Hyderabad: With a digital transformation triggered by Covid-19 which leads to a surge in demand for technicians with the right set of hot digital skills, talent has emerged as king.
The reason: most companies pursue a number of technicians with digital skills, send friction rates that surge through the roof in the IT & ITES sector Hyderabad.
According to industry experts, the friction rate that floated in the range of 10-15% before the pandemic was hit last year, has now increased by 20-25% level and even jumped up to 30% in several companies.
This means that IT companies make salaries that are at least 50% or higher than the 25-30% increase offered earlier on the move of work, Honcho said on IT companies.
“Digital technology has increased very fast, which drives talent requests with digital skills.
Also, people work from home and if they have discomfort or feelings of uncertainty they continue to look for work as a job offer and salary also rise,” said Hyderabad Enterprises Association (Hysea) President Bharani Kumar Aroll.
Aroll also shows that it is a request for talents that they have the right skills to hold several job offers at a certain time point.
Approve, Vinay Agarwal, VP-HR, Tech Mahindra, said there was an unprecedented request for certain critical digital skills which with techniques with these skills really enjoyed shopping windows because they became aggressive woo by many companies.
“With the acceleration of post-pandemic digital transformation, cloud adoption has emerged as a large driver spending and demanding talent.
The company in the cloud room is recruiting greatly for their data center.
On the side of the application development, because digital is the only way for all companies to reach customers to reach customers They, who also created a large demand for digital skills, “Agarwal explained.
“All innovations have also triggered a startup culture and with many funding pursuing startup, they also make large monetary offers for those who have the necessary skills,” he added.
V Laxmikanth, a former chair of the National GCC Board in Nasscom, said that there had been a large uptick in friction in the past six months driven by hidden requests as for last year and half a year there was growth.
But there is no real recruitment.
“Everyone has accelerated their digital travel because the remote work has changed the way most organizations work.
So suddenly we see demand for people with digital skills that allow technology such as Cloud, Devops, AI & ML and software engineering,” Laxmikanth added.
HYD: The friction rate increases as a talent of the king emerged technology
