TCS, Infosys, Other IT Firms Offering Upto 120% Salary Hike; Employee Demand Surges By 400%
According to the Indeep Report, which thoroughly examined the impact of the Pandemic on India’s job market. According to the survey, the need for IT workers has increased by 400%.
Demand For Skilled Technical Job Roles
From January 2020 to February 2021, demand in job categories such as Application Developer, Lead Consultant, Salesforce Developer, and Site Reliability Engineer increased by 150-300 per cent, making them the most sought after.
The report also stated that companies are hiring full-fledged and are offering hikes salary hikes of 70-120 per cent for full-stack engineers which is far more than the salary offered last year.
Biggest Recruitment Drive For Women Professionals
Tata Consultancy Services (TCS) has launched the biggest recruitment drive for talented experienced women professionals as Rebegin. TCS is focusing on providing opportunities for women in India.
The organisation is attempting to create an impact in the industry by launching a special hiring initiative with new perspectives and skillsets. TCS is expected to hire between 38 and 45 per cent, women, through campus placements, as it has for the past three years.
Big IT companies like Tata Consultancy Services (TCS), Wipro, HCL Technologies, and Infosys are planning to hire around 60,000 women candidates this year through campus placements.
These organisations have already demonstrated a strong commitment to advancing gender diversity in the workplace, and their initiatives have already yielded considerable results.
HCL intends to hire 22,000 people, 60 per cent of whom will be women. In the following years, the organisation hopes to achieve a 50:50 gender diversity balance
Infosys is focusing on having 45% feminine workers in its complete workforce by 2030. Infosys said that they plan to hire 35,000 college graduates for the financial year 2022.
Wipro plans to hire 30,000 candidates through campus placement this year, 50 per cent of which are likely to be women.
This means that the total wage bill for the entire IT sector is going to go up by $1.6-1.7 billion in FY22.