Wednesday, October 06, 2004

Boom Time for Indian IT industry: Oracle India to hire 250 per month ...

Details here.

And that's the kind of expansion happening in a lot of companies in India now. It's boom time for the economy and the industry, and happy switching time for people in the software industry :) Salary hikes during switches, of 30-50% aren't uncommon (rather the norm) and a lot of the head hunters are from MNCs and start ups (or their offshore development centers).

It's tough competition time for all the players in terms of retention capabilities. A challenging period ahead.

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