{"id":14828,"date":"2024-06-14T16:07:52","date_gmt":"2024-06-14T16:07:52","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=14828"},"modified":"2024-06-14T16:07:52","modified_gmt":"2024-06-14T16:07:52","slug":"gujarat-it-sector-may-see-lowest-raises-in-3-years","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/gujarat-it-sector-may-see-lowest-raises-in-3-years\/","title":{"rendered":"Gujarat IT sector may see lowest raises in 3 years"},"content":{"rendered":"<p>Appraisal time is here. However, it is unlikely to bring much cheer to those working in the IT sector as the increments are expected to be lowest in the past three years.  experts believe increments may be at an <a href=\"https:\/\/exam.pscnotes.com\/average\">Average<\/a> rate of 8% compared to 15% last year.<\/p>\n<p>IT companies have seen a significant increase in input costs, but there has been no proportionate rise in revenues, said industry leaders.<\/p>\n<p>Gujaratis emerging as an important destination for the IT industry, and experts believe that the availability of the talent pool has improved, which will continue to boost the IT sectors <a href=\"https:\/\/exam.pscnotes.com\/growth\">Growth<\/a> here. IT companies in the state are evolving, and professionals with expertise in new technologies will continue to get heftier rewards. After the pandemic, Gujarat-based IT professionals have seen their salary packages increase by more than double due to the high demand for talent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Appraisal time is here. However, it is unlikely to bring much cheer to those working in the IT sector as the increments are expected to be lowest in the past three years. experts believe increments may be at an Average rate of 8% compared to 15% last year. IT companies have seen a significant increase &#8230; <a title=\"Gujarat IT sector may see lowest raises in 3 years\" class=\"read-more\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/gujarat-it-sector-may-see-lowest-raises-in-3-years\/\" aria-label=\"Read more about Gujarat IT sector may see lowest raises in 3 years\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1084],"tags":[1077],"class_list":["post-14828","post","type-post","status-publish","format-standard","hentry","category-gujarat","tag-31-03-23"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Gujarat IT sector may see lowest raises in 3 years - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/gujarat-it-sector-may-see-lowest-raises-in-3-years\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gujarat IT sector may see lowest raises in 3 years\" \/>\n<meta property=\"og:description\" content=\"Appraisal time is here. However, it is unlikely to bring much cheer to those working in the IT sector as the increments are expected to be lowest in the past three years. experts believe increments may be at an Average rate of 8% compared to 15% last year. IT companies have seen a significant increase ... 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However, it is unlikely to bring much cheer to those working in the IT sector as the increments are expected to be lowest in the past three years. experts believe increments may be at an Average rate of 8% compared to 15% last year. IT companies have seen a significant increase ... 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