- 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
Bengaluru: Zinnov , a leading globalization advisory firm, today released its latest study titled ‘ Tenure Longevity at R&D Centers in India’, with the objective 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.
The released study highlights that more than 60% of executives at a level of Director and above have had only four or less company changes during their entire career, which directly implies that spending longer time at R&D center’s is key . This was further substantiated by the disclosure that the average number of years to reach a Director or above level for individuals, who have worked with one organization, was 2.6 years less than employees who moved frequently.
According to the report, in addition to faster growth in the career ladder, longer tenure gave executives well-rounded exposure in their chosen technical domain and provided them opportunities to understand multiple job functions. The study goes on to site numerous examples and demonstrates how senior executives at various leading MNC R&D Centres have risen in the ranks by staying committed to their jobs and gaining the right exposure within their organizations.
Commenting on the study, Chandramouli CS, Director-Advisory Services, Zinnov, said, “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.”
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.
Founded in 2002, Zinnov – meaning Zeal in Innovation – is a leading management consulting company providing advisory services in the area of Global Sourcing, Emerging Markets Expansion and Human Capital Optimization to Fortune 1000 and reputed SMB companies. Zinnov works collectively with clients to tackle prevailing organizational challenges by analyzing the changing dynamics, improving performance, and building institutional capability. The services delivered to its clients through advanced reasoning and analytical techniques, provides solutions that help in integrating organizational vision, business definition and processes.
For further information, please contact:
Kinjal Chhetri Panwar
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Dileep M / Sneha Saigal
Adfactors PR Pvt. Ltd, Bangalore,
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