Every day for the last four months I have
been hiring. I come to office each day, hassle my recruitment team, agencies
and consultancies for resume, perform interviews, negotiate salaries and perks,
no one ask anything anymore about what the job entails, what they can
contribute, or how they can grow and realise their dreams here. It’s about pay,
and people are eagerly willing to display unbridled stupidity in managing their
careers by focusing incessantly on money. Heck, the time it takes to finalise
an offer nowadays, I could send out an offer letter, go have several children,
watch them grow, put the through school and then head back to office, the
candidate is likely to have finished negotiating his pay and ready to join.
This is all fine and dandy; it’s a
hyper-inflationary job market. What’s disturbing is the not-so-new trend of IT
jobs flying out of India. I hear a 850-seater call centre has decided to move
out of India dew to attrition increasing costs.
Hell, my own company has pushed out 100
jobs out of India into Eastern Europe, and I was part of that decision.
We need to wake up and smell the stink of
decay we are creating all around us in the IT job market.
Year-on year end, people here expect
nothing less than 30 to 45% salary increases, whereas the average salary hike
in the US per year is 3% and in Eastern Europe is 4%.
I could go on and on about the quality of
the flotsam and jetsam that washes on to my desk in response to job ads, but we
all know it. Sometime it takes as many as 40+ interviews to close one position.
Sad part? The bozo still think they are worth it.
At the rate IT India better ensure they
have transferable skills, because in a couple of years from now they will not
have jobs to feed their money-frenzied lifestyles.
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