Indian IT Services to hire about 450,000 people in H2FY22: UnearthInsight

With higher attrition in H2 of 17-19 per cent, the industry is likely to have a net employee addition of about 175,000 in H2FY22, says study

As most pandemic restrictions have been lifted and workplaces are opening, the Indian information technology services industry is likely to see a gross employee addition of around 450,000 people in the second half of financial year 2022 (H2FY22), according to UnearthInsight, a metrics benchmarking and market intelligence firm.

These 450,000 people are largely laterals/experienced ones, but fresher intake is also is larger than last year.

With higher attrition in H2 of 17-19 per cent, the industry is likely to have a net employee addition of about 175,000 in H2FY22, according to the report titled “IT Industry Q2 Insights & FY22 Forecast”. UnearthInsight