Human Capital Management in IT- An Evaluation

The explosive pickup of the IT industry in the late 1990s brought India on the global map in the software industry. Various software firms across India started feeling the heat of competitiveness amidst opportunities. The big giants like TCS, Infosys, Wipro, HCL etc had its way in grabbing this missed opportunities. The liberalization and the process of globalization boosted this infant software industry into a matured dynamic adult, eager to face the world. Its contribution to the GDP also increased tremendously. This IT boom attracted the attention of the advanced economies towards India. The competitiveness of the human capital of the software industry proved to be the edge factor among various firms. The employee cost was enhanced. This paper has explored the different attributes of the human capital in the IT industry, away from its traditional measurements. Using a structured online questionnaire and SPSS, it has pound a very significant relation among various attributes in the effective management of the Human Capital.