Wipro Global Chief Human Resources Officer Saurabh Govil has spoken about the hiring plans and freshers controversy.
In an interview with Moneycontrol, regarding the delay in onboarding process, Wipro CHRO didn’t specify any date but said that the company will be doing it in a phased manner.
He added, “It’s unfortunate that we are being targeted because it’s happening all across and we are being most honest and fair.”
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Additionally, earlier, Wipro had reduced the fresher employees’ salary by 50 percent from Rs 6.5 lakh to Rs 3.5 lakh per annum.
Wipro provided training to freshers employees. This allows the Elite fresher candidate to upgrade to the ‘Turbo’ category. This also upgrades the salary package of employees.
The company said to these candidates, “If you choose to accept this offer, all previous offers will stand void. We encourage you to grab this opportunity as it is time-bound.”
Explaining it CHRO Saurabh Govil told in an interview with Moneycontrol, “We hired people from campuses at Rs 3.5 lakh, with everyone hired at the same salary. Then, as a company, we said that we will invest in these people. At our cost, we trained them into becoming full-stack engineers. We had said that they will be onboarded at a higher salary of Rs 6.5 lakh after they completed the training and cleared the assessment.”
“We onboarded the first batch of Velocity candidates, and then we realized that we didn’t have a requirement at that point in time for such resources. However, we were onboarding people at the lower band. So we gave them a choice, in all transparency. Their old option was still valid, and they could wait to be onboarded. Or, there was another option: they could join at the lower band”, he added.
The company has also not gone to campuses this year. As Wipro has enough employees. The company wants to onboard to the existing offers rather than hiring more employees.
Wipro saw a reduction in employee count from January to March 2023. The firm’s total headcount at the end of the March quarter slipped to 256,921 from 258,744 in the last quarter. Wipro has reduced its headcount by 1,823. In its fourth quarter voluntary attrition rate decreased to 14.1 percent.
