Loads of IT Companies are in the process of shifting focus towards other economies thanks to the falling Dollar rates and high cost of IT Talent in India. The fast pace of expansion in business leading towards shortage of talent and loads of challengers for employers.

Recruiting in India, is no more a sellers market and therefore professionals are capitalizing the market conditions. These days most IT Graduates are demanding huge compensation packages and immediate onsite assignments.

“Counter Offer” seems to be the golden word these days as recruiters are trying to rope in Talent putting Internal Parity and existing employees at stake. Salary is openly talked about and employers are trying to negotiate positions based on Offer letters which are possessed by the prospective candidates.

If you thought theYoung IT professionals get ‘greedy’ about salaries,you got to read this post by Rashmi Bansal and this post by Andy Mukherjee (for the Asian perspective) as well to get a full fledged feel of the entire situation.

Popularity: 19% [?]

Tags: Careers, HR Issues, Talent Management

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A brief on SumTotal: SumTotal strengthens performance and profitability through the management, optimization and deployment of learning, performance and knowledge. Their innovative software products, category leadership and applied insight strengthen your business core.

Popularity: 20% [?]

Tags: Talent Management

I came across this blog post by a person who was associated with Microsoft who later started up a venture which was bought over by Google and has posted his take on Google’s environment as well as areas Microsoft should consider improving in order to be more competitive.

Some interesting comments were:-

• There is no career development plan from individual contributor to manager.
• Most people don’t actually have a 20% project. Most managers won’t remind you to start one.
• Google actually pays less salary than Microsoft. Google’s health insurance is actually not nearly as good as Microsoft’s.
• Google actually pays less salary than Microsoft.Google’s health insurance is actually not nearly as good as Microsoft’s.

I am still not sure whether this post is a credible resource to think that Google is Evil, but i’ve surely heard that Google Employees in India, do not have facilities like the ones Googleplex :). Microsoft, if you are reading this… there are few tips for you… Implement them - People will love you a lot more!

Want to read the entire post - Life at Google - The Microsoftie Perspective

Popularity: 37% [?]

Tags: Careers, Talent Management

According to a online International Executive Quiz conducted by Korn/Ferry this year, three-forth of the executives from over 40 countries quoted that they believe that they can outperform their boss. It was also found that 65% of the respondents aspired to be in their Bosses positions.

These results suggest that many of today’s executives are feeling ‘underemployed’ – or in other words, that their employers are not making full use of their backgrounds and abilities,” said Bob Damon, president, North America for Korn/Ferry. “The secret for companies is to identify their high potentials and give them strategic developmental opportunities in order to keep them challenged and satisfied, and best leverage their drive and ambition.”

Popularity: 12% [?]

Tags: Talent Management