TCS, Infosys, Wipro Will Hire 100,000 Freshers From Indian Colleges: These Skills In Demand
IT companies are drawing up robust hiring plans for the second year on a trot, as digital deals continue to flow in and customer projects are ramped up.
India’s largest information technology (IT) service providers Tata Consultancy Services (TCS), Infosys, and Wipro are set to welcome more than 1 lakh freshers in this fiscal year as claimed by the firms in their respective quarterly earnings update.
TCS Hiring Process
TCS will be hiring over 40,000 freshers from campuses in India in the fiscal year 2021-22.
The firm, the largest employer in the private sector with a base of more than 5 lakh employees, had hired 40,000 graduates from campuses in 2020 and will do better on that number, the company’s chief of global human resources Milind Lakkad had said last week.
“From the campus in India, we hired 40,000 last year. We will continue to hire and hire 40,000 or more this year in India,” Lakkad said, adding that lateral hiring will also be “robust” this season.
He added that the coronavirus pandemic-related restrictions do not pose any difficulties in hiring and added that last year, a total of 3.60 lakh freshers had appeared for an entrance test virtually.
Infosys Will Hire Engineering Graduates This Year!
Infosys will hire about 35,000 engineering graduates from colleges globally this year. Infosys had a total employee base of 2.67 lakh at the end of the June quarter, as compared to 2.59 lakh in the March quarter.
“As the demand for digital talent explodes, rising attrition in the industry poses a near-term challenge. We plan to meet this demand by expanding our hiring programme of college graduates,” said Infosys COO Pravin Rao.
“Voluntary attrition, in some sense, is an area of concern but it’s also a reflection of the high demand environment out there and the shortage of supply. We expect this situation to continue till supply catches up,” Rao said, adding that 10,000 freshers have already been hired, with the remaining to be in the next 2-3 quarters.
Wipro’s Hiring At Highest In A Decade
Wipro’s IT services workforce surpassed 200,000, with a total headcount of 209,890, according to the company’s first-quarter update. More than 10,000 workers were hired laterally in the first quarter, with only about 2,000 freshers onboarded.
The onboarding of 6,000 freshers in the second quarter would be the highest ever by Wipro, The company will roll out over 30,000 offer letters this year for freshers to join in FY23. Of the 30,000 offers, 22,000 freshers are expected to join.
Wipro is also expecting the attrition rate to go up and hence it has been hiring aggressively. It will roll out 30,000 offers for freshers to join in FY22.
“Attrition, as I had called out last quarter itself, will see an uptick, which is very much in line with the demand environment in the industry,” said Saurabh Govil, president and chief human resources officer at Wipro.