CHENNAI: After creating a place for itself in technology and healthcare, HCL Corporation has now entered the skill development space with the launch of HCL TalentCare, an end to end talent solutions company incorporated under HCL Corporation. The aim of the venture is to create a ready pool of professionals for enterprises in IT, banking & financial services and insurance and healthcare sectors, HCL said. The group refused to disclose the amount being invested into the venture.
“With companies in tech sector needing almost six months to prepare fresh graduates for projects, HCL Talentcare will focus on making candidates ‘role ready’ right from day one,” Premkumar S, chief mentor at HCL TalentCare told TOI. He added that high attrition rates of over 20% plaguing India Inc are largely because of expectation mismatch at the junior level, which is hurting companies badly.
HCL TalentCare expects to enroll, train and provide career opportunities to more than 20,000 graduates over the next three years across its campuses in Manesar, Hyderabad and Chennai. The program will focus on strengthening core skills, business understanding and communication skills of the candidates and depending on the vertical, the duration of the training will range from 6-12 months. The company’s proprietary technique -‘Jobability Quotient’test – will be used to assess and admit candidates to its flagship ‘Young Engineer Program’.
Source: Times of India