GCCs to hand out more jobs to freshers

Prachi Verma

< />New Delhi: Global capability centres (GCCs) will maintain fresher <a id=” captionrendered=”1″ data-src=”https://etimg.etb2bimg.com/photo/131365042.cms” height=”442″ href=”http://hr.economictimes.indiatimes.com/tag/hiring” keywordseo=”hiring” loading=”eager” source=”Orion” src=”https://hr.economictimes.indiatimes.com/https://hr.economictimes.indiatimes.com/images/default.jpg” type=”General” weightage=”20″ width=”590″></img>hiring momentum, boosting their intake by 12% this fiscal year. This contrasts with an overall subdued market for fresher hiring in India’s IT services sector, according to a TeamLease study shared with ET.</p>
<p>Notably, overall IT services sector fresher pay is expected to stay unchanged in FY27, while those of entry-level staff for conventional skills will rise, reflecting a widening of compensation gap.</p>
<p>Annual entry-level salaries at GCCs are projected to surge about 50% to ₹7.5 lakh this fiscal. Fresher pay for IT services firms will stagnate at ₹4.5 lakh. Executives at leading GCCs, including Goldman Sachs and JPMorganChase, confirmed they are actively continuing campus recruitment drives.</p>
<p>“Campus hiring remains a consistent and key talent pipeline for us, reflecting strong momentum in our global businesses and the presence of world-class talent in India,” said Gunjan Samtani, co-chairman, Goldman Sachs India and country head at Goldman Sachs Services India. “Over the past three years, we have hired about 600 freshers annually from more than 100 schools across business and engineering functions.”</p>
<p><img a=jobs while growing revenue.” Every year, about 1.5 million students tend to graduate from computer science and IT streams alone.

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