Eager to secure more visas for skilled foreign workers, tech companies have stepped up their lobbying this week in support of a comprehensive US immigration reform bill.
Human resources executives from Adobe, Broadcom, Intel, Motorola Solutions and other corporations met with dozens of lawmakers and senior advisers on Wednesday from the congressional committees in charge of immigration laws. They also spoke to a wide array of Democratic and Republican senators including some on-the-fence Republicans, such as Mark Kirk of Illinois and Rob Portman of Ohio, and some who have voiced opposition, including Mike Lee of Utah.
Lawmakers who favor the bill "have been urging us to work with them to make sure that the bill gets passed with the highest number of votes possible," said Robert Hoffman, senior vice president with the Information Technology Industry Council trade group.
Source:EconomicTimes
Thursday, June 20, 2013
IT market
Finding good job not easy for skilled migrants in Australia: Study
Securing a suitable employment can be a long, difficult and disappointing process for migrants coming to Australia, who often take up jobs that are low-paid and not commensurate to their skills, according to a new study led by an Indian-origin psychology professor.
At the time of being surveyed, over 50 per cent of the participants were unemployed, said the study by the University of Western Sydney (UWS).
While some participants (seven per cent) had secured jobs prior to their arrival, approximately 42 per cent reported spending between 1-6 months looking for jobs and others (23 per cent) reported spending 7-12 months or more than one year (26 per cent) job-searching.
The study report titled 'Apply Apply Negative Reply: Understanding Job-Seeking Experiences of Culturally and Linguistically Diverse Job-Seekers in Australia' was led by Renu Narchal from the School of Social Sciences and Psychology.
Source: EconomicTimes
At the time of being surveyed, over 50 per cent of the participants were unemployed, said the study by the University of Western Sydney (UWS).
While some participants (seven per cent) had secured jobs prior to their arrival, approximately 42 per cent reported spending between 1-6 months looking for jobs and others (23 per cent) reported spending 7-12 months or more than one year (26 per cent) job-searching.
The study report titled 'Apply Apply Negative Reply: Understanding Job-Seeking Experiences of Culturally and Linguistically Diverse Job-Seekers in Australia' was led by Renu Narchal from the School of Social Sciences and Psychology.
Source: EconomicTimes
Cisco, IT market
Cisco to open new centre in Israel
US technology giant Cisco plans to open a new research and development center in Israel, the company's CEO John Chambers said during his meeting with Israel's Minister of Finance Yair Lapid.
The new centre is expected to offer 100 jobs, to be added to about 2,000 employees already working at Cisco center in Israel, reported Xinhua.
Chambers on Tuesday said the new project, whose main focus is information security, would be based on knowledge accumulated at NDS, an Israeli hi-tech company acquired last year by Cisco for $5 billion.
Source: CIOL
The new centre is expected to offer 100 jobs, to be added to about 2,000 employees already working at Cisco center in Israel, reported Xinhua.
Chambers on Tuesday said the new project, whose main focus is information security, would be based on knowledge accumulated at NDS, an Israeli hi-tech company acquired last year by Cisco for $5 billion.
Source: CIOL
Wednesday, June 19, 2013
IT market, jobs, TCS
TCS non-Indian employee number crosses 21,000
Tata Consultancy Services, India's largest IT services company has more that doubled the number of its non-Indian employees during the last three years.
According to the company, as on 31 March 2013, it had 21,282 non-Indians on its rolls belonging to 118 nationalities. This is an increase of about 20% over the previous years. In 2009-10, the company employed 9,536 foreign nationals.
The company said the highest number of its non-Indian employees are Britishers with a share of close to 19% followed by Americans at 15.4%. About 10% of its non-Indian employees are from China where TCS has a strong presence, the Mumbai-based company said in its annual report for 2012-13.
TCS also said that the company has improved the ratio of women in its total workforce to 32.40% at the end of FY13 as compared to 31.60% as on March 31, 2012. "Our progressive policies and customised programmes such as executive education programme for women in mid-management, interactive forums and women discussion circles address the aspirations and needs of our women employees," it added in the report.
