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Cross-sector hiring increases, tech sector emerges as leading vertical

Out of the 296 movements, Technology witnessed the highest candidates from other industries. Nearly 26% movements were in the tech sector, stated Executive Access, which studied these movements in an exclusive survey for TOI

Source | economictimes.indiatimes.com | ET Online

The cross-sector hiring has increased owing to the growing need of senior officials in the industry, revealed a TOI survey.

According to the survey, close to 296 of 800 CXOs or 37% movements this year were inter-industry.

Out of the 296 movements, Technology witnessed the highest candidates from other industries. Nearly 26% movements were in the tech sector, stated Executive Access, which studied these movements in an exclusive survey for TOI.

With organisations focusing on increasing and enhancing digital footprints, the emergence of the tech sector as a leading vertical is no surprise.

The financial sector also saw a fair bit of outbound talent (13%) though significantly less than technology, stated a TOI report.

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Source
economictimes.indiatimes.com
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