essence
In times of high margins and growth, the IT sector can afford to retain benches of unemployed workers. But when margins came under pressure, it had to resort to just-in-time hiring. Now, after the hiring spree, the industry is looking towards a slowdown. In addition to short-term measures, companies are looking at slow-impact but long-term changes to fix their talent issues.
Many of the HR departments of India’s IT companies can remember a toy from their childhood. In its most basic form, it was a palm-sized wooden or plastic plate containing a circular labyrinth. The challenge was to roll half a dozen small steel balls through the maze by tilting the plate to the ‘home’ circle in the center. IT industry experience with employees during last two years reminiscent of ball-in-a-maze
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