The deadly virus has weakened the IT business and as a result of the fall in the economic system, employees are forced to work remotely. Women staff within the IT sector discovered themselves struggling between corporate life and personal life. A load of office work and house responsibilities turned worse to deal with simultaneously. In distinction, for a lot of married women, it opened the doors to their profession and it turned simpler to start out work at home and care for their family members. In comparison with different industries, even after the extraordinary downfall, IT industries predict an excessive quantity of development within the coming subsequent 5 years. In addition to that, it has additionally demanded work from job necessities in numerous job portals. 90% of the women in the IT sector are working remotely in the pandemic, and lockdown is predicted to extend in the upcoming days. There are more probabilities for the women freshers to kick off their job life as a result of the golden chance of working from home. The study will analyse the challenges and opportunities for women employees working from home and the way to overcome the situation.
The bat virus has weakened the business structure and made the situation terrible. The subject of working remotely has turned life upside down for women in the It sector. The crippling condition of the global economy and made us lock ourselves at homes. The Naukri reports suggest that there is seventh-fold growth in WFH jobs requirements. It clearly manifests that in future the demand of work from home job requirement in the IT sector. It is having impacted the IT industry both in a positive way as well as negative way. Nearly researchers are suspecting 3rd wave in the upcoming months and cities like Bangalore and Gujarat has started preparing for the next war. Employees are acknowledged to get vaccinated and stay home until the situation gets Normal. The women now have to manage both personal lives as well as professional life in the same room. The new concept is bringing many challenges along with opportunities.
1.1 Industry profile
Information technology is a business sector that indulges in computing, hardware and software and telecommunications. In other words, it refers to the transfer of information via systems that facilitate communications.
In the IT department, there are many varying jobs and responsibilities attached to it. These responsibilities involve keeping data systems secure and smooth running the software. There are people who manage the programming and databases. The data can be in any form: voice, text, video, audio, etc.
As companies rush to transform their businesses to go digital, IT professionals are in for a bonanza. Spoilt for choice, IT services executives are cherry-picking jobs and demanding up to 70% hike for switching jobs and in the switching process, they are rejecting several offers.
The Economic Times citing recruiting firms such as Team Lease, ABC Consultants, Quests, Tagged and Randstad mentioned in a report that IT professionals are demanding as much as 50-70% hike while switching jobs, compared to 15-30% before Covid-19.
There is a huge demand for IT professionals having experience in areas such as SaaS (software as a service), EdTech, health-tech, gaming, artificial intelligence, machine learning, automation, digital transformation, blockchain and cybersecurity. industry experts say these fields are demanding rapid hikes while switching jobs.
“It is a war for digital talent as corporates of all sizes are transforming businesses to go digital…this has got accelerated by the pandemic,” the financial daily quoted as saying NASSCOM senior vice-president Sangeeta Gupta.
Fiscal first-quarter revealed by the country’s biggest IT firm, Tata Consultancy Services, are a sign of this high demand. The company added 20,409 new employees in April-June, its highest ever net hiring resource addition during a quarter.
Other IT services companies like Capgemini, Genpact and Publicis Sapient that the publication spoke to also are seen ramping up hiring in the upcoming months. Capgemini, which has over 125,000 employees in India, is hiring new skilled people in areas like cloud, digital, cybersecurity, AI, Internet of Things, cloud computing and 5G engineering skills, data management, SAP, Java, Microsoft, Testing and Oracle.
At Genpact that employs over 90,000 globally, people with cloud programming skills are in high demand, its global hiring leader. Recruitment firm Randstad India is currently busy helping a logistics multinational get a candidate with over four years of experience in software development and drawing an annual salary of Rs 15 lakh. While the company offered a 47% hike, the shortlisted candidate getting a counteroffer of Rs 25 lakh from their current employer, a product company.
“Our client had to counter with an offer of Rs 27 LPA (Lakh per annum), and then candidate joined. So, it’s a journey from Rs 15 LPA to Rs 27 LPA (80% hike),” Technologies at Randstad India said to the publication.
Over such cases have come up at Randstad in last few months, where candidates are inundated with offers and counteroffers. The same story across other recruitment and staffing companies like Team Lease Services, ABC Consultants, etc. Employees in the IT sector are taking full advantage of this opportunity. Many employers waiting it out for over 50% hikes. The co-founder of Team Lease, says the existing hikes for candidates inside the IT services industry even better, over 70% at the same time as switching companies. Hiring in the IT industry is at its peak and candidates are becoming exorbitant offers and best roles in the industry.
