'Attractive salary hikes in store for IT professionals'
Monday, 02 May 2011, 15:29 IST   |    39 Comments
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'Attractive salary hikes in store for IT professionals'
New Delhi: IT industry is likely to witness attractive salary hikes and job offers for experienced professionals, resulting in high attrition over the next few quarters as demand for talent will outstrip supply, say experts. "It looks like a talent war among the IT companies, where people hold multiple job offers and try to select the best firm. And companies are also making efforts to select best talent pool for their requirements,"said Sunil Goel, Director, GlobalHunt, an executive search firm. Echoing similar view, staffing services firm Manpower India Head (Sales and Marketing), Namr Kishore said, "In India, demand far outstrips genuine qualified supply. Companies are vying for the best talent and are ready to offer hefty packages for the same, luring the employees to switch jobs at a swift pace." Wage hikes have been very good in IT companies this year. It has been 15-25 percent.
Source: PTI
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