HCL Technologies to hire 20,000 skilled freshers globally

D2C Admin

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HCL Technologies to hire 20,000 skilled freshers globally

0 min read

The IT company HCL Technologies, which hired 14,500 freshers in 2020, is now looking forward to hiring 20,000 freshers globally this year with an aim of onboarding people with new skills. On HCL's decision to hire 20,000 freshers, the Chief Human Resource Officer, Apparao V.V. stated that the company wants to go for 70% freshers and 30% lateral hires.

Upskilling people in HCL

The entire technology landscape of HCL has changed and for this, they are taking a two-pronged approach in training and upskilling people in their organization. The main reason behind hiring more freshers than lateral hires is a surge in the demand for digital skills amidst the global pandemic. The company constantly identifies demanding skills to encourage employees to train themselves. The skills related to cybersecurity, digitization, and cloud are winning and executing new-age skills for the company.

As the IT services follow the attrition rate of 10.3%, it saw a net addition of 6,597 people. HCL President and CEO Vijay Kumar said, "There was net hiring of over 6,500 people in Q3 (third quarter). There is a big demand pipeline and so, HCL is continuing to hire both freshers and lateral talent to fulfill the demand."

Offshoring HCL business

With the global hiring, the HCL is also planning to take its offerings into new markets such as Germany, France, Canada, Australia, and Japan while growing its footprint in geographies like Mexico, Brazil, and Spain. Because offshoring in these countries will enable HCL to explore the right opportunities.

Last year, HCL Technologies set up facilities in countries like Sri Lanka and Vietnam with a plan to give more employment opportunities to the people over there for the coming years. CEO, Vijay Kumar believes there is a good opportunity to expand the business offshore. When asked about the company’s acquisition strategy, he said, “Right now there is so much demand that HCL is looking at how to grow organically, that is a higher priority at this time.”

In the end, HCL Technologies has a lot of optimism for the next two quarters to meet the demand coming in on the back of strong growth in deal signing and adoption of digital services by conducting special programs for employees. All of this is to enable hiring and grooming talent to address near-term demand led by increased offshoring.

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