IT services firms look to change staff mix by hiring more freshers

The growing share of mid-level employees is said to be one of the major reasons why these companies are facing margin pressure

Information technology (IT) services providers in the country are likely to increase fresher hirings substantially to balance out the percentage of senior employees in their workforce. This is crucial at a time when companies are exploring all avenues to cut costs and address client benefits to scale up demand.   

The employee pyramid at some of the large Indian IT companies has significantly inverted. 

At Infosys, the average ratio of employees below 30 used to be close to 82 per cent a decade ago. It has now come down to 57.7 per cent. Tata Consultancy Services (TCS) is no different. 

The share of