More than half of IT professionals (53 per cent) are likely to pursue a new position within the next year due to better compensation, a lack of training and development and a lack of work-life balance, according to a report. About 66 per cent of IT decision makers see skills gap in their teams even as there is a 10 per cent decrease from last year, according to Skillsoft's 2022 IT Skills and Salary Report. However, the industry is facing another pressing challenge centred around talent attrition, with more than half (53 per cent) of all respondents extremely or somewhat likely to look for a new job in the next 12 months, it added. Skillsoft's 2022 IT Skills and Salary Report based on a survey with nearly 8,000 respondents. The report further revealed that over the past year, the workplace has been defined by employee-led "movements", namely the Great Resignation and "quiet quitting". Meanwhile, the pace of digital transformation and lack of enough technical resources have pushed m
Several CEOs of IT companies in India have said that companies need to be cautious amid macroeconomic uncertainties
Infosys supports 'gig work' for employees but is against dual employment, has fired people who were moonlighting, CEO Salil Parekh said in a media interaction on Thursday
However, IT companies have also been strategic in the extent of hiring cuts that have varied from campus to campus
Besides health, trade and IT/BPO sectors saw vacancies increasing during the pandemic's Omicron phase
The IT companies, including Wipro, Infosys, and HCL have, however, stated that all the offers made will be honoured
Companies looking for candidates with digital skills and engineering graduates from smaller cities
In the last few weeks alone, analysts at JP Morgan, Kotak Institutional Equities and Nomura had sounded caution on the IT sector, suggesting that the heydays may be over, at least for now
The Pune-headquartered company posted a 42 per cent jump in revenue to $217 million in the March quarter, when it witnessed a 45.9 per cent growth in net profit at Rs 200.9 crore
Already the largest employer of women, these companies are now viewing women as the cutting edge of the talent war
'If one looks at the data from the top-10 IT companies for the December quarter announced recently, attrition levels seem to be plateauing if not trending down'
Startups and IT majors alike are angling to recruit the best and brightest in the technology
With the tech industry opening up more job opportunities in the wake of the ongoing pandemic, a report has shown that women are more employable in development jobs than men.
Though the salary level of the students being hired has remained Rs 3-3.5 lakh for years, companies are ready to shell out more for those who excel in coding and programme languages
The run-up to the festival season - especially the next four weeks - holds the key to crossing pre-Covid levels of hiring, say HR experts
IT firm's recruitments may surpass FY21 numbers
A challenging strategy to accelerate growth has ironically dragged the former IT racehorse into bigger troubles over people management
Firm says had also offered pay hikes to retain talent
Cognizant Returnship Program: It is focused on providing returners with a supportive environment and access to training, upskilling, mentorship and other resources
The sector witnessed a 39 per cent growth in job postings in January compared to the previous month, according to a report