IT sector to see highly positive hiring trends this year: Survey

Survey unveils that almost 97 per cent of the HR managers polled said the industry will see a substantial increase in overall workforce in the coming year

PTI | June 13, 2011



The IT sector is likely to witness a 20 per cent increase in overall workforce levels in the coming year as this segment will continue to see double digit growth, says a survey.

According to the IT Employer Survey by HeadHonchos.com - a job search portal for senior management professionals, 76 per cent of respondents expect the increase in headcount to be in the range of 11-15 per cent whereas 36 per cent expect this figure to be as much as 16-20 per cent.

"Hiring is set to increase across all levels, including 9.5 per cent for middle management and 4.5 per cent for senior professionals," HeadHonchos.com CEO Uday Sodhi said.

Overall as many as 97 per cent of the HR managers polled said the industry will see a substantial increase in overall workforce in the coming year.

However, the IT industry will continue to reel under attrition pressures and this year it is likely to be more challenging than last year as overall attrition rate is expected to hover around 14.4 per cent, the report said.

"There will be a double impact on hiring as the increase in manpower count is accompanied by replacement hiring on account of the attrition numbers," Sodhi said.

For fresher and junior levels, attrition is expected to be 13.6 per cent across the industry, for mid management attrition would be around 9.2 per cent and senior management levels it is expected to be 4.8 per cent, the survey said.

In order to curtail attrition levels, companies are planning to focus on compensation, skill development and improvement of work environment in the year ahead.

The survey that covered top 100 IT companies in India was based on the views of HR professionals across the country and forecasts trends on work-force growth and expected attrition.
 

Comments

 

Other News

Maharashtra adopts hybrid model for Census 2026 data collection

The government has initiated preparations for Census 2026 in Maharashtra, introducing a hybrid approach that combines optional self-enumeration with comprehensive door-to-door data collection to ensure complete coverage across the state.   According to senior officials, the Self-

What the nine Indian Nobel winners have in common

A Touch Of Genius: The Wisdom of India’s Nobel Laureates Edited by Rudrangshu Mukherjee Aleph Books, Rs 1499, 848 pages  

Income Tax dept holds Ghatkopar Outreach on new IT Act

The Income Tax Department organised an outreach programme in Ghatkopar, Mumbai, to raise awareness about the key features of the Income Tax Act, 2025, effective April 1, 2026. The initiative is part of a nationwide effort to promote taxpayer awareness, simplify compliance, and strengthen a transparent, eff

Making AI work where governance is closest to people

India’s next governance leap may not solely come from digitisation. It will come from making public systems more intelligent, more adaptive, and more responsive to the dynamics at the grassroots. That opportunity is especially significant at the panchayat level, where governance is not an abstract po

Borrowing troubles: How small loans are quietly trapping youth

A silent crisis is playing out in the pocket of young India, not in stock markets or government treasuries, but in smartphones of college students and first-jobbers who clicked on the Apply Now button without reading the small print.  A decade ago, to take a loan, you had to do some paperwor

A 19th-century pilgrim’s progress

The Travels of a Sadhu in the Himalayas By Jaladhar Sen (Translated by Somdatta Mandal) Speaking Tiger Books, 259 pages, ₹499.00  


Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter