Kolkata | New Delhi: India Inc is aggressively scouting for talent at the top.
CXO search mandates have seen a spike of up to 20-25% compared with this quarter last year, as hiring rebounds and pent-up demand is unleashed on the back of vaccine rollout and companies reigniting growth and expansion plans.
Technology, IT and IT-enabled sectors are leading hiring, though others such as consumer, private equity, investment banking, pharma and life sciences, and industrial and manufacturing have also seen a significant jump. Senior professionals are getting hikes of 25-35% on an average while switching jobs, said seven hiring firms ET spoke to.
<\/div><\/div>\u201cWhile only a few far-sighted businesses in the traditional sectors continued to hire during the peak of the pandemic, digitally led businesses were the mainstay. Now there is an overall pickup in demand across sectors,\u201d said K Sudarshan, managing director, EMA Partners India.