Join Hands to Build a Smarter India: Sign in | Join now
News

What Google, Flipkart Are Doing To Retain IITians

By SiliconIndia  |   Wednesday, 05 December 2012, 04:40 Hrs   |    1 Comments
44
41
80
16
Print Email


According to Rinshul Chandra, Vice-president on the placement committee at IIT-Kharagpur, who spoke to TOI, “The number of firms offering stock options, though about 10% of the total, has increased over the years. It is a lot more this year as compared to last year."IIT-Kgp placed 188 students on day one and many of them are today shareholders. The reasons for the change are many: start-up companies wanting to spruce up their offer, a bad economy that is forcing the way hiring is done and organizations wanting to cut down attrition.”



Also Read: The Highest Paid Indian Tech Company Executives



“Stock options are actually ‘golden handcuffs’,” said Ravi Sinha, former placement chairman at IIT-Kgp. The major trend that pushed more employers to offer stock options is the competition. "IITs have been able to attract globally leading companies and those in the highly competitive sector offer stocks to attract talent," he said. While some others believe that the stock options motivate young recruits and give them a sense of responsibility, rather than the ‘retaining’ factor.



Read On To Know How Much These Fresh Recruits Are Paid



Experts on SiliconIndia
Sunil  Bhat
Project Management
HCL Infosystems Limi
Haresh  Motirale
Founder Director
Brandniti
Jeya  Padmanaban
President
JP Research, Inc.
Sonal  Rochani
President
Shakti Foundation
Chetan  Nagaonkar
Managing Director
eStomi Technologies
Deepak  Gupta
Business Analyst
Wipro Technologies
Sarvesh  Vaidya
Senior Director - HR
Tangoe
Aarthi  G R
HRM Specialist
PlasmaGen
Sign Up for DailyDose and Read the Day's Highlights
Write your comment now
 
Reader's comments(1)
1: Yes. IITians are most sought after for jobs. Ofcourse those from IISC and BITS.
Dr.A.Jagadeesh Nellore(AP),India
Posted by:Anumakonda - 05 Dec, 2012
SiliconIndia About Us   |   Contact Us   |   Help   |   Community rules   |   Advertise with us   |   Sitemap   |  
News:       Technology   |   Enterprise   |   Gadgets   |   Startups   |   Finance   |   Business   |   Career   |   Magazine  |   Newsletter   |   News archive  
Cities:        CEO   |     Startup   |   Mobile   |   CIO   |   Women   |   BI   |   HR   |   SME   |   Cloud   |   Marketing   |   QA   |   Java   |   Web Developer  
Community:      Members   |   Blogs   |   Indian Entrepreneurs   |   Gyan   |   Advice   |   Community   |   Find   |   Events   |   CXO Insights  
Job Board:      Jobs   |   Freshers   |   Companies   |   HR Speak   |   Forum  
Online Courses:   Web Developer   |   Java Developer   |   CCNA Training   |   SEO   |   SAS   |   SQL Server 2005   |   J2EE
Education:   MBA   |   MCA   |   Engineering   |   Training Institute
Life:          Real Estate   |   Travel   |   Finance   |   Gadgets   |   Movie Reviews   |    Jokes  
Send your feedback and help us continue to improve SiliconIndia
© 2014 InfoConnect Web Technologies India Pvt Ltd. all rights reserved