Mohit Verma

The Indian IT hiring landscape is poised for recovery starting January 2025, according to insights from industry experts. After a prolonged period of workforce reductions due to global economic challenges, optimism is returning as headcount declines stabilize. Key points include: Headcount Trends: The top five IT services firms in India saw their aggregate headcount decrease for the seventh consecutive quarter. However, companies like Tata Consultancy Services (TCS), Wipro, and Tech Mahindra reported net additions in their workforce. Current Statistics: As of the first quarter of fiscal 2025, the total headcount in these firms stands at approximately 1,523,742, only slightly down from 1,525,776 in March 2024. Hiring Mandates: The number of open mandates in IT has increased from about 1,000-1,200 in 2023-24 to around 1,500-1,600 currently, indicating a potential uptick in hiring activity. This shift marks a hopeful turn for the IT sector after a challenging period characterized by reduced project pipelines and cautious hiring practices.

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AIM Research has recently launched its latest report on the 'Global Capability Centers (GCCs) Salary Trends in India 2024'. This report dives into salary trends in India’s GCCs, revealing role-based, industry, and location-specific pay benchmarks. Uncover how GCCs are driving competitive packages, talent retention, and sector-wide impact on India’s workforce. Some of the key highlights of the report are: 1. The salary gap between GCCs and Non-GCCs is around 20-25%, indicating that GCCs offer significantly better compensation on average. 2. Mumbai and Bangalore are the top cities for high median salaries, with Mumbai leading by an annual median salary difference of INR 50K. 3. Certain high-demand tech roles, such as Data Scientist, Cybersecurity Specialist, and AI/ML Specialist, command higher starting salaries (around 9–9.5 LPA) 4. PhDs have the highest median salaries, with tech PhDs earning 17.5 LPA, which is 5 LPA higher than those with a master’s in tech. Senior-level professionals across most Gen-AI roles, such as Generative AI Engineers (₹40.5 LPA), Gen-AI Research Scientists (₹40.5 LPA), and Synthetic Data Engineers (₹40.2 LPA), command some of the highest salaries in GCCs 5. As median salaries increase with experience, the pay gap between men and women employees also widens Read the full report here: https://lnkd.in/g-E3dzqc Subscribe to all the AIM Research's Report and Databases here: https://lnkd.in/gq4KD9yy #GCCSalary #GCCSalaryReport2024 #AIMResearch #SalaryTrends #GCCsinIndia #AIM #SalaryBenchmarkReport

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Check out our CHRO - Shrinivas Ayyagari’s latest article in ET HR World, where he maps out the must-haves that are reshaping the employee landscape. Read how hybrid workplaces and AI are game-changers and upskilling isn’t just a buzzword anymore! Access the article here: https://lnkd.in/gFK5n529 #thryveinthenews #thoughtleadership #leadershipopinion

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💡 Did you know over 95% of HR leaders in India struggle with workforce productivity? Yet, only 36% have embraced advanced, integrated #HRtech that leverages AI to support talent initiatives. The SHRPA State of the HR Industry– India Insights identifies this critical gap in HR’s ability to execute. But the solution is clear—strengthen your HR tech architecture. With 2025 fast approaching, how should companies advance their HR tech architectures? Join #SHRPATalentTalk: Advancing HR Technology Architecture to Elevate Talent Management Impact in India as we dive deep into emerging HR tech trends that will elevate your talent management strategy. 🚀 From AI-powered productivity tools to advanced analytics, discover strategies to elevating talent management impact through better tech usage. 📅 Save the Date: Tuesday, December 10 | 2024 03:00 - 04:00 pm IST 🔗 Register here : https://lnkd.in/gVcbXfwM Leena Wakankar Vaibhav Goel,Reliance Industries Limited Cheshta Dora (She/Her) #HRTech #TalentManagement #HRInnovation #SHRPATalentTalk #AIinHR

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SHRM India Tech HR Conference is a must visit event for the HR professionals. Shiv Shivakumar set the stage on what to expect from #SHRMIndiaTech. His message was WTF (What, Where, When) is THE Flexibility for the workforce. If you are the conference, let's connect. To those who want to join virtually to attend some of the sessions, check the comments link Anish Aravind Thirukumaran R Achyut Menon "AK" Ashish Gakrey Kunjal Kamdar Sarang Brahme Gaurav Bansal Achal Khanna Gautam Ghosh Girish Kohli Subin Cleetus #hyderabad #careers #hrtech #HR #tech

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AI, upskilling & purpose. Explore TA trends in APAC with insights shared by talent leaders at our roundtable events in Asia: https://lnkd.in/gtBiug6D In 2024, we brought together talent leaders from top organizations in India and Singapore as part of our global TA roundtable series to discuss the region’s trends, challenges and opportunities. Learn more in our recap. #IlluminateTalent

