The demand for skills in cloud computing, data analytics, cyber security, DevOps, machine learning etc has also led to higher attritions for the fourth quarter of FY21.
The software services exporter said that the attrition rate for FY21 remained at an all time low at 7.2% and the total headcount jumped to 488,649.
On Sunday, India reported more than 1.50 lakh new Covid cases, sparking worldwide concern.
IT sector witnesses highest discrepancy at 16.6 per cent in employee background verification: Report
Despite a drop in the overall discrepancy in the last three years, AuthBridge said in its sixth annual trend report that the healthcare sector had the second-highest discrepancy at 12 per cent.
Govt employees too want work from home or 50% staff at office
Kochi is known worldwide for a myriad of things — culture, tourism attractions, spices, and rich history of global trades.
No increment in 2020 due to pandemic leads employees to expand their skillset.
Rs 359.91 crore allocated for establishment, scheme expenditure.
Kazhakootam, which houses Technopark -- India’s first information technology park -- is around 14 kilometres away from the capital city.
The data is drawn from abridged quarterly financial results of 2,692 listed non-government non-financial companies.
The Covid-19 pandemic had a massive impact on the IT sector wherein many employees had been laid off and struggling to find appropriate jobs.
“This is the first time in India that a welfare fund has been implemented for IT employees. Kerala has set an example for other states,” said Vineeth Chandran, secretary, Prathidhwani.
Job postings have seen a significant rise in several metro cities, including Bengaluru, Hyderabad, Pune and Delhi, accounting for more than 50 per cent jobs in the sector in January 2021.
As of 2020, Hyderabad has 6,00,000 employees in the IT/ITES sector, working in more than 1,500 companies.
Besides, the nation’s maiden Data protection bill is also likely to be tabled during the upcoming Budget session.