Experience level of 50% Staff At Top IT Firms: Less Than 3 yrs
In what seems an attempt to drive down costs, the four top Indian IT firms are hiring more employees with 0-3 years of experience. About 50% employees of TCS, Wipro, Infosys and Satyam have work experience of less than three years. However, companies describe it as a normal practice. For instance, Infosys hired 31,000 people during December-March, of which most are freshers. The company has a policy of having one senior manager and two middle-level managers for every five freshers. At TCS, campus recruitment comprised 50-60% of the company's staff addition every year since last five years. At Wipro Technologies, about 45% of the workforce has less than 1 year work experience. Although hiring freshers pulls down costs but it leads to additional challenges such as increased bench strength, increased training time and slower deployment of workforce on projects.
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Source: DNA Money
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