Gala says, “Instagram is more precise and totally for smartphone users. It is more creative than Facebook. My classmates use Instagram to share pictures and even moods.” 26 percent respondents said that they did not have a social media account. 13 percent said they had to delete their accounts due to pressure from parents and Aadhya Srinivas (15), said that many of her friends had created social accounts with fake names to encounter this pressure.

Communicating – E-mails are now replaced by WhatsApp (88%), Facebook Messenger (60%), Snapchat (41%), Google Hangout (36%) and Hike messenger (35%).

Using Internet – Out of a batch of 700 participants in one of the cities surveyed, 74 % used the Internet for completing school assignments, 69% used it for instant messaging, 67% used it for downloading games/music, and 60% said they played games on the Internet.

Owning Electronic Items – smartphones (79 percent), laptops/desktops/tablets (39 percent), gaming consoles (32 percent), e-book readers (27 percent), smartwatches (21 percent), activity tracker/fitness bands (17 percent) and virtual reality headsets (15 percent) are quickly gaining popularity among young Mumbaikars, reports the Indian Express.

 

May 28, 2017   No Comments

9 U.S. Companies among Top 25 Best Workplaces in India

Based on LinkedIn‘s study of actions, nine American companies are listed among the 25 most desirable companies for employees in India.

Logo of Linked in's Top Companies Where India Wants to Work

At #2 is Amazon: With more than 10,000 employees in India Amazon is rapidly expanding its Prime Video offerings in the country, investing $5 billion in 2016 with plans to double that investment in 2017.

At #3 is KPMG India: This firm operates in 152 countries worldwide. KPMG India has offices in Chandigarh, Gurgaon, Noida, Ahmedabad, Vadodara, Mumbai, Pune, Bangalore, Kochi, Chennai, Hyderabad and Kolkata.

At #7 is Adobe: India is a key innovation hub for Adobe – its biggest R&D location outside of its headquarters. Nearly 30 percent of the company’s research and development is centered in India. “We have probably grown faster in India than anywhere else in the world,” says CEO Shantanu Narayen.

At #8 is Google: The ability to download maps or YouTube clips for offline access, started in India before going global.

At #12 is Accenture: With 140,000 employees in India, Accenture recently opened a new Cyber Center in Bangalore, where clients, Accenture specialists and other industry experts from universities and beyond can uncover the next generation of security solutions and outpace cyber adversaries.

At #13 is Deloitte: In India, Deloitte offers a range of Audit, Risk Advisory, Tax, Consulting and Financial Advisory services across thirteen cities.

At #16 is Cisco: Cisco is moving beyond its core router and switching business into subscription sales and other sources of recurring revenue. These plans require robust hiring.

At #24 is McKinsey & Company: The company’s insights cover many topics from how India’s largest private bank fosters gender equality, to the state of the country’s private equity sector. More than 70 McKinsey India alumni have become CEOs.

At #25 is Oracle: The company has set up nine incubation centers to contribute to India’s booming startup culture and trains 500,000 students every year through the company’s education program.

 

 

May 21, 2017   No Comments