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Alex Cormack, CEO of Sheffield Haworth, highlights India's emergence as a global talent hub, attributing it to high education levels, a can-do attitude and a flexible approach, all driven by the country's booming economy and innovative outlook
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Archana Chadha, Head of HR at HSBC says, " We are at war against all manual processes, and it extends to talent acquisition as well. We are experimenting to use data to optimise job postings, forecast hiring needs & identify sourcing channels that yield the best results"
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Today when the percentage of women who are graduating is increasing, equipping women with employable skills is a bigger challenge, as most women in India work low-skill and low-paying jobs & that too in the informal or unorganised sector
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Indian IT giants, including TCS, are also delaying the onboarding of fresh graduates, affecting over 10,000 freshers in the past two years
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The problem is made worse by high costs of labor, high employee attrition rate, and a lack of thought leadership, as per Ishwa Consulting survey
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