Expertise in Artificial Intelligence (AI) & Machine Learning (ML) to be in most demandMumbai, January 21, 2021 - As the world recovers from the socio-economic impact of the COVID-19 crisis, India is emerging strong in the field of technology with a significant rise in tech investments. Professional recruitment services firm Michael Page India today launched the ‘Talent Trends 2021 Report’, with a focus on the technology and e-commerce sector, signalling a stable recovery in 2021 with recruitment across industries. Due to breakneck automation and digital transformation across sectors and the ensuing requirement of backend support, the tech industry will continue to lead hiring activities in 2021.In 2021, companies are looking to take advantage of the availability of Indian techies looking to return to India due to the COVID-19 pandemic. Varsha Barooah, Director of Michael Page India, says, “With the steady recovery of India’s economy and market, most tech companies are anticipated to increase headcount in 2021. We hope tech hiring will bring a degree of stability and serve as a catalyst for overall business recovery."According to the study, over 71% hiring managers felt that skills and experience are the most important criteria for hiring in the industry. Companies now are also open to considering talent remotely available. Jobs roles such as application architect backend engineer and chief technology officer will be in most demand. Additionally with the increase in the use of AR and mixed reality (MR) by e-commerce platforms and virtual gaming, we anticipate more professionals needed in this space and skills such as Artificial Intelligence (AI) and Machine Learning (ML) will gain more importance in 2021.With the overall demand levels for tech roles improving to almost pre-COVID levels, employers will continue to compete for high potential professionals. Entrepreneurs with a stellar professional record who have been forced to close down their ventures during the pandemic, will also be back in the talent pool and available for key positions in growth start-ups.Companies are also aware of the need to attract and retain talent in a competitive landscape. With mental health and wellbeing emerging as an important consideration when looking for a job in 2021, 47 % of the technology companies that participated in the study, are focussing on ‘remote/flexible work arrangements ‘as a key talent attraction strategy. Subsequently, the availability of growth opportunities features as an important factor of consideration for technology professionals when accepting a job offer in 2021In addition to recruitment insights and industry analysis on the technology market, the report also shares new insights across the Indian and Asia Pacific market for other sectors such as healthcare, BFSI and real estate supported by insights on digital readiness, organizational structure, flexible working, leadership, performance management as well as diversity and inclusion.#END#Editor’s note: The Michael Page India Talent Trends 2021 Report features insights and market sentiment in Asia Pacific on prominent recruitment and talent-related topics including digital readiness, organisational design, flexible work, leadership, performance management and diversity and inclusion. The results draw from a survey of 12 Asia Pacific markets, with over 5,500 businesses and 21,000 employees, of which 3,500-plus are directors or CXOs. About Michael Page:PageGroup is a leading international specialist recruitment group with a market capitalisation in excess of GBP 1 billion. We are listed on the London Stock Exchange as a FTSE 250 company, and currently employ over 7700 staff with over 140 office locations in 36 countries.Michael Page launched its India business in 2011 and currently has over 150+ specialist recruiters working on mid to senior level roles in 11 disciplines across offices in Mumbai, Delhi NCR and Bengaluru.Michael Page’s Mumbai and Bengaluru offices recruits for clients based in West and South India, while the Delhi NCR office recruits for clients based in North and East India.The clients in India range from large multinationals and Indian conglomerates, to small and medium sized companies across Digital & Analytics, Engineering & Manufacturing, Finance & Accounting, Financial Services, Healthcare & Life Sciences, Human Resources, Legal, Procurement & Supply Chain, Property & Construction, Sales & Marketing and Technology.For more information, please contact:PR PunditKinjal Naker I +91 9892489075 I Kinjal.n@prpundit.comParul Bhatia I +91 7208776377 I Parul.bhatia@prpundit.com
