Business Mentor, Consultant And Trainer
Recruitment/talent Acquisition, Career Counselling
Thanks for sharing the article. Kudos to Business Today for their expose`. But then expose` has come couple of years later. Corruption for campus interviews is one thing and corruption at regular recruitment is another.
I heard that there are HR or Recruitment Managers, who have floated recruitment companies in the name of their wife or some relative. This recruitment company is "approved' vendor. Whenever there is a job vacancy, the company contacts other recruitment companies but practically each position has to be routed through wife's company. This wife's company keeps 1-2% profit and other portion is given to the original recruitment company that did the candidate search.
In some cases my friends told that to become "approved" recruitment partner, HR charges anything above Rs 1 Lakh depending on the volume of the business.
Anyway, these are the blues of "outsourcing". When the IT panjandrum will wake up to stem this malaise that god only knows!
26th December 2012 From India, Bangalore
While the expose does indeed look scary, I second Dinesh Divekar about corruption in regular recruitment.
The whole irony of the situation TODAY is that everyone was silent when it all began way back in the late-nineties [in the Y2K hiring boom--not sure how many today recollect that phase in Indian IT industry--when the people needs were in lakhs and that too within a span of 1 year & they needed to be hired 'come-what-may'], except that @ that time it were the IBM Mainframe Training Institutes rather than Engg Colleges.
I have had First-hand encounters with recruiters of well-known IT majors who point-blank used to mention what their 'rate/cut' was--that was the period when NONE @ the top encouraged any talk of corruption in IT industry. And one of the Major pioneers in this game in the Y2K era--so to say--has been a Major IT company that's still in news--on & off--for all the wrong reasons [and which has changed hands in 2009--no prizes for guessing].
Looks like this only proves all over again that 'a stitch in time saves nine'--when things were still @ a starting phase, everyone took a 'holier than thou' stand [I recollect the local HR Head from one of the IT Majors mentioned in the Report saying 'it can't happen here'] & now wrack their brains on what to do.
In a way, maybe we Indians learn & act only when things get desperate/critical--like it's been happening all over the country in a wide range of areas.
27th December 2012 From India, Hyderabad