Reality of More IT Contract Jobs in 2024 - Behind The Scenes of Contract Hiring at TCS Wipro Infosys

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On this channel, I talk regularly about IT Industry and the reality of IT Jobs as well as the future of IT Industry in India. I have also shared the business insights from quarterly results of IT Companies like TCS, Wipro, Infosys, HCL, and the like. The reality of IT Jobs which I share on this channel can help many IT employees decide on the next steps they should take in their career and what should be the course of their career trajectory depending on the latest IT Industry news or IT News. You can follow the channel for TCS News, Infosys News, Wipro News, among other topics related to the future of IT Industry in Inida.
In this video, I shared the reality of IT Contract Jobs and did an analysis of IT Contractor vs Permanent Jobs at IT Service companies like TCS, Wipro, and Infosys. IT Jobs and IT layoffs news have made people think about the upcoming IT Jobs in India and what will be the future of IT Employees.I have made this video considering that many upcoming IT Jobs are IT Contract Jobs or IT Contractor Jobs in which the IT Employees won’tbe hired on a permanent basis. Considering this, knowing the reality of IT Contract Jobs is very important.
If you want more insights on the future of IT Jobs in India and new opportunities for IT Employees then you can follow this channel. I share latest IT Industry news with a business perspective that can help IT Employees and Tech employees fight the IT Layoffs and Layoffs 2024 scenario more effectively. Hope you find this video valuable, see you in the next one.
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Опубликовано:

2 окт 2024

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Комментарии : 38

@amrit0501 4 месяца назад

Outsourcing from a staffing agency

@amrit0501 4 месяца назад

Sir Wipro and all services based company have 90 days notice period

@PavanSathiraju 4 месяца назад

But when they hire, they need immediate joiners.

@amrit0501 4 месяца назад

@@PavanSathiraju Irony 😢

@mdshamshadhusain439 4 месяца назад

@@PavanSathiraju Hn, How is it possible to join immediately. 😢

@rabindrajaiswal5329 4 месяца назад

He knows that already. He wants people like you to comment on videos to increase reach

@peace336-n8g 4 месяца назад

Pleae make video on Proxy interview, job support also.

@shashanknautiyal8522 4 месяца назад

I once suffered fraud after working as a contractor in Zeta Suite ( Direct i ) company . Toxic work culture , fraud promises , nothing to learn . Never , never join as a 3rd party contractor . They onboarded me swiftly and didn't share much details . Working with Zeta Suite was worst experience . Whatever was shown about good about the company outside , exactly opposite was found there .

@arnoldarnold2653 4 месяца назад

There's a special place in Hell for Clients who expect such unrealistic timelines

@samhitabhattacharya3608 4 месяца назад

Indian It company will do nasty jugad sell 1 year experience as 5 years experience and tell them work 24 hrs and impress the client learn on job

@KC-yu5ny 4 месяца назад

Hi, thanks for your detailed discussion. Can you talk about ' independent contractor " positions in India? It's a type of freelance remote work position provided by foreign companies. Is there any good future in this type of work?

@TG-zy5oc 4 месяца назад

Hi Pavan, can you please make a detailed video on the playbook, which you had mentioned in one of your videos related to career growth.

@vinodr.g4665 4 месяца назад

It is time to collectively as Indian companies tell clients that there is gestation period of every activity. Clients cannot ask the companies to start on a fly. They should understand. Just because client is paying , it does not mean we keep saying yes to everything. I too had a personal experience in my career. The client does not like it, but the clients should know they are also dependent on us. Working level people cannot be thrown out just like that. It will be a loose loose situation in that case, and the client does not like to loose. I was able to make them understand and bring them on terms.

@aniket1088 4 месяца назад

Sir, if someone is suffering from chronic illness..Is it wise decision for him to join IT Industry or should he prepare for govt exams?

@PavanSathiraju 4 месяца назад

Sorry to hear that! I would prefer a job which gives mental peace. It is possible to find mental peace in IT industry. But you need to be lucky and you should also not take things to heart. Then you will be alright:) American product companies are usually very good with culture!

@princeofheaven19 4 месяца назад

Prepare for Govt Exams

@kpgUser 23 дня назад

i have recently left contractual job from mnc, it was indeed sandwitch job..project manager was constantly showing fear of making complaints to payroll company and payroll company was continuesly giving me assigment off the project, constantly micromanaging me, for payroll company client is like god so its always your mistake even if its not. client company not even give importance to contractual emps in team.

@kpgUser 23 дня назад

when u resign from contractual job, client tells you to go way in same day if there is not much dependency and payroll company obviously will not pay you. they get much highter fixed monthly payment form client and out of that, payroll company give you small portion to you as salary.

@agustinrajan8621 4 месяца назад

I left a FTE job from the world's largest AMC and joined on a contract via a third party agency and worked for about a year with client company and after an year managed to eliminate third party agency and worked as a independent contractor directly with the client.. Monetary wise it was beneficial as it was a global and full time work from home role and got a good role with lots of learning.. Hoping to get a permanent role once project ends this year and I am really happy that i decided to stick on this Contractactual role and didnt join other co.s . Well it all depends on luck and skillset one has and there is no limit. Contractual roles has its own pros and cons.

@ImSK2109 4 месяца назад

which skills do you have?

@agustinrajan8621 4 месяца назад

Process Automation, Process Optimization, BI , Data analytics.

@eren-qu9uu 4 месяца назад

at 5:57 you said margins are compressed , how it is true when there profits are all time high, and they are hiring less saving lots of cost and utilization number is also high .

@PavanSathiraju 4 месяца назад

You are right. But if you can fullfil a client's request through a fresher (instead of experienced person) - your cost goes down. So, hiring a experienced person increases cost for the company.

@VigneshVicky-cn8ek 4 месяца назад

Refer quarterly financial statements . There is column for this .

@CantileverRa 15 дней назад

What about the fresher should they join on contract role or not ?

@sreejith_jinachandran 4 месяца назад

I’m also an IT employee, commenting for progress of your channel

@sundarnarayanan3511 4 месяца назад

If an opportunity comes mostly like that what is wrong in taking after due deligence by employee during interview, peer group etc.

@PavanSathiraju 4 месяца назад

The only issue as I mentioned in the video is - there is a very high chance that the employer might not retain the contractual employee beyond 2-3 months. But, by that time - employee would have resigned to his/her prior org.

@asmitachavan5621 4 месяца назад

I have resigned from my current company, i was working on internal project, company has dependancy on me. I understand that, but my new company would not extend my joining, but current company needs my support extended than my notice period, offering me contractual position. How can i handle this situation. Should i say no to my current company? I am going to discuss the situation with new company

@yashthakar9441 4 месяца назад

Once your notice period is up , Say Bye to current company and work on mew project.

@bryan77 Месяц назад

questionable suggestion!! being a contractor has its own set of benefits!! also you learn much faster since you are needed to provide value to the team? Future of work is hiring contractors specially ones based on their talent and skill

@barathelango267 4 месяца назад

they hire more

@sreejith_jinachandran 4 месяца назад

Working in Capgemini engineering I have 90 days of notice period. If I put paper hiring team/ HR will ask - why you are looking for a change now? (They calling me I didn’t) Else Not serving notice then - we need immediate joiner. By the Im not agreeing with people who are telling consistency is important in career growth. From my POV, they don’t want learn more or they can’t. But people like me honestly willing to learn something new will not get any offers

@princeofheaven19 4 месяца назад

I work as an FTE for a big product company and was offered double the salary to join as a contractor by a services firm. One of my previous manager told me about how bad the tradeoff is. So just rejected it