Summary
Over 45% of senior tech-hiring movements in the past three quarters have been in startups, which have a clear lead from a compensation standpoint on employers of IT products, global innovation centers (GICs) and IT services. data show.
In several years the country has seen a fierce battle for tech talent, startups are gaining an edge over companies in other sectors. With over 980 of them funded and 35 unicorns in 2021, in addition to a $32 billion war chest and counting, startups are increasingly attracting and absorbing top-tier talent, straight from campuses to the C-suite level. There are many reasons for the change in the power equation, said
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