Best GCC talent Acquisitions in India

GCC stands for Global Capability Centre; it is a wholly owned offshore or nearshore entity established by an MNC. They use human and technological resources in other geographies. GCC functions can include back-office operations, finance, taxation, media, business management, knowledge management, IT support, engineering, pharmaceutical marketing, clinical trials, pharma pharmacovigilance, medical and regulatory affairs, etc.  

In a world where technology is constantly changing, hiring the right talent and skill set becomes a challenge. Everyone knows the same skill set; however, knowing the right skills and using it for the right purpose is what most MNCs look for. In situations like these, GCC talent acquisition plays an important role as a strategic partner to resolve this issue. Before choosing the best  GCC talent acquisitions in India, the blog discusses the detailed explanation of what actually happens in GCC talent acquisition.  

What is GCC talent acquisition?

GCC stands for Global Capability Centre, which is an entity that helps in hiring human and technological resources from different geographies for MNCs. It is different from other hiring processes for the following reasons:

• It is owned by the company itself
• The employees work directly for the parent company
• Focuses on building long-term teams

Benefits of GCC

• Faster setup: GCC is a setup that helps in performing multiple projects at once, which can include getting a legal license from an Indian entity, finding office space, setting up salary processing, provident fund, and insurance. In a GCC, the hiring process, which is the longest process, occurs while the document work goes side by side.
• Access to passive candidates: Professionals in profiles like AI engineers, cybersecurity leads, and engineering directors do not apply on a generic platform for the job and are mostly applying passively for better opportunities; through GCC, they can have access to these passive candidates.
• Salary and market searching: Compensation in India varies in skill, city, experience, and industry. A cybersecurity expert may be paid differently in the city of Pune as compared to Bengaluru. A GCC company can help these passive candidates in long-term networking, expand outreach, and make local candidates know about the opportunities.
• Scalability: A GCC has all the qualifications and skilled recruiters, tools, and databases to hire human resources in bulk; the partner can run searches for engineering, analytics, HR, and finance in parallel through specialized teams. 
• Lower hiring risks: employees at the leadership level is a crucial part in any MNC, and having a bad employee can cause some serious problems and can impact the company majorly. A GCC has structured screening that covers skills, leadership skills, and cultural fit rather than just being judged on a resume.

Qualities in the Best GCC Acquisition

Here are qualities and benefits to look for in Global Capacity Centre for choosing a staff

Experience: Look for the experience a company has in hiring the staff, industry, and knowledge in the location. An experienced GCC knows how to assess and hire the right leader for a company.

Leadership Assessment Capability: Leadership assessment capability is important for any company. These leadership qualities may include head, director, and functional leader. These roles determine further hirings and decisions. A good GCC will have the right hiring criteria, assessment, and pitch to sell the opportunity.

Deep tech and domain-specific: The company should know how to reach out to the experts and professionals that are proficient in specific domains such as Vertex AI Experts and others.

Presence in multiple cities: Look if GCC has a good network in multiple cities; it would increase the pool of more skilled individuals. Some of the main cities in India are Mumbai, Bengaluru, Pune, Hyderabad, Delhi NCR, and Chennai.

Data-driven: GCC should have data on talent in different cities, scarcity of skills, salary offered by these companies they are working for, data of interviews, etc.

Why is GCC hiring challenging?

GCC can be challenging sometimes; we have mentioned some of the main reasons:

• Scarcity of skilled labor: There is a 30-40% supply-demand gap for skilled labor, particularly in areas such as AI, data, and analytics. 

• Budget pressure: There is a high demand for scarce skills, wage expectations, and salary hikes that can go up to 35% to 55%, which erodes the traditional cost-arbitrage advantage.
• Quality vs. quantity: There is a huge gap between surface-level resume qualifications and practical execution capacity. 
• Slow hiring process: Challenges such as multiple interview rounds, overlapping assessments, and lack of communication after interviews can cause the drawing away of talent.
• High attrition: high attrition among Gen-Z professionals for better pay and faster career growth; the average tenure of Gen-Z has developed below 24 months.

Role high in demand

Here is a list of roles that are high demand in the GCC hiring process:

• GenAI led
• AI Solution Architect
• AI/ML Engineer
• Senior data scientist
• Senior data engineer
• Cybersecurity Lead
• Senior data engineer
• Cybersecurity lead

Why choose Team Plus India?

TeamPlus is the leading global capability center that has its headquarters based in India. We have experience for more than 10 years. We offer staff hiring services for contract staffing, permanent staffing, remote/virtual IT staffing, offshore staffing, RPO (recruitment process outsourcing), and on-site recruitment. Currently we are hiring roles for GenAI lead, Sr AI and data, AI solution architect, AI engineers, Sr. data scientist, Sr. data engineer and more. TeamPlus has a dedicated team that works relentlessly round the clock to bring the best candidates into the selection arena of the corporate world. Our staffing solutions are unparalleled in India, being specifically intended to suit your desired qualifications of applicants as per your set budget.  

• More than 10 years of experience
• Worked for more than 50 companies
• Quick and efficient hiring process
• Remote and virtual staffing
• Low hiring risk of bad staff
• Hired 5 AI experts in a week

Final words 

There is massive growth and opportunity in the GCC for the recruiters as well as for the candidates. The GCCS mainly looks for individuals in technical fields such as AI engineers, data specialists, cybersecurity experts, etc., and India has a good pool of them. If you are looking for such highly professional skilled labor in these fields, Team Plus India is the best GCC talent acquisition in India.

Frequently asked questions

Q.1 What is the Global Capacity Centre?

A.1 A GCC center is an in-house office set up by a global company in India to carry out technology, business, and operational work for teams across the globe. The companies work directly for the company and not the vendor.

Q.2 Why are so many companies setting up GCCs in India?

A.2 A lot of companies prefer setting up GCCs in India because of the lower cost of labor as compared to the US and Europe. India also has a large pool of skilled engineers, data professionals, and cybersecurity experts.

Q.3. How can I reduce the risk of bad hires or candidates not joining? 

A.3 You can use structured screening, skill assessments, and background verification. Keep your communication clear and regular after the hiring process with the candidate.

Q.4 How long does it take to hire the first team for a GCC? 

A.4 It varies with the size and seniority of the roles leadership hires; it often take two to four months, and notice periods in India can add another one to three months.