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IT biggies to woo foreign grads with paid internships
By
SiliconIndia,Sunday, 01 November 2009, 18:52 Hrs
Mumbai: Indian IT companies are attracting talent from German, Swiss and Austrian universities to work in India as paid interns. Infosys, Wipro, Cognizant and Mindtree are among the nine companies that have taken the lead by joining hands with the Frankfurt-based Vibe Internships to create 50 paid internship positions in Mumbai, Chennai and Bangalore, said Dr Karl Kurbel, Project Supervisor of Vibe Internships and Head of the Business Informatics Chair at the European University Viadrina (EUV) to Business Line.
The interns will be paid between 150 euro and 600 euro (approximately
10,000- 40,000) a month for three- to six-month projects for business development, test automation, software development. Unlike U.S., European countries have been a bit reserved when it comes to sending people to India due to cultural issues and linguistic barriers.
Indian IT firms are evaluating this initiative in the context of their market development and brand building strategy for Germany. "As part of our brand building initiatives in Germany, we will get these interns to work out of our centers here as a result of which they will gain considerable exposure to the global delivery model. Our endeavor is to hire the best of these interns for client facing operations in Germany," said Nandita Gurjar, Senior Vice-President and Global HR Head, Infosys Technologies.
As of 2008, the market for IT services in Germany was 33 billion euro. While the case for offshore services is slowly registering in the minds of German managers, only a very few really believe it is a strategic imperative.
This program could help clear misgiving about offshoring causing job losses, as the participating offshore firms will create a significant number of new employment opportunities for top talent in Germany, said Peter Schumacher, President and CEO of Value Leadership Group, a strategic management consultancy firm, which advised Prof Kurbel and Vibe Internships for the initiative.
Puneet Jetli, Head, People Function, at the Bangalore-based Mindtree Consulting, said the company was still working out the stipend details for the initiative. "We will try to structure the stipend in such a way that the interns can help recover the costs as well as see a bit of India," he said.
Cognizant, Hexaware and L&T Infotech have also agreed to participate in this internship program.
The interns will be paid between 150 euro and 600 euro (approximately
10,000- 40,000) a month for three- to six-month projects for business development, test automation, software development. Unlike U.S., European countries have been a bit reserved when it comes to sending people to India due to cultural issues and linguistic barriers. Indian IT firms are evaluating this initiative in the context of their market development and brand building strategy for Germany. "As part of our brand building initiatives in Germany, we will get these interns to work out of our centers here as a result of which they will gain considerable exposure to the global delivery model. Our endeavor is to hire the best of these interns for client facing operations in Germany," said Nandita Gurjar, Senior Vice-President and Global HR Head, Infosys Technologies.
As of 2008, the market for IT services in Germany was 33 billion euro. While the case for offshore services is slowly registering in the minds of German managers, only a very few really believe it is a strategic imperative.
This program could help clear misgiving about offshoring causing job losses, as the participating offshore firms will create a significant number of new employment opportunities for top talent in Germany, said Peter Schumacher, President and CEO of Value Leadership Group, a strategic management consultancy firm, which advised Prof Kurbel and Vibe Internships for the initiative.
Puneet Jetli, Head, People Function, at the Bangalore-based Mindtree Consulting, said the company was still working out the stipend details for the initiative. "We will try to structure the stipend in such a way that the interns can help recover the costs as well as see a bit of India," he said.
Cognizant, Hexaware and L&T Infotech have also agreed to participate in this internship program.
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Reader's comments (22)
1: It is not so bad as we think. This is the
time of growing India as almost talents have
to move to India as India getting top most
position in the world. If talents from other
countries are called to work here, it is
better opportunities for the Indians to grow
up their skillness, to learn their tchnique,
because the competitions will be increased
then skillness of Indians will be
automatically increased in the all fields as
they will have to do for betterment getting
the jobs. Think Positive & be more
progressive.
Posted by: sudha asthana - 02 Nov, 2009
2: All I can say is this may be a wrong news!
i don think companies like cogz LnT and wipro are fools to go europe in search of talent when there is plenty available in india!
whoz the reporter?
i don think companies like cogz LnT and wipro are fools to go europe in search of talent when there is plenty available in india!
whoz the reporter?
