11.1 C
London
Thursday, February 2, 2023

60,000 Women Will Be Hired By Indian IT Firms, 70% Salary Hike For Women IT Professionals!

This is something worth putting up! If you are looking for a job offer or want to restart your career, or both, you will have a big, big smile by the end of this article!

Tata Consultancy Services (TCS), Wipro, HCL Technologies, and Infosys will hire around 60,000 women through campus placements this year.

Women are given opportunities for entry-level roles in these companies in India to promote gender diversity in the workforce.

According to a report in the Times of India, women who want to join after a break are offered a 70% jump over their last drawn salary. Currently, the IT sector accounts for 65 per cent of all job openings.

The industry is looking for ways to increase the participation of women in the workforce through campus hiring, hybrid work models, and skilling initiatives, as demand for digital talent soars.

According to Economic Times, the IT industry in India has a gender ratio of 33 percent.

Sagneeta Gupta, Vice President, Nasscom

TCS 

TCS is expected to hire between 38 and 45% women through campus placements, as it has for the past three years.

The company now employs 1.85 lakh women and aims to hire 15,000-18,000 more for entry-level positions. In the fiscal year 2021-22, TCS would hire approximately 40,000 freshers from Indian campuses.

HCL 

HCL intends to hire 22,000 people, 60 per cent of whom will be women. In the following years, the organisation hopes to achieve a 50:50 gender diversity balance.

Infosys 

Infosys plans to have 45% female employees in its total workforce by 2030. Infosys said that they plan to hire 35,000 college graduates for the financial year 2022.

As a concern, voluntary attrition is present, but it is also due to high demand and supply shortage. We expect this situation to continue until supply catches up,” Rao said, adding that 10,000 freshers have already been hired and the rest will follow within 2-3 quarters.

Wipro

As of Wipro’s first-quarter update, the company’s IT services workforce surpassed 200,000, with a total of 209,890 employees.

In this year’s campus placement program, Wipro plans to hire 30,000 candidates, of which 50 percent will be women.

“The diversity of campus hires has been increasing steadily every year,”

The Chief Human Resources officer at Wipro told the Economic Times.

Women Lost Jobs Much More Than Men During The Pandemic!

Their initiatives have already led to significant results, and they have already demonstrated a commitment to gender diversity in the workplace.

Not only will these steps promote more creativity, but they will also lead to improved profitability and higher-performing teams.

Avtar founder Saundarya Rajesh told ToI: “Women candidates are in great demand. In terms of sheer numbers, the demand in just Q1 (April-June) is almost as much as what we witnessed throughout FY21.”

Second career women are in high demand here too, for their salaries are often more affordable since the pay packet being matched only corresponds to their last draw, which was several months or years ago,” Rajesh said.

WFH Had Increased Opportunities For Women

The work-from-home (WFH) trend also increased opportunities for women in India, especially those looking to reenter the workforce. “This trend has been a boon for married women in India,” said Chakraborty.

During the pandemic, women lost jobs much more than men did. But those who were retained, the ones who stayed, are performing quite well,” said Rajesh.

Latest news
Related news