Bengaluru to Bay Area: Is there truth in Bhavish Aggarwal s remarks on tech hiring?
Despite rise in salaries, what Indian techies make are 50 per cent-60 per cent lower in comparison to the US, says Yeshab Giri, Randstad India director (staffing) Monster Hiring Index noted a strong 32 per cent year-on-year growth for IT-hardware and software and a flourishing demand for talent in Bengaluru (50 per cent)-16:9 Vidya S
Updated Aug 04, 2021, 12:21 PM IST
Multiple simultaneous job offers, 50-70 per cent joining hikes, Mercedes Benz cars and holiday in Dubai are the order of the day for top-notch tech talent in India as they enjoy a good run due to pent-up demand and Covid-led digitisation of enterprises. But comparing the pay of Bengaluru talent to that of counterparts in San Francisco s Bay Area, as Ola CEO Bhavish Aggarwal did perhaps jokingly, maybe stretching it too far.
Bhavish Aggarwal's remarks on hiring scene: Bengaluru techies earn big bucks but no comparison to Bay Area businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.
Contract staffing demand for tech talent nears pre-COVID levels
While pent-up demand is being cited as a reason for the surge in contract staffing, a healthy deal pipeline at IT firms is also driving the need for manpower. December 17, 2020 / 05:02 PM IST
After a largely dismal year, things seem to be finally looking up for contract staffing firms catering to the IT sector. After having witnessed a steep decline due to the pandemic since April, demand is now back to 80-90 percent of pre-COVID-19 levels. Also, salary increases of up to 20 percent are on offer for niche talent.
“Never seen a December as bullish as this year,” said Sanju Ballurkar, President of Experius IT, a part of staffing firm ManpowerGroup India.