Lately, I was browsing through Orkut and was surprise to see a guy repeatedly boasting in various C++ forums that he can buy a position in big IT companies via backdoor entry. He was even quoting the price for getting recruited in different IT giants. I thought it's a hoax message and left it there.
Recently I had visited a self-financing engineering college for an Invited Talk. I had an opportunity to talk to the placement officer of that college. He said, there has been a radical change in the process of inviting recruiters to the colleges. All bigger IT companies have a much a bigger HR department with a lot of HR executives. Amongst HR heads, there are people who can do "special service" for a premium price. The "backdoor entry" in the former paragraph is a manifestation of this kind of "special service".
The "modified" invitation process is; the placement officer/management strike a deal with possible HR heads on a per-head basis. The placement office pays the HR head lump sum of money (black, ofcourse!). In return the HR head ensures the agreed number of recruitment from the college to their company. There are no stakes for the HR head, because most big IT companies have 100-200% human-resource buffer for their projects. Most likely, the backdoor recruits are for the reserves only. Moreover, the volume of employees in a big IT company is so much that people don't really know the team members by name. An interesting example is; one cannot find the exact number of employees in TCS at any minute (people come in and leave out so much in TCS).
All these should come to an end soon. Recession in IT industry is coming back. Only professionals with quality are going to survive. Let's see what happens...
Tuesday, February 12, 2008
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