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Indian IT players to hire 360,000 freshers for FY22: Unearthinsight study

In order to retain talent, companies announced several measures like salary hikes, stock options, promotions, long-term incentives, higher skill increments, and upskilling/reskilling training

In the April-June quarter of FY20, Wipro paid a retention bonus of ~1,00,000 to the freshers, who were hired via campus placement and completed one year
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BS Reporter Mumbai
With attrition continuing to rise Indian IT players have been rushing to the campuses to hire more freshers. According to a study by Unearthinsight the IT services industry will hire around 360,000 freshers for FY22.

The report, IT Industry Q3 Insights & FY22 Forecast expects about 350,000-360,000 freshers to be added in FY22 by over 30 IT Services firms accounting for 14-18 per cent of the freshers in total headcount, therefore, aiding margin control, attrition control and growth both globally and in India. 

In order to retain talent, companies announced several measures like salary hikes, stock options, promotions, long-term incentives,

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First Published: Feb 17 2022 | 5:16 PM IST

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