Wipro ranked #362 On Forbes ‘World’s Best Employers List’ of 2018. This prestigious rank on the Forbes’s list along with a flourishing third quarter has given Wipro the encouragement to hire a wave of young IT aspirants and increase the pay scale for the newly joined and existing employees. Being one of the best in the industry, Wipro holds a reputation and stands tall to fulfill young IT professional demands. Wipro has massive plans for their upcoming placement season. The 3.5 lac/ annum bracket for newly hired employees is soon going to change to 6 lac/annum as per Business Insider India. In their last placement cycle, Wipro hired 10k new candidates and now they aim to increase the number to 20k.
Wipro faced high attritions in the past which drastically affected its performance. As a result an obvious shortage of IT professionals was felt. To fill this gap and increase overall efficiency, Wipro decided to hire new IT professionals with increased starting salaries. Wipro will be looking out for candidates especially for big data and analytics. Wipro is the fourth largest IT major in India and that puts tremendous amount of responsibility on its shoulder to be on the digital forefront. Wipro will train the newly hired lot with advanced digital skills to meet its operational shortfalls.
To meet the increasing global demands and beat the completion, Wipro needs to work on its attrition rate and staff turnover which was pretty evident in the last fiscal. One major step towards this goal was giving away one time bonuses to its direct campus hired employees with less than five years of experience.