A multinational corporation, Wipro has a stringent contract hiring process. The company will be working on a higher frequency of performance checks.
This move comes in the wake of the alleged ‘bribe-for-jobs’ scandal at TCS. The company has sacked six employees after finding them guilty of accepting favours from certain staffing firms in the appointment of contractual workers.
According to reports of the Mint, Wipro’s chief HR officer Saurabh Govil said, “We’re continuously looking at vendors. Though the (contract hiring) process was stringent, we are making it more periodic, and bringing in a higher frequency of performance checks. More periodic rigor of managing vendors.”
“Group executives who play a key role in getting contract staffing members on board, are shifted across teams, and sometimes even locations”, he added.
“The company has three rows of checks and balances when it comes to contract staffing: at the functional level, then at the ERM (Enterprise Risk Management) level, and finally, through internal audits”, the company added.
“Our employee risk management continuously looks at processes in highly vulnerable areas like hiring, facilities management, procurement…the processes are mapped to detect leaks and gaps,” he said.
Wipro is currently reviewing its campus hiring plans for the batch 2024. The company is also considering the large bench strength, reduced client orders, and the uncertain duration of the recessionary phase.
Recently, Wipro has also announced a delay in its wage hike cycle for the fiscal year. The company has announced that it has postponed the salary hike of its employees to the 3rd quarter, the salary hike given in September last year will be postponed to the October-December quarter this year. The company plans to carry out the pay raise in the third quarter of the year instead of Q2.
The Voluntary attrition has continued to moderate QoQ, coming in at an 8-quarter low in Q1’24. Sharing the Q1 results the firm said that its attrition volume stood at 17.3 percent from 19.4 percent in the previous quarter. As per the report, The Voluntary attrition is in IT Services computed on a quarterly annualized basis and excludes DOP.
The employee count has gone down by 8,812 individuals in the June quarter. The total employee count at Wipro experienced a decline, reaching 249,758 by the end of the first quarter, in comparison to 258,570 at the end of the previous fiscal year, FY23.