You Need To Have These Skills To Get A New Job In IT
IT sector is experiencing its worst time in almost a decade. Numerous issues have led to the termination of employees in the sector. 2017 has been a bad year for professionals struggling to cement their places in existing jobs. Almost all the major players have sacked or offered VRS to their employees due to automation, protectionism, visa issues and decreasing margins.
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Jobs have been a major issue in India and employees with traditional skills are sidelined. Firms are now looking for multi-tasking fresh employees with various skills to cut down on costs pressure.
Online skilling companies are cashing in on the opportunity and coming up to fill the gap by up-skilling employees to fill the gap. IT companies aren’t spending on re-skilling their employees but hiring new multi-tasking employees.
Santanu Paul, CEO and co-founder of TalentSprint, a skill development company, told BW Businessworld, “We are focusing on the freshers looking for jobs, instead of professionals who have been fired by the companies. There are 1.5 million graduates coming out in the industry and the number will increase even more in the next 5-10 years. The layoff process has been forced due to cost cutting. Seniors are being laid off and freshers are being hired to complete the task with more energy at a lower price.”
TalentSprint has been contracted by National Skill Development Corporation to skill and empower one million young job seekers to pursue careers in information technology, banking and financial services, and education.
Up-skilling companies like TalentSprint are focusing on up-skilling freshers looking to enter the industry to deal with the slowdown in the employment sector.
Niche skills are in demand. The demand for R (a software language used for data analysis) professionals is the highest among all analytics recruiters. Around 36 per cent of all analytics jobs in India demand for R as a core skill followed by Python skills which comes second at 30 percent of all the analytics jobs.
Data analytics stands out to be one of the most positive sectors for employment, according to a study by online analytics training institute Edvancer; and are seeing a massive growth of around 200 percent every year.
India is witnessing positive growth in terms of analytics and data science hiring, and approximately 50,000 analytics jobs are available in the country.
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