IT hiring easier than last year; founders hopeful of resumption in funding

The employees in IT companies are sticking to their jobs, and this has resulted in tech salaries cooling down when compared to the last year, according to a report in The Times of India (ToI), which cited a survey that covered more than 250 founders across various stages and sectors.

Of the 250 founders the VC firm Elevation Capital spoke to, about 46 per cent said that fewer people have left their jobs and retention has improved. Moreover, hiring tech talent has also become easier than in the last one year, due to the decline in salaries.