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Online portals, social media hire most in IT industry in FY2015

Digital wave has changed the paradigm of hiring, with skills on data scientists being the top skill in demand

<a href="http://www.shutterstock.com/pic-134271266/stock-photo-job.html?src=K_G82NcTTNzBhIr8LWGiiQ-2-17" target="_blank">Jobs</a> image via Shutterstock

BS Reporter Chennai
The IT industry in the country has relied more on online job portals and social media to hire new talent during FY 2015, as compared to the conventional models of campus recruitments, recruitment agencies and employee referrals, according to Nasscom survey. The focus is shifting from scale to skill in terms of hiring and there is a strong digital impact on hiring models.

According to the Nasscom Survey released today during the Nasscom HR Summit 2015, social media has emerged as the new go to channel for recruitment. In terms of percentage of responses, using different recruitment channels, the online job portals and social media accounted to 44% of the hiring while 22% was from employee referrals, 21% from recruitment agencies and 14% from campus recruitment.

 

Data Scientists, platform engineering, mobile apps, cloud and virtualisation and user experience design were the top technology skills in demand, while the top domains in demand were Engineering, BFSI, mathematicians, healthcare, lawyers and economists. Entrepreneurial people were the most sought after,while the other talents in demand include people who are having influencer skills, who have skills to influence and people who are growth hacking, which means they could identify the growth potentials and tap it without delay, among others.

"While the emergence and the growth of digital era was expected, the question was how fast it would be. And we think it is faster than one might have thought of," said R Chandrashekhar, president, Nasscom. He said that in this scenario, the companies dont have the luxury of time to hire from campus and train them to meet their major part of requirements. This year, the hirings would be around 2 lakh, which is almost the same last year.

The focus is currently on developing digital skills, which is also a challenge, and industry is looking at meeting the challenge with rapidly scaling up such skilled manpower through trainings and other means. There are around 1.5 lakh people who are focused on the digital technologies at present, they said.

While the industry growth in terms of constant currency is expected to be around 12-14% this year, the headcount increase would be of six%. This is against around eight to 9% increase in headcount during the previous year, when the growth in terms of constant currency ended up at around 13% growth in constant currency. However, the base for this year's head count calculation has been higher than last year, said Chandrashekhar.

India continues to be a global talent powerhouse with representative of millennials, showcasing diversity, and leadership in digital skills. The rold of HR also has changed from meagre administrative to more a strategic one, added the industry body.

The company also announced the top 20 IT-BPO employers in the country in FY 2015, with Tata Consultancy Services Ltd ranked first, Cognizant Technology Solutions India Pvt Ltd coming up one rank up to be the second and Infosys Ltd ranked third, in the list.

The other firms which were listed include Wipro Ltd (4th rank), HCL Technologies Ltd (5), Tech Mahindra Ltd (6), Capgemini India Pvt Ltd (7), Genpact Ltd (8), Serco, Global Services, which is a pureplay BPM firm (9), Aegis Ltd (10), Mphasis Ltd (11), iGATE Global Solutions Ltd (12), WNS Global Services (P) Ltd, a pure-play BPM firm (13), L&T Infotech (14), CSC India (15), Syntel Ltd (16), EXL, a pure-play BPM (17), Hinduja Global Solutions Ltd, a pure-play BPM (18) and Firstsource Solutions Ltd, another pure-play BPM (19), and MindTree Ltd (20).

The list is based on the India-based full-time equivalent (FTE) headcount of firms with IT-BPM operations in India, as reported to NASSCOM in its annual survey.

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First Published: Jul 23 2015 | 7:52 PM IST

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