Solving Emerging Tech Employability
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Every year, thousands of engineers graduate from reputed engineering colleges of India with flying colors, however, just a few of them possess the skill set required by the companies that will help them find jobs with the leading IT companies in Bangalore and other major cities.
A report released by an employment assessment company Aspiring Minds revealed “Macro employability and employability trends show no change over the past nine years. Even today, 80% of engineers are not employable for any job in the knowledge economy.”
Furthermore, the report also revealed that "Only 2.5% of Indian engineers possess the skills in artificial intelligence (i.e., machine learning and data science) that industry requires which will help them find relevant jobs in the IT companies in Bangalore, Mumbai and other metros. Only 1.5% - 4.5% of engineers possess the necessary skills in data engineering, while only 2.8% - 5.3% are qualified in wireless technologies. These figures pale compared to the percentage of engineers (5.5%) that are qualified for basic programming.
However, the true employability figures for data science are actually much lower: only 50% - 60% of these numbers (or 1.5% total) when we factor in other skills such as cognitive and language that is key for career success. If India hopes to become competitive and achieve parity with international competitors, then all national stakeholders must help our engineers move beyond basic coding skills to meet the demands of the 21st-century industry.”
As per the National Employability Report on Engineers, Indian engineers lack the relevant IT skills including advanced tech skills like artificial intelligence, machine learning, data science and wireless technologies among others that the companies require. India needs to train its engineers in cutting-edge digital and data skills including AI, IoT, data engineering, robotics, and mobile technologies.
Such training and upskilling will only help the aspiring engineers find jobs as software developer . Salary in Bangalore and other cities will also be better when the talent is upskilled. The initial focus must be on building capacity in faculty that are already familiar with information age technology, the report found.
Simply put, overall, only 1.5 percent of Indian engineers and programmers have the required skills for the new age jobs. It also states that only a handful of Indian engineers possess coding expertise. "Good coding skills are possessed by only 4.6 percent of Indian job applicants." Only when the talent has good coding skills can he/she expect good software developer salary in Bangalore and other cities.
IT companies in Bangalore and other cities expect the talent to have practical knowledge of working on the latest technology. However, the educational curriculum is theoretical and not up to date. As a result, the freshers do not find jobs in the tech space as a software developer. Salary in Bangalore and other cities are offered based on the experience and knowledge of the latest technology.
This tends to create a skill gap and the employability of such talent becomes nearly impossible. In order to bridge this gap, it is important to upskill talent. This can be done through boot camps and fellowship programs.
There are many setups that offer free fellowship programs to those who wish to become a good software developer. Salary in Bangalore-based IT companies is quite enterprising and on upskilling, these talents get placed with leading IT companies in Bangalore and other cities as well.
The fellowship programs offered by places like BridgeLabz Solutions also provide a guaranteed job placement with their partner IT companies in Bangalore and other cities. Furthermore, software developer salary in Bangalore and other cities of these partner companies are at par with those joining them from leading institutes.
In this way, talent gets the knowledge of industry-relevant skills and can manage to make a career in the tech space.
A fresher can expect an average salary of around ₹384,031 per year in Bangalore, India whereas an experienced talent can expect anywhere between ₹54K to ₹58K.
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