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IT employees wooed with bonuses & bikes - Times of India


IT employees wooed with bonuses & bikes
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IT employees wooed with bonuses & bikes
Shilpa Phadnis & Avik Das / TNN / Updated: Aug 3, 2021, 14:10 IST
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BENGALURU: It’s raining jobs in Indian IT. But there aren’t enough qualified people. So resignations are soaring in the $195-billion industry. Everyone’s poaching from each other. Techies with a few years of experience are holding multiple job offers.
They are being wooed with joining bonuses. Fintech firm BharatPe is offering BMW bikes to new joinees. There are others offering iPhones and flexi-working. Some companies are even paying Rs 1,000 to Rs 5,000 each to candidates to take their assessment tests, irrespective of whether the candidates eventually join these firms. ....

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IT employees wooed with bonuses & bikes


IT employees wooed with bonuses & bikes
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It’s raining jobs in Indian IT. But there aren’t enough qualified people. So resignations are soaring in the $195-billion industry. Everyone’s poaching from each other. Techies with a few years of experience are holding multiple job offers.
TNN
(This story originally appeared in
on Aug 03, 2021)BENGALURU: It’s raining jobs in Indian IT. But there aren’t enough qualified people. So resignations are soaring in the $195-billion industry. Everyone’s poaching from each other. Techies with a few years of experience are holding multiple job offers.
They are being wooed with joining bonuses. ....

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SaaS-y salaries are 30% more than traditional IT services — and they're making it tougher for traditional IT service firms to find the right talent


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What were once considered to be niche skills before the pandemic are now mainstream, especially with the wave of ‘digital transformation’ as lockdown forced businesses to shut down their physical stores. “Organisations are looking to hire talent with bundled skill sets, rather than just one skill, driving up the salary expectations and offers in the market,” said Vijay Sivaram, the chief executive officer (CEO) of Quess IT Staffing.
Having at least two years of experience is all you need to capitalise on your skillset. It doesn’t matter which sector you were in, or what brand you were working on, your knowledge is what companies are looking for when hiring. ....

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IT hiring to grow 10-12% in 2021 as global purse strings loosen: TeamLease


After hitting the slower lane, IT hiring is expected to pick up in 2021 showing double-digit growth as global clients open up their purse strings to digitise their operations using new age technologies. According to staffing solutions provider TeamLease the demand for IT talents is expected to gain momentum in 2021 and see a growth of 10-12 per cent backed by positive demand environment.
The uptick is expected to be led by recovery in demand for contractual staff which had taken a massive hit apart from advanced technical skillsets such as data sciences and data analytics the demand for which is expected to see an increase of 45 per cent. ....

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