IT Sector To Record 18% Rise In Hiring In 2015-16

IT aspirants have a reason to cheer about. The Indian IT sector will remain upbeat about hiring in the next fiscal year 2015-16. According to a study done by both recruitment firms Wheebox and PeopleStrong, the IT sector is expected to witness a rise in recruitment by 18% in FY 16.
“The year 2014 has recorded an upscale hiring across several key industries in India. This momentum is going to continue in the coming year as well and Software, Hardware, and IT sector will not be left untouched with this upsurge in demand of talent,” stated India Skills Report 2015.

As per the findings of the survey, engineers were the most preferred candidates with 57% share of the pie followed by 24% general graduates and 14% management graduates.

“The preference for hiring candidates with diploma is steadily decreasing (compared to last year or 2013) with approximately 4% expected in 2015. There would be an increase in interest to hire candidates with vocational training, with such candidates finding 1.46 % share in the hiring pie,” the report added.

In terms of soft skills, employers looked at integrity, values, and result orientation, cultural fitment, communication skills, domain expertise among others. The report also revealed that recruiters looked for a strong communication skill over expertise.

The report further disclosed: “Younger candidates with less than 24 years are expected to be most preferred, with almost 50% of employers that were surveyed across the country and scale of business. The next major age group from 25-30 would make for choice of approximately 30% employers followed by 31-35 getting consent of only 15% employers. The senior level age group of 35-55 would account for the preference of only 8% employers, whereas the candidates in 56-65 age group is expected to have little preference with .02% only.”

According to the report, recruiters preferred internal referrals followed by job portals. Interestingly, they also relied upon social networking sites such as Linkedin and Facebook to look for eligible candidates. “Campus hires, consultants, and company websites were preferred by 14%, 11%, and 10% employers, respectively. The sheen of job fairs seems to have decreased for IT recruiters with only 3% employers willing to make use of this channel for hiring,” the report concluded.

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