IT industry body Nasscom on Thursday said the sector continues to be a net hirer of skilled talent, and that the top 5 Indian IT companies are planning to add over 96,000 employees in 2021-22. The statement comes in the backdrop of a report by Bank of America that said domestic software firms are set to slash 3 million jobs by 2022 as automation gains pace across industries, especially in the tech space. "With the evolution of technology and increasing automation, the nature of traditional IT jobs and roles will evolve overall leading to creation of newer jobs. "The industry continues to be a net hirer of skilled talent, adding 1,38,000 people in FY2021," Nasscom said in a statement.
An individual with a self-learning attitude is critical to surviving and growing in a competitive environment, says Narayan Mahadevan.
'Generic skills are in abundance, but technological advancements have left staple skills redundant.' 'It is why employers are now looking for alternate sources of hiring -- deploying gig workers, looking at Tier 2 and Tier 3 cities for relevant talent.'
Sanjeev Goel, business head, Manipal ProLearn, lists 10 courses that are currently most suitable for working professionals to upskill or reskill to ensure they remain of value in the job market and in future-ready organisations.
Keep the meetings short, understand that everyone has a different schedule and life style, advises Indira Ramachandra, chief human resources officer, AscentHR
A couple of days after convincing former India captain Rahul Dravid to take up the responsibility, the BCCI on Sunday issued advertisement for the post of head coach and three support staff as per Lodha Committee mandated constitution.
Recruiters are now in search of candidates with soft skills alongside tech-based knowledge, says Ambrish Sinha.
Tech-driven skills will be in demand in the post pandemic era, alerts Sonya Hooja, COO and co-founder, Imarticus Learning.
As more organisations across sectors awaken to the far-reaching benefits of having skilled data professionals on board, the demand is projected to grow by 28% by 2026, notes Subramanyam Reddy, founder and CEO, KnowledgeHut, a global edtech firm.
Acknowledging a job well done can go a long way especially for professionals who are the driving force behind an enterprise's business operations, notes Vijay Gupta, director-global human resources at Rahi, a tech solutions provider.
The country must adopt Singapore's three-pronged strategy of creating new jobs, redeploying displaced workers and constantly upskilling workers.
The one common thread that we see across these jobs is that they are all highly human-centric, points out Ramesh Kumar.
Amid an existential crisis confronting the company, Vodafone Idea CEO Ravinder Takkar has reached out to consumers reaffirming the telco's commitment to continue providing "superior services and best-in-class propositions". Thanking users for their continued support as the company approaches first anniversary of 'Vi' branding, Takkar noted that Vi came with a promise of a better tomorrow, bringing the best in technology, services and solutions for the Digital India and Digital Bharat. The company will continue to deliver on this promise to keep users ahead, Takkar said in the mailer to consumers.
It is important for working professionals to not get attached to a designation or title or brand or a company name, asserts Aditya Malik, MD & CEO, Talentedge.
Unless you know what you are and what you are not, how will you get an appropriate job?
Reading books will make you curious, build your imagination and nourish your brain into an organic super power.
Line up tasks that require physical presence, like meetings or team sessions, for the days you will be working from the office. Tasks that can be performed in isolation should be left for home.
The Bengaluru-based company had registered a net profit (after minority interest) of Rs 5,197 crore a year ago, a regulatory filing said. Infosys' revenue grew 22.9 per cent to Rs 31,867 crore in the quarter ended December 2021 from Rs 25,927 crore in the year-ago period, it added.
Clearly demarcate family time in your schedule and ensure that you do not work, receive calls or even reply to emails during this time.
The bid amount will go towards three charities -- Naandi Foundation, Swades Foundation and PM-CARES -- with Mahindra contributing a matching amount, reports Rajesh Karkera.
IT firms Infosys and Mphasis on Tuesday said they will create employment for about 2,000 people, while Wipro will invest pound 16 million (about Rs 163 crore) in the UK over the next few years. The announcements were made ahead of the virtual summit between UK Prime Minister Boris Johnson and his Indian counterpart Narendra Modi on Tuesday. Infosys said it plans to hire 1,000 workers in the UK over the next three years as part of efforts to support the country's economic recovery and growth.
Go beyond your college classroom. Take part in fests. Pursue an internship, says Abhishek Ajmera.
Organisations today are more focused on candidates' skills that will not only add business value to the organisation but also help them thrive.
With automation taking place at a much faster pace across industries especially in the tech space, domestic software firms that employee over 16 million are set to slash headcounts by a massive 3 million by 2022, which will help them save a whopping $100 billion mostly in salaries annually, says a report. The domestic IT sector employs around 16 million, of them around 9 million are employed in low-skilled services and BPO roles, according to Nasscom. Of these 9 million low-skilled services and BPO roles, 30 per cent or around 3 million will be lost by 2022, principally driven by the impact of robot process automation or RPA. Roughly 0.7 million roles are expected to be replaced by RPA alone and the rest due to other technological upgrades and upskilling by the domestic IT players, while it the RPA will have the worst impact in the US with a loss of almost 1 million jobs, according to a Bank of America report on Wednesday.
At this point, it is crucial to think of solutions that will help flatten the curve and also generate income, says Pratyush Banerjee.
'During the course of these two years, as new people have joined, we have no mental picture to associate with them and hence, have little connection with them.'
The Indian IT services sector is scrambling to retain talent since digitisation-led transformation has increased the demand for a digitally skilled workforce. As a result, the pull for jobs for tech professionals is also coming from non-IT sectors, leading to higher attrition among IT companies. The average number of tech jobs from non-IT sectors has seen a 41 per cent uptick in March-May'21 versus March-May'19, according to data from Naukri.com.
A candidate with good communication skills, critical thinking and problem solving abilities will have a higher chance of being hired.
In order to bring uniformity, the need for following the existing framework for either imposition of restrictions or allowing relaxations based on the burden of disease and strain on healthcare infrastructure still remain important.
An individual must have tolerance for ambiguity and will have to learn to adapt to changing scenarios, suggests Career Coach Dr Shruthi J Mayur.
Leadership, teamwork, communication, productivity, and wellness skills are essential for every employee's success.
HR Guru Mayank Rautela offers practical advice.
Utilise this time to gain hands-on experience on newer skills or refine current ones.
Cybersecurity is a great opportunity for you to start your career.
'Lakhs of engineers graduate every year in India and the IT industry used to be the primary recruiter. That is going to end.'
If you are serious about your future, here are some MBA programmes and short courses you can consider, advises Arun Jagannathan is co-founder and CEO, CrackVerbal.
There was a worry that such a policy would hamper businesses, create resentment among the male staff and perhaps also discourage companies from employing women. However, this has proved to be misplaced.
The encouraging news, however, is that India features among the top four countries out of 44 nations that projected a positive hiring trend.
Continuing with the same behaviour while things around you change is a sure recipe for failure. Successful leaders will demonstrate agility and adaptability.
Curriculum manager Tanvi Khemani explains how these courses and skills can help you achieve your immediate and long term career goals.
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