Travel costs have significantly increased over the past two quarters. Tata Consultancy Services recorded total travel costs of around Rs. 559 crore. Tata Consultancy Services timesofindia.indiatimes.com/business/india…

The article talks about the growth of the metaverse in the upcoming years and how the metaverse is expected to present a multi-trillion-dollar potential. It further highlights, while a new virtual world has a lot to offer but there are still some obstacles lnkd.in/g76kgapj

lnkd.in/gHKSKJ9d Analysts at UnearthInsight comprehends 70-80% new employees have come in at a higher cost keeping the bills higher. We talk about how the major Indian IT companies like Infosys & Tata Consultancy Services,Wipro cutting on the hikes & other variables to tackle the expenses.

Unearthinsight talks about the changing dynamic of the #freshers and #employees in the IT sector. With less than five years of experience in IT sector, techies have already made one job switch since the beginning of COVID-19 pandemic. Click here👇 lnkd.in/gEZ7bkFr

IT services companies are facing a talent shortage due to various reasons such as higher salary expectation, work-life balance.They have hired more than 120,000 tech gig workers since the pandemic, which is about 80% of the overall tech gig workforce. lnkd.in/gkFajz5J

May the lights of diyas of Diwali not only light up your home but also hold your spirits high,your dreams big and hopes alive! We wish everyone a happy, safe and prosperous Diwali🎆🎇

With #attrition #rate soaring up during #pandemic period, the average number of offers every person received also increased to 4-5. Owing to attrition slowing down and reduced average number of offers renege in #itservices Sector is showing a declining trend.

The cost of hiring a workforce on a #subcontracting has recently been high due to #attrition. However, with the internal fulfilment rate skyrocketing, it is anticipated that the cost of using ‘on demand’ workforce would decline in the following quarters.

Tier I IT Services Companies have boosted their #retention #budgets from $40-$50 million to $150-200 million as a result of heightened employee churn during the #pandemic era

The attrition rate is expected to slow down in the upcoming quarters with a forecast of about 19-24% for the IT Services industry. linkedin.com/feed/update/ur…

The market is changing quicker than Cisco anticipated based on the last decade's performance. Cisco was unable to capitalize on the shifting business IT needs, despite having almost $20 billion in cash and making good R&D investments. click here to read lnkd.in/gMsUMbxD

Gaurav Vasu the #founder and #ceo of UnearthInsight says that lay-offs are a part of course correction and should not be called a bust for the Tech Sector. Click here to watch👇Youtube Link - lnkd.in/gdy9uwrq

Our #ceo and #founder Gaurav Vasu expressed his views on how Musk is trying to unlock value. He further expressed his views on the how platform is trying to move to a LinkedIn kind of model, which has various subscription plans. To Read more click here - lnkd.in/gKxMTS3V

Today's story with Times Of india, our Branden Hampton Gaurav @Unearthinsight talks about increased focus on background verification in IT companies to keep a check on #moonlighting.

Nearly 30 million people with disabilities (PwD) live in India, and 13 million of them are employed. However, according to analysts at UnearthInsight, just 3.4 million of them are engaged or employed linkedin.com/feed/update/ur…

In FY21, the total background check failure rate in Tech industry was 3-4%. But in FY22, 2-3% of candidates failed the first background verification report (address check, university check, ID verification), whereas the total failure rate was 5-7%. Read👇 lnkd.in/gUihNWKR

Quote by our CEO Gaurav Vasu on a discussion with Financial Express (India) about "Generative AI and its impact on productivity and capability of the employees"

As per UnearthInsight, around 70-75% of the subcontracting budget is spent in the US/Europe market. .” Quote by our CEO Gaurav Vasu on a discussion with The Economic Times on "The A to Z of IT subcontracting" Catch more of the insights from: lnkd.in/gj-c-NnU

🔓 Unlocking the Future: How Indian Tech SMEs are Navigating the AI Frontier! #Didyouknow Indian SMEs contribute a significant 6-7% of India's Tech Sector revenues in FY25E? 📘 Our latest report, "Transforming India’s Technology SMEs for a Digital Future: Navigating the AI

Accelerating #Innovation in a GenAI World innomantra | DT Labs invites you to #Gurugram #DelhiNCR for the Discover India Tech-Innovation Series! 🎯 #GenAI x #DeepTech x #Functionalinnovation 🗓 30 July | ₹1500 🎟 rzp.io/rzp/ZTs0RHR MeitY-nasscom CoE-IoT & AI I Unearthinsight