HCL Announces India’s FirstIntegrated
Talent Solutions Company; Launches HCL TalentCare
HCL TalentCare dedicated to “Talent
Made in India”
HCL Corporation announced
a significant entry into skill and talent development space with the launch of
HCL TalentCare, an integrated end to end talent solutions company incorporated
under HCL Corporation. HCL TalentCare aims to be a global talent-solutions
company addressing a wide spectrum of entry-level employability needs in India
and thereby creating a ready talent pool of professionals for enterprises in IT,
BFSI and Healthcare sectors.
India’s
young population is its greatest asset. Within that, there are close to 7
million graduates including 1.5 million engineers who are academically
qualified to join the workforce every year. HCL TalentCare plans to hone the
aptitude of these talented youngsters with additional skills that prepare and
align them for effective employment. The bridging of the skills gap by initiatives
such as these will help India’s growing economy tremendously and also
complement and contribute to the Government’s mission to
skill and up-skill about 500 million people by 2022.
Aligning
itself with the larger skill development agenda in the country, the company is
partnering with the National Skill Development Corporation (NSDC) to design and
deliversolutions that address the skill development needs of India Inc.
Addressing
the conference, Mr.
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 demographicdividend and create Talent Made in India.”
RoshniNadar, 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.”
HCL
TalentCare plans to 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. The rigorous training program is aimed at strengthening
their core skills, business understanding and communication skills. At the end
of the program, the graduates will become world-class professionals, who will
have the opportunity to work in top global companies.
“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 theskill 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.
Admission
to the flagship program – Young Engineer
Program (YEP), a holistic six month skilling program focused on engineering
graduates, is through a Jobability
Quotient (JQ™) test. HCL TalentCare offers a Signature Learning Experience – a proprietary approach designed to
transform skills and capabilities of students in a short window of time and
prepare them for a professional career by honing their skills and making them
industry ready.
About HCL TalentCare
HCL TalentCare is a wholly-owned subsidiary of HCL
Corporation. It aims to be a global talent-solutions company offering
integrated products and services to meet the growing demand for quality talent.
HCL TalentCare’s focus is to create skill development solutions that offer a career
launch pad for students and a ready pool of employable talent for enterprises
in the IT, Banking , Insurance and Healthcare sectors. For more information,
visit hcltalentcare.com
About HCL Corporation
HCL Corporation is a diversified business enterprise
with presence in the fields of Technology, Healthcare and People through HCL
Technologies, HCL Infosystems, HCL Healthcare, and HCL TalentCare – the most
recent foray in the integrated talent solutions space. The HCL group is
currently a $6.5-billion global enterprise with over 105,000 professionals from
diverse nationalities, who operate from 31 countries, including over 500 points
of presence in India. For more information, visit hcl.com
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