Business Daily from THE HINDU group of publications Friday, Mar 30, 2007 ePaper |
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IT-enabled Services Info-Tech - Human Resources IT/ITeS temp jobs are highest paying Our Bureau
Bangalore March 29 Information technology (IT) and IT-enabled services (ITeS) have emerged as the top verticals for temporary (temp) jobs across the country. In a salary survey of temp jobs conducted by TeamLease Services Pvt Ltd, it was found that accounts and sales have more jobs across verticals and locations. The TeamLease Temp Salary Primer 2007 covering 34 profiles in six industry domains across 13 locations in the country found that Mumbai, Bangalore and Delhi offer the highest number of temp jobs in the country. While Mumbai is the place to head to for accounts jobs, Delhi for administration and Bangalore for HR and sales, Chennai along with Mumbai and Delhi also offer manufacturing and BFSI jobs. The annual salary primer also points out trends to watch for in each location. For instance, in Bangalore, HR and sales are the highest paying verticals, IT/ITeS are the highest paying sectors followed by BFSI and manufacturing. The highest paying vertical for undergraduates and graduates is accounts. HR is the highest paying vertical for postgraduates. Another trend noticed across the country is that the number of temp jobs offered in sectors like BFSI, manufacturing and consumer durables has increased by more than 20 per cent since last year. The temp compensation has also experienced substantial growth for those with 0-1 year experience, with an average growth rate of 14 per cent in compensation across all experience levels In the 0-1 year category, the temp salary levels are higher and in the 1-3 year category salary levels are closer to perm, relative to last year. According to Mr Rajesh A.R., Vice-President, Temporary Staffing, TeamLease, the primer points out two important trends: one is the increasing returns to skill and the other is the accelerated narrowing of the temp and perm salary gap. The increasing returns to skill (23 per cent for every education increment), especially in sales jobs, partly reflect the skill shortage but also reflect productivity gains.
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