With the global economy gradually bouncing back, the IT job market is also picking up and 2-2.5-lakh jobs in the sector are likely to be up for grabs, a top Infosys official said on Wednesday.
“The job scenario is improving...This year the market is likely to see around 2-2.5-lakh jobs,” said Infosys director-human resources Mohandas Pai.
The IT jobs market will, however, not be the same as it was two years ago, but will also not be as bad as it was last year, Mr Pai said, adding that the fresher-lateral hiring ratio is likely to be around 65:35% this year. Two years ago, there were 3-4 lakh jobs available in the IT market, Mr Pai pointed out.
The industry has witnessed a lower growth rate in the past 18 months, Mr Pai said, adding that the market is not so open now.
Infosys has plans to hire around 20,000, he said, adding that, however, campus recruitments will be lower this year as compared to the past two years.
“This year, Infosys will be hiring around 20,000, against 16,000 that we recruited last year. Campus recruitments, however, will be less,” he said. However, he did not divulge the exact number that he is planning to hire through campus recruitments.
Mr Pai said that Infosys has given a 7-8% hike across the board whereas globally it was 2%. Attrition stood at 10% at Infosys, he said.
Source:
http://economictimes.indiatimes.com/news/news-by-industry/jobs/IT-sector-may-off
“The job scenario is improving...This year the market is likely to see around 2-2.5-lakh jobs,” said Infosys director-human resources Mohandas Pai.
The IT jobs market will, however, not be the same as it was two years ago, but will also not be as bad as it was last year, Mr Pai said, adding that the fresher-lateral hiring ratio is likely to be around 65:35% this year. Two years ago, there were 3-4 lakh jobs available in the IT market, Mr Pai pointed out.
The industry has witnessed a lower growth rate in the past 18 months, Mr Pai said, adding that the market is not so open now.
Infosys has plans to hire around 20,000, he said, adding that, however, campus recruitments will be lower this year as compared to the past two years.
“This year, Infosys will be hiring around 20,000, against 16,000 that we recruited last year. Campus recruitments, however, will be less,” he said. However, he did not divulge the exact number that he is planning to hire through campus recruitments.
Mr Pai said that Infosys has given a 7-8% hike across the board whereas globally it was 2%. Attrition stood at 10% at Infosys, he said.
Source:
http://economictimes.indiatimes.com/news/news-by-industry/jobs/IT-sector-may-off