Posted by: Sandeep - 02 Nov, 2009
3:no sandy, if u see. lot of high quality of
software is written actually by programmers
of eastern europe(RUSSI,POLES,DANISH,GERMANS
ETC)..we assume that americans are good in
that..that is a wrong assumption..american
are more into business..so actually if indian
business want to break away from their family
business show on which many serials are based
where founder is still in the show, then it
looks good..they are seriously assuming to do
some good work...my only lament is that when
it came to give good work to indians, no one
is supporting it
peterparker replied to: Sandeep
post - 03 Nov, 2009
post - 03 Nov, 2009
4: Talk is cheap, They talk about talent crunch,
need more training, now hire intern from
west. Who going to come to work as intern in
india, they trying to pressure employees. its
true that talent can't be created over night.
These indian IT companies are marely a
technical recruiters borne out of opportunity
of IT boom in USA. Its management whom to
blame not employees, intern can not invent
and trun IT companies into innovation hub,
they could have aquired software or IT
companies, how many aquisition india made
compare to china, but no one want to spend
any single penny, after all we all Indians.
Posted by: Indian - 02 Nov, 2009
5: It the financial bottomlines and underbellies
folks, ...
Please understand this. Unlike the US, a greater part of the affluent Europe does not speak English, does business either in German, French, Danish or Russian. With $33B to salivate after, why should any sane businessman ingore the need to recruit some locals to help find the market.
Image? My foot - these are the very companies that have drained employment opportunities for aspiring young people in the developed nations. This might sound like unpatriotic to some you in India, but having lived on both sides of hte national divide, I have seen first hand how many US people are thrown on the wayside to help corporate greed in both US and India. If the pathetic working conditions are any indication, those in India should also realize these IT slave camps do not exist to get jobs to India, but bilk the people everywhere. If IT labor becomes cheaper in China tomorrow, Premzi and Narayana Murthy will be singing the glories to human rights repression in China, while hiring cheap.
Also, please consider this: the minimum wage in the US is $7.25, or approximately 6 Euros per hours. At the rate of 160 hours per month, the minimum wage in the US should be 960 Euros. Gentlemen - what these India SW gaints are willing to pay to these interns is well below minimum wage in their respective countries, folks! Of course, the opportinity to see India might appeal to some, but I will guarantee that they will be tne best from their respective schools. nor will be interested in the scrap of scrap projects outsourced to these Indian firms.
Please understand this. Unlike the US, a greater part of the affluent Europe does not speak English, does business either in German, French, Danish or Russian. With $33B to salivate after, why should any sane businessman ingore the need to recruit some locals to help find the market.
Image? My foot - these are the very companies that have drained employment opportunities for aspiring young people in the developed nations. This might sound like unpatriotic to some you in India, but having lived on both sides of hte national divide, I have seen first hand how many US people are thrown on the wayside to help corporate greed in both US and India. If the pathetic working conditions are any indication, those in India should also realize these IT slave camps do not exist to get jobs to India, but bilk the people everywhere. If IT labor becomes cheaper in China tomorrow, Premzi and Narayana Murthy will be singing the glories to human rights repression in China, while hiring cheap.
Also, please consider this: the minimum wage in the US is $7.25, or approximately 6 Euros per hours. At the rate of 160 hours per month, the minimum wage in the US should be 960 Euros. Gentlemen - what these India SW gaints are willing to pay to these interns is well below minimum wage in their respective countries, folks! Of course, the opportinity to see India might appeal to some, but I will guarantee that they will be tne best from their respective schools. nor will be interested in the scrap of scrap projects outsourced to these Indian firms.
Posted by: hkpt16384 - 02 Nov, 2009
6:In retrospect, these IT firms are timing it
well to employ some candidates from developed
countries - at a time when an economic
cluster bomb (engineering by the big banks in
the US & Europe) as sucked our all
employment oxygen from their respecive
nation.
But 600 paid internships between 9 companies that collectively employ some 500,000 people? For less than minimum wage, ...
