Image via CrunchBaseLinkedin Launches Job Portal for Recent GraduatesThe crowded jobsite market just got a new player. Business networking site Linkedin which is also used
by professionals for job hunting launched a job portal for Internships and Jobs for recently graduated
students. The interesting thing with this job portal is that it is not country specific . When one clicks on
the jobs listed it leads to the results of the Linkedin search of all Jobs listed there. So while the jobsite
might be marketed to students it can facilitate as a job search for any professional. What would be seen
now is how Linkedin would market this site to employers for employment branding initiatives. There
is a India sales team too – so it would be interesting to see how the traditional job portals counter this
niche threat from the networking site. Linkedin has been growing too. It crossed a 100 million members
worldwide, recently and India membership saw a 76% growth over the previous year too.
Top Level Exits in the IT sector
Bhaskar Pramanik, MD of Oracle India; Ravi Venkatesan, chairman of Microsoft India; Girish Paranjape
and Suresh Vaswani, joint CEOs of Wipro; and Ashok Soota, executive chairman of MindTree, have been
some of the recent top level exits in the Indian IT sector. iGate lured away Cognizant’s head of banking,
Debashis Chatterjee who is reportedly going to be its COO.
As the industry goes through a boom period organizations are grappling with turnover across the
ladder. Senior level exits however have different implications than middle or junior levels. Apart from
business disruptions and cost implications, such exits affect employee morale most. People always
wonder “why did that person go? Did he know something that we do not?” The way to handle such exits
is to communicate frequently with employees. Having a succession plan for all contingencies is of the
essence – even for top level executives.
90% of Indian workers ready to relocate
Almost nine-in-ten Indian employees are willing to move for the right job, with many even prepared to
relocate to another country or continent in order to secure a preferred position, according to the latest
survey from Kelly Services. The findings are part of the Kelly Global Workforce Index, which obtained the
views of approximately 97,000 people in 30 countries, including almost 2,000 in India.
A total of 89% of the respondents said that they were willing to move for the right job. Out of these,
39% of the respondents said that they were prepared to move within the country while 49% were
willing to relocate to another country or continent to secure a job of their choice.
One reason for this is that historically Indians have been a people who have migrated to far off lands to
earn and make a life since centuries. From semi-skilled to highly skilled, a lot of people look for better
options in other cities and countries. The familiarity with the English language enables Indians to move
to most English speaking countries – and high demand skills ensures that countries that need them roll
out the red carpet. Another reason why Indians are more willing to be mobile is that a majority of the
Indian working population is young and do not have encumbrances that might stop them from moving.
Primary school enrolments plunge.
While the government has been trying to popularize its efforts to send more children to school, enrolment
in primary classes across the country has, in actuality, dropped since 2007. Between 2008-09 and 2009-
10, enrolment in classes I to IV in Indian schools dropped by over 2.6 million.
While more data is not available, it would seem that the economic slowdown should be blamed. The
slowdown impacted industries that use semi-skilled and un-skilled workers , impacting their ability to
send their children to school.
Hopefully, with the growth in these sectors since last year these children will get back to school this year
and not be deprived of a future.
From the HR Blogs
The successfactors blog focuses on the Next Economy and what leaders should do to reduce the gap
between strategy and execution. One fact it shares Enterprise organizations are failing to monitor,
motivate and retain employees. Only 17% of organizations know all its top-performing employees and are
looking to develop them for future roles.
Read more here
Theresa Welbourne blogs at the TLNT blog that leaders should forget about trying to change culture and
instead work on the climate and habits
Read more here
At the Systematic HR blog, Dub Dubs shares that while HRIS implementations are focusing on Talent
and Analytics, in the recent past there has been renewed focus on core HR.
Read more here
