E-Commerce May Create Up To 50,000 Jobs In India
Besides, Vohra noted that growth industries inevitably attract youth and that significant part of the hiring in e-commerce is at entry or junior levels which accounts for a relatively younger profile of workforce.
In terms of remuneration, e-commerce has emerged to be paying better than the retail while compensation packages for data analytics professionals is higher than banking and financial firms as well as IT BPO sectors, experts said.
"With global e-commerce giants entering India, demand for talent will increase along with compensation for top executives," Randstad India's Uppaluri said.
"The management and technical roles recruited from top B-schools and engineering campuses, have a starting package between 8 to 12 lakhs per annum while senior executive compensations range from 50 to 75 lakhs with attractive employee stock options plans (ESOPs)," he added.
Unison International MD Udit Mittal felt that the salary was more for this sector against the traditional retail "majorly because a lot of people who take up job in e-commerce are taking a higher risk as we never know if the e-commerce business model they are working towards will fly or can backfire".
"Traditionally data analysts in the BFSI sector are paid the highest salaries but e-commerce players are the new entrants, they are building their analytics capabilities and in a bid to get the right analytics talent, are offering lucrative salaries to analysts across levels," Vohra said.
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