Hiring in IT sector to grow 6% in 2015: Nasscom President

Nasscom President R Chandrashekhar today said that hiring in the IT sector will rise around 6% this year.

Currently, the industry employs around 3.5 million people.

Saying that India is a leading nation in the field of digital technology in terms of talent availability, Chandrashekhar said it is important to recognise that people run an enterprise and not technology and gadgets.

"How to manage the workforce in the midst of this sea of technology and gadgets is really significant. People are the real assets and ultimately it is the human resources that make the difference for a company," he said.

He was talking at the two-day Nasscom HR Summit on the theme of the Digital Highway – HR’s journey in to the future.

He said with technology pervading every aspect of our life, HR would have to change too. The major challenge for HR is building the leadership for tomorrow as well as dealing with employees who have over 15 years of experience and are facing a risk of redundancy. 

Social media, analytics and cloud each have a profound impact on HR functions, he added.

Social media can play a role for recruitment, building loyalty and branding; analytics for workforce planning, skill set gap mapping and sentiment analysis; mobile in learning and development, hiring and attendance management and cloud for payroll, timesheet and, reward, he said.

A Nasscom study showed that ten years from now, globally 75% of the workforce would be constituted by the millennials – those who came in to the workforce post 2000 or were born post 1980, he said.