Tech firms are ramping up their hiring, and it’s a great moment to be a top employee.

The technical world is experiencing one of the greatest demands for skilled workers in recent memory, which no one could have predicted during the darkest months of the global pandemic.

According to the TOI, MNC technology centres, IT service companies, and technology start-ups are hiring thousands of people, and those with cutting-edge skills are well compensated.

This diagram would clearly show: Between Oct ’20 and Mar ’21, the average salary for cloud security, data science, Python, cloud platform development, Java/Net, e-commerce suite, and RPA skills increased by 28-34 percent.

Engineers and those with a background in mathematics and statistics are on a dream run

According to Sangeeta Gupta, Nasscom’s chief strategy officer, the wave could last a few months. According to Jagdish Mitra, chief strategist at Tech Mahindra, it could last up to three years.

According to the report, engineers and those with a background in mathematics and statistics are on a dream run, with many of them holding multiple offers and competing with one employer to make counter offers.

Companies that need to hire people quickly to meet customer demands face challenges. According to Atul Batra, former Head of the Nasscom Product Council, unfunded start-ups are the hardest hit because their salaries are competitive with those offered by MNCs.

Due to a lack of options, firms are forced to hire people from small town colleges and polytechnics they have never heard of, according to Gupta.

As a solution, Gupta stated that companies would quickly train new workers so that they could be deployed on projects, upgrade existing workers with new technologies, and encourage women to return during the lockout.

Experts believe that in order to close the long-term demand gap, India should prioritise skill and education initiatives.

“Learning is the future, but apprenticeship is a three-way contract between the company, the university, and the student,” said Manish Sabharwal, Vice President, Talent Provider TeamLease Services, emphasising the importance of apprenticeship in close collaboration with academia.

Nasscom, in collaboration with the government, offers a variety of courses at subsidised rates via the FutureSkills Prime platform. Mindtree has partnered with BITS Pilani to offer BSc and BCA graduates employed by the company the opportunity to complete their MTech degrees.


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