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Companies battle for small pool of IT employees: Mint-Shine report

Mint Mumbai

|

January 23, 2024

Companies, both IT and non-IT, are grappling with one another to dip into the same cohort of skilled IT employees, leading to a talent gap that India Inc. is struggling to fill.

- Devina Sengupta

Companies battle for small pool of IT employees: Mint-Shine report

Almost half the respondents of a Mint+Shine Talent Insights Report noted that getting candidates from campus hiring who are abreast with the latest IT skill sets such as artificial intelligence (AI) and machine learning (ML) is a challenge.

"A significant challenge highlighted by 48% of respondents is the alignment of candidate skills with job requirements," said the survey, which was conducted during the October-December quarter with 187 HR professionals and 2,019 job seekers.

The demand for IT skill sets, especially in AI and ML, is rising as companies are trying to digitize their businesses. This is leading to a clash for similar skill sets across industries and, in many cases, against IT services firms as well.

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