The country's largest software services firm Tata Consultancy Services (TCS) today said it expects to give out offers to hire 25,000 people via campus hiring next year by February.
"As far as our trainee or campus hiring is concerned you are aware that we do it from seventh semester onwards, and we have started that exercise - we have said that we will be giving offers to 25,000 people/students,the process is already on," TCS EVP & Global Head, Human Resources Ajoy Mukherjee told reporters here.
"We will be completing that exercise in January or early February, at this stage we are going to various institutes and doing our campus hiring," he added.
It is expected that students will come on board by July. The TCS HR head said: "As far as this year is concerned-initially when we started with we said we will be doing with 45,000 as the total hiring which includes trainees...., then we revised and said that we will do 5,000 more - so totally we said that we will be 50,000, that's what we did at the end of the last quarter."
"As far as hiring target is concerned it is 50,000 and we are pretty much on track as far as that number goes and we will do the review again to see that we should increase it or not," he added.
Stating that off campus placement would be primarily for freshers, Mukherjee said "....given the environment today where the number of organisations that are visiting various campuses have come down, and the offers are not too many- so can we look at a way where in if we are not visiting but there can be bright candidates who have not got an opportunity. That is what we are looking at."
"....looking at current environment and everything else I think we will be doing part of our student recruitment through off campus," he said, without divulging any further detail.
To a question on visibility in terms of on boarding and certainty as few companies had deferred campus hiring, he said "from TCS perspective we have never deferred anything, if an appointment is given they are for the financial year and they join in the financial year."
Stating that salary levels for trainees joining would be Rs 3.15-3.25 lakh per annum, he said "there are others- if I do hiring for CTO labs, there the offer is much higher."
To a question on salary