JOB MARKET FOCUSING AT INDIAN COMPANIES OVER MNCs

Indian companies are getting recognized in the global arena so more and more people are getting attracted to opt for jobs in Indian companies rather than MNCs. Although working in MNCs had great value on the CV earlier but with Indian organizations gearing up to attract quality talent the competitive edge that MNCs enjoyed in the job market has been shared. Factors like higher salaries, structured training and induction programme, stints abroad, workplace benefits like gym , relishing food varieties at cafeteria as well as the brand equity are usually associated with MNCs but if we look into Indian companies like Godrej, Dabur, HCl all tend to offer the same or better benefits many times.

It is seen that MNCs prioritizes on the employee benefit schemes to provide them a healthy work culture to grow personally and professionally which is again another reason that youth prefer MNCs rather Indian firms to work with. Since at junior levels, people want to build skills so the emphasis is on who provides the best training and learning opportunities – areas where traditionally MNCs excel. Although in the long-run, working in domestic firms in the early years in career and can continue to explore the possibilities of working individually. MNC's have lesser scope of an individual being developed into an owner. But as people move up in the corporate ladder issues like flexibility to innovate, opportunities for making a significant difference in the business etc becomes the need for people and possibilities of such aspect can be better explored in Indian companies. For instance, Sriram Jagannath who is heading Bharti Airtel’s mCommerce initiative joined Indian telecom industry in 2009 after a 20 years stint with CitiBank. And he is among half a dozen senior executives who have joned Bharti Airtel from various MNCs around the globe.

If we look into the premier B-school like IMM-B’ 2010 placement season, more than 40 Indian firms were invited –double the invitees a decade earlier. Moreover Indian companies have come to realize that human resources are an important asset -their skills and abilities cannot be easily replicated by competitors so companies like HCL Technologies follow the ‘employee first-customer second’ approach.

So…..friends…as placements are knocking at the door…..have options open …..and keep going !!!!!!!