With TCS piping Accenture to become the most valuable IT company in the world, India’s IT sector has successfully negated the naysayers. The trend is further backed by robust hirings, encouraging quarterly results and a rising stock market value.
Last year, India saw hiring activities decline due to the coronavirus pandemic. Now, according to according to professional recruitment services firm Michael Page India’s ‘Talent Trends 2021 Report’, 53 per cent of companies say they are planning to increase their headcounts in 2021.
According to the report, India projects an optimistic outlook for 2021, with 60 per cent of the employers surveyed intending to increase salaries, while 55 per cent of the companies planning to give out bonus payments and 43 per cent of them looking to give out more than one month’s worth of bonus.
Source: News18
