Globalization advisory firm Zinnov has found that most senior executives at research and development (R & D) centers in India have had only four or less company changes in their entire career.
This, a study by the firm found, means that spending longer periods in service at R & D centers is key; besides, the average number of years to reach the level of a director or above for individuals who have worked with one organization was 2.6 years less than employees who moved from company to company more frequently in their career.
The study titled ‘ Tenure Longevity at R&D Centers in India’, wwas done with the aim of demonstrating benefits of extended tenure in R&D organizations in India. The study analyses the pattern, benefits and trends related to employees tenure working for MNC R&D centers in India and makes some interesting observations.
Besides quicker growth in their careers, longer tenures gave executives well-rounded exposure in their chosen technical domain and provided them opportunities to understand multiple job functions. The study cites several examples and demonstrates how senior executives at various leading multinational MNC R&D centres have risen in the ranks by staying committed to their jobs and gaining the right exposure within their organizations.
“Our study may be in contrast to the current trend of job hopping. We have seen that MNC R&D centres in India offer good growth opportunities to employees who have spent a longer time within the system due to the kind of exposure the sector offers. However, to sustain this, companies will have to address the popular notion among employees about quality of work provided from headquarters to India and devise more strategies to boost their morale,” said Chandramouli C.S., Director-Advisory Services, Zinnov.
Covering a database of 520 executives (with minimum seven years work experience) from software, semiconductor, engineering services and consumer electronics domain, the study also observed that a higher proportion of executives who are at Director and above levels were degree holders from universities outside India, or leading Tier I and Tier II institutes from India.
More than 65% of the executives surveyed were Master Degree holders, reiterating the fact that higher education and choice of a good university played a key role in shaping ones career.
• Longer tenure gives executives well-rounded exposure in their chosen technical domain and also provides them with opportunities to understand multiple job functions.
• 60% of all Directors and above, at MNC R&D centres in India have had four or less company changes in their entire career.
• The average number of years to reach a Director position or above level for individuals who have worked with one organization is 2.6 years lesser than the median of 15.6 years
• An overwhelming 65% of senior executives hold a Post-Graduation Degree
• Approximately 50% of the senior executives are people who have completed their graduation/post-graduation/doctorate from a Tier 1 University