Pune: Indian IT companies are expected to hire about 360,000 freshers in fiscal year 2022, according to a study by cognitive intelligence platform UnearthInsight<\/a>.

The study, IT Industry Q3 Insights & FY22 Forecast, released on Thursday also said there is likely to be an increase in attrition to 22-24% from 22.3% in the previous quarter and 19.5% in the quarter before that. This is expected to start coming down in fiscal 2023 to 16-18%.

Mid-tier and small IT companies handed out an average wage hike of 8-12%, along with 15-20% for employee promotions for retention, the study said.

The study expects IT services companies to post revenue growth of 19-12% in fiscal 2022, the highest ever for the industry.

“Despite the nationwide severe pandemic wave in last few weeks, the IT Industry growth outlook remains intact and, this financial year, the industry is likely to achieve best-ever revenue growth and will continue to add workforce as per the estimates,” said
Gaurav Vasu<\/a>, founder and CEO at UnearthInsight. “While Industry’s wage bills are on an upward trend, attrition levels continue to be a matter of concern for industry and it’s likely to continue for another quarter before it starts improving from next FY.”

This growth momentum is expected to continue in fiscal 2023 and fiscal 2024 on the back of pricing, agility, and partnerships. The Indian IT services market is likely to reach $230 billion to $240 billion by fiscal 2022, which is largely driven by growth amongst the top 15 to 20 Indian IT services firms with robust GCC and captive industry growth.

“On the technology side, key IT firms are witnessing excellent growth in their cloud and product & platform business whereas penetration of low-code and no-code platforms is gaining significant momentum,” Vasu said.

The report estimates 56-57% employee costs or wage bill (excluding contractors) across tier-1 and tier-2 players and this is expected to go up by 0.5-1% in FY23. During the third quarter of fiscal 2022, margins declined as talent availability put pressure on hiring, retaining and subcontracting costs.

Total contract value (
TCV<\/a>) is also expected to remain strong given the large digital transformation, platform implementation, product and cloud implementation deals across BFSI, retail, and healthcare clients.
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印度IT公司雇佣60000名新生FY22:研究

研究中,IT行业第三季度见解& FY22预测,还说有可能增加摩擦22 - 24%从上季度的22.3%和19.5%的季度。

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  • 更新于2022年2月18日08:06点坚持
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普纳:印度IT公司将雇用约360000名新生在2022财政年度,一项研究显示,认知智能平台UnearthInsight

研究中,IT行业第三季度见解& FY22预测,周四发布的还说有可能增加摩擦22 - 24%从上季度的22.3%和19.5%的季度。这是预计将在2023财年开始下降到16 - 18%。

中型和小型IT企业发放8 - 12%的平均工资上涨,以及为员工晋升为保留15 - 20%,这项研究说。

这项研究预计IT服务公司发布2022财年营收增长19 - 12%,有史以来最高的行业。

广告
“尽管全国严重流行波在最近几周,IT行业增长前景仍然完好无损,这个财政年度,该行业可能会达到史上最棒的收入增长,并将继续增加劳动力的估计,”说Gaurav Vasu在UnearthInsight创始人兼首席执行官。“虽然行业的工资账单处于上升趋势,摩擦水平继续关心行业的问题,很有可能继续另一个季度前从下一年度开始改善。”

这种增长势头预计将继续在2023财年和2024财年的定价、敏捷性和伙伴关系。印度IT服务市场很可能会在2022财年达到2300亿到2400亿美元,这在很大程度上是由经济增长在前15到20印度IT服务公司与健壮的GCC和垄断行业增长。

“在技术方面,关键的IT公司正在见证优秀云和产品&平台业务的增长而渗透low-code和没有代码平台获得了重要的动力,“Vasu说。

报告估计56 - 57%员工成本或工资(包括承包商)在一级和二级运动员,这是预期在FY23增加了0.5 - -1%。在2022财年第三季度,利润率下降,人才招聘施压,保留和分包成本。

合同总额(TCV)预计也将保持强劲的大型数字转换、平台实现,产品和云在BFSI实现交易,零售,医疗保健客户。

  • 发布于2022年2月18日08:05点坚持
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Pune: Indian IT companies are expected to hire about 360,000 freshers in fiscal year 2022, according to a study by cognitive intelligence platform UnearthInsight<\/a>.

The study, IT Industry Q3 Insights & FY22 Forecast, released on Thursday also said there is likely to be an increase in attrition to 22-24% from 22.3% in the previous quarter and 19.5% in the quarter before that. This is expected to start coming down in fiscal 2023 to 16-18%.

Mid-tier and small IT companies handed out an average wage hike of 8-12%, along with 15-20% for employee promotions for retention, the study said.

The study expects IT services companies to post revenue growth of 19-12% in fiscal 2022, the highest ever for the industry.

“Despite the nationwide severe pandemic wave in last few weeks, the IT Industry growth outlook remains intact and, this financial year, the industry is likely to achieve best-ever revenue growth and will continue to add workforce as per the estimates,” said
Gaurav Vasu<\/a>, founder and CEO at UnearthInsight. “While Industry’s wage bills are on an upward trend, attrition levels continue to be a matter of concern for industry and it’s likely to continue for another quarter before it starts improving from next FY.”

This growth momentum is expected to continue in fiscal 2023 and fiscal 2024 on the back of pricing, agility, and partnerships. The Indian IT services market is likely to reach $230 billion to $240 billion by fiscal 2022, which is largely driven by growth amongst the top 15 to 20 Indian IT services firms with robust GCC and captive industry growth.

“On the technology side, key IT firms are witnessing excellent growth in their cloud and product & platform business whereas penetration of low-code and no-code platforms is gaining significant momentum,” Vasu said.

The report estimates 56-57% employee costs or wage bill (excluding contractors) across tier-1 and tier-2 players and this is expected to go up by 0.5-1% in FY23. During the third quarter of fiscal 2022, margins declined as talent availability put pressure on hiring, retaining and subcontracting costs.

Total contract value (
TCV<\/a>) is also expected to remain strong given the large digital transformation, platform implementation, product and cloud implementation deals across BFSI, retail, and healthcare clients.
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