Wednesday, October 26, 2011
THE Cebu Educational Development Foundation for Information Technology (Cedf-it) will get part of the P500-million stimulus fund committed by the Aquino government to facilitate “near-hire” training programs of Information Technology-Business Process Outsourcing (IT-BPO) companies.
Cedf-it executive director Jun Saa, in an interview on Tuesday, said the organization will get P5 million worth of scholarships from the Technical Education and Skills Development Authority (Tesda), which will be used to conduct “near-hire” trainings for 1,000 prospective IT-BPO employees.
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Saa said the program is expected to bridge the gap in workforce requirement of IT-BPO companies here. In a recent survey by Cedf-it, IT-BPO companies in Cebu need 3,800 additional employees for the last quarter of this year.
Last week, Tesda and the Business Processing Association of the Philippines (BPAP) signed a memorandum of agreement on the P500-million expansion of the IT-BPO Industry-based Training for Work Scholarship Program (I-TWSP) for 65,000 “near hires”.
Near hires are applicants who have applied for jobs in the IT-BPO sector but fell short of the requirements, requiring more training to meet the industry standard.
The bulk of the fund, or P400 million, is set aside to train near hires while the remaining P100 million has been set aside for the training of trainors and students, who need longer training to be qualified employees in the IT-BPO sector.
According to Saa, “near hire” training programs improve the industry’s hiring rate by 30 to 70 percent.
“This is a big opportunity for the industry and for Cedf-it, considering that we are moving toward sustaining and honing the local work pool for Cebu’s IT-BPO industry,” Saa said.
Published in the Sun.Star Cebu newspaper on October 27, 2011.
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