Everyone in the IT & IT Enabled industry is happy. What with the demand for professionals – especially relatively experienced in the segment, on the rise.

Professionals are in great demand and there are innumerable manpower consultants chasing the professional, on a daily basis.

Why do the so-called professionals hop jobs ever so frequently? The answer is simple – make hay while sun shines. For every jump, a professional makes, an increase of 20% in perks is the de-facto standard now … sorry I do not have any authentic report on this, but I can state this with conviction. So where will this lead us …Indians in the year 2020?

A simple analysis of the current situation and a fearful analysis on the future trends will show where we are heading to in the Year 2020.

Let’s assume that a professional gets an average of 20% hike for every jump. Let’s also assume that an IT organization has an average 20% attrition rate per annum. Add to this a moderate 10% increase in the cost of the employees and another 10% on other expenses, for the organization. This results in a significant increase in the operating costs for the Organization. Today if we are x-times lesser in manpower-cost, which is being attributed for the continuous in-flow of low-end jobs, then we will certainly be x-power-n times expensive by Year 2020. Now, I suppose the point is clear – we will be highly incompetent, cost-wise, by Year 2020 or may be sooner! And may be, we may not have jobs at all in the IT industry by Year 2020.

What will be the life of kids of the current IT whiz kids be like, in Year 2020, if the above situation were to become a reality?

I walked to school and bi-cycled to college when I was studying. Commuted by State Bus, to reach work place, the first couple of years. But the current day IT-Metro-Fathers send their kids to schools by [chauffer driven] cars. The kids get to high school on sporty & expensive bikes. They have enough pocket money to spend on girl/boy friends, mobile phones and other extras. More fortunate ones have an additional car to visit a multiplex with their girl/boy friends.

The innocent kid, brought up on this kind of lifestyle, will certainly look for a dream job in IT industry alone and not elsewhere. Certainly the kid will not like to take up a uniformed-factory-job, assuming we are left with some manufacturing factories in Year 2020, because the kid cannot even imagine such a job…he has seen only his father/mother in IT industry, as inspiration.

So it’s a great responsibility on all the IT-Metro-Fathers to bring up their kids with enough all round exposure, ensuring their kids do not end up frustrated in their teen years. It’s a responsibility on the Captains of the IT industry to ensure that we standardize the salary-structure and remain cost-competitive forever. This will not only be a service to the industry but also to the lives of future-generation. Imagine India minus IT sector! Imagine the loss of revenue/business, and loss of jobs, for the now thriving support sectors, viz., Manpower Agencies, Security Agencies, Housekeeping Agencies, FMCG sector, and Call Taxi Operators. Without a booming IT industry, imagine the plight of IT re-sellers, Office Equipment Manufacturers/Dealers, Cellular Operators, High End bike Manufacturers, Midsize Car Manufacturers, Star Hotels, Packaged Food Industry, Pleasure Tour Operators, Real Estate Industry, Banking Sector, et al. Note that women folk are best employed ONLY in IT sector. Last but not the least, the receipts will fall even to the NGOs operating in the Social Sector and finally the Income Tax Department.

Lets all hope NOT to see a civil war in our lifetime, because of a very sharp [economic] class differentiation that we are building now. Let’s all HOPE to see a highly effective, competitive, reliable and everlasting IT industry along with Biotechnology, Nanotechnology, and Manufacturing and Service Industries by Year 2020.

Ganesh Babu N R

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