Dubai International Film Festival
Glasses suited for short sighted and long sighted
We are the World...
Women and Anger
Music and Cholesterol
Cutting costs is the refrain of all companies now that the global market is tottering. This is more true of the IT and BPO industries where a lot of money goes into training and transportation. What the industries now strongly feel is that the government should help them by providing the right kind of education for those entering the professional world. Infosys, for example, spends 2.5 % of its total revenue in training the new entrants. This would mean saving millions of dollars a year for the company!
While in the US, training lasts only for two weeks, in India the training period comes to around 16 to 17 weeks. IT companies are therefore spending $5,000 on each candidate and the BPO industry is spending around $3000 per employee. It is very obvious that the government has to lend a helping hand to the industries by providing education that makes students ready for the workforce rather than an education that makes them good parrots.