Most job-related queries are coming from employees at the level of project managers and above. Expert suggests 30% job search in US has been impacted by Trump's stance.
It seems that the 45th President of the USA Donald Trump is making an impact on the NRIs living in the US as well as the job market in India. After President Trump’s inaugural pledge of ‘Buy American-hire American’, Indian living in the USA are getting in touch with manpower consultants in India to find similar employment opportunities in their homeland.
According to a report in Economic Times, various Bangalore-based recruitment firms have confirmed that jobs-related queries by US-based professionals have doubled after President Trump announced his policy stance at his inauguration.
The Indian companies having an employee base in the US are also fearing the worst, and recently, the IT stocks in India also hit a low due to Trump’s H-1B visa order.
Read MORE: Infosys, Wipro, TCS feel the burn of Trump's H-1B visa order
The chief executive of The Head Hunters (India), Kris Lakshmikanth, confirmed that they are receiving many calls from technology professionals based in the US and Lakshmikanth is anticipating more calls in coming days. Employees at the level of project managers and above are calling most with their queries. He also said that people who have completed three years or 6 years in the USA are unsure whether their visa permit will be extended or not, or whether they will receive the green card or not.
On the other hand, the Indian companies looking to hire US-based Indian professionals are in a wait and watch mode. “Companies are not sure about the dynamics of the US market. At least, 30% of job searches in the US have been impacted as a result,” R Suresh, Managing Director at RGF Executive Search, was quoted by Economic Times as saying.
Another expert stated that hiring of Indian professionals in the US will take a hit and that it will slow down for at least a year. According to Kiran Karnik, chairman, CII National Committee on Telecom and Broadband, India’s IT, pharma, and banking sector will be affected most during this period of uncertainty.
