HCL Corporation has announced its entry into skill and talent development space with the launch of HCL TalentCare. HCL TalentCare is aiming to create a ready talent pool of professionals for top notch enterprises in IT, BFSI and Healthcare sectors. The company has also partnered with National Skill Development Corporation (NSDC) to design and deliver skilling solutions.
Programs under HCL TalentCare will enroll, train and provide career opportunities to more than 20,000 graduates over the next three years across its campuses in Manesar, Hyderabad and Chennai.
Addressing the conference, Shiv Nadar, Founder and Chairman, HCL, said, “Today, more than half of India’s population is under the age of 25, with 65 percent of the population under 35. About 12 million individuals are expected to join the workforce every year. While India’s young population is its greatest asset, many young Indians are not equipped with the skills required for effective employment. I believe that this is the right moment to step in to address this skill gap challenge facing the nation today. This will help us realise our demographic dividend and create Talent Made in India.”
Highlighted points HCL TalentCare dedicated to “Talent Made in India”:
- Offering a Signature Learning Experience – a proprietary approach designed to transform skills and capabilities of fresh graduates
- Differentiated Source-Skill-Staff business model
- Jobability Quotient (JQ) developed to measure and benchmark role-readiness of graduates
- Creating a ready pool of employable talent for top enterprises in IT, Healthcare, Banking & Insurance sectors
- Aims to enroll approx. 20,000 Scholars by 2018
- National campuses across Manesar, Hyderabad and Chennai
- Over 600 scholars Skilled and Employed in the last year as part of Pilots
- First of its kind – “TalentSurance,” a 3 year skillset warranty
The training programs will strengthen students core skills, business understanding and communication skills. And after the completion of the programs, the graduates will become world-class professionals, who will get an opportunity to work with top global companies.
Roshni Nadar, CEO and Executive Director, HCL, said, “Our strategic direction is to focus on spaces that would be the catalysts for economic growth – Technology, Healthcare and People. After spending four decades in technology, we diversified into healthcare last year. We now complete this journey with the launch of HCL TalentCare.”
She further added, “A people-intensive organisation with over 100,000 people, HCL has nurtured and developed a strong pool of talent which is one its key differentiators. HCL professionals today are the backbone of leading global enterprises across industries. Our strong expertise in training and skilling talent for forty years makes us suitably poised to address the talent needs across industries. HCL TalentCare is envisaged as a hub for developing trained and skilled workforce for people intensive industries like IT, BFSI and Healthcare. With HCL TalentCare, we take a step forward in raising the quality-quotient of talent in this country and creating the HCL of the future.”
Premkumar S, Chief Mentor, HCL TalentCare said, “There is a ‘talent-divide’ that has been created as more than 75% graduates today are not job-ready. India Inc. is witnessing high attrition rates of 20% and above because of expectation mismatch at the 0-3 year experience band that is hurting enterprises very badly. Corporate India is keen to hire “role ready” talent to meet its growing demand for skilled professionals.” He also added, “HCL TalentCare’s key objective is to offer skill development and staffing solutions that will provide a career launch pad for students on one side and a ready pool of employable talent for enterprises. A structured approach like this will lead to on-demand staffing of trained and certified resources which is an imperative for competitiveness across industries.”
“The high degree of change in Technology , Regulatory and Operational aspects of a role made it imperative for us to design the program with a commit to appropriately upgrade the skill set of our scholars with a view to making them future-proof through TalentSurance – a first-of-its-kind skill warranty,” added Premkumar.
HCL TalentCare enables anytime-anywhere learning that is industry-focused with personalized development paths, digital immersion, online, classroom and on-job learning, continuous tracking and progress reporting, individual counseling and mentoring. Courses will be delivered using a mix of classroom-based instructor-led training along with on job practice of concepts taught in the course. Soft skills training will be imparted by industry experts through games, activities and guest lectures on behavioral and technical areas, the press release notes.