Demand for high-skill talent on contract grows by 105% in last 12 months: Report

New Delhi: There has been a 105 per cent increase in demand for high-skill talent across roles on a contractual basis in the last 12 months, as workforce mobility continues to evolve, a new report said on Wednesday.

According to tech-led enterprise gig platform Awign, about 85 per cent of the overall demand coming from enterprises has been for gig talent in tech roles which include roles of full stack developers, data scientists, React and Java developers, mobile app developers, and cloud engineers.

“Amid changing business priorities in a competitive landscape, enterprises have shown an increasing preference to work with high-skill gig talent for specialised roles on a project or contract basis,” said Gurpreet Singh, Co-founder and Chief Business Officer, Awign.

“The gig model allows enterprises to variablise their fixed costs and optimise their toplines, and the growing adoption is a result of focus on business profitability. In the coming years, a hybrid workforce – dominated by the gig workforce will become the standard norm of working for enterprises across the globe,” he added.

The report observes that while 76 per cent of the demand for high-skill talent comes from large enterprises, mid-size enterprises along with startups and growing enterprises contributed to 16 per cent and 8 per cent of the demand, respectively.

Moreover, the increased demand for high-skill contractual talent has been observed in non-tech roles as well, particularly in creative roles.

Gigs in non-tech roles such as HR and recruitment, mechanical engineering, and content writing have also seen a 5 per cent, 8 per cent and 10 per cent spike in demand in the last 6 months, the report said.

IANS

Tech major IBM lays off 3,900 employees, bets big on hybrid cloud, AI

New Delhi:Tech giant IBM is laying off 3,900 employees, which is a result of the spinoff of IT infrastructure services provider Kyndryl business and part of the AI unit called...

Mukesh Ambani’s son Anant visits Jagannath temple ahead of marriage

Bhubaneswar: Business tycoon Mukesh Ambani's younger son Anant Ambani on Tuesday visited the Jagannath temple in Puri and sought blessings before his marriage. This is his first visit to Puri...

The Washington Post lays off 20 newsroom staff, shuts gaming division

Washington : Media giant The Washington Post has begun laying off employees, starting with eliminating at least 20 newsroom jobs and shutting down its gaming section. In an internal note...

$420 price for a Tesla share not a weed joke to please girlfriend: Musk

San Francisco: Elon Musk has told a US court that his taking Tesla private at $420 a share was not a weed joke but only a coincidence. In the ongoing...

Zomato CEO says aware of fraud at delivery agents’ end, fixing it

New Delhi : After an entrepreneur complained in a LinkedIn post that a Zomato delivery agent advised him to cheat the company by paying some money directly to him and...

Rapido flays Maharashtra ban on bike aggregators, may challenge it

Mumbai: Bengaluru-based bike aggregator Rapido has slammed the Maharashtra government's decision to ban such private aggregators and ride-pooling vehicles from plying, and said it will examine legal remedies, here on...

Musk admits he ignored investors while tweeting on Tesla ‘going private’

San Francisco: Elon Musk has admitted in a US court that he ignored his advisors and investors while tweeting about Tesla securing funding in 2018. Musk, who briefly took the...

Wipro lays off over 400 freshers for poor performance

Bengaluru: IT giant Wipro has laid off more than 400 fresher employees for poor performance in internal assessment tests. The company has issued termination letters to all the affected employees...

‘Deeply sorry’: Sundar Pichai after announcing 12K job cuts at Alphabet

New Delhi: Alphabet and Google CEO Sundar Pichai on Friday said that he is "deeply sorry" for reducing the workforce by approximately 12,000 roles, and takes "full responsibility for the...

AMC ban on paper cups: BJP govt in dilemma over the action

Ahmedabad: Controversy has arisen over the ban on tea paper cups by the Ahmedabad Municipal Corporation (AMC), after the ruling party refused to give the green signal. The AMC executive...

Collapsed crypto exchange FTX claims $415 mn hacked

San Francisco: Bankrupt cryptocurrency exchange FTX has claimed that hackers stole nearly $415 million from its platform. FTX CEO John J. Ray III said that about $323 million was hacked...

Microsoft sacks 10,000 employees, Nadella says ‘will treat our people with dignity’

New Delhi: Microsoft Chairman and CEO Satya Nadella on Wednesday said that the company will be "making changes that will result in the reduction of our overall workforce by 10,000...

Read Previous

Samsung may launch Galaxy S23 series on Feb 1

Read Next

The Guardian hit by ransomeware attack, staff told to work from home

Leave a Reply

Your email address will not be published.

WP2Social Auto Publish Powered By : XYZScripts.com