Bangalore: After the global economic downturn which pushed the world economy to hibernate for nearly 20 months, the IT/ITeS sector is expected to hire over 2,000 CXOs in the current fiscal. BFSI, IT and BPO sectors are hiring large number of top level authorities to concentrate on sales, marketing, delivery and operations, reports Mini Joseph Tejaswi of Times News Network. "All these business verticals are action packed today. That means big time hiring. Already there is a 20-30 percent increase in CXO hiring across segments," says B.S. Murthy, CEO of an executive search firm, LeadershipCapital. Even, other sectors are going to witness an absorption of nearly 5,000 CXOs this year as thousands of vacant and newly created positions across the industry verticals has to be filled up. "With market recovery, there is a visible uptick in the CXO hiring. The trend is seen across south America, Asia Pacific and India and across verticals," says Ray Pereira, Director, Kenexa India. Several newer business streams have been created as their has been huge venture capital and private equity players in industries like healthcare, infrastructure and real estate. "There is significant traction in the 'C' level hiring in the last few months as companies have concrete business plans and are on an expansion mode," said Sunil Goel, Director, GlobalHunt India, an Executive Search firm. "Also, in the last few years CXOs never got an opportunity for job change. So, the current spurt in CXO hiring is driven by attrition, replacement and a sizable fresh demand. Also, a substantial volume of leadership is required for the rural market push," added Goel. Another part in this package of good news is that organizations are not only hiring on a large scale but they also promise to pay heavy salaries to make their offer lucrative for potential CXOs. From now on, a CFO can expect a salary from 80 lakh per annum to 1 crore, HR heads get upto 1.5 crore, CEOs from telecom, retail, real estate can expect a salary from 2.5 crore to 3 crore and more.