India’s Growth: Too Fast Too Furious?
Some might say that India's growth is just a little bit good to be true or some would imply that there are consequences in the country's outsourcing rapidly growing rate.
Figures have shown that outsourcing companies which are based in India have revealed a 50% growth rate in terms of employment. This means that an estimate of 50 or more people are needed to be hired everyday. The high number of people which are required to be met everyday also leads us to the question of competence of these hired employees.
Aside from competence, another problem which the Indian outsourcing market needs to deal with is the high turnover rate. Having too much job opportunity in the market is a little risky for companies because employees to "job-hop" from one to another.
For me, the growth in Indian outsourcing is inevitable but the problems or issues raised here could be prevented if companies are aware of these possible problems. Proper management of outsourcing operations and employees would be the best way in minimizing these problems.
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