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The demand for tech professionals with specific skills remains high, encompassing artificial intelligence, machine learning, data science, cybersecurity, cloud computing, digital marketing, and e-commerce.
The IT industry predicted 11.8% for 2023, but actual payouts are expected to average 10.2-10.6%, down from 10.8% in 2022.
A prime illustration is manufacturing, boasting 78.81% junior-level recruitment in these areas. The IT sector is also integrating Tier 2 cities notably, with 88.63% of hires being juniors.
While several GCCs are employing in India, their numbers are still fewer than IT service businesses' huge hiring.
Fresher hiring for the financial year 2024 will hit a three-year low following two consecutive years of healthy recruitment numbers during the COVID-19 pandemic years.
Despite 40,000 job openings for cybersecurity professionals as of May 2023, a staggering 30% of these vacancies still needed to be filled due to a significant shortage of...
"With the 5G rollout, employers are already upskilling their current workforce for the upcoming 5G services."
“In today’s digitalized world, information security is not a good-to-have anymore, it is the most critical element of any business, especially when dealing with millions of records of...
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