Domestic companies are grappling with selecting the right talent for AI training amid rapid technological changes and a lack of clear guidance, even as major IT firms invest heavily in upskilling their workforce to stay competitive
Consulting Companies Choosy While Hiring: KPMG is looking at fresher talent specialising in advanced analytics and cybersecurity. Akhilesh Tuteja, partner, KPMG in India and global head (cyber security), says it is difficult to find laterals in advanced analytics, and laterals do not have the time to upskill, while freshers are willing to learn.
Chartered accountants are in high demand due to rising compliance requirements and growing economy, leading to pay hikes of up to 50% for lateral hires. They are offered opportunities in consulting and training in AI-led programmes to retain talent.
As 2024 has a number of holidays close to the weekend, many companies are also clubbing these to give extra time off to their employees. For now, most companies have given off to their staffers in the last week of 2023.