HCL Technologies has plans to hire as many as 3,000 people in the July-September quarter. According to market report, the company has already hired 3,000 people in the previous quarter. The Indian IT industry is gearing up to meet the renewed demand for IT services. Most of the IT companies are ramping up their headcount after the global economic slowdown. The companies are also building their bench strengths with the aim of handling the bigger and a variety of projects that they expect in the near future.
Vineet Nayar, Chief Executive, HCL Technologies, said, "We will hire 3,000 freshers in this quarter. HCL expects the September quarter margins to drop 300 basis points. Of this, about 250 bps would be on account of wage hikes and the remaining 50 bps on new hires."
The company has given a 12-14 per cent wage hike for its India staff, while onsite salaries have been increased by 2-3 per cent. The wage hikes are effective from 1 July 2011.
