IT major Wipro will hire 12,000 freshers in FY22, about 33 percent higher than the previous financial year. Out of these, 2,000 have already joined the company in the first quarter, while another 6,000 will join in the second. The company will be recruiting 30,000 freshers from campuses, of whom 22,000 will join the company in FY23.
Thierry Delaporte, CEO & MD, Wipro, stated during a media call “We have doubled campus hiring and are focusing on reskilling. For FY22, we will onboard 33 per cent more freshers.”
As per Wipro officials, this is the highest number of jobs the company has offered during campus placements in a single financial year.
While the company acknowledged that attrition is expected to continue for a few quarters, however it maintained that it is an industry-wide phenomenon and not a company issue.
As both demand kicks in and attrition rises in the IT sector, many IT services firms are increasing hiring of freshers. For instance, in the first quarter of FY22, Wipro reported an attrition of 15.5 percent, as compared to 12 percent in the previous quarter.
In order to rein in this attrition, the company too several steps such as two salary hikes in this calendar year. The IT major announced a salary hike for around 80 percent of its employees, which will come into effect from September 1, 2021. This makes it the second salary hike for the employees in this calendar year. Before this, the IT major had announced salary hikes for eligible employees in these bands in January 2021. Meanwhile, as attrition levels jumped to 12% in the quarter to March, it also offered skill-based bonuses to employees.
Wipro however is not alone in the hiring spree. For the first quarter of FY22, TCS added 20,409 more associates, taking its total headcount to 509,058. Meanwhile, Infosys is planning to hire around 35,000 freshers globally for FY22.