Freshers prefer other sectors over IT
By
siliconindia news bureau
Chennai: Fresh IT graduates are now willing to prefer jobs other than in the software sector as they are increasingly moving towards various sectors like automotive, electronic and other manufacturing sectors as a result of high pay packages, world class facilities and overseas postings offered by those sectors, reported Business Line.
Though offers are still flooding from IT sector, many of the fresh faces are approaching other sectors also as they don't want to get benched. "You don't get to see the larger picture, you only do your module and that's it; we don't want to be a faceless entity among the thousands of IT industry recruits;" "we don't want to be treated on par with science graduates," some IT graduates said.
"Freshers are increasingly aware of the options and value the quality of job content, satisfaction and career growth,"said, E. Balaji, CEO, Ma Foi Management Consultants.
He further added, "The last 18-24 months have been a challenging phase for the IT industry - it started last year with the rupee appreciation, and this year the industry was hit by the U.S. slowdown, sub-prime lending issues and the BFSI sector globally going through a challenging phase. The slowdown in IT could be a gain for other sectors."
B. Santhanam, Managing Director, Saint Gobain Glass India, sees many themes emerging. "While long term prospects for the IT industry are good, the present slowdown is causing a reappraisal of jobs in the IT sector by students and their families, which have a huge role to play in job choices," he mentioned.
Also, he says, in the quest for numbers, the IT industry recruited in droves, with perhaps many not really fit for IT. "While this reassessment is happening, the manufacturing industry too has picked up steam," he said.
Though offers are still flooding from IT sector, many of the fresh faces are approaching other sectors also as they don't want to get benched. "You don't get to see the larger picture, you only do your module and that's it; we don't want to be a faceless entity among the thousands of IT industry recruits;" "we don't want to be treated on par with science graduates," some IT graduates said.
"Freshers are increasingly aware of the options and value the quality of job content, satisfaction and career growth,"said, E. Balaji, CEO, Ma Foi Management Consultants.
He further added, "The last 18-24 months have been a challenging phase for the IT industry - it started last year with the rupee appreciation, and this year the industry was hit by the U.S. slowdown, sub-prime lending issues and the BFSI sector globally going through a challenging phase. The slowdown in IT could be a gain for other sectors."
B. Santhanam, Managing Director, Saint Gobain Glass India, sees many themes emerging. "While long term prospects for the IT industry are good, the present slowdown is causing a reappraisal of jobs in the IT sector by students and their families, which have a huge role to play in job choices," he mentioned.
Also, he says, in the quest for numbers, the IT industry recruited in droves, with perhaps many not really fit for IT. "While this reassessment is happening, the manufacturing industry too has picked up steam," he said.
Reader's comments(16)
1
Crisis in Financial and IT Sectors can not be resolved by other sectors because
they are now real backbone of all other sectors. Pl. be careful without backbone
none system can work.
they are now real backbone of all other sectors. Pl. be careful without backbone
none system can work.
Posted by:
Jignesh Shah
2
U.S. Economy has to come up because it's considered economically most capable
country. We also should see the rise in prices of Stocks, Commodities etc have
to come to a reasonalble level. This is an economical cycle which may try to
stable the reasonablity of level of prices and values. Also consider over the
cheater and short gaining Investment banks, don't they have to wipe off from
market? Good time of wiping off non ideal financial institutions. USA has still
Great reserve of Natural Resources(Crude, Coal, Gold, Platinum, Uranium, Copper
etc) to survive its people. Short sighted can not stand to swim through such
ecomonical cycles.
country. We also should see the rise in prices of Stocks, Commodities etc have
to come to a reasonalble level. This is an economical cycle which may try to
stable the reasonablity of level of prices and values. Also consider over the
cheater and short gaining Investment banks, don't they have to wipe off from
market? Good time of wiping off non ideal financial institutions. USA has still
Great reserve of Natural Resources(Crude, Coal, Gold, Platinum, Uranium, Copper
etc) to survive its people. Short sighted can not stand to swim through such
ecomonical cycles.
Posted by:
Jignesh Shah
3
Hai, mee too an ITian.
I suffered a lot with this IT industry.
I got selected for a company(mnc) on November26, 2007 and asked me to wait
untill they mail me.
Since,february 15,2008 they tested my patiency and said they are not taking
anybody into the company as they already taken the selected people.i vexed with
these IT people.Mean while i lost all the other company offers.But, with love on
programming, at last I placed in one company.so, please my dears (2008
freshers),dont keep hopes on IT companies,please try some other for a bright
future.
NandaKumar
I suffered a lot with this IT industry.
I got selected for a company(mnc) on November26, 2007 and asked me to wait
untill they mail me.
Since,february 15,2008 they tested my patiency and said they are not taking
anybody into the company as they already taken the selected people.i vexed with
these IT people.Mean while i lost all the other company offers.But, with love on
programming, at last I placed in one company.so, please my dears (2008
freshers),dont keep hopes on IT companies,please try some other for a bright
future.