1.1.1 History of IT Industry
India’s IT Services industry was started at Mumbai in 1967 with Tata Consultancy Services along with Burroughs which started India’s export of IT services. The first IT software export zone, SEEPZ the precursor to the modern-day IT park was established in Mumbai in 1973. Over 80% of the country’s software exports are from SEEPZ in the 1980s. Within the 90 days of its started, the Task Force produced a depth background research on technology in India and an IT Action Plan with many suggestions. The Task Force have been acting fast because it has built on the experience and frustrations of local governments, central government agencies, universities, and even IT software industry. In line with the thinking and suggestions of international comities just like the World Trade Organization (WTO), International Telecommunications Union (ITU), and world bank.
In addition to it, the Task Force incorporated the experiences of Singapore and other countries, which implemented same type of programs. it’s been very less task of invention than of sparking action on a consensus that has already within the networking community and government. Regulated VSAT links became available in 1994. Desai (2006) describes the methods taken to relax regulations on linking in 1991. In 1991 the Department of Electronics broke this impasse, created a company name called Software Technology Parks of India (STPI) that owned by the govt that would provide VSAT communications without breaching its monopoly.
STPI started software technology parks in many cities, each of which provided satellite links to be utilized by firms; the local link was a wireless link. In 1993 the govt. began to permit individual companies their own links, which allowed work wiped out India to be transmitted internationally directly. Indian company soon convinced their American customers that a satellite link was as reliable as a team of IT programmers working in the client’s office. A joint EU-India group of members was formed on 23 November 2001 to further promote joint research and development. On 25 June 2002, India and therefore the European Union accepted to bilateral support in the field of science and technology. From 2017, India handles an Associate Member State status at CERN, while a joint India-EU Software Education and Development Centre is to be located in Bangalore.
• Bangalore
As of fiscal 2016-17, Bangalore accounted for 38% of total IT exports from India worth $45 billion, employing 10 lakh people directly and 30 lakhs indirectly. the city is known as the “Silicon Valley of India”. Notable tech parks are Electronic City, ITPL, Bagmane Tech Park, Embassy golf, Manyata Tech Park, Global Village Tech Park, Embassy TechVillage. apart from these IT companies are also located in several other parts of the city. Notable IT companies in the area include Infosys, Wipro, HCL Technologies, SAP Labs, Accenture, TCS, Oracle, IBM India, Sonata Software, Mindtree, and Intuit India. Bangalore is additionally called the “start-up capital of India”; the city is home to 44 percent of all Indian unicorn start-up companies as of 2020.
• Hyderabad
Hyderabad known for the HITEC City or Cyberabad is India’s second-largest information technology exporter and a significant global IT hub, and also the biggest bioinformatics hub in India. Hyderabad has emerged due to the second-largest city in the country for software exports pipping competitors Chennai and Pune. Notable tech companies include Accenture, Amazon(company), Deloitte, Tata Consultancy Services, Microsoft, HCL Technologies, Oracle Corporation, Google, Qualcomm, Dell, Cognizant. As of 2020, the IT exports from Hyderabad were 128,807 crores (US$15 billion), the city houses 1500 IT and ITES companies that provide 582,126 employments. Notable tech and pharma parks are HITEC City, Genome Valley, and Hyderabad Pharma City.
• Chennai
As of 2018, Chennai is India’s third-largest exporter of information technology (IT) after Bangalore and Hyderabad and business process outsourcing (BPO) services. Tidel Park in Chennai was billed as Asia’s largest IT park when it had been built. Notable tech parks are International Tech Park, DLF Cybercity SEZ, Mahindra World City, SIPCOT IT Park, Olympia Tech Park, One Indiabulls Park, L&T Estancia IT SEZ and Ramanujan IT City.
The city has an expressway called because it expressway and a preferred location for IT industries. Major software companies like Tata Consultancy Services, Infosys, Zoho, Capgemini, Cognizant Technology Solutions, Accenture, UST Global, BirlaSoft, HCL Technologies have their offices seen here, with variety of them making Chennai their largest base.
• Pune
The Rajiv Gandhi Infotech Park in Hinjawadi is a ₹600-billion (US$8.9 billion) project by the Maharashtra Industrial Development Corporation (MIDC). The IT Park encompasses an area of about 2,800 acres (11 km2) and is home to over 800 IT companies of all sizes. Besides Hinjawadi, IT companies are also located at Magarpatta, Kharadi, Yerawada, Aundh and a number of other parts of pune. As of 2017, the IT sector employs over 300,000 people.
• Delhi NCR
Delhi NCR is one among the foremost important IT hubs in India. Cities like Gurugram and Noida have several companies that serve the local and global markets.
1.1.2 Future in India
India’s technology providers industry is capable of do $300-350 billion in annual income by 2025 if it may possibly exploit the fast-emerging enterprise potential in cloud, AI (AI), cybersecurity and different rising technologies, according to a report by industry body NASSCOM and international consulting firm McKinsey issued on Wednesday. The report mentioned domestic tech providers may speed up development by 2-4% over the next 5 years as industries worldwide still see speedy adoption of digitalization to create a sooner restoration from the covid-induced disruptions.
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