CHENNAI: Tech titans have kick-started their campus recruitment process. On plans are to recruit nearly 2.5 lakh engineering graduates from across the country's campuses this year. Last year, offers were made to nearly 2 lakh students. Campus recruitment, which usually happens in the last semester, has been advanced to the seventh semester this year. Consequently, tech companies have started visiting campuses in the past few days and have started issuing offer letters.
TCS has issued offer letters to 702 students of Thiagarajar College of Engineering in Madurai, 515 students of Velammal Group of institutions, 500 of Sairam Group of Colleges and 645 of RMK Group of Instuitutions, all in Tamil Nadu. Cognizant has offered jobs to 807 students of Anna University's Guindy campus, Chennai, and 703 to students from PSG College in Coimbatore.
Cognizant also offered jobs to 500 students of Birla Institute of Technology, Mesra, Ranchi. Accenture has signed offer letters for 417 candidates from Sona College in Salem. Wipro has offered job letters to nearly 700 students of Amity.
"When we saw the situation created by the US debt deal we thought it would impact placements. But it has not reflected in the placements in our college. It has been better than last year, with 642 students being recruited this year while TCS absorbed 477 of our students in 2010," said Sivagnana Prabhu, head of training and corporate affairs, RMK Group of Institutions. "The students are usually asked to join around July or August. Our students have not faced delays in previous years, so we don't expect them to happen this year either," he said.
Andhra Pradesh leads the supply side of students with nearly 2 lakh a year, followed by Tamil Nadu with a 1.8 lakh students. Karnataka and Maharashtra supply about 80,000 students a year to the job pool. Most of the companies were not willing to confirm the offer letters or their recruitment plans citing confidentiality.
"This year the industry will ensure good recruitment numbers as we started the process in the seventh semester itself. This will result in good input for the industry. We are also witnessing interest from a lot of emerging companies to recruit from campus," K Purushothaman, regional director, Tamil Nadu, Nasscom said. Smaller and niche IT companies like Thoughtworks, muSigma, Robert Bosch have also joined the campus rush this year.
Pay packages offered by companies will, however, remain at last year level of Rs 3 lakh to Rs 3.25 lakh a year for these engineers. "We are not revising that this year," an industry official said.
"Cognizant has kick-started its hiring across campuses in India. Being the fastest growing consulting and IT services company, Cognizant continues to aggressively hire fresh graduate talent from premier institutions. It's widely acknowledged that faster the company growth, faster the career progression of an individual. Cognizant demonstrated this in the previous promotion cycle where we promoted over 30% of our global workforce. This performance and promise has helped Cognizant get slot 1 in pretty much all the premier campuses we recruit from, helping us attract the choicest from among the best," said Shankar Srinivasan, chief people officer, Cognizant.
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