The IIT graduate left London and retired in India due to lower burn rate and to spend more time with his parents. He aims to settle in India and support his family.
This fiscal, software firms are offering hikes of 18-22% to those jumping jobs, while earlier, such candidates would command an increase of over 40% — even up to 100-120% — in remuneration, according to data from staffing firms accessed by ET.
Janco is an international consulting firm that follows issues that concern CIOs and CFOs and publishes a series of IT and business infrastructure HandiGuides® and Templates including detailed IT Job Descriptions, IT Infrastructure, Policies and Procedures, Disaster Recovery/Business Continuity Template, Security Template, and its semi-annual IT Salary Survey.at the same time, there are almost 130K unfilled open requisitions for IT Professionals.
Over the last three years, as per data by Xpheno, IT Service bellwethers have collectively increased compensation costs by 64%, while collective revenues grew by a little over 57%. This shows that the input cost is much higher than the output being generated.