Recruitment In IT-BPM To Increase 6% This Year: Nasscom
Advertisement
Advertisement
Improvement in global economic sentiment and rise in expenditure on technology is expected to drive recruitment in the India’s "With a renewed focus on skills over building capacity, SMEs are expected to drive hiring with 7-8% growth in headcount," it added.
The study also found that the industry is now emphasising more on lateral hiring as there is a higher demand for niche and domain-specific skills. Digital skills like cloud, mobile and analytics are in huge demand in the industry.
About 11-12% of employees in the sector are domain specialists.
"The future of the industry is in its talent with niche skills as they can match their capabilities with the strategic goals of their potential employer," Nasscom president R Chandrashekhar said.
Advertisement
The industry is also employing many solutions to address niche skill set requirements and is engaging with employees to build a strong entrepreneurial culture, he added.
The IT-BPM sector employs about 5.5 million people, of which 3.1 million are direct employees.
Advertisement
- In second consecutive week of decline, forex kitty drops $2.28 bn to $640.33 bn
- SBI Life Q4 profit rises 4% to ₹811 crore
- IMD predicts severe heatwave conditions over East, South Peninsular India for next five days
- COVID lockdown-related school disruptions will continue to worsen students’ exam results into the 2030s: study
- India legend Yuvraj Singh named ICC Men's T20 World Cup 2024 ambassador
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market