Archive for September 16th, 2008
Binary Semantics Ltd ( http://binarysemantics.com )
Binary Semantics, a client centric global software development company providing software development,. We have global operations across USA, Canada, Europe and India.
Recruitment for Trainee Software Developer
Job Description:
1. Excellent Communication Skills.
2. Good Technical Skills
Location:Gurgaon
Experience:0 Years
We are conducting Walk-in Interviews for the above position of trainee software developer.
23rd september - 24th september (Tuesday & Wednesday) from 10AM to 3PM.
Contact Details
Name:Ruchika
Phone:0124-2397660
email:careers@qpluslearning.com
Venue:Binary Semantics Ltd, Plot 38, Electronic City, Sec-18
September 16th, 2008
AHMEDABAD: As the heat of global slowdown spreads, several players in the IT and ITeS sector have modified recruitment policies, keeping them in sync with the changing market conditions and their pockets.
The likes of TCS, Wipro and Keane are either going slow on recruitment or are hiring more number of trained hands.
“During 2008, recruitments in IT/ITeS sector has seen a fall of 20-22 per cent as compared to the same period last year. The players have become more cautious,” says Bangalore-based HR firm Ikya Human Capital Solutions chairman Marcel Parker.
“There is a delay in decision making. While most IT firms have deferred their hiring, some have postponed their training programmes. A few have opted for judicious just-in-time recruitment process,” Parker said.
TCS, which recruits about 18,000 employees every year has decided to make significant cuts in recruitment patterns to tide over the crisis. “This year we are not going for any mass recruitment. We have cut down on at least 20 per cent of the total recruitment,” said a senior HR official of TCS in Gujarat. “Our focus has largely been to hire more experienced candidates than go in for fresh recruits,” the official added.
Similarly, international IT firm, Keane is not just going slow on recruitments, but have also adopted a ‘just-in-time-approach’ on hiring. “Since the last three years, we used to hire 30-40 per cent more people than the previous year. But this year we are sticking to almost the same number of people we recruited last year,” said Keane India senior VP S G Raja Sekharan.
“Since January we have already made job offers to 3,000 students, which is in the range of what we had did last year. We do not want to make job offers and scale back (if market conditions deteriorate),” he said.
“The confidence level in the markets is low compared to the levels that existed three years back. It is very difficult to forecast where the markets are headed in the recent future,” Sekharan said.
IT-giant Wipro has introduced stringent ‘quality measures’ into their hiring pattern. “We have made our process even more stringent and brought in measures to ensure quality of hire. Innovative measures have been introduced including setting up a Talent Quality Group within Talent Acquisition,” said Wipro talent acquisition VP Pradeep Bahirwani.
In order to hire quality manpower, Wiro has also started campus hiring in US and UK. “We have pioneered programmes like Wipro Academy of Software Excellence (WASE) which helps graduates learn while they work on projects with us. We have an active campus programme in India and have also started campus hiring in US and UK,” he said.
Source:TOI
September 16th, 2008
HYDERABAD: IT bellwether Infosys announced commencement of work on its second campus at Pocharam here; spread over 447 acres with a total investment of Rs 1,250 crores.
The ground breaking ceremony of the Infosys SEZ campus was held at Pocharam village in the neighbouring Ranga Reddy district.
After the ceremony, Chairman of the Board and Chief Mentor of Infosys Technologies Limited N R Narayana Murthy told reporters that the Andhra Pradesh government has worked towards enhancement of infrastructure facilities in Hyderabad to make it a premier IT destination.
“We are encouraged by this development and the support provided to Infosys,” he said.
The Infosys campus at Pocharam is expected to seat over 25,000 employees and will be completed over a period of 10 years and will be developed in three phases.
Work is commencing on the first phase, scheduled to be completed in over three-year period, with a seating capacity of 10,000 employees with an initial investment of Rs 600 crore, he said.
As part of its drive to become carbon neutral, Infosys is designing this campus on best-in-class sustainability principles to achieve energy efficiency, water sustainability, preservation and promotion of biodiversity and effective waste management, Murthy said.
An investment of Rs 522 crore has been made in the existing campus of Infosys at Gachibowli till June 30 this year which has been operational since 2001, he said.
Hyderabad campus exported IT products worth Rs 2,279 crore and contributed 8.7 per cent to the total state exports in the financial year 2007-2008, Murthy said.
Source: Indiatimes
September 16th, 2008
NEW DELHI: Salaries in India are expected to increase by 16% in 2009, one of the highest in the Asia-pacific region, driven by strong economic growth and pressure on employers due to soaring inflation, a latest report says.
As per a report by the Hong Kong-based compensation firm HR Business Solutions (HRBS), pay increases in the Asia-Pacific region are likely to grow even as the economies are expected to be impacted by the global slowdown.
“The forecast pay increase in India averaging 16% is one of the highest among all the countries,” the report stated.
The HRBS 2009 pay increase forecast is based primarily on four economic factors - GDP growth, inflation, unemployment, manpower demand and past pay increase trends.
Elaborating further it said that the Indian economy is reported to be cooling, but still it is expected to achieve a growth rate of 7-8% in 2008, which is among the strongest in the region after China.
www.economictimes.com
September 16th, 2008