R&D Jobs

It’s one of many, but definitely the most significant, value addition activities carried out in many organizations. It’s a brain storming activity intended to increase the knowledge base of employees in order to use that knowledge in creating some new applications that would benefit the company. It’s basically a cost incurring activity in which the company invests in large chunks of money to get the best out of its internal customers.

Generally every organization does a financial planning in which the company actually evaluates and assesses different cost incurring activities by calculating the return on investment fraction. Return on Investment (ROI) factor is a concept in finance domain which is a metrics for the performance of the human capital. This (ROI) is one of many concepts in finance domain that helps in human capital management. It’s the ratio of the outcome or return to the investment put or invested in an activity. This R&D projects are also evaluated by forecasting the ROI of the project.

The kinds of jobs that are available in this field are regulatory affairs mgr, documentation/medical writing, design engineer, research associate et al. The companies that are offering these kind of jobs are FENA (P) Ltd., Avaya India Pvt. Ltd, CNC Manufacturing Company. These are just to name a few and almost all every organizations spends some amount of money on R&D. The only difference that comes is at the budget allocated for the Research and Development process.

For a large company (conglomerate) which has diversified businesses the budget allocated for R&D projects is pretty huge and that for a small company the budget allocated will be a meager amount because of the financial constraints.

During the recent times with economy going down all the Indian firms have spent very less on the R&D projects because of the financial limitations. But with the economy booming again, a large number of small scale industries in India are becoming financially stable. This opportunity enables them to invest more & more amounts on Research and Development sector.

Once companies start to invest in such projects like R &D et al. they will sooner or later taste the success of the those quality efforts (time, money, skilled labor expertise) put up by those company personnel. The more is the investment on R&D projects the more will be the requirement of skilled labor in order to get these processes going.

As soon as the requirement arises the job seekers throng the recruitment divisions of those organizations because many young talents are in dire need to get a job. Indian government is also encouraging these organizations providing an immense support and regulating the government policies that would help them (the organizations) invest more & more in these value adding activities. The success of such creative projects would catapult the Indian industry sector to an upper level.