With the Covid-19 pandemic slowly receding, the Big 4 consulting firms i.e EY, PwC, Deloitte and KPMG are set to recruit professionals across multiple job roles. With a growing demand for engineering and management roles, the companies have increased their hiring by 100-150%. The big 4 are expecting the maximum campus hiring this time around, thanks to recovery from Covid-19 disruptions.
Also read: BCG Becomes Top Recruiter At IIM Ahmedabad Summer Placement With Rolling Out 26 Offers
Campus hiring rises back to pre-pandemic level
As a report by Indeed,”The overall hiring activity in India has touched pre-pandemic levels and going ahead, the consumption economy will play an important role in driving job growth further.”
The IT job roles have witnessed a 19% growth between July 2020 and July 2021. The pandemic influence digitalization has played an important role. Job posting for other IT job roles such as project head, engineer, also saw an increase of 8-16 per cent.
"The reopening of the economy and the efforts by businesses to work around the challenges presented by COVID-19 have pushed the Indian job market towards recovery," said Sashi Kumar, Head of Sales, Indeed India.
EY, PwC, Deloitte and KPMG: Big Opportunities with Big 4
With digitalization picking pace due to the ongoing pandemic, this year, the focus has shifted on tech roles such as data science, digital analytics, design, compliance services, cyber security, etc. Consulting firms have witnessed exponential business growth post the pandemic, thereby witnessing huge profitability especially in the technology advisory and other technology-related practices
The companies have become accustomed to the ‘New Normal’, thereby improving their business practices.
“The COVID-19 pandemic has accelerated digital transformation at 59% of surveyed organizations,” said a report from IBM Institute for business value.
Source: IBM Business
As it can be observed, the companies are focussing on Digital Transformation, Workforce safety, Cost management to progress their businesses. Many have invested in cloud-based services to better retain their customers and make things more customer-friendly.
After experiencing positive results from their changes in business practices, the Big 4 consulting firms are focussing on recruiting skilled professionals to fill-up the vacancies created by the pandemic. Let us dive deeper and understand what each firm has to say.
1. Grant Thornton Bharat
Prashant Mehra, partner and chief operating officer of Grant Thornton Bharat explained, “The company plans to hire around 500 graduates, under-graduates and professionals by the end of the year from colleges like SRCC, Kirorimal, Bhagat Singh, Venkateshwara, Dyal Singh, HR College, NM College, Christ College and others.This also includes around 150 people from ICAI campus and proposed hiring of around 125 candidates for our technology and cyber practices from PG/B tech colleges like IIMs, IITs and other premier management and BTech institutes.”
Check out the Job opportunities at Grant Thornton Bharat
2. PWC India
PWC India has notified their plans to ramp up the recruitment. The consulting major will hire about 3,000 from campuses this year spanning a diverse skill set including engineers, management graduates, accountants, designers and those related to areas such as ESG (environment, social, and corporate governance). The in-demand job profiles include, business consulting, managed services, and risk advisory.
"It is a valuable pool of talent that grows with us and brings in energy and diverse perspectives to enrich our culture," Alaganandan, chief people officer, explained.
Check out the Job opportunities at PWC India
3. Deloitte India
SV Nathan, partner and chief talent officer at Deloitte India explained in an interview, “The order book from businesses is steep due to the post-Covid recovery in the market, so we expect hiring to keep pace with that. We hire from across universities across tiers, and the in-demand roles include data science, digital analytics, design, compliance services, and cybersecurity.”
Check out the Job opportunities at Deloitte
4. KPMG India
Sunit Sinha, Partner and Head of People, Performance and Culture, KPMG in India, said, "Our campus hiring is going to see record numbers this year with an over 150% jump in numbers compared to 2019 or 2020." The firm will hire across skill sets in technology, business consulting, managed services, assurance and risk and deals advisory from almost all the top and tier 1 and 2 campuses numbering more than 100, the person said.
Check out the Job opportunities at KPMG India
5. Ernst & Young
EY associate and enterprise chief Mr. Sandeep Kohli recently stated,“EY is looking for more than 6,000 graduates from campuses throughout arts, commerce, humanities and engineering faculties for all its service traces and world supply centre.”
Check out the Job opportunities at EY India
Promising future at The Big 4
"We look at the campus talent pool as a critical resource to serve our clients and operations needs with the appropriate balance between technical capability and executive presence," said Prashant Mehra, partner and chief operating officer of Grant Thornton Bharat.
As per estimates, top consultancy firms have recruited more than 20,000 professionals in the past 6 months. "Job growth continues to accelerate and more workers are finding jobs or starting to pick up their job search. Sectors tied to the reopening of the market are leading the way, giving some hope that these gains can continue in the months ahead."
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