HCL Tech to double fresher hiring

HCL Technologies, one of the fastest growing IT companies in India, plans to nearly double its campus recruits to 15,000 in the financial year 2020-21, from 8,600 this fiscal. This will include hiring of 500 students from premier B-schools.

“Beginning this fiscal, we have also increased the compensation by 15-20% for all those we take in at the management and technical cadre,” said chief human resources officer Apparao V V. The bulk of the hires will get annual salaries of Rs 3.6-3.8 lakh.

For management graduates from IIM-Ahmedabad, Bangalore and Calcutta, ISB, XLRI and SP Jain, HCL pays between Rs 20 lakh and Rs 23 lakh. For those from IIM-Indore, Kozhikode and Lucknow, it pays between Rs 15 lakh and Rs 18 lakh. MBA graduates from other campuses get Rs 4.5 lakh to Rs 7 lakh.