Majority of IT-ITES companies in Haryana were ready to shift operations to other states / countries as they fear that the Haryana State Employment Bill, 2020, of local candidates, provides 75% job reservation for locals, which adversely affects Can affect operations and recruitment, as per a NASSCOM study.
Given that the Act applies to new fares, the impact is expected to be severe in 1-2 years as the industry forecasts higher rates. Some 80% of the companies participating in the study stated that the new law would negatively affect their future business operations and investment plans, with most of them stating that this would make their operations in other states and in other countries shifting / Will increase. According to the study.
The study was conducted between March 4–7 among 70 IT-ITeS firms in the state to understand the impact of the new law. In Haryana, more than 500 IT-ITeS firms directly employ more than four lakh people.
Most participants of the survey expressed concern over recruitment strategies because the law would greatly increase compliance burden and therefore limit the ability of the industry to base its will on people.
“Such legislation will also make it difficult to adopt and follow diversity and inclusion policies and initiatives and will lead to discrimination.”
The NASSCOM study also found that Haryana faced various skill gaps where salaries are less than ₹ 50,000 per month, communication (written and written), AI, machine learning, analytical and statistical skills, finance and accounting, programming, Data Science, R&D and Engineering.
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