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The Economic Times
English EditionEnglish Editionहिन्दीગુજરાતી
| 14 August, 2020, 05:24 PM IST | E-Paper
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    SEARCHED FOR:FRESHERS

    Unlock 1.0: White-collar jobs for freshers gain pace

    Companies hiring freshers include Accenture, Amazon, Wipro, Muthoot Finance, Ernst & Young Global Business Services, Tech Mahindra, Mphasis, Paytm, Reliance Industries, WNS Global, HCL Technologies, Bajaj Capital, Simplilearn, Tesco, NTT, Microland, Dell and IBM India, according to job sites—Freshersworld.com, Indeed.com, and Naukri.com.

    IT brings new-age tools to the class to train freshers

    Due to the ongoing lockdown, companies have not been able to train freshers at their s...

    Like last year, TCS to hire 40,000 freshers

    In the US, apart from engineers, TCS has also been recruiting graduates from the top 10 B-schools...

    • The survey suggest that of the available engineering jobs, only approximately 40,000 jobs (for ~3% of ~15L engineers) provide an ideal mix of autonomy and learning potential with packages upwards of Rs 8-10 LPA for freshers. Additionally, of the 3% of graduates that land coveted high paying and high-quality jobs, the majority come from Tier 1 colleges.

      Certain new things are taking root in Covid's wake. They could soon mark a critical change of tack.

      Recruiters flocked premier undergraduate colleges to woo fresh talent, despite a slowdown.

      Edtech companies like upGrad and Great Learning are now introducing courses for students that cost as low as 10% of the original versions. Students enrol on the platforms directly or through the colleges. Catering to the limited time in hand, courses are designed such that they are shorter and more intensive, getting wrapped up in under six months.

      Chief minister BS Yediyurappa urged students in a tweet on Wednesday to wear masks, maintain social distance and use sanitizers, and face the exams with confidence and without fear. Congress leader Siddaramaiah and JD(S) leader HD Kumaraswamy, both former chief ministers, also asked students to follow all safety protocols.

      Most students have switched to online job portals, but 17% are taking the referral route and connecting with their college alumni, it said.

      Analysts said the cost optimisation plan was a routine move aimed at reducing wage costs by hiring more freshers. The company’s margins have dropped significantly under CEO Salil Parekh, as it boosted investments to drive growth. The company is, however, now looking at greater cost savings, since a major chunk of its investments has been completed.

      There are currently around 12,000 active openings for permanent job roles across levels at leading edtech companies, according to an estimate put together for ET by ManpowerGroup.

      “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.

      "In accordance with the earlier guidelines, all universities have been advised to plan their academic activities keeping in view safety and interest of all stakeholders, giving highest priority to the health of all concerned while adopting and implementing the new guidelines," UGC Secretary Rajnish Jain said.

      Some of the top employers are Amazon, Google, Tech Mahindra, Walmart Labs, VMWare, IBM, Capgemini, Deloitte, JPMorgan Chase, Flipkart, Byju’s, Grofers and BigBasket, as per data collated for ET by search firm Xpheno.

      The year 2020 started on a cheerful note for India Inc with overall talent demand registering 12% m-o-m growth in January. However, as the coronavirus pandemic spread quickly from China to India, most industries started operating remotely and the talent demand in February 2020 noted a dip

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