Are engineering students being fooled by IT firms?
By Sudarshan Kumar
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Friday, 27 November 2009, 15:08 IST
1.7 lakh per annum, which is
1.2 lakh less than what the campus recruits were supposed to get as per the company's initial commitment. In case the 'freshers' do not accept this offer, its earlier offer issued through campus selection stands good and very much valid, but will depend only as and when company has the requirement." Also Infosys, which had hired around 18,000 graduates last year, asked more than half of the recruits to work in its BPO section. But it did not reduce the salary.
Even though these companies have not offered joining letters to all the previous campus recruits and placed many of selected candidates in BPO division, they have started making rounds of engineering colleges for the campus recruitment once again. This year too, they plan to hire 'freshers' in large numbers.
According to recent NASSCOM report, Infosys has plans of hiring 20,000 graduates this year, even though 30,000 people at Infosys are 'benched'. Similarly, TCS has plans of hiring 25,000 people this year, even though 100s of students like Raman are waiting to get the joining letter. TCS officials denied of giving any information regarding the last year campus recruits, who are yet to get the joining letter.
As already we have a large number of students waiting to get their joining letter, these companies seem to be doing the same mistake again by planning to hire large chunk of students. Some IT professionals also believe that this step may be a sign of major lay off in middle level positions.
To get the answer of this question, we need to wait till the current session gets over in June 2010.