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India Business News: Leadership hiring in the IT sector is surging, driven by optimism for a stable business environment. Companies are actively recruiting senior IT talen
Indian IT companies are back headhunting for senior roles. This and more in todays ETtech Top 5.
IT sector experiences leadership hiring surge after post-elections optimism, with a focus on diversity and global talent acquisition. Demand for tech talent rises in the US, driving senior leadership recruitment growth.
Pay packages of India's IT professionals have declined by 30-40 per cent from nearly Rs 1 crore per annum they commanded a year ago
Salary offers for IT professionals have dropped 30-40% due to global macroeconomic headwinds and IT sector slowdown. Big tech companies rationalized their workforce, leading to lower pay packets. Early-stage startups are hiring CXOs and senior tech talent at realistic salaries, including variables in the compensation. Michael Page India is helping startups, including an edtech firm, with tech hiring.