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Indian IT firms back in action, begin hiring
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Indian IT firms back in action, begin hiring
GrandpriX
According to Rediff, IT companies hire an average of 50 students each from engineering campuses and 20 students from management institutes. Headhunters confirm that many of the IT companies have given them mandates for hiring over the next couple of quarters. "We have seen an uptick in the hiring patterns among the IT firms. We ourselves have received good mandates from firms like Infosys and others.
"As of now, we have 13-14 mandates. The uptick started from August and has gone strong in September. The demand is increasing as these firms are also diversifying in newer geographies and within India, for which they will need people," said Venkat Subramaniam, Sourcing Partner of TMI Network.
In the case of Infosys, the company said that these 2,000 would be lateral (experienced people). This would help it to react faster once clients were ready to increase their IT spend.
"Close to 200 people will be added in the sales and marketing segment by the end of this fiscal," said Subhash Dhar, Senior VP, communications, media and entertainment, global sales, alliances and marketing.
Firms like Accenture have also approached headhunters for large scale recruitment. A senior HR consultant, who did not wish to be named, said India`s largest IT firm Tata Consultancy Services, too, plans to meet some of the leading HR firms after it announces the second quarter results.
The premier Indian Institutes of Management and Indian Institutes of Technology that Business Standard reporters spoke to confirmed that prominent IT firms have approached them for placements.
"The scene is good. Some IT firms have approached us and pre-placement offers are still flowing in, though they have not confirmed the numbers of hiring so far," said Professor Prafulla Agnihotri, Chairman, career development and placement, IIM Calcutta. He, however refused to divulge any names.
The reasons are varied. Sanjeev Bikchandani, Managing Director and CEO of InfoEdge (promoter of Naukri.com), points out that, "replacement hiring is definitely happening in the IT sector. So, it`s mainly lateral hiring. Demand led hiring is still a quarter or two away. However, it is early days to put any number to this hiring."
An HR consultant added, on the condition of anonymity, that companies will start hiring now as they are reaching the end of the year. This is when clients will also finalize budgets, besides the fact that Indian IT groups are also gearing up their global centres.
"We have seen that on an average, every month firms are hiring 30-40 people in the senior and mid-management level," he says.
Source:
http://www.siliconindia.com/shownews/Indian_IT_firms_back_in_action_begin_hiring
