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Campus
recruitment up 32 percent in April-June quarter
Monday July 25, 2011 10:26:33 PM,
IANS
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New Delhi:
The recruitment of freshers from campuses rose 32 percent
year-on-year in the April-June first quarter of current fiscal,
led by increased hiring by IT and banking firms, a survey jas
revealed.
India Inc is doing the maximum entry-level recruitment through
campus to minimise hiring costs, the survey conduced by
recruitment consultancy firm MyHiringClub.com, said.
"The recruitment of freshers has gained momentum in every sector.
IT and IT enabled services, banking and financial services and
infrastructure firms did the maximum campus recruitment in the
first quarter," Rajesh Kumar, CEO of MyHiringClub.com, said in a
statement.
The salary package offered to freshers remained almost the same in
the first quarter of this fiscal as it was during the
corresponding period of last year.
The survey was conducted between May 2011 to mid July 2011 in nine
industry segments covering 497 employers and 632 educational and
professional institutions across the country.
"Campus recruitment is a cost effective model for employers
because they don't have to pay any charges to recruitment
consultants and they are getting a number of candidates at one
place," Kumar said.
The IT and IT enabled services sector hired 16 percent more people
in the first quarter of current fiscal. Recruitment by banking and
financial services and infrastructure sector rose 15 percent in
the quarter.
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