Human resource experts say the volatile environment might change its hiring pattern, with the process spread through the year, instead of happening during December - February as at present.
“Till last year, IT services firms used to firm up their hiring plans for the entire year in January.
“This year, we have noticed companies are not going big on expansion and not doing advanced project planing. Only quarter on quarter-based hiring indications are being given,” said Surabhi Mathur-Gandhi, senior vice-president at TeamLease Services.
She said students would get affected as not only have the hiring numbers decreased, but only the best would get selected.
“A majority of companies are giving only short-term hiring projections.
“Even those who have given some mid-term indicative numbers have clearly said these are ‘projections’ for each quarter.
“For roles in business units like infrastructure, students may not be willing as they do not find this challenging,” she added.
Institutes have also started feeling the heat of this trend.
The placement head of a Tamil Naidu-based engineering institute explained that this year some delay in joining dates have been observed, similar to last year.
“More, the numbers are 15-20 per cent less for IT, compared to 2012, as some companies have expressed their decision to go slow on campus hires,” the official said, on condition of anonymity.
Analysts also say companies would prefer to hire based on the growth of the business unit.
“At present, the infrastructure services unit and the Business Process Outsourcing segment are seeing a rise in demand.
So, hiring will be more in those segments,” said another analyst of a leading brokerage and research firm.
According to Nasscom, of the 2.6 million specialists hired by the industry, close to 30
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