Article link:
India's
Edtech Sector Hires IIT Graduates
Extract from the article:
The Indian Institutes of Technology (IITs) are
witnessing a significant influx of graduates into the booming edtech sector.
Over the past five years, several thousand IIT graduates have been employed,
either from campus placements or laterally hired as teachers. The edtech
industry offers these IIT alumni a generous starting salary ranging from 10-12
lakh per year, showcasing a clear career progression to a package of 60 lakh-1
crore annually.
With the edtech sector's rapid growth and its
attraction for IIT graduates, this trend underscores a shifting landscape in
the employment dynamics of highly skilled individuals in India. The integration
of top-tier technical talent into the education technology domain not only
enhances the quality of educational offerings but also elevates the sector's
overall capabilities and competitiveness.
My
Take:
A.
TWICE
THE JOBS AT HALF THE SALARY?
"In my blog post from 2013, I delved into the
disparity in job creation and remuneration in India. The scenario posed a
question similar to the one arising now with the edtech sector's hiring trends.
Should organizations prioritize quantity over quality by offering reduced
salaries to accommodate a higher number of employees, as seen in the case of State
Bank of India's job vacancies?"
"Reflecting on my 2022 blog post, where I discussed the
cost advantage enjoyed by Indian tech firms in comparison to Western
counterparts, the current scenario in the edtech sector echoes this disparity.
The higher salaries offered by Indian edtech companies to IIT graduates in
contrast to global norms highlight India's competitive edge in leveraging
skilled manpower at relatively lower costs."
Call
to Action:
To the Indian Institutes of Technology (IITs)
and leading edtech companies: Embrace this symbiotic relationship between
high-caliber IIT talent and the edtech sector by fostering innovation,
collaboration, and continuous professional development opportunities to drive
further advancements in India's education technology landscape.
With regards,
Hemen Parekh
www.My-Teacher.in /
29 Dec 2024
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