NASSCOM: TCS is the largest recruiter

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

Nasscom announced the annual rankings of top 20 IT-BPO employers in India for 2010-11. The rankings reveal a surge in hiring, with almost one third of the industry aiming to grow by 25 per cent, and a little over two-third of the industry planning to increase their employee base by 10 per cent in the coming year. The total percentage of women hiring reached more than 40 per cent in the last three years.

Tata Consultancy Services has emerged as the largest recruiter over the last year, followed by Infosys and Wipro Technologies.

However, the cost of hiring has declined over the last three years for almost half of the industry, as a result of increased referrals, campus placements and internal job postings. Hiring from tier-III cities has also increased over the last year. The latest survey findings reveal that 90 per cent reported an increase in employee referrals; 75 per cent reported increase in campus hiring and internal job postings. Offer acceptance ratio is estimated at 80 per cent.


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