Solving Emerging Tech Employability
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With each passing day, there is much technological advancement that happens. With technological advancements, many software jobs in Bangalore and other cities are created. Many engineers opt for these high paying jobs in Bangalore and other cities. But they change jobs quickly as well.
Tech companies not only find it difficult to find the right talent but retaining them in the software jobs in Bangalore and other cities are yet another issue they have to deal with. These high paying jobs in Bangalore and other major cities lose their zeal in a matter of a few months.
According to Debasmita Das, principal – careers and hi-tech industry lead at consulting firm Mercer “At an industry level, average attrition has increased by around 1% in software jobs in Bangalore and other major cities. But, in specific pockets such as employees having hot skills in new technology areas or those in Tier -2 cities - which are becoming more prominent tech hubs, attrition seems to be on the rise.” Mercer also indicated that the attrition level in tech companies is around 12 to 13% and in some cases, it goes up to 17 to 18%.
So what does the tech talent need to stay in software jobs in Bangalore and other cities for a longer period? Here are some things that the companies must bear in mind to retain the talent they have in hand:
Tech talent looks for better and challenging projects to work on in most high paying jobs in Bangalore and other cities. Over a period of time, redundancy takes over and the talent tends to lose interest in the current software jobs in Bangalore. This is the time when the tech talent starts looking for better job roles with competitive companies and opt for high paying jobs in Bangalore, Mumbai and so on.
Tech talent is often enthusiastic and curious to work on new technologies. Furthermore, they strive for recognition and appreciation for their work when they join software jobs. In Bangalore or any other city, when these factors are missing, they start looking for new work.
The tech talent certainly looks for better pay packets or high paying in Bangalore and other cities. In case, a fellow company offers a better pay package, the tech talent is likely to quit the existing job. Offering good remuneration and good perks and incentives will discourage the talent to switch jobs.
Lending a good work culture that will encourage the talent to grow in their respective roles will help you curtail the attrition level. The tech talent aims to take up new tasks that will keep them interested in the job. The tech talent seeks to get trained on the latest technology and work on new projects. When any or all of the above aspects do not meet, the tech talent is likely to drift away.
The tech companies find it difficult to find the relevant talent with the desired skills or in other words, “readymade talent”. In such a scenario, the companies should opt for incubation labs that offer training to the talent and make them job-ready from day one.
In this way, the companies can curtail their overhead costs of training and spending time and manpower in training the new recruits. Places like BridgeLabz Solutions offer fellowship programs and provide practical and logical training to tech talent.
Furthermore, places like BridgeLabz Solutions helps in bridging the skill gap and helps in making the talent employable. This model works for both the talent and the companies. It acts as a one-stop solution for the companies as they do not have to go looking for talent.
The talent also does not have to go looking for jobs. In this way, the corporates and the engineers are in a win-win situation. It also helps the talent learn industry-relevant skills and become active contributors to the tech space. While the talent gets a chance to upskill, the tech companies are also benefited as they get tailored and skilled talent.
The companies do not stand the risk of a bad hire. The talent stays happy as they get a chance to draw starting salaries of 4lacs going up to 8 lacs. In this way, the talent will not choose other companies for better pay packets as they are getting high paying jobs in Bangalore and other major cities. We can thus create a good ecosystem and ensure that both the tech talent and the tech companies are in a profitable situation.
You can get many high paying jobs in Bangalore with companies like Google, Microsoft, Paypal and others.
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