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Monday, April 07, 2008

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.



Source: DNA Money

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