Meeting Tech Talent Demand Strategically
In today’s world, talent has become one of the key factors, which business enterprises need to acquire to sustain and compete in today’s technology driven world. Meeting Tech Talent Demand In effort to achieve optimal outcomes, organizations including HCLTech, a world’s leading IT solutions & services company, has adopted numerous ways of sourcing and retaining top technical talents. In the recent past HCLTech raised wages to combat the growing need for technologists as reported in the media. However, this move is not simply about option 1 as it involves a means of achieving an outcome of great relevance to the talent management strategy of the company and the trends prevailing in the industry for talent management. In this article, we will also discuss reasons to understand why HCLTech decided to increase wages, its implications on the tech employees and market, strategic directions of this decision in the company. We will also analyse to what extent this move correspon...