HCL Technologies to onboard 30,000 freshers in FY23

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HCL Technologies to onboard 30,000 freshers in FY23
In 2020 we onboarded globally 14,600 freshers, and in 2021 we are targeting anywhere between 20,000 to 22,000 freshers, he said.

Noida headquartered IT Major HCL Technologies is planning to onboard 30,000 freshers in the financial year 2022-23 as company steps up its campus hiring as the demand and supply gap widens, said VV Apparao, CHRO, HCL Technologies.

In 2020 we onboarded globally 14,600 freshers, and in 2021 we are targeting anywhere between 20,000 to 22,000 freshers, he said.

The company is adding roughly 40-50 percent more every year and I think we should be in the ballpark of 30,000 for FY23, VV Apparao said.

The company boarded 7,500 employees in Q1 along with upskilling the employees in the talent pool. In Q2, the company is targeting to onboard 6,000 employees.

He added, “We plan to give increments to employees starting July 1. The last time we gave was on October 1, 2020. We are getting back to the regular cycle. We see pressure in salary costs.”

70% of HCL employees are vaccinated now and are expected to be fully vaccinated by the end of this quarter. Hence, the company has started the plans to open offices.

At the end of the June 2021 quarter, the Noida-headquartered company had 1,76,499 employees with a net addition of 7,522 people. Its attrition for IT services (on last 12-month basis) was at 11.8%, the company said.

The IT firm will also roll out salary increments effective 1 July to retain talents as attrition rises.

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