Source | economictimes.indiatimes.com | Shilpa Phadnis
BENGALURU: HCL TechnologiesNSE -0.70 %, one of the fastest growing IT companies in India, plans to nearly double its campus recruits to 15,000 in the financial year 2020-21, from 8,600 this fiscal. This will include hiring of 500 students from premier B-schools.
“Beginning this fiscal, we have also increased the compensation by 15-20% for all those we take in at the management and technical cadre,” said chief human resources officer Apparao V V. The bulk of the hires will get annual salaries of Rs 3.6-3.8 lakh.
For management graduates from IIM-Ahmedabad, Bangalore and Calcutta, ISB, XLRI and SP Jain, HCL pays between Rs 20 lakh and Rs 23 lakh. For those from IIM-Indore, Kozhikode and Lucknow, it pays between Rs 15 lakh and Rs 18 lakh. MBA graduates from other campuses get Rs 4.5 lakh to Rs 7 lakh.
The management graduates go through HCL’s Global Engagement Manager (GEM) training programme. “Those who graduate from GEM largely get absorbed into sales and pre-sales roles. Others go into business analyst roles,” said Apparao. On the technical side, IIT graduates get Rs 12-15 lakh, while those from NITs get Rs 8-12 lakh.