With a surge in demand for consulting services, thanks to the accelerated digitisation across companies during the pandemic, the Big Four are seeking more professionals for their teams.
Deloitte, PricewaterhouseCoopers (PwC), Ernst & Young (EY), and KPMG are expected to hire about 80,000 people over the next one year. The high attrition has also been a reason for this hiring spree, especially in the tech space. The four already account for more than 2,10,000 tech and non-tech jobs in the country. It is expected that in the next couple of years, this figure will touch about four lakh.
These four companies along with their subsidiaries have together provided employment to 55,000 people in the financial year 2022. Of these, 52,000 hires were for the technology space alone. About 3,000 jobs were generated by PwC alone in FY22.
The Company is reportedly going to focus on digital transformation, workplaces of the future, environment sustainability and governance (ESG) and risk (including cybersecurity). It also aims to create 10,000 jobs in the country over five years.
About 20 per cent of the workforce at Deloitte is working out of India.
In the space, the demand is high for professionals in the area of cloud, data science, core development, cybersecurity, Devops, mobility and virtualisation. In the non-tech space, the in-demand roles are in the areas of process and functional advisory, business analytics, finance, business operations, forensics, accounting & audit, and risk advisory.