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More than half of IT professionals (53 per cent) are likely to pursue a new position within the next year due to better compensation, a lack of training and development and a lack of work-life balance, according to a report. About 66 per cent of IT decision makers see skills gap in their teams even as there is a 10 per cent decrease from last year, according to Skillsoft's 2022 IT Skills and Salary Report. However, the industry is facing another pressing challenge centred around talent attrition, with more than half (53 per cent) of all respondents extremely or somewhat likely to look for a new job in the next 12 months, it added. Skillsoft's 2022 IT Skills and Salary Report based on a survey with nearly 8,000 respondents. The report further revealed that over the past year, the workplace has been defined by employee-led "movements", namely the Great Resignation and "quiet quitting". Meanwhile, the pace of digital transformation and lack of enough technical resources have pushed m
Retaining a business-critical talent has undergone a great change in the last two years, especially in the IT sector, with a significant percentage of the professionals considering not returning to the sector in the future, according to a report. According to leading tech staffing firm TeamLease Digital, employees' needs and priorities have changed, and they are re-evaluating their careers based on aspects like flexibility, career growth and employee value proposition. The report 'Brain Drain: Tackling the Great Talent Exodus' noted that the IT sector witnessed double-digit attrition rate of 25.2 per cent this year. The report shares the insights through more than 100 interviews across TeamLease Digital's leaders, IT contract staffing subject matter experts, and other stakeholders associated with the sector, combined with extensive research available throughout the sector. "The Indian IT sector has witnessed tremendous growth in the last decade. It has recorded 15.5 per cent growth
Prathidhwani, a welfare organisation of IT employees in Kerala, has come up with a scheme to impart training in technology and required skill set to enable freshers to get jobs. "The scheme provides training in technology and skill set required by the companies and provides an opportunity for the freshers to find better employment. We also share applicants' profiles to companies as per their requirements," Raneesh A R, President of Prathidhwani at Technopark in Thiruvananthapuram, said in a release. Those who register on the portal, www.jobs.prathidhwani.org will receive notifications of various technology workshops organised by Prathidhwani every month. These training sessions led by domain experts are being organized free of cost, it said "So far, Prathidhwani has conducted 90 training sessions in various technologies," Raneesh said, adding that anyone can participate in this training which is conducted online. So far 35,600 people have applied for jobs through the