IT services firm Infosys will hire 6,000 students from engineering and MBA colleges this year. This is a sharp drop compared with the 19,000 they hired last year. But Human Resources head Nandita Gurjar said if needed Infosys would hire more through off-campus placements. Off-campus hiring takes place when companies recruit students who have not been placed during the regular hiring season.
The firm will also announce 12,000 new promotions from January-April 2013 in addition to the 20,000 promotions it had announced earlier for April to December 2012. The company's employee satisfaction study, which takes places every 18 months will happen in January as well, said the HR Head.
Infosys after two quarters announced wage increments of about 6%, which will be rolled out this quarter onwards. On site employees get a 2-3% hike. "A wage increment despite unsure economy reflects on the confidence the firm has in long-term growth," said SD Shibulal, CEO and MD. "This shows confidence in long-term strategic direction, while we believe short-term has challenges."
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