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Despite slowdown, tech jobs grow 31 pct: Report

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Job searches for these roles during the same period increased by 8%.Job searches for these roles during the same period increased by 8%.

While the domestic IT industry is tackling a global slowdown and companies are banking on the high base effect to keep up their guidance, technology jobs continue to offer high salary packages to professionals seeking career in the field.

According to the American worldwide employement search engine, Indeed, the 12 month period from February 2018 to February 2019 saw technology job roles in India grow by 31% from 5% in February 2017 to February 2018.

Job searches for these roles during the same period increased by 8%. As per the findings, job roles in technology have grown consistently in the past five years by an overall 8% between February 2014 and February 2019. The percentages are of a large base of tech jobs that are listed online by tech companies in India, which are collated by Indeed’s crawler, and also the ones posted on Indeed India’s own portal.

Commenting on the increase in the number of jobs, Sashi Kumar, managing director, Indeed India, said, “The demand for tech talent has increased six-fold in comparison to 2017-18. Job profiles are evolving and changing at a pace that can be matched by talent, provided they acquire the requisite skills. Furthermore, companies can look at taking the initiative towards providing their employees the requisite skills to ensure their relevance in the evolving technology landscape.”

Data warehousing, technical roles, analytics and software developments are the key areas in which career opportunities have been the best. Basic system infrastructure related roles, application development and JAVA development skills are going out of fashion.

From the employee data and the data collected from past and present job advertisements on Indeed in the past 36 months, data warehousing has come out as the highest paying career choice. This is due to the increasing demand for building strategy-driven solutions to address business issues. The median annual salary for this job title is Rs 15,00,000 and goes up to Rs 25,00,000 per annum. Following data warehousing, senior technical lead jobs are found to be the next highest paying option due to the expertise needed in designing and building software products in collaboration with the sales and design verticals. These jobs have a median annual salary of Rs 12,00,000 going up to Rs 25,00,000 per annum.

Increasing digital trasnformation of businesses has opened up opportunities to work with large and complex data sets to evaluate, recommend, and support the implementation of business strategies. This has necessitated Indian IT firms to hire analytics managers. According to the American portal, this role has a median annual salary of Rs 11,50,000 with an upper limit of Rs 24,00,000 per annum.

Managerial roles like technical project manager fetches a median annual salary of Rs 10,00,000, as per Indeed. This amount can go up to Rs 24,00,000 per annum depending on the skill sets which include leading assigned projects, and overseeing each project’s life cycle from conception to completion, with an emphasis on technical soundness and resource efficiency. Similar to project manager roles, lead developer roles have a median annual salary of Rs 10,00,000, going up to Rs 24,00,000 per annum.

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ICC Men's Cricket World Cup League 2 2019- USA vs SCOTLAND

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LIVE Streaming of One Day International Cricket of USA vs SCOTLAND in the ICC Cricket World Cup League 2 as part of the ‘Road to India’ to the ICC Cricket World Cup 2023 from ICC Academy Ground. The live production has three cameras, cricket commentary and CricClubs live graphics broadcasting the whole match FREE worldwide.

Viewers will see all the action LIVE on the Emirates Cricket Board’s official YouTube channel.

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Frustrated with climate talks, activists dump manure outside Madrid summit By Reuters

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By Elena Rodriguez

MADRID (Reuters) – Green activists dumped horse manure and staged a mock hanging outside the venue of a U.N. climate summit in Madrid on Saturday, airing their frustration at the failure of world leaders to take meaningful action against global warming.

Led by grassroots group Extinction Rebellion, the actions were timed to coincide with the closing of the COP25 summit, where negotiators have been unable to agree on how to implement the 2015 Paris climate agreement.

“Just like rearranging deckchairs on the Titanic, this COP’s fiddling of carbon accounting and negotiating of Article 6 is not commensurate to the planetary emergency we face,” Extinction Rebellion said in a statement.

Twelve members of the group stood on melting blocks of ice, nooses drawn tight around their necks to symbolize the 12 months remaining until the next summit, when the Paris deal enters a make-or-break implementation phase.

Attached to the pile of manure was a short message to leaders saying “the horseshit stops here.” 

In contrast to a protest held last weekend, in which hundreds of demonstrators blocked one of Madrid’s central shopping streets for a mass disco-dance, the mood at the gathering was subdued.

“Even if they reach an agreement it’s still not enough. This is the 25th COP they’ve had and nothing has really changed,” protester Emma Deane told Reuters from her perch atop an ice block, holding her young daughter in her arms.

“She’s going to grow up in a world where there’s no food on the shelves and that breaks my heart.”

Still, Extinction Rebellion spokesman Ronan McNern stressed the importance of humor in the face of the climate crisis.

“Out of shit comes the best roses. We hope that the international community comes together to create a beautiful future,” McNern said.

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14th Dec Podcast on Stock Market, Economy & Other Important Business News

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Market & Economy Review – 9th – 14th Dec
– Stock Market Review: Large, Midcap & Small Cap
– Mutual Fund News based on Nov 30th
– Economic Reviews: CPI & IIP numbers of Nov
– Business News

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