Infosys to hire 40,000 new employees in 2011

Infosys has announced plans of hiring 40,000 new employees in the ongoing fiscal, up from the earlier projection of 36,000.

"The IT industry is very bullish on hiring. Even if the hiring is not very substantial in the third quarter, it will definitely be in line with last few quarters," Kelly IT resources director Thammaiah BN said.

He added that though mid-level hiring will continue, the same might not be said for entry-level recruitment.

TCS, which saw a volume growth of 11 per cent in the quarter ended September 30, 2010, said, "The company has seen significant deal closures across sectors and the deal pipeline is expected to be good."

"There was strong momentum in demand (during the September quarter)... While the macro-economic environment continues to remain uncertain, there is higher degree of confidence at the micro level," Wipro's Azim Premji said.

Staffing firm GlobalHunt said increment cycles were due for a lot of people in the industry as IT firms had either not offered salary hikes or cut compensation costs in view of the economic slowdown.

"During the recession period in 2008 and 2009, many companies either did not offer salary hikes and some went in for compensation cut. Now with demand for IT services returning to the market, companies are ramping up headcount and offering good packages to meet the demand," GlobalHunt director Sunil Goel said.

Also, most companies hired minimally from campuses last year since clients across major markets like the US and the Europe were in recession and were cutting down on IT spends.

According to industry body Nasscom, the Indian IT industry is estimated to have added 90,000 jobs during FY'10, taking the workforce to 2.3 million professionals.

With demand for workforce returning, attrition rates have also gone up. While TCS reported an attrition rate of 14.1 per cent, Infosys saw attrition rates to the tune of 17.1 per cent for the quarter ended September 30, 2010.

High attrition rates are not new for the industry as it is an indication of the robustness of the sector, feel the headhunters. "In any up-market situation, attrition rate of 16-17 per cent, especially in IT cos, is not alarming. IT companies have been facing this since 2004 onwards," Goel said.

Attrition tells growth story of IT sector and this is the time for companies to recognise and reward the talent available internally and build the bench strength for upcoming projects, he added.

On wage hikes, Goel said, "The average trend has been 20-30 per cent on current compensation and in some specific and niche skills, it has gone up to 50-60 per cent." At the end of September 30, 2010, the top three players-- TCS, Infosys and Wipro, reported about 0.41 million on their payrolls.

TCS to hire 50,000 people in 2011

Software major Tata Consultancy Services (TCS) is planning to hire around 50,000 people over the next 12 months.

"In Chennai, we will be adding around 12,000 people taking the total in the city to 50,000. We will also have a small presence in Coimbatore," N. Chandrasekaran, CEO and MD of TCS, told reporters here.

"Currently the company has around 12,000 foreigners on its rolls and this is set to go up as we will be hiring in China, Europe and Latin America.," he added. Currently, the company has around 177,000 employees on its rolls

Commenting on its lateral recruitments, he said: "We didn't consciously avoid campus recruitment. The academic cycle got over when we hired, so we had to resort to lateral hiring." However, with the end of semester now, campus interviews has begun again, he added.

With a view to filling the major skill gap in the industry, TCS plans to fund 200 doctoral candidates over a period of five years. It has selected 22 candidates and will select another 18 by next February.

"They will pursue basic research in computer science. Our funding the research scholars is not linked to the development of IPRs for the company or their becoming our employees," he said.

Cisco: Off-campus Fresh Grad Hiring - Batch 2008

From: Debolina Kundu (dekundu)
Sent: Saturday, July 19, 2008 12:10 PM
Subject: Off Campus Fresh Grad Hiring - Batch 2008

