Tuesday, 28 January 2014

IT industry in India is adjusting to its middle age

As the $108-billion industry enters middle age and its growth slows, the three-million-strong workforce is also getting older, making it harder to extract some of the cost advantages of the young, cheap labour for which it is known.

Firms have had to change in order to attract and support employees with a more mature set of priorities, as the bright youngsters they recruited years earlier have become earnest family types.
"Middle-aged or married couples prefer to go back home on time, so don't like to stay back at work till late or do weekends," said Megha Jain, 34, a Bangalore-based employee of an IT company. "There is more focus by the company to fine-tune policies around work from home and overtime."

Organised weekend outings for staff were a common way of building bonds in the workplace for IT firms whose employees had mostly come straight from college. Now, many Indian IT firms have tied up with childcare centres to help working couples manage. Some offer flexible working hours or extended time away from work, options that exist with few other Indian employers.

http://in.finance.yahoo.com/news/once-preserve-youth-indian-staffing-025004606.html

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