Tech Firms may offer 60 to 120% hike in salaries or offers from Next Upcoming year – Report Says!!

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salary hike
salary hike

Tech Firms may offer 60 to 120% hike in salaries or offers from Next Upcoming year – Report Says!!!! To encourage the working skill or to praise their employee’s talents, tech organizations in the nation decided to may offer 60 to 120 percent hike in salaries or offers from the upcoming year to those with niche skills.

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 Economic Times reported, quoting recruitment consultancy firm Xpheno full-stack engineers, data engineers, data scientists and backend engineers are likely to be in demand. The Indian Information Technology sector companies have a goal to appoint randomly 4, 50,000 tech people in the latter half of the upcoming business year 2022.

 TeamLease, an industry hiring expert informed that, IT sector is on a positive appointing trajectory and will reach a head count of 4.85 million in FY 2022.  IT giants TCS, Infosys, HCL, Wipro, Amazon, Microsoft and many other tech organizations are now doubling down on their hiring plans. The impact of corona virus on India’s job market said that the demand for IT professionals has grown 400 percentages.

 The developing companies are expected to give a 50 to 120 percent hike in offers and counter offers, depending on the role, Xpheno reported. GCCs and IT services sectors are expected to offers 5 to 14 percent hikes. This is a big chance to aspirants who are all aim to get place in the IT field.

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