Accenture to hire 8,000 in India by end of next year

Global technology and consultancy giant Accenture on Monday said it is going to add around 8,000 people in India by the end of next year taking its total employee base in the country to 50,000. "We are 42,000 right now and we imagine we will be about 50,000 by the end of 2010," Accenture Chairman and Chief Executive Officer William D Green told PTI on the sidelines of the India Economic Summit. Indicating a recovery from the global downturn, Green said the company will continue to focus in...
Published about 09-11-2009 | Rated 0

Strong companies kept hiring during slowdown: Genpact CEO

Back office service provider Genpact on Monday said the companies that kept hiring during the economic slowdown were viewed as "strong" firms and would benefit from this perception when the economy begins recovering. "People know that you (hiring companies) would look after them. You would not do a knee-jerk reaction, and I think that is very good," Genpact India chief executive Pramod Bhasin told IANS here on the sidelines of the India Economic Summit of the World Economic Forum. "Employe...
Published about 09-11-2009 | Rated 0

Infosys BPO to hire 1500-2000 by end of 2010 fiscal

Infosys BPO, the back-office unit of IT firm Infosys Technologies, on Monday said it would hire 1500-2000 people by the end of the current fiscal. "We plan to hire 2000 people in the next four-five months or by the end of this fiscal. Currently we are 16,000 people in India," Infosys BPO CEO Amitabh Chaudhry told reporters on the sidelines of the World Economic Forum. The 300-million Infosys subsidiary recently signed an agreement with the Andhra Pradesh government to set up rural BPO cent...
Published about 09-11-2009 | Rated 0

Draw up your HR strategy with `Best cos to work for` study

India’s Best Companies to Work For has drawn a great deal of cues from one of the most acclaimed organisation studies worldwide. It Best companies to work for has helped many organisations turn workplace environment into a powerful source of competitive strength, while creating collaborative and successful relationships among people at all levels. The reason why you should participate in the study this year is not far to seek. Currently inviting registrations, India’s Best Companies to W...
Published about 09-11-2009 | Rated 0

Job street in India to get flooded next year

If the plans of global banks and consulting firms are anything to go by, the current trickle of job offers in India may turn into a flood next year, marking a complete transition from a global downturn that eliminated thousands of jobs. Global consultancy firms Accenture, Deloitte, banks StanChart and Barclays and Indian IT giant Infosys all have announced hiring plans that would see the creation of at least 13,000 jobs in India by the end of next year. Analysts are not surprised by the bu...
Published about 09-11-2009 | Rated 0

StanChart to recruit 3,000 employees by 2010

Standard Chartered, a British bank headquartered in London with operations in more than seventy countries, plans to hire 3,000 employees in India by the end of 2010, a year that would also see the British firm listing its shares on the bourses here. Madhavi Lall, Regional Head for Human Resources, StanChart said, "We are planning to add close to 2,500 employees to our payroll in India during 2010, while we are likely to hire a staff of 500 in the last two months of 2009." StanChart, w...
Published about 09-11-2009 | Rated 0

More projects, but no hike in salary for lower level executives

Bangalore: Tough times call for tough measures, and as a result of it, most of the MNCs hung the axe on lower and middle level staffs than top level management at the time of crisis. The current global slowdown, the worst economic crisis after `The Great Depression` of 1929, forced around 94 financial institutions to shut their operations in the U.S. and at the same time more than 20,000 IT professionals have been laid off by various IT firms in India to cut their operational cost and survive in...
Published about 05-11-2009 | Rated 0

Microsoft 5,000 job cuts go up to 5,800

Microsoft Corp said on Wednesday it is cutting a further 800 jobs across its operations, on top of 5,000 jobs already eliminated under a plan to reduce costs that was announced in January. A spokesman for the world`s largest software firm said the latest job cuts are spread across the company`s global operations, but about 200 are in and around its headquarters in Redmond, Washington. Microsoft originally had planned to cut 5,000 jobs, or about 5 percent out of 96,000, before June 2010. T...
Published about 05-11-2009 | Rated 0

TCS hires 300 associates for its US Software Delivery Center

Tata Consultancy Services (TCS) on Thursday said it has hired 300 associates for its North America Domestic Delivery Center, TCS Seven Hills Park. Seven Hills Park provides a wide-range of IT solutions, consulting, business process outsourcing and engineering services for TCS customers across industries including banking and financial services, life-science and health care, as well as manufacturing and retail, a company press release said here. "I welcome these new associates into the TCS ...
Published about 05-11-2009 | Rated 0

Tax experts in demand; salaries scale new heights

An acute shortage of trained tax professionals coupled with a changing and complex tax landscape has led to a sharp rise in the pay packets of such experts with the average salary more than doubling in the past year alone, according to senior executives from tax and legal firms. While an entry level tax professional today commands not less than Rs 10 lakh per annum in some of the country’s top firms, the salary range for a middle-level professional is between Rs 25 lakh and Rs 35 lakh; whil...
Published about 05-11-2009 | Rated 0