IT firms offering upto 120% salary hike: Indeed India

Overall, the demand for Information Technology (IT) professionals has surged by about 400 per cent, according to a report by job search portal Indeed India. The report analysing Covid-19 impact on the country’s job market stated that the demand for skilled technical professionals including Application Developer, Lead Consultant, Salesforce Developer and Site Reliability Engineer grew by 150-300 per cent between January 2020 and February 2021. It further highlighted that companies are also offering higher salaries to hire more talented professionals in comparison to the previous year. The report pointed out that full-stack engineers are now getting a 70-120 per cent hike by IT firms as compared to a salary hike in the range of about 10 to 30 per cent earlier.

References
1. https://www.livemint.com/industry/infotech/tcs-wipro-infosys-plan-120-salary-hike-bonuses-for-new-recruits-report-11631884637403.html