| |9 DECEMBER 2022HIGHERReviewCompanies have also started to experiment with the 'hub and spoke model' of working where there will be a centralized 'hub' for employees to come together. They will also be provided the choice to work from 'spokes'. A spoke should not necessarily be a conventional office. It can be any place where the employee can be productive. Companies should also show more empathy as many of the new employees who have joined the IT industry during the pandemic has never had significant experience of working from the office. Over the last couple of years, there has been an unprecedented demand for tech talent and the gap in demand and supply has inevitably tipped the scales in favor of candidates. In this candidate-driven job market, what are some of the strategies used by IT companies to attract/hire the best candidates? The talent market is the king now and the talent can decide where to go. Employees have myriad of options to choose from which has increased the competition for talent in the IT industry. Companies should make the consistency of growth opportunities clear and visible to the employees. At Coforge, we pride ourselves in the fact that in the last 16 to 20 quarters, we have had steady industry-leading growth which gave a lot of development opportunities for our employees across all levels. With Gen Zers entering the job market, what are some of the major changes IT companies are adopting to welcome this workforce and what would be your advice to them with regard to building a successful career in the IT industry? It boils down to what is applicable in this era and what this generation is exposed to. Now, talented candidates are looking for more excitement and not just compensation because they have plenty of options to choose from. They are looking for what makes sense in terms of their own life goals. Organizations should understand what their life goals are and engage with the team constantly to know what they want. After understanding this, the IT industry as a whole should try to provide it. What are some of the major hiring trends that you foresee happening in the IT industry? Some of the trends like hiring from the campuses, training them and upgrading them will continue in the coming years. At the same time, the IT industry will start to become more spread out when it comes to hiring new talent. While previously, it was common to go to engineering or science colleges for hiring, more IT companies have started to realize that talent shaping really happens at the bottom of the pyramid. Because of this, more people will be hired from colleges providing higher education in multiple streams. In the next few quarters, there will also be a definite shift towards hiring experts and building teams around them. In the coming days, more people will be hired from colleges providing higher education in multiple streams
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