Foreign job market is on a tricky wicket as tighter norms in Western nations and slowdown in oil felled Gulf economies hit India and the job market shrinks for Indians internationally and it is a bad news. Job seekers from India are the highest as we see the huge queue in front of passport office and visa centres. Present day Indian Engineering graduates are looking for better prospects in US by doing MS to increase their career prospects.
The recent check on H-1B Visa and other restrictions put the job opportunities under constant threat and people already in job overseas are struggling a bit and they try for alternative in vain. Getting back to India with that much of high pay pack is a distant reality. Vanishing foreign jobs is a worry for the youngsters and Indians face a shrinking job market abroad. It is indeed tough time and it is the survival of the fittest in the job market. Competition is so fierce and it is a matter of time that the Indian shore will be full of seeking job locally in India. Cut throat competition is there in job market and the seniors will vie for top honours with juniors in a do or die approach.
Take for example sports of any form, art, culture, business and the office job all work for excellence and thereby wish to achieve laurels in one way or the other. The lesson is: It is important to stay ahead of other, even by just a couple of steps. As we have such a huge and naturally well endowed country. We wish to remember and curtail our production expenditure and give the best quality always and we will be miles ahead as compared to so many others in this world.
Times have changed and today High School students are getting internships. The truth is that even High school students today are racking up real-life work experience more aggressively than most college goers did at their age. Management education prepares students to work in teams, collaborate across cultures and increase efficiency with effectiveness. In the current economic slowdown, management institutes must offer value added courses beyond the normal management curriculum.
To work in a global market, students need to learn a foreign language at least. In the present economic scenario, organisations prefer hiring employees who can contribute to the business without having to spend much time on training them.
(This is the first part of the article and remaining portion will continue on Sunday)
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