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At the recent Business Standard BSmart HR Conclave, the main discussion was on how HR is transforming to keep up with the times. With a multi-generational workforce and rapid tech advancements, leaders stressed the need for personalized employee solutions and the power of automation in reshaping job roles. Flexibility in work arrangements isn’t just a perk anymore—it’s essential for attracting top talent. At the same time, building future-ready skills remains a top priority. As HR evolves, it’s clear: success lies in finding the perfect balance between leveraging technology and staying human-centric. #HRLeadership #FutureOfWork #TalentManagement #BSmartConclave

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72% of candidates say the smoothness of an interview process would affect their final decision on whether or not to take the job. The Tech Talent landscape is changing fast. Join us as we host Business World 40under40 HR awardee Janani Prakaash for an exclusive webinar where she will share insights on how talent acquisition teams can navigate systems for achieving holistic hiring 🌟 You will get practical solutions and strategies to tackle burning problems and enhance your team's efficiency. We only have a few seats left, don't miss out on this opportunity. Register Now! https://lnkd.in/gcq8fwdJ 📅 Date: 28 June 2024 🕒 Time: 4:00 PM . . . [tech hiring, talent acquisition, hiring manager, tech hiring manager, talent acquisition manager, tech news 2024, hiring teams, recruitment process, recruitment management, business opportunities, hiring trends, HR struggles] #Webinar #TalentManagement #HiringSolutions #Leadership #TeamEfficiency #LinkedInLearning #InstagramMarketing

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The Changing Landscape of Hiring: Emphasizing People Skills Over Technical Expertise - By Meenakshi Jaryal With over two decades in TA, I’ve witnessed hiring trends transform dramatically. Today, companies prioritize people skills over technical abilities which traditionally ruled resumes for decades. This shift is reshaping talent acquisition, driven by several key factors. Why the Shift? - Cultural Fit and Collaboration : Modern workplaces thrive on collaboration and a strong cultural fit. Candidates with excellent interpersonal skills, emotional intelligence, and team-working abilities often bring more value than those with purely technical expertise. - Adaptability and Resilience : In a rapidly changing world, candidates who adapt quickly and demonstrate resilience are highly sought after. These traits are crucial for navigating today’s dynamic business landscape. - Leadership and Communication : Companies need leaders who can inspire, motivate, and clearly communicate their vision. Technical skills alone cannot drive a team to success without strong leadership; hence, the focus is on candidates with effective leadership and communication skills for senior roles. - Diversity and Inclusion: Embracing diversity and inclusion is now essential for success. Diverse teams bring a range of perspectives and ideas, fostering innovation and improving decision-making. Key Takeaways from Global Hiring Trends: - Emphasis on Soft Skills: Hiring candidates with strong interpersonal skills, emotional intelligence, and team-working abilities is increasingly important. - Adaptability as a Key Trait: Companies value candidates who can quickly adapt to changing circumstances and demonstrate resilience. - Leadership and Communication: Effective leadership and communication skills are essential for senior positions. - Continuous Learning and Development: Lifelong learning is crucial in a rapidly changing world. - Diversity and Inclusion: Emphasizing diversity and inclusion brings wider perspectives and drives innovation. My Insights : Over my career, I've realized that hiring managers need to continually adapt and expand their skill sets to succeed in today's dynamic landscape. Some key skills include: - Emotional Intelligence: Understanding and managing emotions is crucial. Assessing candidates' emotional intelligence leads to effective interpersonal dynamics. - Active Listening: Effective communication starts with active listening. Understanding candidates' experiences and motivations leads to better hiring decisions. - Cultural Sensitivity: In a globalized world, cultural sensitivity is paramount. Evaluating how candidates fit and contribute to the company's culture is essential. - Continuous Learning: Successful hiring managers must commit to continuous learning and stay updated on the latest trends and best practices. #HiringTrends #PeopleSkills #Leadership #Recruitment #TalentAcquisition #WorkplaceCulture #Diversity #Inclusion #GlobalCues

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In this insightful HrTech Cube interview, Sagar Khatri, CEO of Multiplier, shares his vision for the future of global hiring. Learn how Multiplier is helping businesses tap into global talent, simplify compliance, and drive innovation. Read more:- https://lnkd.in/gQt4PX6C #globalhiring #globaltalent #interview #htc #hrtechcube

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Going Beyond Borders: The Dynamics of International and Domestic #Outsourcing. Deciding between international and domestic outsourcing? Uncover the considerations for each option and make an informed decision that aligns with your business goals. 1. Delve into the advantages of international outsourcing, from a diverse talent pool to flexibility across time zones. 2. Explore the benefits of domestic outsourcing, including cultural familiarity and personalized customer experiences. 3. Discover the rising trend of hybrid models that combine the best of both worlds. Make the right outsourcing choice for your business! Explore the dynamics of international and domestic outsourcing. #GlobalOutsourcingDecoded #LocalVsGlobalSupport #OutsourceWisely #CostEffectiveOutsourcing #CulturalAlignment #OutsourceWisely

