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GCCs scout for senior executives from peers
Mint Chennai
|May 09, 2025
This indicates a preference for innovative work and domain knowledge
Backend technology centers of the world's largest companies are increasingly hiring senior executives from peers as compared with information technology (IT) services companies, indicating a preference for innovative work, domain knowledge and better understanding of captive offices.
A little over a third—or 36%—of executives with more than eight years of work experience hired by global capability centers or GCCs came from rivals in the year ended March 2025, according to a report by Xpheno, a Pune-based staffing firm. That's an increase from 28% in the year March 2023. By comparison, the share of middle and senior executives hired from the IT services sector during the period shrank from 50% to 40%.
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