The Indian technology industry has been facing its biggest-ever HR challenge. It’s important to know what hiring managers can say about the problems they face while hiring IT professionals. Read the press articles below to learn more about the challenges that occur in the IT industry in India.
IT outsourcing sector faces heat from global in-house units.
India’s nearly $170-billion IT outsourcing industry, which has seen its growth shrink over the years, is now facing the challenge of global in-house centres, or GICs, hoovering up work. Over the last few years, about 35-40% of the outsourcing work has moved to GICs.
Read more at mint
IT professionals go in for multi-skilling.
The recent IT layoffs have spurred software professionals with three-eight years of experience towards having multiple skills in their kitty. E-learning companies such as Upgrad, Skillsoft and Simplilearn have seen a surge in the demand for their courses in specialised areas like analytics, product management.
Read more at The Times of India
IT sector banks on cash sops to ease pay hike pain | Randstad India
Professionals who work in the IT services sector have taken to social media to complain about low salary increments but the trend is here to stay, according to compensation experts. Interestingly, Indian professionals still have a preference for jobs in the IT and ITeS sector, according to the findings of the Randstad Employer Brand Research (REBR) 2018.
Read more at The Economic Times
IT sector, still most preferred for employment.
Randstad’s survey findings reveal that salary and employee benefits continue to be the top driver among Indian workforce while choosing an employer followed by long-term job security and financial health of the company. While salary continued to be the top driver, the importance of salary was found to have decreased 6 per cent from 2015.
The survey further reflected that the Indian workforce prefer to work or move to sectors such as IT and communication (70 percent) followed by automobile (66 per cent) and FMCG, retail and e-commerce (64 per cent). Presenting the survey insights, Moorthy K Uppaluri, Managing Director, Randstad India, said in a fiercely competitive job market, recruiting top talent, engaging and retaining them is fundamental to the company’s ability to grow.
Read more at The Hindu Business Line
IT industry still preferred by job seekers.
A recent survey reveals that the Indian workforce still prefers to work or move to sectors such as IT and communication followed by automobile and FMCG despite the growing challenges faced.
Read our article on successful employer branding to create a unique work environment that can retain top talent. Are you looking for a work opportunity in software engineering or software development? Check out our technology jobs to view openings.