I hope silicon India will stay around to report the success of this program.
By starting like "Indian IT companies are attracting talent from, ..." Silicon India seems to declare success even before the program took footing on ground. Looks like Si India & Nasscom are the propaganda wings of these IT companies. Just like MSNBC is the propaganda arm of GE.
But 600 paid internships between 9 companies that collectively employ some 500,000 people? For less than minimum wage, ...
I hope silicon India will stay around to report the success of this program.
By starting like "Indian IT companies are attracting talent from, ..." Silicon India seems to declare success even before the program took footing on ground. Looks like Si India & Nasscom are the propaganda wings of these IT companies. Just like MSNBC is the propaganda arm of GE.
hkpt16384 replied to: hkpt16384
post - 02 Nov, 2009
post - 02 Nov, 2009
7: It really is pathetic for a developing
country like India, which is considered to be
IT hub, to have it's own companies looking
for talent outside the country. This
certainly is a matter to be concerned,
because hiring from outside does not profit
our companies as well, and if it is the case,
then there is something serious for us
Indians to think about.
The institutions in India too need to be monitored closely, for quality of education provided. This needs to be treated as a serious issue and the Govt. needs to take some necessary action. Else, in no time, the companies might start moving out of the country as well.
The institutions in India too need to be monitored closely, for quality of education provided. This needs to be treated as a serious issue and the Govt. needs to take some necessary action. Else, in no time, the companies might start moving out of the country as well.
Posted by: Kishore Krishnan - 02 Nov, 2009
8: instead of creating opportunities for
india... companies are getting diversified
elsewhere...
it is better to absorb trainee of mca.. and M.E students of final year..-sunil
it is better to absorb trainee of mca.. and M.E students of final year..-sunil
Posted by: sunil - 02 Nov, 2009
9: This way the IT Companies in India have
advantage of getting foreign trained
Graduates. In German Universities after Two
Semesters (M.Sc Program) one has to work in
an Industry as Practicum for 6 months
followed by Thesis (6 Months). This
practicum/thesis, the Students of Indian
origin can work in India. The Bright Students
can be absorbed by IT Indian Companies.
Dr.A.Jagadeesh Nellore (AP)
Dr.A.Jagadeesh Nellore (AP)
Posted by: Dr.A.Jagadeesh - 02 Nov, 2009
10: I agree that when there are so many
unemployed people in India it is not the
right thing to go abroad and offer jobs. But
on the hindsight, I think what they are doing
is trying to bring in some diversity among
the work culture. Its not like they are
recruiting people in 1000's from abroad and
ignoring the indian workforce. If anything we
should be thankful to these IT companies for
putting India on the global map. It is just a
handful of people who are being selected and
also it should definitely help the companies
in spreading the great indian story abroad.
Posted by: Ubercool - 02 Nov, 2009
11: who else will do german translation?
Posted by: Indian Intern - 01 Nov, 2009
12: There are lakhs of intelligent educated
Indian grads who could be trained -
employment scenario of India could be
improved.But these IT companies hardly
consider themselves Indian.
Posted by: Arin - 01 Nov, 2009
13: In that much money they can hire two, maybe
three interns from India. What a waste
Posted by: Deepa - 01 Nov, 2009
14:There is an old saying "Charity begins at
home". I think our IT giants need a brush up.
arijit replied to: Deepa
post - 01 Nov, 2009
post - 01 Nov, 2009
15: Hello, No company does charity work. why are
we worried about IT companies offering few
jobs to foreigners? we are getting lots of
employment in foreign countries. world has
become global.
Subra Kondaveeti replied to: arijit
post - 02 Nov, 2009
post - 02 Nov, 2009
16:atrocious.that is all i can say about these
guys.when you are yourselves underestimating
the quality of engineers in your country what
will outside people say? i think the
government should keep a watch on this.just
think do companies in germany and austria
give such offers to us?
Kashif Nawaz replied to: Deepa
post - 01 Nov, 2009
post - 01 Nov, 2009
17: Hello Folks, leaving two or three, I feel
most of the comments made are quite
ammaturish. Please remember three things .
