It Cos Hire Record No. Of Freshers | India Business News - Times of India

It Cos Hire Record No. Of Freshers | India Business News – Times of India

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CHENNAI A combination of increased digitisation projects and rising attrition at the mid and senior level at IT companies is bringing record job opportunities for fresher engineering talent. With most IT firms looking to pay premium for specialised skills, the average pay for freshers has also gone up across campuses.
IT companies including TCS, Infosys, Wipro, Cognizant, HCL Tech, Tech Mahindra, Accenture and Capgemini have already added over 2.3 lakh new graduate talent in fiscal year 2022 — a record figure — and have conveyed plans to expand their fresher hiring programme in fiscal 2023, industry estimates show.
Research firm UnearthInsight estimated in a recent report that, by the end of fiscal 2022, the fresher additions at the top IT services firms will stand at 3.5-3.6 lakh, with proportion of fresher talent in these firms at the 14-18% mark. “The IT industry growth outlook remains intact, despite the pandemic and this financial year, the industry is likely to achieve best ever revenue growth and will continue to add workforce according to the estimates,” UnearthInsight founder & CEO Gaurav Vasu said.
Sriram Rajagopal, managing partner at talent sourcing firm Diamondpick, said engineering graduates are likely to have more than one job option to choose from if they do their part right. “We’ve hired almost more than 8,000 people from (tier-2) centres in the last couple of quarters,” Tech Mahindra chief people officer Harshvendra Soin said earlier this month.



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