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As #AI transforms the way we #hire, it's not just about technology but harnessing AI's power to enhance human capabilities. Pankaj Minglani, Director Impeccable HR Consulting P Ltd in conversation with LinkedIn & People Matters sheds light into the evolving #recruitment landscape, the role staffing firms play and how recruiters can strike the perfect balance between automation and empathy. Read more https://lnkd.in/gittNVE6 #TalentAcquisition #FutureofWork

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In this latest episode of the #WeTalkTalent series, season 5, Prem Anand K, Head of Talent Acquisition, Narayana Health, shares key insights on navigating the evolving landscape of talent management. Click here to watch full episode: https://lnkd.in/gfctY5Kf #ETHRWTT #WTT #TalentTalks

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“We need a clear, consistent, and differentiated Total Rewards strategy and experience to keep talent engaged.” — HARISH BUBNA, HEAD OF COMPENSATION, INTUIT INDIA SURVIVING VS. THRIVING The effectiveness of Total #Rewards depends on whether employees feel they are surviving or thriving. Employees who are merely surviving face anxiety, financial insecurity, and limited #growth opportunities, impacting both their work and personal lives. Thriving employees, however, feel supported, valued, and hopeful, with access to mental health care, collaboration, and clear career growth paths. Survival needs, like financial stability and compensation, shape employees’ focus on Total Rewards initially. Once those needs are met, they become receptive to elements that foster thriving, such as recognition and development opportunities. Organizations must address both survival and growth needs to maximize the impact of their Total Rewards strategy. Generative Care 2025, Global Culture Report, O.C. Tanner Institute Image generated through AI #culture #talentmanagement #rewardmanagement #employeewellbeing

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Three stories that will trigger you. 1. Nokia refused Android 2. yahoo rejected google 3. Kodak refused digital cameras Lessons: 1. Take chances 2. Embrace the Change 3. If you refuse to change with time, you'll become outdated Two more stories: 1. Facebook takes over whatsapp and instagram 2. Grab takes over Uber in Southeast Asia Lessons: 1. Become so powerful that your competitors become your allies 2. Reach the top and eliminate the competition. 3. Keep on innovating Two more stories: 1. Colonel Sanders founded KFC at 65 2. Jack Ma, who couldn't get a job at KFC, founded Alibaba and retired at the age of 55. Lessons: 1. Age is merely a number 2. Only those who keep trying will succeed Last but not least: Lamborghini was founded as a result of revenge from a tractor manufacturer who was insulted by Ferrari founder Enzo Ferrari. Lessons: Never underestimate anyone, Ever! ✔️ Just keep working hard ✔️ Invest your time wisely ✔️ Don't be afraid to fail. #failure #decisionmaking #doordie #leadership #outofthebox #unconventional #entrepreneurs

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Here's a note on HR insights🤌🏻: "As I reflect on my journey in HR, I've come to realize that our role extends far beyond policies and procedures. We are the guardians of culture, the champions of change, and the catalysts of growth. Here are a few key learnings that have shaped my approach: Embrace empathy☺️: Understanding and relating to others is the foundation of building trust and fostering a sense of belonging. Cultivate curiosity 👀: Stay open to new ideas, perspectives, and experiences – it's the key to unlocking innovation and progress. Foster inclusivity👥: Create spaces where everyone feels valued, heard, and empowered to bring their authentic selves to work. Lead with vulnerability💪🏻: Authentic leadership is about embracing imperfections and being courageous enough to take risks. Celebrate milestones🥇: Acknowledge and celebrate the achievements and contributions of your team members – it's a powerful motivator! Remember, HR is not just about managing people – it's about empowering them to reach their full potential. Let's continue to elevate and inspire each other! #HRInsights #Leadership #Culture #Inclusion"

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Hey recruiters, have you ever faced the challenge of filling a wide variety of job roles all at once? 🤔 In this episode of TalentTalk, we posed the same question to Shweta Parekh, Manager HRBP at CRG Solutions, to which she replied, “How about having a platform where people across diverse roles can register themselves so recruiters can easily get candidates.” Not only this, she also recognized apna as one such platform that facilitates hiring for roles, irrespective of the industry. 🤩 What do you think about this? Share your thoughts in the comments section. #apna #acceleratingindia #talenttalk

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💻 What are the emerging IT markets in India? 🔎 What are the best markets to source recruiters in North America and Europe? ⚙ What are alternatives for shoring up niche engineer talent? Want to see what we uncovered? Find out in our recent Workforce Trends Report: https://lnkd.in/eg5kEwWx

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What’s the secret to future-proofing your workforce? Find out at People Matters TechHR Pulse Bengaluru on Dec 4, where Ceipal VP- Global Sales and Strategy Subhash Potturi will take the stage to moderate a thought-provoking panel discussion. From leveraging contingent workers and upskilling talent to adopting on-demand workforce strategies, the conversation will explore how companies can stay nimble in unpredictable markets today and build strategies for sustainable growth tomorrow. Our product experts are eager to meet you at booth #G6. Don’t miss this chance to learn, connect, and rethink the future of staffing! 

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