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With major legal hurdles scaled and business environment improving after the slowdown, Mahindra Satyam is going to increase its workforce by over 50 per cent in the financial year 2011-12.
The company said it would hire 1,000 people at lateral positions every month during the year. This would mean that it would employ 12,000 laterals in the year.
“Good news is that employee confidence in the company has gone up. The fact that more than 20 per cent of our laterals coming up from Tier-I companies shows this,” Dr Maturi Venkata Sridhar, Head of Recruitment of Mahindra Satyam, told Business Line .
The company currently employs about 30,000 people.
“With regard to freshers, we have just concluded campus interviews and selected 5,000. We will be issuing offer letters sequentially to absorb them in phases in the next few months,” he said.
The company almost put a clamp on campus hiring after it plunged into a financial and administrative crisis, following submissions by its founder Chairman, Mr B Ramalinga Raju. It used to be a frontline company in going to campuses and pick students in the pre-2009 days.
Entry level salaries in firms of Mahindra Satyam size are put at about Rs 3.1 lakh annually. This, however, slightly varies depending on the skill sets.
Salary Hikes
On salary hikes, he said the appraisal cycle had been kicked off. “We will meet the industry expectations on pay hikes,” he said, without assigning a range of hikes.
Meanwhile, the company was in the process of replicating its success in EMRI (Emergency Management and Research Institute) and HMRI (Health Management and Research Institute). The company developed technological backbones for EMRI and HMRI projects that were being put to use by various State Governments.
“It is time to globalise these technologies. We are going to deploy the technologies in geographies like Africa and Indonesia,” Mr C.P. Gurnani, Chief Executive officer, said.
Technology partner
Meanwhile, Mahindra Satyam selected the Bangalore-based Appnomic Systems as their technology partner for introducing automation capabilities in its Unified Service Management Platform (USMP). Post agreement, OpsOne, the latter's IT process automation solution, would be used in USMP.
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