Firms to create backlog first
March 4: IT companies may be back to hiring, but they are more busy clearing their backlog of recruitments rather than looking at freshers from the various institutes, say human resource experts. Jayaraj Menon, director, Kranium HR Services Pvt. Ltd, says most companies are clearing their backlog from the past couple of years when campus recruitments were made people were not absorbed.
Jayaraj Menon on the recruitment slowdown in IT companies
US economic slowdown hits IT companies, and recruitment has come to a virtual grinding halt. Listen to Jayaraj Menon, Director, Kranium HR Services Pvt. Ltd as he speaks on the topic.
Companies consolidate internally to beat economic slowdown
In response to a US slowdown, Indian companies have reduced salary hikes to a mere 8% -9% p.a. New recruitments have virtually come to a standstill and companies are trying to consolidate from within. Listen to Jayaraj Menon, Director, Kranium HR Services Pvt. Ltd as he shares his opinion on the issue.
NASSCOM scales down IT growth forecasts
BPO’s are hit by financial meltdown and NASSCOM has scaled down growth forecasts. This has severely affected recruitment. Listen to Jayaraj Menon, Director, Kranium HR Services Pvt. Ltd as he shares his observation on the topic.
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