The skills arms race has begun and employers are scurrying to hire. The focus is on securing valuable skills through measured and commensurate pay actions.
More industries do well on skills-increments even as the last year’s order settles in. FMCD and BFSI, industries that have grappled with longevity unsuccessfully so far, get a grip on the equation this year.
Convergence is not rhetoric anymore and temp-perm parity rules the job market. A recurring theme is that the Sales and Marketing functional domain is a predominantly temp landscape now.
It’s dominance threatened, unsuccessfully though by Automobile and Allied Industries which almost does a catch up (17.6% rate of growth as against the IT and Knowledge Services’ 18.2%).