Tuesday, September 06, 2011

IT cos. to kickstart campus hiring, fear among senior staff ..

http://timesofindia.indiatimes.com/business/india-business/IT-companies-kick-start-campus-hiring-plan-to-recruit-2-5-lakh/articleshow/9877327.cms

The plan of IT cos. ( when the international scenario is dim with IT spends decreasing and cos. bargaining to reduce IT costs ) to hire more of freshers especially when the international scenario is dim is sure to send shock waves with senior employees.

The plan of IT cos is to hire fresh talent, from 2L last year to 2.5L this year, at low salaries and prune headcount at higher levels with higher salaries .. Benefit for the IT cos, an effective cost cutting measure ..

Great churning in the IT sector expected .. Median age is still to fall down ..

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