Creating winning models of industry-academia partnerships

Technological advancements are reshaping our world every minute. Topics previously subject to movies are now very much part of our lives, and the world our grandparents saw vs. what our grandchildren will see will be radically different.

Changing times call for changing formats of partnerships, and given the fast pace of technological advancements, the future of the workplace requires reimagining collaborative partnerships between industry, academia and the skilling ecosystem. In a thought leadership paper released by MIT last year, there was a specific thrust on how companies are creating alternate sources of talent through innovative partnerships and TechBee, HCL’s Early Career Program is a great case in point.

TechBee – HCLTech’s Early Career Program is one such initiative that offers opportunities to develop skills and close the loop by providing job assurance. In a country where thousands of students appear for competitive exams and spend multiple years taking coaching, the opportunity provided by the TechBee program is unparalleled. The program is a unique blend of classroom and on-the-job training components. It offers a wide range of resources and support systems that can help individuals build their skills, gain experience, and ultimately launch their careers in technology. To learn more about this program, please visit: www.hcltechbee.com

Equitable Access: “We wanted to hire the best and ensure the opportunity provided by the TechBee Program reaches every corner of the country”, said Subbaraman Balasubramaniam, Sr. Vice President, HCLTech, highlighting the need for collaboration with several skilling organizations. HCLTech has collaborated with the National Skill Development Corporation (NSDC) to train the youth of India in state-of-the-art technologies over the next few years, preparing them for the ever-evolving IT sector and providing assured jobs within HCLTech. These programs are jointly certified by NSDC and HCLTech. Likewise, HCLTech has partnered with several state skill development missions across states of Madhya Pradesh, Maharashtra, Uttar Pradesh, Uttarakhand, Haryana, Karnataka, Kerela, Tamil Nadu, Govt. of Odisha, Bihar, Punjab, Mizoram and Govt of Jammu Kashmir to skill candidates for career opportunities in technology.

Higher Education Partnerships: Continuous skilling is essential, and we at HCLTech wanted to ensure that we offer multiple opportunities for people to upskill themselves while they work at HCLTech. For all people who undertake TechBee Program, they can pursue higher education programs with seven of the leading universities we have partnered with, including BITS Pilani, SASTRA University, IIM Nagpur, IIIT Kottayam, Amity University Online and KL University. These universities offer various programs designed specifically to meet the needs of the technology industry.

Job Assurance: The TechBee program provides candidates with the skills needed for the job and placement; this is an advantage that only a few other programs can offer. HCLTech offers this program to Class XII completed students and post-completion of the program; the job opportunities are with HCLTech only. Candidates undergo 12 months of training for entry-level IT jobs and, on successful completion, start their career in entry-level roles across Software Engineering, Infrastructure Management, Test Engineering, Design Engineering and Digital Process Operations at HCLTech offices across the globe.

Mentorship: One of the unique benefits of the TechBee Program is the mentorship and guidance provided by managers and senior colleagues. They offer advice and support to TechBees on projects and technical knowledge and guide them to navigate the early stages of their careers.

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HCL Technologies to double hiring to 15,000 in FY21

Noida-based IT firm HCL Technologies plans to nearly double its hiring to 15,000 in fiscal 2021, Apparao VV, company’s chief human resources officer said.

For fresh recruits, the annual pay package varies between Rs3.5 lakh and Rs3.8 lakh. Management graduates on the other hand have to go through company’s Global Engagement Manager programme, where salaries range from 13 lakh to 17 lakh per annum, according reviews posted on Glassdoor, an online job search portal.

HCL also hires students after class 12. For this, a dedicated programme, HCL TSS (HCL Training & Staffing Services), bridges the much-needed gap between deserving talent and vacant jobs that is difficult to fill due to lack of skills.

“We continue to see the dip in attrition, and it stands at 16.8% at 10 bps lower than what it was a quarter ago. The wage hike cycle is complete and the top performers got 10% to 12% and at onsite it is 3% to 4% appraisal,” Apparao said adding that the company’s focus on attrition is intact.

Local hires form 67% of HCL’s workforce in the US. “We would like to operate in that range because we do believe that that gives us good flexibility in terms of workforce mix in US,” added Apparao.