Indian IT companies are delaying joining dates of new hires. This may reflect an expected slowdown in demand for IT services in mature markets. It may also have something to do with the double digit salary growth witnessed in this sector, which is reflected in lesser attrition – attrition is down from 25% to 15%.
However, this is not dampening the current hiring spree, which reflects an expected uptick in demand for IT services within the next 1.5 – 2 years.
- IT hiring in India reflects strong future growth (abhishekkathuria.wordpress.com)
- IT, BPO sectors create maximum jobs in India (mantavya.wordpress.com)
- Cognizant shines in Indian IT sector (ft.com)