Tag Archive: indian job market statistics

Highest paying industries in India for 2017-18 : Randstad Survey

Highest paying industries in India Survey - chakreview.com

Surveys analyzed that FMCG industry employees receive the highest payment in India with a standard average annual CTC (cost-to-company) at Rs 11.3 lakh. The 2017 Randstad Salary Trend Study findings also showed that in FMCG industry, employees across all the levels and functions are being paid higher salary than their counterparts in other sectors.
The FMCG industry is followed by Information Technology sector and Power sector, where employees across all talent levels and functions are paid average annual wage of Rs 9.8 lakh and Rs 9.3 lakh, respectively.

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Can Banking Sector witness Job Losses with Chatbots and Artificial Intelligence coming into play?

an Banking Sector witness Job Losses with Chatbots and Artificial Intelligence coming - Chakreview

With an aim to enhance customer experience and bring more efficiency to the work, financial sector plans to implement Chatbots and artificial intelligence (AI). Banks have strictly maintained that the use of ‘computer programs to communicate with human users’ will not snatch away the jobs from those currently employed in the banking sector. Whereas Experts …

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Salary increment Survey 2017-18: KPMG report

Salary increment Survey 2017-18 KPMG report - Chakreview

This appraisal season has proved to be delightful for those working in the e-commerce sector as they are the ones who have taken home the highest salary increment, as per a recent survey conducted by one of the big 4 consulting firms, KPMG. Theyconducted the survey among 263 companies from different industry verticals/sectors. E-commerce gets …

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Here are the Job & Salary Trends for 2017-18

Here are the Job & Salary Trends for 2017-18 - Chakreview

As per the Salary Trends Study released by Randstad- the Netherlands-based human resource consulting firm, the hot jobs of 2017 will be- Core Java developers, digital marketers, and testing automation engineers. Across various industries, these three professionals within the experience of 6 to 10 years would demand the higher remunerations than those who have the similar years of experience in other industries.

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Tech Startup Employees are not able to find new jobs, thanks to overrated salaries

Tech Startup Employees are not able to find new jobs, thanks to overrated salaries - Chakreview

During their good old days, the tech startups were in a neck and neck race to acquire clients, extend their operations to multiple cities and therefore, they hired plethora of young talent. To attract this talent and guard them against the high-risk involved in startups, the high salary packages were used as a way to get them onboard.

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Review: IT Job Market in India

IT sector academic qualifications

The IT Sector in the country is likely to remain stable till 2020 if the analysis of World Economic Forum is taken into consideration. Although demand for traditional IT professionals is on a decline, attractive employment trends are expected for the upcoming and emerging fields of Data Analytics and Cloud Computing. Though, globally around 5.1 million jobs are on the verge of being lost during the period 2015-20, the demand for new trends in IT like mobile internet etc. would remain stable for the same period. This kind of stability is expected because of the increased demand of the digital technologies in today’s times. It is reported that in India, the traditional IT jobs will decline at the rate of 0.38% annually during 2015-2020, whereas growth in the mobility segment is expected at 1.15% during the same 5 year period. As per the report, “Strong employment growth in the computer and mathematical jobs family, covering both traditional IT work and disruptive digital technology, will be driven by trends beyond technology”.

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