Don't hop jobs? You must be dumb!
Job hopping is in. Most youngsters today hop jobs at a rate that is alarming. Take the BPO / Call Center sector for instance. Job-hopping amongst young people working in the BPO sector has become the norm. It is common for youngsters to switch jobs for a few hundred rupees. The impact on the industry, is that attrition rises to levels that are not sustainable. Attrition levels of 30 - 40 percent in BPOs are now considered 'normal' while call centers routinely deal with a turnover of 60 - 75 percent of their workforce each year. Wage inflation is also rampant in the industry. Wages are being projected by leading manpower consultants, to rise by between 15 - 25 percent in 2007.
But the 'wage rise' is not the only reason why youngsters hop jobs. Shruti Ravindran in the Outlook writes that 'capitalising on a highly mobile job market, an increasing number of young Indians are rejecting the fabled Indian drone-worker ethic in favour of greater mental stimulation, constant learning, and the heady joy of loving what they do.
These young people are reinventing conventional wisdom, by saying it’s OK to change your career as often as you like, and there are more paths to a fulfilling life than sticking to the straight-and-narrow of one ‘safe’ job. They are part of a global trend. As BBC commenter Tim Marlowe said on his trend-tracking radio show recently, "Specialisation is a way of stopping you from larger knowledge systems."
Pic : www.pro-cv.co.uk
But the 'wage rise' is not the only reason why youngsters hop jobs. Shruti Ravindran in the Outlook writes that 'capitalising on a highly mobile job market, an increasing number of young Indians are rejecting the fabled Indian drone-worker ethic in favour of greater mental stimulation, constant learning, and the heady joy of loving what they do.
These young people are reinventing conventional wisdom, by saying it’s OK to change your career as often as you like, and there are more paths to a fulfilling life than sticking to the straight-and-narrow of one ‘safe’ job. They are part of a global trend. As BBC commenter Tim Marlowe said on his trend-tracking radio show recently, "Specialisation is a way of stopping you from larger knowledge systems."
Pic : www.pro-cv.co.uk
Comments
The people who are having talent were not been identified properly either by the management or by the HR process in the industry. As a result, are suffering for their careers. For eg:-- In the Target Corp., an employee who has done her masters in Stats&Maths was been asked to do simply a process of reporting since 8 months and was not interested to continue any more. She feels she may not forget what se has learnt in her yester's. There are lot of flips in the HR processes itself.
Regards
Anil Govindu