Categories: Business

It shifts towering, but so hire

Bengaluru: TCS, Infosys and Wipro together made a net addition of 50,994 employees in the December quarter, compared with 42,829 in the September quarter.
TCS adds 28,238 employees based on net (excluding those who stop), taking the total number of employees to 5.5 lakh.
Head of TCS Officer HR Milind Lakkad said that in addition to 43,000 freshers companies rented in the first half of this year, he was onboard 34,000 fresh graduates in Q3.
“This is higher than the number of recruitment of our full year in previous years,” he said.
But the friction rate is soaring.
LTM (the last twelve months) the friction rate was 15.3%, compared with 11.9% in the previous quarter.
Lakkad said a number of steps were taken to withstand friction.
“We provide preference to internal candidates for the most interesting open positions, providing opportunities for global deployment, fast tracking career paths related to learning, and we have promoted more than 110,000 employees this year.
We have been able to retain the best talents and overcome our supply – Sidi challenges, “he said.
Infosys added 12,450 employees to take the total number of employees to 2.9 lakh employees.
It saw a sharp surge in friction to 25.5%, from 20.1% in the September quarter.
CFO Ninanjan Roy said, “We continue to do so prioritize investment in talent acquisition and development and have more improved our global graduate recruitment program to more than 55,000 for FY22 to support our growth ambition.” The company has launched a skill based incentive.
Wipro added 10,306 people during the quarter, taking total strength to 2.3 lakh employees.
Wipro friction rose to 22.7%, from 20.5% in the previous quarter.
President and Chro Saurabh Govil, “We have tried to increase supply by adding 70% more fresh in this fiscal, compared to last year – from 9,000 to 17,000.
And we are renting 30,000 freshers for next year.
We want to ring fencer with fence skills In the regions.
such as Cloud, Engineering and Data.
We have done two rounds of salary increases and three promotional rounds in the last 12 months.
“Govil said the friction would be moderate in the upcoming quarter.

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