Thread by @BiIndia

SaaS-y salaries are 30% more than traditional IT services — and they’re making it tougher for traditional IT service firms to find the right talent

businessinsider.in/careers/news/f…

By @pabsgill

@pabsgill If you’re an #Engineer in India, the job market is tough. There’s a lot of competition and companies are selective about who they hire. But one thing that can give you an edge over other candidates is the right set of skills — SaaS-y skills.

#SaaS #IT

@pabsgill India’s software-as-a-service (#SaaS) market is still young, but that’s where the real money is, if you’re an #Engineer. The demand is overflowing, especially after the #COVID19Pandemic’s ‘digital transformation’ wave.

@pabsgill Recruitment firm TeamLease told Business Insider that salaries in #SaaS firms are at least 30% higher than traditional IT services, if not more.

@pabsgill “The potential for growth is better as a #SaaS firm because product development on this platform is more robust and exposure to technology is higher.” explained Siva Prasad Nanduri, the vice president and business head of IT Staffing at TeamLease Digital.

@pabsgill Here's a look at five #SaaS skills that have seen the biggest uptake in demand:

@pabsgill Having at least two years of experience is all you need to capitalise on your skillset. It doesn’t matter which sector you were in, or what brand you were working on, your knowledge is what companies are looking for when hiring.

#SaaS

@pabsgill It’s not that traditional #IT companies aren’t hiring for the same skills. They’re even giving out pay hikes to junior employees to keep them around for longer. But startups and small businesses are willing to offer more money.

#SaaS

@pabsgill Every other company wants to build a mobile app so that they can reach customers on their smartphones. #Cloud is the new mantra, and cybersecurity concerns are on the rise.

#SaaS

@pabsgill And firms are on the hunt to secure the right talent, which also means paying out big bucks to keep others from poaching talent away.

#SaaS