How can Indian remote talent prepare companies for a recession?
As the world prepares itself for the impending recession economic crisis, countries like India offer some hope. Indian remote talents have proven themselves to be game changers in this situation.
There has been a strong growth of skilled workers in India over the past decade, including full-stack developers, front-end developers, QA testers, and Software Design Engineers in Test (SDETs). Additionally, Indian talent is strong in cybersecurity, data analytics, DevOps, and cloud infrastructure.
Some statistics about Indian IT workers include the following:
To be recession-ready, global companies are all about retaining and attracting new talents who can work remotely. This helps them save money in many ways. Hiring remote employees means they have resources like the internet, water, and electricity. Hiring high-calibre talent from India also presents a unique advantage to organizations looking to scale up quickly. Employers cannot only hire more rapidly without geographical restrictions but also offer talent competitive salaries and benefits in local currencies. India, having surplus talent and a developing country, offers talents at way too affordable salaries compared to developed countries. According to Indian education data, the literacy rate for adults (15+ years) in India is 69.3%, with male literacy at 78.8% and female literacy at 59.3%. India is estimated to have more than 20 universities in the world's top 200 list by 2030 and be among the top five countries in terms of research output. This makes India’s talent heaven for global companies to hire at reasonable compensation. Let’s embrace the changing work landscape and use this opportunity to build a solid recession-proof economy!
Software Developer at Apple
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