> Dear Colleagues,
>
> In FY08 we have visited several campuses and extended 300+
> offers to fresh grads .
> We are in need of more and plan to do an Off-Campus Hiring
> Event for fresh grads on August 2nd, 2008.
> The Job descriptions are as mentioned below.
>
> Eligibility:
>
> * Fresh Graduates either B Tech , BE, MTech, ME and
> MCA in EEE, Computer Science, Telecommunication,
> Instrumentation, Information Science / Technology and ECE.
>
> * Candidates who graduated in 2008 are ONLY eligible.
>
>
> How to submit details of your referral : Simply click on
> the URL below and fill the candidate(s) particulars; Email
> resumes will not be considered
>
> http://wwwin-asiapac-dev.cisco.com/in/hr/urelation/referNow.shtml
> <http://wwwin-asiapac-dev.cisco.com/in/hr/urelation/referNow.shtml>
>
>
> Process:
>
> * Invitations for the written test will be sent
> latest by 29th July 2008 to all short listed candidates with
> the date, time and venue.
>
> * The selection process will be held on August 2nd,
> 2008.
> * We will be ALLOWING ONLY the short listed
> candidates to participate in the selection process (written
> test & interview), hence please advice your referrals to
> attend for written test ONLY if they have received the
> invitation (to their respective email IDs).
>
> * Since we are expecting large volume of resumes, we
> will NOT be in a position to give feedback/ inputs to each
> employee who have uploaded the details of the candidates.
>
>
> We value your referral, if you have any friends or
> relatives who meet this requirement, please refer at the
> earliest and no later than July 25th, 2008 (Friday) .
>
> Also note that candidate (s) can take part in this event
> only if their candidature is short listed and it is not open
> for candidates to WALKIN without confirmation from our end.
>
>
> Since this is a fresh grad hiring drive, employees will NOT
> be eligible for referral bonus.
> Please refer to Amazing People guidelines
> (http://wwwin.cisco.com/cisco/careers/referrals/index.shtml
> <http://wwwin.cisco.com/cisco/careers/referrals/index.shtml>
> )
>
> Best Regards
>
> Staffing Team
>
> =========================================================================================================
>
>
> Job Description 1 : Technical Services - TAC
>
> The Technical Services team is a global organization
> chartered with providing world class services to the
> customer base of Cisco. The Technical Assistance Center
> (TAC) team is the core team that delivers these services.
> This is a fast paced, high impact environment where you will
> directly contribute to the success of Cisco's customers
> in utilizing the latest networking technologies. You will
> see a wide variety of real world customer networks and be
> constantly challenged to expand your networking knowledge,
> ability to improve customer networks and to implement new
> services on the IP network infrastructure. Your success will
> play a direct role in increasing customer satisfaction
> scores, creating opportunities for Cisco to cross-sell and
> up-sell it's products and services to existing customer
> base and all of this has a positive impact on the bottom
> line of Cisco.
>
> To know more about Technical Services business:
> http://www.cisco.com/web/partners/services/resources/tsquickstart/downloads/Global_Technical_Services_Quick_Start_Guide.pdf
> <http://www.cisco.com/web/partners/services/resources/tsquickstart/downloads/Global_Technical_Services_Quick_Start_Guide.pdf>
>
>
> The Associate Customer Support Engineer role requires an
> excellent combination of deep technical expertise and
> strong communication skills. As part of your development,
> the ACSE (Associate Customer Support Engineer) program will
> provide an extensive and intense work experience - using the
> Cisco model of education, exposure and experience. The
> Global Talent Acceleration Program [GTAP] signifies the next
> evolution in Cisco's Service Delivery capability, and
> represents a new phase in Cisco's cultivation of talent.
>
>
> For more information pls. visit :
> http://wwwin.cisco.com/CustAdv/AS/gtap/
> <http://wwwin.cisco.com/CustAdv/AS/gtap/ >
>
> 1. A 7-9 month training program, involving Classroom &
> On-the-Job Training modules.
> 2. Prepare for the CCNA certification and CCIE Written
> during this course.
> 3. Develop solid knowledge of baseline Technical Services
> (TS) skills
> 4. Develop knowledge as a Network Infrastructure (NI)
> specialist in core IP routing and switching
> 5. Should be able to work in night shifts.
>
> ======================================================================================================================
>
>
>
> Job Description II - CDO :
>
>
>
> Cisco Development Organization (CDO) seeks Software
> Engineers to define, design and build software for the Cisco
> products. You will champion new methodologies and create
> scalable software solutions that interact with widely
> deployed Internet products, thereby touching an endless
> number of users worldwide. Be part of the Cisco organization
> that is driving the evolution and expansion into new
> technology areas and market segments. The ideal candidate
> demonstrates a system-level focus while understanding the
> impact of every component.
>
> Broad knowledge of and exposure to network protocols as
> well as embedded and real-time operating systems are
> essential for success in this role. Participate on a
> project team of engineers involved in development of
> software for Cisco products, that may include any of the
> following list of responsibilities:
>
> * Write design specifications and functional
> specifications.
>
> * Design, develop, enhance and maintain system
> software/ firmware, or diagnostic firmware for
> internetworking products (e.g. hubs, bridges, routers, or
> switches) in a UNIX / Solaris / Windows NT development
> environment.
>
> * Write, port and maintain firmware and diagnostics
> for embedded controller designs.
>
> * Follow standard design and implantation processes
> and procedures.
>
> * Develops well-defined software modules.
>
> * Perform well-defined unit, product level
> integration, and dev tests.
>
> * Write portions of test plans.
>
> * Debug sections of the subsystem.
>
> ======================================================================================================================