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August 01, 2005
News: Candidates� market
Chronicle Editor @ Aug 01, 2005
An article in Express Computer dated 25 July, 2005 titled “Candidates’ market”

http://www.expresscomputeronline.com/20050725/technologylife01.shtml

The author discusses the recent trend of circuit (CSE, ECE, EEE) engineers for IT, ITes and other services for employment. Excerpts from the article:

IT services vs. IT product firms Even if a few leading IT services companies are paying close attention to the IT product company salary structure, they [the former] have to still manage the attrition rate. Since services companies are considered a launching pad, attrition has become inevitable. In order to overcome such challenges, IT services companies are churning out different strategies to recruit freshers. They have started eyeing beyond the top 50 colleges to recruit people in large numbers while they look at the top 20 colleges only for candidates with specialized skills. A few placement heads from the top colleges observe that there has been a decline in the number of applicants joining IT services firms.

On the other hand, it may not be true that IT product companies are on the gaining side alone. They too have tremendous challenges at the campus recruitment level. The latest MNC entries in India and a few start-ups here also reach out to top colleges. “The bigger IT product companies poach people who have exceptional coding ability. Small players have challenges in terms of the brand, work, job security and access to the talent as it is a huge cost,” says Piyush Dixit, Director, Engineering, Net-Devices India. It is becoming increasingly tough for these small firms to explain their operations and the technologies they are working on.

 
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Infosys


1.8 (UG)
2.2 (UG)
TCS
2.09 (UG) 2.15 (UG) 2.02 (UG) 2.24 (UG)
Wipro
1.8 (UG) 2.4 (UG) 1.6 (UG) 2.4 (UG)
Hughes
2.75 (UG) 3.25 (UG) 3.0 (UG) 2.75 (UG)
Samsung
4.4 (PG)
4.6 (PG)


S T Micro
4.3 (PG)
5.0 (PG)
4.65 (PG)
5.0 (PG)
Oracle
4.5 (UG) 5.5 (UG) 4.5 (UG) 5.5 (UG)
Trilogy
6.5 (UG) 7.75 (UG) 6.5 (UG) 7.75 (UG)
Values are in Rs (lakhs)
Source : Campus Connect