1. The decision makers in these IT Companies are Indians
2. The article never said that it is only engineers who are employed here.
3. You cant hire and make use of an single employee if you dont have work(Projects to work on) and those can be acheived only through business deals and relations.
In this case, I can see three advantages to IT companies and Indian Talent.
1. Europe is a much mature and unexplored market than US. By hiring some interns, IT companies are making their presence felt in EU by spending almost peanuts
2. Remember, They are hiring for internships, not full time jobs, once, if the company can impress the young grad or post grad in these 6 months, imagine the image they carry back to EU and hence forth to the company they join later from University. It can be our potential client and he can be a potential referee for an Indian IT Company in EU.
3. And finally, they are using these Interns (for 3-6 months) as a fill in for the part time requirements in the specific feilds.(like German Translations, Client Relationships etc) and they also learn from this intern about the Business atmosphere in EU inorder to establish themselves as a new Business players in EU.
from either of the three ways, this will fuel the business in India and I can see a whole lot of new employement opportunities for Indians in future.
So, dont make a heck about this issue. This is inturn a good sign for us :)
1. The decision makers in these IT Companies are Indians
2. The article never said that it is only engineers who are employed here.
3. You cant hire and make use of an single employee if you dont have work(Projects to work on) and those can be acheived only through business deals and relations.
In this case, I can see three advantages to IT companies and Indian Talent.
1. Europe is a much mature and unexplored market than US. By hiring some interns, IT companies are making their presence felt in EU by spending almost peanuts
2. Remember, They are hiring for internships, not full time jobs, once, if the company can impress the young grad or post grad in these 6 months, imagine the image they carry back to EU and hence forth to the company they join later from University. It can be our potential client and he can be a potential referee for an Indian IT Company in EU.
3. And finally, they are using these Interns (for 3-6 months) as a fill in for the part time requirements in the specific feilds.(like German Translations, Client Relationships etc) and they also learn from this intern about the Business atmosphere in EU inorder to establish themselves as a new Business players in EU.
from either of the three ways, this will fuel the business in India and I can see a whole lot of new employement opportunities for Indians in future.
So, dont make a heck about this issue. This is inturn a good sign for us :)
Nanda Kishore replied to: Kashif Nawaz
post - 03 Nov, 2009
post - 03 Nov, 2009
18: Leave apart what ouside people will say..
just think the unemployment in our soil..and
they are creating jobs for thse guys.
arijit replied to: Kashif Nawaz
post - 02 Nov, 2009
post - 02 Nov, 2009
19: Exactly agreed with Kashif, when the people
in India thinks low grade and cheap workers
about ourself then, we don't have any way to
stop thinking same about Indian workers, we
must change our mentality and so force others
to same, i thought Indian professionals are
great and has a very respectful place in
World atleast in my work i know many peoples
who are at the top.
Ashish Gilhotra replied to: Kashif Nawaz
post - 01 Nov, 2009
post - 01 Nov, 2009
20:what a cheap mocking of indian people
itself..THEY PROVIDE ALL LOW,CHEAP WORK TO
INDIANS PAYING THEM POORLY AND LAMENTING FOR
THE QUALITY AND NOW THEY ARE HIRING
FOREIGNERS TO DO GOOD WORK...still slavish
mentality
peterparker replied to: Deepa
post - 01 Nov, 2009
post - 01 Nov, 2009
21: white man,s burden!
kvvarma replied to: peterparker
post - 02 Nov, 2009
post - 02 Nov, 2009
22: From my personal experience, I'll just say
that Indian's at the current moment are not
treated well in foreign countries and many
countries have resorted in replacing the
Indian man force with people from Philippines
etc. Indians have always shown remarkable
growth in any field of work and are always at
the top most, but in the current market
scenario they need people who are more into
(buttering which i feel Indians resist as
they have more of integrity. The best options
i would feel is provide the opportunity to
Indians rather than foreigners or call back
some part of Indians who have worked in these
countries. This way you hire your own people
& diversify in the business world.
Tariq replied to: kvvarma
post - 03 Nov, 2009
post - 03 Nov, 2009
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