The International Business Machines Corporation Chief Ginni Rometty, while addressing the company conference on Wednesday along with the chairman, president, and chief executive of IBM sharing the same concern, says Indian lack the skill sets for the various Open Jobs offered. They expressed that its a concern globally. The company directly employs 4 million deserving candidates.
“In India, you have the same issues. Open jobs, (but) no matching skill sets,” she said.
Referring to the rate of unemployment with the qualified engineers who are paid very less than the semi-skills and are experienced, she says “You have got to believe in a few different things that I think you believed in the past. One is to believe that skills are perhaps more important than a degree,” Rometty said.
The recently recorded data released by CMIE, in February, reveals that 31.2 million is currently unemployed accounting for 60% of the whole population that is aged under 35.
“It can be that you can have folks with less than a university degree, but participate well in this industry,” Rometty said.
Arguing against the availability of jobs, she alleges that the jobs are plenty, but the skill sets do not match according to the job that requires specific skillsets.
She suggests that companies and government should collaborate to solve the issue referring to a large number of people lacking the skill set.
Two years ago, it was reported that the European Tech Player had similar concerns as of Rometty. He shares that over 65% of the Indian Tech employees are “just not re-trainable”, and also blamed the companies and education for the lack discovered.
“For some unknown reasons, we call it a knowledge- driven industry. If you have that kind of talent, and then making them learn the existing technology itself is such a huge challenge,” he had wondered.