It is no secret that the Indian IT sector led the recovery in the job market following a year-long hiring freeze due to the COVID pandemic. And it seems the buoyancy is going to continue in the second half of this financial year. With a jump in demand for talent in the corporate sector, big IT companies such as TCS, Infosys, Wipro, and many others have doubled up their hiring activities.
According to market intelligence firm UnearthInsight, the IT sector in India will witness a gross addition of over 4.5 lakh jobs in the second half of the 2022 financial year. In comparison to the first half of the year, these these additions reflect a growth of 12 percent.
With higher attrition of around 7-19% in the second half of FY22, the tech sector is expected to have a net employee addition of 1.75 lakh in the period, the report showed. As per the report, about 2,50,000 freshers are likely to be added in 2022 fiscal by more than 30 domestic and multinational IT firms in the country.
The report also stated that focus on campus and fresher hiring will help the IT companies to control the overall attrition rate. However, fresher hiring this fiscal is expected to be dominated by the top-five IT companies in India.
IT major Tata Consultancy Services (TCS) has already revealed plans to hire 77,000 fresh graduates, followed by Cognizant and Infosys 45,000 each, while HCL and Tech Mahindra are targeting 22,000 and 15000 hirings respectively.
A leading news agency of India tried to analyze data from five different sources to find that there has been significant growth in jobs over the last few years under the PM Modi government. The data derived from Periodic Labour Force Survey (PLFS), EPFO, RBI, National Career Services or NCS portal and various job-intensive schemes, reveals that India has witnessed a growth in jobs and a decline in the unemployment rate over the last few years.
The nation is witnessing a huge number of job scam cases with the majority being from fake job ads. As newspaper remains the traditional and popular way to find job ads, the press council has taken cognizance of the matter.
Are you on the lookout for exciting career opportunities in the public sector? Look no further, as a host of government organizations have recently released notifications for various job vacancies.Irrespective of whether you are an experienced professional or a fresh graduate, there are plenty of openings to explore.
The Central Warehousing Corporation has invited online applications for 154 vacancies in various positions such as Junior Technical Assistant, Assistant Engineer, and Superintendent. Those who are interested and fulfill the eligibility can apply on the CWC's official website, www dot c e w a c o r dot nic dot in, before the deadline of September 24.
A leading news agency of India tried to analyze data from five different sources to find that there has been significant growth in jobs over the last few years under the PM Modi government. The data derived from Periodic Labour Force Survey (PLFS), EPFO, RBI, National Career Services or NCS portal and various job-intensive schemes, reveals that India has witnessed a growth in jobs and a decline in the unemployment rate over the last few years.
The nation is witnessing a huge number of job scam cases with the majority being from fake job ads. As newspaper remains the traditional and popular way to find job ads, the press council has taken cognizance of the matter.
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