Bit Salary News Today

The US expected to lead all other nations in IT hiring over the next three months

The IIT graduate left London and retired in India due to lower burn rate and to spend more time with his parents. He aims to settle in India and support his family.

This fiscal, software firms are offering hikes of 18-22% to those jumping jobs, while earlier, such candidates would command an increase of over 40% — even up to 100-120% — in remuneration, according to data from staffing firms accessed by ET.

Janco is an international consulting firm that follows issues that concern CIOs and CFOs and publishes a series of IT and business infrastructure HandiGuides® and Templates including detailed IT Job Descriptions, IT Infrastructure, Policies and Procedures, Disaster Recovery/Business Continuity Template, Security Template, and its semi-annual IT Salary Survey.at the same time, there are almost 130K unfilled open requisitions for IT Professionals.

Over the last three years, as per data by Xpheno, IT Service bellwethers have collectively increased compensation costs by 64%, while collective revenues grew by a little over 57%. This shows that the input cost is much higher than the output being generated.

ITWeb Surveys Team news archive

IT job market shrank by 21,500 jobs YTD versus growing by 117,700 jobs in 2022. BLS adjusts down the number of IT Pros hired in April and May by 16,500 in addition to the earlier reduction for March and April of 9,300.

Hiring of IT Pros Slows Loses 3,100 jobs in May. IT job market grew by only 3,400 jobs YTD versus 97,300 in 2022 BLS reduces the number of IT Pros hired in March and April by 9,300

NITES President Harpreet Singh Saluja told Business Today, “In light of the unfair changes made by HCLTech, NITES has filed a complaint with the Labour Ministry, urging them to take appropriate action to safeguard the interests of IT employees.”

HCLTech has changed its policy related to Engagement Performance Bonus, which the company says was always the norm until Covid had hit