Wipro expects to hire about 30,000 freshers in FY23

New Delhi, January 12

Wipro on Wednesday said it expects to hire about 30,000 freshers in FY23, as the IT services major strives to ensure that supply is not a constraint in managing the robust demand environment.

Amid the fast-spreading Omicron variant of the COVID virus, the company remains “very vigilant”, CEO and Managing Director Thierry Delaporte said, adding that as a proactive measure, the company has decided to close its offices globally for the next four weeks.

“It is of some relief to us that about 90 per cent of our employees globally are now vaccinated with one dose of the vaccine, and over 65 per cent are fully vaccinated with the recommended two doses.

“Our plans to return to the office, even in a hybrid model, for our fully vaccinated employees, will be calibrated in the context of the evolving situation, keeping both our employees’ safety and client preferences in mind,” Delaporte said during Wipro’s Q3 earnings calls.

The company informed that it is on course to onboard over 70 per cent more fresh talent from the campus in FY22 against the previous year.

“Attrition is a reality across almost all industries. It has been no different for us. I had shared with you last quarter that we expect attrition to slow down only after a few more quarters. However, we now feel more confident of having stabilised our attrition rates in Q3, and expect it to moderate next quarter,” Delaporte said.

Wipro is looking to hire 30,000 freshers in FY23, Saurabh Govil, President and CHRO of Wipro said, adding that the fresher hiring numbers were pegged at about 17,500 for FY22.

The company is working continuously to make sure that supply is not a constraint in managing the demand environment, he observed.

“…we are doing whatever it takes. We have had a second round of salary increases for 80 per cent of our employee base in this current quarter. We have done three rounds of promotions for 80 per cent of our employees in the last 12 months.

“So every four months, we have actually given them promotions…we could do it because we are growing fast…there are a plethora of things which we are working towards and the outcome of that you are seeing is that we feel more confident of much more moderated attrition in the coming quarter,” Govil said.