- First foreign company for DU's placement cell
Uniqlo, Japans leading and world fourth largest apparel company will visit the campus for the career seminar on Tuesday. It is for the first time that Delhi University is going to host a foreign company. The eligibility criteria for the students to attend the seminar is that they should have graduated not before 2004 and the students
who will graduate before 2012. It is mandatory to attend the seminar to apply for the interview. The placement cell has already received More than 20,000 online registrations from across more than 100 colleges, institutes and departments.
- Over 5 lakh new jobs in 2012
The new year may bring in loads of cheers for job-seekers, as the experts expect the companies to hire more than five lakh new employees during 2012 despite the
uncertainties prevailing about the overall economic scenario.
Adding to the cheers of the job market, the employees could expect double-digit salary hikes during 2012.
If all goes well, and depending on policies of the government and market situation, more than 5 lakh jobs will be created across all segments.
- Indian Job Market Set To Boom In 2012
In stark contrast to the fears of economic slowdown hurting the country, industry experts believe that the new year would bring in loads of cheers for job-seekers. The companies here are expected to hire over 0.5 million new employees during 2012 across all segments.
"If all goes well, and depending on policies of the government and market situation, more than 0.5 million jobs will be created across all segments," Sunil Goel, director, executive search firm GlobalHunt told PTI.
- Indian Job Market Set To Boom In 2012
HCL Technologies, iGate Patni and the mid-tier IT firm MindTree expect significant
decline in attrition rates. HCL informs they will maintain the ratio of 50:50 for
recruitment of freshers and laterals. iGate Patni indicates that their campus hiring
could come down significantly as they aim at hiring between 10,000 and 12,000 freshers
in 2012, which it is says is much lower in proportion to the revenue growth it expects.
While MindTree, which recruited around 3,000 freshers through campus placements
this year, expects the numbers to remain the same or slightly increase in the coming
year.
- Indian Job Market Set To Boom In 2012
Wipro too has announced that they are set to hire 15,000 individuals within the
first quarter.
There is a general sentiment of caution in the industry. Ajith Issac, MD and CEO
of Bangalore-based placement and search firm Ikya Human Capital Solution told TOI,
that macro-economic uncertainties from Europe and the US could have an impact on
next year's pay level hikes, but not on hiring. While hiring, especially at the
entry level might not be directly affected, companies are going to reduce the bench
size and award more jobs on contact basis to save costs. "This could also lead to
more temp staffing; in fact, temp staffing is likely to double up in the coming
year."
- Indian Job Market Set To Boom In 2012
Infosys Technologies Executive Co-Chairman Mr S Gopalakrishnan, recently said, "Despite the global turmoil, the IT sector has shown resilience and there have been no lay-offs. There would, however, be consolidation in IT sector and those who have the niche capability will survive". He also said while 35,000 professionals had been already hired so far this fiscal, and another 10,000 would be hired by the end of March, 2012.
- Indian Job Market Set To Boom In 2012
Oracle India is also planning to recruit 3,500 people for permanent jobs by May next year. "They will be absorbed across verticals, such as technical, sales, engineered services, support and marketing. Fresh talents and lateral mid-level recruits will be attracted extensively through the social media, including Facebook, LinkedIn,
Twitter and YouTube, besides their own HR blog," says Mr Sandeep Mathur, managing director, Oracle India.