Under Star programme, Wipro hires around 100 engineers from select IITs and NITs every year. This year, it plans to increase this number. Talking to FE, Saurabh Govil, senior vice-president HR, Wipro, said, This is about building for future leadership.
The engineers hired from these institutes enter Wipro under a different salary structure following training. This enables them to chart a separate career path in the organisation.
Amitabh Das, CEO, Vati, a recruitment process outsourcing (RPO) firm, told FE, The landscape of technology has changed. It is no longer the value of just IT services alone, but it is in the area of high- end technology innovation and organisations have to gear up for that kind of workforce.
Indian IT has traditionally operated under the classical pyramid model, where the bulk of employees have 0-3 years of experience. The chunk of hiring is done at colleges across the country. These companies do not target IITs and NITs since their requirements can easily be met by colleges notches below that level. Also, graduates from premier colleges prefer to work with product companies like Google, Yahoo, Texas Instruments or now Facebook.
Govil said, It is becoming important to get multiple skills in an organisation because technology is changing so fast. He feels organisations that can quickly train and help people learn new skills will be at an advantage. This initiative of creating a highly skilled workforce will run parallel to recruitment at other engineering colleges, he added.
Industry observers say the profiles of Indian IT services companies are unattractive for students of premier institutes, who are inclined to work with product or semiconductor companies and earn high salaries. But the business environment for Indian IT is fast changing, with the realisation that future revenues will come through building of products, solutions and platforms in areas such as social, mobility, analytics, cloud (SMAC), digital and big data. In fact, IT majors like TCS, Infosys and Wipro have increased their focus by creating separate units for digital, products and advanced technologies.
While Infosys has created a separate subsidiary, Edgeverve, for products and platforms, TCS expects multi-billion dollar opportunities in the area of digital technology. This also requires hiring the right kind of technical resources for which IITs and NITs come in handy.