one of mass recruiting company has funda they take 10000-15000 candiate as a freshers they will retain only 25 % and fire rest after 5 years, because all of them can not be accomodated to upper band width, this is happening in all band with starting from software enginner to SSE and then team lead , manager senior manager,this is happening with all major software fims consulting services based and product based companies. since 2004 onwards this is started because of too uch freshers intake in software , upto now this problem has not been realized because some start companies are comingis india, but every thing has a nature of saturation in that case my guess is that in 2015 India is going to face one more recession becoz of the software professionals being unemployed, there is still no way to accomodate those professionals, for simplicity consider 10000 freshers are being recruited in 2009 after 3 years say they all be promoted so 10000 senior software engineer and promtion again after 5-7 years say team lead so total 10000 team lead and after 10+ years say again promotion then 10000 manager, this is in one mass recruiting company, and suppose there are 5 major companies then after 10 years 50000 manager , do we think that can possible ..of course not then what will happen then , in previous days software industry in terms of number of companies and their work strength it was expanding so up to now all are able to find their related position up to , but for the freshers joining now onwards, what will happen to them after 5-10 years, suppose all of them can not be proimoted to manager say only 10% of them going to promted as manager, but each years freshers intake is going to increase this gap, so now company can not have this much engineer as software engineer of that pay scale , because even client will prefer to afford the software engineer of 3-4 years experience beacuse of prince and technical skills, i think software is close to saturation limits. since it is high margin profit business, so no rules regulation or well organization structure, so what is the solution???? after 7-8 years what will happen to these engineers, how our indian society and work organizational sturcture they are going to be fit. in 2015 India is going to face one more recession becoz of the software professionals being unemployed, there is still no way to accomodate those professionals,
these unemployed software professional are highly paid ,avg age will be 35 years + ,after 10+ years of software experience they are just good in managing the people and a little bit of software details, so which industry can absorb them at that salary and skills... i guess there is no such industry.
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