Fix the talent issue, do something in the talent space– this is the most sought after request of IT companies to Nasscom. “Talent is the biggest pain point that our members are facing. This is the situation in every city,” Debjani Ghosh, President, Nasscom, said on Wednesday.
“If we don’t fix the problem of talent pool and don’t build a strong talent pool, then companies are going to start hiring from each other because this is the pool that exists and this is a very small. That’s going to have an impact on wages, and redefine the entire competition landscape for companies,” she told newspersons on the sidelines of a two-day Nasscom HR Summit.
To catalyse the industry’s growth, talent is the biggest challenge that needs to be overcome, she added. Last year was pretty good with the IT industry hiring a net of 1.80 lakh people. “I am not going to predict a number and giving guidance does not make any sense as technology is changing quite fast,” she said to a query on the outlook for this year.
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However, the CEO survey was pretty positive as the digital transformational opportunity globally is growing and the Indian IT is at the heart of it . It is not about how much you can hire, but are there enough people you can hire. “We are in an exciting time. I am very bullish and extremely convinced that the $1-trillion digital economy is a reality,” she said.
Source: The Hindu BusinessLine