More jobs in IT industry says NASSCOM

National Association of Software and Services companies (NASSCOM) HR Summit 2014 was aimed at identifying the HR priorities of the industry, defining its operational metrics and showcase technology as a key differentiator for the segment.

The report by NASSCOM talks about the annual rankings of top 20 IT-BPM employers in India for FY 2013-14. Tata Consultancy Services has emerged as the largest recruiter over the last year followed by Infosys and Cognizant Technology Solutions.

Driven by the improving global climate and rise in the technology spend, the Indian IT-BPM industry will increase its net hiring by approximately 6 per cent over last year. With a renewed focus on skills over building capacity, SMEs are expected to drive hiring with 7-8 per cent growth in headcount.

Industry is now focusing more on lateral hiring as there is a higher demand for niche technology skills and domain-specific capabilities. Digital skills that pan across analytics, cloud, mobile and analytics are the key skills in demand by the industry.

Technology for HR function will prove to be a boon as technology solutions are expected to bring in clarity in HR processes resulting in increased employee satisfaction. It is expected that for half of the firms, more than 50% of HR processes will be automated. Digital technology will play a significant role to improve the talent hunting process resulting in finding right candidate in reasonable time span.