Source: Business-Standard
According to the company, as on 31 March 2013, it had 21,282 non-Indians on its rolls belonging to 118 nationalities. This is an increase of about 20% over the previous years. In 2009-10, the company employed 9,536 foreign nationals.
The company said the highest number of its non-Indian employees are Britishers with a share of close to 19% followed by Americans at 15.4%. About 10% of its non-Indian employees are from China where TCS has a strong presence, the Mumbai-based company said in its annual report for 2012-13.
TCS also said that the company has improved the ratio of women in its total workforce to 32.40% at the end of FY13 as compared to 31.60% as on March 31, 2012. "Our progressive policies and customised programmes such as executive education programme for women in mid-management, interactive forums and women discussion circles address the aspirations and needs of our women employees," it added in the report.
Source: Business-Standard
IT market, jobs
Big data to create 4.4 mn jobs by 2015
Worldwide IT spending is forecast to surpass $3.7 trillion in 2013, a 3.8 per cent increase from 2012 projected spending of $3.6 trillion, but it is the outlook for big data that is creating much excitement, according to Gartner.
"By 2015, 4.4 million IT jobs globally will be created to support big data, generating 1.9 million IT jobs in the United States," said Peter Sondergaard, senior vice president, Gartner and global head of Research. "In addition, every big data-related role in the US will create employment for three people outside of IT, so over the next four years a total of 6 million jobs in the US will be generated by the information economy."
"But there is a challenge. There is not enough talent in the industry. Our public and private education systems are failing us. Therefore, only one-third of the IT jobs will be filled. Data experts will be a scarce, valuable commodity," Sondergaard said. "IT leaders will need immediate focus on how their organization develops and attracts the skills required. These jobs will be needed to grow your business. These jobs are the future of the new information economy."
Source: CIOL
"By 2015, 4.4 million IT jobs globally will be created to support big data, generating 1.9 million IT jobs in the United States," said Peter Sondergaard, senior vice president, Gartner and global head of Research. "In addition, every big data-related role in the US will create employment for three people outside of IT, so over the next four years a total of 6 million jobs in the US will be generated by the information economy."
"But there is a challenge. There is not enough talent in the industry. Our public and private education systems are failing us. Therefore, only one-third of the IT jobs will be filled. Data experts will be a scarce, valuable commodity," Sondergaard said. "IT leaders will need immediate focus on how their organization develops and attracts the skills required. These jobs will be needed to grow your business. These jobs are the future of the new information economy."
Source: CIOL
IT market, jobs
27 percent Indian staff set to switch jobs
Globally, the number of workers taking flight is expected to reach 161.7 million in 2014 - a 12.9 per cent increase in people leaving compared to 2012, says a Hay Group study.
Over the next five years, 49 million more employees as compared to 2012 are going to leave their current employers and switch jobs, global management consultancy, Hay Group's new research, in association with the Centre for Economics and Business Research (Cebr), has revealed.
As far as India is concerned, it finds itself in the eye of the storm, with a predicted employee turnover of 26.9 per cent (in the organized sector) in 2013 - the highest attrition rate globally.
The study, Preparing for Take-Off, covers 700 million employees in 19 countries worldwide and is based on a unique Hay Group macroeconomic model that analyzes the main factors affecting employee turnover across the globe, stated a release.
Over the next five years, 49 million more employees as compared to 2012 are going to leave their current employers and switch jobs, global management consultancy, Hay Group's new research, in association with the Centre for Economics and Business Research (Cebr), has revealed.
As far as India is concerned, it finds itself in the eye of the storm, with a predicted employee turnover of 26.9 per cent (in the organized sector) in 2013 - the highest attrition rate globally.
The study, Preparing for Take-Off, covers 700 million employees in 19 countries worldwide and is based on a unique Hay Group macroeconomic model that analyzes the main factors affecting employee turnover across the globe, stated a release.
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