The Information Technology industry is a service industry. Some of the HR challenges that the Sri Lankan IT industry faces are in Headhunting, Recruitment, Talent Retention, Compensation Management and HRM as whole.
Headhunting
While many research have indicates that nine out of 10 in the top positions of companies are selected by head hunters in recent years. In the busy world going through hundreds of application and selecting right candidate for the job is not practical. Sri Lanka's business and corporate culture most of the IT companies doing the head hunting. These days most of the garment industry companies also try to get the best IT people from IT companies to use their IT expertise to garment industry.
Recruitment & Talent Retention
It is not surprising that in today's dynamic business environment, the challenge of maintaining a competitive advantage relates to the minds of many entrepreneurs. But according to Department of Census and Statistics the unemployment rate in Sri Lanka is currently less than 5%, many companies and government agencies are struggling to find and retain these valuable employees. The main problem would be to get the right kind of person. Finding someone with the skills and experience needed is very challenging in Sri Lankan IT industry.
Migration & Skill shortages
Migration is a key challenge for Sri Lankan IT industry. Qualified Software Engineers are trying to migrate to developed countries.
Headhunting
While many research have indicates that nine out of 10 in the top positions of companies are selected by head hunters in recent years. In the busy world going through hundreds of application and selecting right candidate for the job is not practical. Sri Lanka's business and corporate culture most of the IT companies doing the head hunting. These days most of the garment industry companies also try to get the best IT people from IT companies to use their IT expertise to garment industry.
Recruitment & Talent Retention
It is not surprising that in today's dynamic business environment, the challenge of maintaining a competitive advantage relates to the minds of many entrepreneurs. But according to Department of Census and Statistics the unemployment rate in Sri Lanka is currently less than 5%, many companies and government agencies are struggling to find and retain these valuable employees. The main problem would be to get the right kind of person. Finding someone with the skills and experience needed is very challenging in Sri Lankan IT industry.
Migration & Skill shortages
Migration is a key challenge for Sri Lankan IT industry. Qualified Software Engineers are trying to migrate to developed countries.
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