IT industry needs SMAC technology professionals
In 2014, technologies such as Java, social platforms, mobility, cloud and Dev Ops to be under focus…
Nitinchandra Shende, head-talent management, Persistent Systems shares the recruitment outlook for the IT industry and talks about how the use of SMAC (Social-Mobility-Analytics-Cloud) have changed the way companies hire new talent.
Game Changers in Recruitment
This year, we are expecting two prominent things to be game changers in the recruitment field:
- Extensive use of technology by way of collaboration and hiring through social networks
- Focus on specific capability, wherein companies will look for individuals who can be productive from their very first day. We can already see a rapid increase in demand for such individuals.
Role of Technology in HR
Use of SMAC (Social-Mobility-Analytics-Cloud) and technology are changing the way companies hire new talent.
Skills in Demand
In 2014, we expect technologies such as Java, social platforms, mobility, cloud and Dev Ops to be under focus.
- Junior or entry level recruitments: Individuals with strong basics and a willingness and capability to adopt changes quickly will be in demand
- Middle level: There is expected to be a huge demand for candidates with a strong expertise in one or more technologies/specialisations
- Senior levels: Individuals with design/architecting and integrating skills across SMAC will have a good demand
This year, we expect the compensation packages to become broader for the overall mid and senior levels. We can also expect a rise in compensation for junior level individuals with some specific skills. However, pay packages for entry levels are expected to remain more or less flat.
There would be a rise in demand for junior level individuals with good CS fundamentals and substantial exposure to any one of the SMAC technologies.
Policy Interventions to Create Jobs
India is an open economy. Currently, our IT industry is growing at about 15 per cent. On the other hand, people churn is >25 per cent (including churn at same level + new additions). We can see an emergence of business models that will further increase this churn. This will put a lot of pressure on cost structure and make IT industry less competitive in the mid to long run. Therefore, we need some kind of policy support to manage this competitiveness.
Salary Meter (average range)
For all three levels, salary would depend upon specific skills and experience of individuals.
- Junior level: Rs 2-8 lakh per annum
- Mid-level: Rs 6-20 lakh per annum
- Senior Level: Rs 17-35 lakh per annum