The Hindu Business Line : Wipro: Offers made to 17,500 freshers

Chennai, April 20 Wipro Technologies has made close to 14,000 offers to fresh engineering graduates in the current year and would be bringing on board another 3,500 Bachelor of Science graduates.

“The bulk of our hiring would be focused on freshers (from campuses),” said Mr Azim H. Premji, Chairman, Wipro Ltd, during an earnings conference call with analysts. Lateral hires will be recruited based on demand in specific areas, Mr Premji said.

The company is looking at a fresher:lateral hire mix of 70:30 in the current fiscal as opposed to a 50:50 mix last fiscal. For 2007-08, Wipro Ltd had 82,122 employees, of which 61,844 were in IT services.

Wage hike

On employee wage hikes, Mr Pratik Kumar, Executive Vice-President, Human Resources, said, “We would see moderation ticking in this fiscal”. Compared to last fiscal’s wage hike of 12-13 per cent, the company is anticipating an 8-9 per cent hike this fiscal.

The company’s net utilisation rate (a percentage of number of employees billed to total employees) for 2007-08 was 78 per cent, excluding trainees.

“We still think we have headspace to pull it off further by about another couple of points,” Mr Premji said.

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