Experis IT Employment Outlook Survey (EITEOS) reveals that the trend of hiring is in favour of the agile millennial and Gen Z workers. Employers are looking for more trained fresh IT graduates. Non-IT companies will play a significant role in hiring techies.
According to the Experis IT Employment Outlook Survey released today by Experis IT – Manpower Group India, IT hiring intentions will be steady for the period April’19 – September’19. IT professionals can look forward to fresh job opportunities through the upcoming months.
Manmeet Singh, President at Experis IT, ManpowerGroup India states, “India, as an economy, has fared well in the game of talent competitiveness and ease of doing business. Jobs are being created. According to NASSCOM’s annual strategic review, the Indian IT industry has seen significant growth in the recent times. The report states that India’s $160-billion IT industry created 1.7 lakh new jobs in 2018. Many of these new jobs are created in the domain of emerging technologies such as Artificial Intelligence (AI), data analytics, and cybersecurity.
But the talent shortage gap is yet to be filled. And changing skills needs is pushing talent shortage further up. Lack of available talent is what makes it difficult for Indian employers to fill job positions, especially in IT.
Government and corporations are taking up training and upskilling initiatives to fill this gap.
Employers are embracing innovative and flexible ways of working, and talent is the currency of success. The captives are largely leveraging India’s talent pool to set up their innovation centres. Given the quality of talent India has, a coalition between the industry bodies, IT companies and the Government to equip this talent pool with the required skills may help us leverage the labor cost arbitrage and create more jobs in the IT sector.
In the face of rapid technological advancement, companies will need professionals who are creative thinkers, agile adapters and fast learners. Hiring parameters are, therefore, changing, with increasing demand for higher calibre candidates in the lower age group to fit the job requirements. Those with the right skills and a learning curve will remain relevant in the world of work.
The recruitment domain is also going through an automation revamp. The conventional practice of a management-driven approach, which seemed one-sided, has been taken over by a candidate-driven method, putting the spotlight on the candidate. Candidate are being seen as consumers of the HR services. Organizations are therefore thinking actively about Employer branding to attract talent.” added Mr. Singh.
According to the Talent Shortage Survey conducted by ManpowerGroup, 45% employers across the world said they can’t find the skills they need. For India, the statistics are alarming. 56% Indian employers said they face difficulty filling roles. Employers are more active than ever in applying a mix of workforce strategies to address talent shortages. Outsourcing to another company or country is a consideration for 16% of employers that cannot find the talent they need. Working with partners that specialize in fast-changing tech roles that are often project-based – cloud-computing, Java, DevOps or cybersecurity – can be more efficient than sourcing and maintaining capabilities in-house. Globally, more than half (56%) of employers say communication skills, written and verbal, are their most valued human strengths followed by collaboration and problem-solving.
About the Survey
Experis IT Employment Outlook Survey (EITEOS) is a unique exercise executed for the first time in the Indian IT domain. For this survey, Experis IT surveyed IT and non-IT employers across India. This survey is conducted every 6 months to measure IT employers’ hiring intentions to increase or decrease the number of employees in their workforce. Indian IT employers across India were surveyed with the focus on their hiring intentions of employment trends pertaining to the regions, practice areas, skills, experience levels and size and type of organization.
For the Experis IT Outlook, visit at ManpowerGroup India website: http://manpowergroup.co.in/news-release.html). Full survey results can be found in the Thought Leadership section of the ManpowerGroup India website at http://www.manpowergroup.co.in.
About ManpowerGroup
ManpowerGroup® (NYSE: MAN) is the world’s workforce expert, creating innovative workforce solutions for nearly 70 years. As workforce experts, we connect more than 600,000 people to meaningful work across a wide range of skills and industries every day. Through our ManpowerGroup family of brands – Manpower®, Experis®, Right Management ® and ManpowerGroup® Solutions – we help more than 400,000 clients in 80 countries and territories address their critical talent needs, providing comprehensive solutions to resource, manage and develop talent. In 2016, ManpowerGroup was named one of the World’s Most Ethical Companies for the sixth consecutive year and one of Fortune’s Most Admired Companies, confirming our position as the most trusted and admired brand in the industry. See how ManpowerGroup makes powering the world of work humanly possible: http://www.manpowergroup.com.
About Experis IT
Experis IT, a ManpowerGroup company is a leading provider of innovative IT solutions offering an advanced portfolio of matching the top IT talent to jobs with the most respected IT organizations, and providing end to end solution including transition, operating and transforming an IT portfolio.
Our Offshore Development Center in India is the hub of technical knowledge, manpower and the infrastructure to drive mission-critical initiatives with proven methodologies and innovative approaches.