'Rapid digital adoption, more capital flow leading to tech talent crunch'

The findings were made by Scaler, which released annual 'Hiring Trends Report 2022', capturing the current hiring trends and demands of the Indian IT industry

Scaler, a leading Bengaluru-based edtech startup for upskilling students and working professionals, has released annual Hiring Trends Report 2022, capturing the current hiring trends and demands of the Indian IT industry. The report, which surveyed 81 major IT product and services companies in India, revealed that 88 per cent of recruiters face increased challenges in hiring and retaining skilled employees across sectors. The already inflated tech recruitment market is creating new recruiting challenges due to increased opportunities and salaries. 

“Over the last six months, the attrition rate at India’s IT majors has spiked dramatically to touch a range of 20-30 per