NandaKumar
Posted by:
Nandu
4
evergreen "Electrical"...........nevergain "IT"
Posted by:
ashwani tiwari
5
Dear friend'
i am also a it Professional but i have choosen electrical field 7 now i am
happy with my dission.
ARE YOU ?
i am also a it Professional but i have choosen electrical field 7 now i am
happy with my dission.
ARE YOU ?
Posted by:
ASHWANI TIWARI
6
I think some of the industries might keep their recruited people safe, as Wipro
Posted by:
Sachin Kumar
7
not only it anyting which get saturated should get diffused so its time for it
to diffuse it braught both plus and minus in india but surely it braught a blow
to basic sciences lets see if basics science will hit it now r not
to diffuse it braught both plus and minus in india but surely it braught a blow
to basic sciences lets see if basics science will hit it now r not
Posted by:
rudresh
8
This IT slow down will remain until the US economy will stable.SO i think this
slowdown will remain till 2012. But as i know only the Insurance and bank
sectors are mostly affected.Pure IT firm is not affected.So dont worry be Happy
Guys...
slowdown will remain till 2012. But as i know only the Insurance and bank
sectors are mostly affected.Pure IT firm is not affected.So dont worry be Happy
Guys...
Posted by:
Pushkar
9
what goes up(unnaturally) has to come down. In the name of IT growth, every
other sector in the country has suffered. The only section which has immensely
benefited was Real Estate. They have fleeced money from software engineers. In
this process only 5% population has benefitted and the remaining 95% of the
population has suffered and continue to suffer in the years to come. IT boom
has indeed done some good for a few but damaged lot many sectors and lot many
people in this country. Surely the sum total of the effect is a BIG NEGATIVE
which common people will realise in the years to come.
other sector in the country has suffered. The only section which has immensely
benefited was Real Estate. They have fleeced money from software engineers. In
this process only 5% population has benefitted and the remaining 95% of the
population has suffered and continue to suffer in the years to come. IT boom
has indeed done some good for a few but damaged lot many sectors and lot many
people in this country. Surely the sum total of the effect is a BIG NEGATIVE
which common people will realise in the years to come.
Posted by:
vmkr
10
Every thing has two sides. This is good news that now there is many
opportunities in India where college freshers has options to choose. I see this
as growing opportunities in India. Global slowdown will add more jobs in India
and other low cost countries as companies will try to outsource maximum possible
works to reduce the cost.
Lets hope for the best for every Indian.
opportunities in India where college freshers has options to choose. I see this
as growing opportunities in India. Global slowdown will add more jobs in India
and other low cost countries as companies will try to outsource maximum possible
works to reduce the cost.
Lets hope for the best for every Indian.
Posted by:
Atul
11
Yep... If this situation continues then there is no other choice than going to
Non-IT sector... Most of these freshers are not getting confirmation letter to
join though they got offer letter...
-- Shilpa
I use www.MyGoogle.co.in how about
you?
Non-IT sector... Most of these freshers are not getting confirmation letter to
join though they got offer letter...
-- Shilpa
I use www.MyGoogle.co.in how about
you?
Posted by:
Shilpa
12
In the 2008 batch ,even the 75% IT fresher did'nt get the job and placed student
also not getting the offer later in the company and future of IT is blamed here.
also not getting the offer later in the company and future of IT is blamed here.
Posted by:
sathis
13
I am Sorry to say ..........Does IT dector had any "Luster"..........it is a
metallic property which a computer cannot posess ,which is naturally on
"metals"
Indian economy is imbalanced heftyly on IT sector.which should be looked on by
the reformers.........
what the work an ITguy does and what the work a foundry guy does.......
a request to all .......please check the difference in their salaries.........
why is this difference .........ask ur heart...........
and now the days for hard working guys would be brighter again..............
metallic property which a computer cannot posess ,which is naturally on
"metals"
Indian economy is imbalanced heftyly on IT sector.which should be looked on by
the reformers.........
what the work an ITguy does and what the work a foundry guy does.......
a request to all .......please check the difference in their salaries.........
why is this difference .........ask ur heart...........
and now the days for hard working guys would be brighter again..............
Posted by:
Vasprung
14
IT is a sector which changed the middle-class living style in India. Because of
IT Growth we have seen growth in various sectors( Travel, Real Estate, Auto,
Hotels, etc). It might be slow growth story for now, but it remains one of the
Top Paying sector.
IT Growth we have seen growth in various sectors( Travel, Real Estate, Auto,
Hotels, etc). It might be slow growth story for now, but it remains one of the
Top Paying sector.
Posted by:
Vasudeva
15
As always said, too much is too bad, Before everything getting screwed, it will
burn very brightly... IT industries were just thinking of giving the pay by
converting dollars into rupees, but they never think what if dollar rate goes
down... Now Be ready to face the inflation....
Rakesh, Royal Mechanical
burn very brightly... IT industries were just thinking of giving the pay by
converting dollars into rupees, but they never think what if dollar rate goes
down... Now Be ready to face the inflation....
Rakesh, Royal Mechanical
Posted by:
Rakesh
16
this is a clear thing .. the IT sector is losing its luster ..
Posted by:
manashi
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