With large tech companies undergoing a period of correction, other companies appear to be ready to snatch up prime technology talent

Indeed, the world’s no.1 job site has launched a list of Best Jobs for 2023 in India, which shows that tech jobs are leading the list. Despite the layoffs that were reported in the second half of 2022; technology job roles account for 15 of the top 20 titles in India. Indeed has compiled this list of best jobs based on availability (share of job postings), salary, opportunity growth (% change YoY), and the number of postings offering remote or hybrid working arrangements based on data from its platform.

With large tech companies undergoing a period of correction, other companies appear to be ready to snatch up prime technology talent. This is largely due to the fact that tech roles have a larger volume of jobs as compared to any other job role. Technology roles are also sector agnostic, meaning that every sector has a requirement for tech roles.

Sashi Kumar, Head of Sales, Indeed India said, “Overall the year will continue to see tech roles hire the most. India is seeing a steady and stable growth and the short term impact of recession and layoffs are not likely to impact the future of tech roles in India. With increasing investment in IT and adoption of new age emerging technologies, job roles in these areas will also see a rise this year.”

Additionally, technology jobs offer a lot of workplace flexibility as well as competitive salaries, both of which are qualities that jobseekers value highly. The high demand for technical skills both inside and outside of the technology sector is good news for tech employees and a clear indication of where opportunities exist for individuals beginning or changing careers.

This trend is not only seen in India but also globally. In Indeed’s Global Best Jobs of 2023 list, tech jobs occupy the top three spots - full stack developer, data engineer and cloud engineer. This is an improvement from last year where only one tech job made it to the top ten.

Developers have emerged in India as the most sought after role, especially those that can design, develop and maintain the front-end and back-end of a web application, making up five of the top 10 job roles.

Even with instability in the market, the demand for tech workers does not appear to be going anywhere and neither is the industry’s trademark high compensation. Principal software engineer, engineering manager, data scientist, data modeler, and software architect are expected to be the top paying jobs in 2023

Job roles with highest salaries

1 Principal software engineer 31,54,395

2 Engineering manager 25,91,267

3 Data scientist 24,62,356

4 Data modeler 20,30,792

5 Software architect 19,12,104

Additionally, the job roles that have seen the highest growth since pre-pandemic (January 2020) are data engineer (353%), site reliability engineer (260%), assistant engineer (254%), application developer (235%), cloud engineer (220%).