Poll
Has the BPO (Business Process Outsourcing) bubble burst?
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1http://infotech.indiatimes.com/articleshow/2527359.cms
Flashback 2004: You either got a high-paying job at a call centre or no job at all. Cut to 2007: Call centre jobs are least priority jobs. Some colleges in Delhi -- Sri Venkateswara College, Ramjas, Hansraj and LSR -- discourage call centre people coming to their colleges for recruitment. Dr A Sankara Reddy, principal of Venkateswara College says, "The students aren't interested in call centres anymore. There's no job satisfaction. No longer do big salaries alone lure youngsters. The BPO culture and lifestyle have led to disillusionment. Earlier, students were running after these jobs, now BPOs are running after them. Also youngsters have higher expectations. The story of Indian mind, American accent is old. My college banned call centres from coming to our campus." Rajendra Prasad, principal of Ramjas College, agrees, "Students want a better job and lifestyle, they don't want to compromise. They want to be leaders with intellect and make money. They've just woken up to a new sense of power." True. Forbes reports, call centre jobs in India, which have limited job security and entail odd working hours, are losing their sheen as new sectors like hospitality, aviation and retail gain popularity. Payal Gogia (name changed), who works with a leading consulting firm says, "The bubble has burst. Youngsters are no longer feeling empowered working with call centres. The freedom and fun they experienced earlier isn't giving them a high now. They don't mind exploring new talents -- singing, dancing, retail, insurance. Young India want security, they want to flaunt its intellect." Sleepless at a call centre isn't a great feeling anymore. When we asked top-notch call centre experts, BPO gurus, they denied this 'fatigue' feeling, saying emphatically 'everyone still wants to work at a call centre'. Guru of BPOs, Raman Roy, chairman & MD of Quatrro says, "We're outsourcing to the world. We're not hiring from elite colleges. We're hiring from smaller towns." This is a world of hi-tech lifestyles, facebook networking, job-hopping, text-relationships, instant success and back-seat romping in SUVs, while being dropped back from work. Deepak Kapur, founder of BPONews says, "Lifestyle is about making a choice. I don't think call centre jobs have lost their charm. They hold a great promise."
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