IT employers across corporate India are looking to hire bigger numbers in the next two quarters as compared to the previous two on the back of cutting-edge technologies, according to the IT Employment Outlook Survey for April-September 2018 of 500 IT employers, conducted by Experis ITManpowerGroup India.
“Hiring intentions are slightly higher as businesses strive to keep up effectively with the pace of evolving technologies. Outlook for employment is better, with a lot of opportunities,” said Manmeet Singh, president at Experis IT, ManpowerGroup India.
He said job opportunities are there and employers are ready to pay for the right skillsets. “It is up to the employees to fill this gap through self-training. The highest-paid technology areas are big data analytics, machine learning and AI developers,” he added.
A majority of companies are keen to hire candidates with a higher learnability quotient, especially in the 0-5 years’ experience slab. Senior level hiring demand is decreasing as people management roles are diminishing gradually and mid-level/senior executives are yet to catch up on the pace at which IT industry is transforming, both in terms of business and talent, according to the survey.
Hiring, thus, will be focused on talent that is job-ready to deliver digital engagements globally as IT companies are setting up innovation labs and design centres to further digital processes and operations.
Startups will contribute substantially to the IT employment in India as many of these are working on very niche technologies—AI, blockchain, robotics, etc. Plus, a lot of non-technology firms are going digital as they realise the potential digitisation offers in driving efficiency and customer convenience to the next level, according to the survey.
Therefore, hiring in these companies will be significant especially for data analytics and machine learning experts. Health tech and fintech are the fastest-growing segments for hiring, according to the survey.
Source: Economic Times