Infosys likely to offer 13,000 jobs on campuses

BANGALORE: Infosys Technologies, the country’s second largest IT services exporter, is likely to make 13,000 campus offers to fresh engineering graduates who are expected to join during the course of fiscal 2011.

Interacting with mediapersons here on Wednesday, Nandita Gurjar, senior VP, Infosys said that they have already started going to campuses in about 700 engineering colleges. Infosys had made 20,000 offers to engineering graduates for the 2009 fiscal, though only around 75-80 % of the students actually join the company.

The Indian IT services industry has discontinued the earlier practice of selecting the students a year before they complete their graduation and is now visiting colleges in the final semester itself. According to the Infosys official, they would be closing the 2009 fiscal with around 18,000 freshers and 3,500 experienced hires and it is expected that the same hiring numbers is likely for the coming fiscal.

The compensation package for the students coming into Infosys from the next fiscal will be same as last year.
The campus offers for the Indian IT industry had run into certain rough weather during the FY09 with certain companies delaying the entry of these students and in some cases putting them on a different stream of work.

Wipro to hire 5,000, revamp recruitment strategy

Wipro Technologies said on Wednesday it will hire 5,000 people in the next couple of months and is looking at a fresh recruitment strategy of taking in graduates from non-engineering institutes.

"Our strategy is to recruit non-engineering graduates, in addition to engineering and make them fit into the slot. We are still working out the details," Wipro Technologies joint CEO Girish Paranjpe said.

Refusing to divulge more details for next year's recruitments and outlook, Paranjpe said it would be a mix of 60 per cent freshers and 40 per cent experienced.

About 5,000 will be taken into the company in a month or two, he said. Last year the company made offers to as many as 8,500 persons through recruitment drives in colleges and institutions.

"We expect clients to make no further cuts in their budgets. We expect 2010 to be a better year than 2009," Paranjpe told reporters in Hyderabad on the sidelines of dedicating renovated Manikonda Lake at Hyderabad facility to the community.

He said the new hiring strategies will be worked out in a month or two. Attrition rate in the company stood at 10 per cent.

On becoming energy efficient, he said the company is determined to reduce the carbon emission per employee by 45 per cent from the present 3.96 tonnes to 2.5 tonnes in the next five years.

"Our power consumption went down by 12 per cent last year and we are planning to set up a micro windmill at our Hyderabad facility soon," Paranjpe said.

The company consumes nearly 75 megawatt power from both Government and internal sources.

He said the company's exposure in the Gulf market is around 4 per cent and the Dubai financial crisis will have no impact.