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.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.

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. 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 Rs. 80 lakh per annum to Rs. 1 crore, HR heads get upto Rs. 1.5 crore, CEOs from telecom, retail, real estate can expect a salary from Rs. 2.5 crore to Rs. 3 crore and more.