Thursday, September 11, 2025
spot_img

HCL Technologies to onboard 30,000 freshers in FY23

spot_img
- Advertisement -

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.

spot_img

Editorial

Why TCS Deferred FY25 Salary Hike: Better Hike Ahead?

TCS had initially announced its annual salary hike during...

Deloitte, PWC, EY, KPMG to Hire 1 Lakh People in India in FY25

According to estimates from top company officials and industry...

Higher EPS Pension Application Stuck: A Step-by-Step Guide to Fix

Nearly 97,640 Provident Fund (PF) members and pensioners under...

Employee Benefits at India’s Big 4 Firms Deloitte, PwC , EY, KPMG

The Big 4 firms; Deloitte, PwC (PricewaterhouseCoopers), EY (Ernst...

TCS Announces 4-8% Salary Hike for FY25, Lowest in Last 4 Years

Tata Consultancy Services (TCS), India's largest IT services provider,...

Must Read

STEER World appoints Malay Vyas as President & Business Head

STEER World, a global leader in engineering innovation, specialising...

Paytm hiring staff from smaller towns, and allows WFH

Paytm hiring staff from smaller towns, and allows Work...

Deloitte in India Hiring for 16,000+ Jobs, Explore Opportunities

A multinational professional services network company, Deloitte is on a hiring...

Capgemini and SAP’s Collaboration; Marginalized Youth Revolution

In a powerful collaboration that transcends corporate boundaries, Capgemini...

TCS Pays 100% Variable Bonus to 70% of Staff

Tata Consultancy Services (TCS), India’s largest IT services firm,...

upGrad extends WFH till Dec 31, reverses salary cuts

upGrad extends Work From Home till 31 Dec 2020,...

EPFO Launches Software for online updating of member profiles

The Employees’ Provident Fund Organisation (EPFO) has implemented software...

Cushman & Wakefield appoints Deepti Kapoor as Executive Director- HR

A leading global real estate services firm, Cushman &...

Related Articles

SightsIn Plus
SightsIn Plushttps://sightsinplus.com/
SightsIn Plus is an India’s leading high-quality people-focused monthly HR Magazine and provides up-to-date HR News, Leadership Announcements, Best HR Practices and Insights by Global CHROs, CEOs, HR Advisors, Business Managers and HR Heads on topics of interest to HR professionals. To subscribe SightsIn Plus, HR Magazine please visit- https://sightsinplus.com/subscribe/