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Patni Computer Systems has said it will complete the process of bringing on board the campus recruits of last year by March-end, much to the relief of the 200-odd campus recruits waiting in the wings.
There is a sense of apprehension among them, especially after Nasdaq listed-iGATE acquired a 63-per-cent stake in the Mumbai-based company, according to details available on social networking sites and blogs.
Allaying these fears, Mr Sunil Chitale, Chief Strategy and Marketing Officer of Patni, said: “There will be no change on this front, and all 200 campus recruits will be absorbed by the first quarter of 2011.” Patni follows a January-December accounting year.
In 2010, the company planned to hire up to 3,000 employees. Of this, over 70 per cent were expected to be freshers. In fact, one of the major challenges for the iGATE-Patni combine will be to retain employees in a market where attrition rates have soared to over 18 per cent.
“We have already embarked on a well-orchestrated employee engagement programme focused on an open and transparent communication policy manifested by regular town halls and change-management exercises,” said Mr Chitale.
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