HCLTech, Tech Mahindra have more scope for entry level hirings

The country’s second largest IT services firm, Infosys has around 60% of employees in the age bracket of under 30, which is the highest, followed by Tata Consultancy Services and Wipro, where the same is at 53%. According to a recent report by Morgan Stanley, HCLTech has the lowest percentage (41%) of employees in this bracket, followed by Tech Mahindra (48%).

This suggests that HCLTech, and Tech Mahindra have greater scope to hire at junior levels. Of late, large IT service companies have been seeing their margins falling. It is common for IT companies to use the tool of pyramid optimisation — hire more at junior levels — to keep the wage bill in control, which will help in margin expansion.