Recently, Hexaware Technologies, an IT service provider company has announced to hire 10,000 more to its 25,000-strong headcount this year in 2022.
The company had hired 10,000 people both from campuses and laterals in 2021, taking its headcount to 25,000 from 15,000 in 2020.
The company is set to hire a similar number of freshers and lateral this year, taking its overall staff strength to 35,000 in 2022, its Chief Executive R Srikrishna said in a statement.
He further added, “The demand environment is high and healthy but good talent is always in short supply. While a good number of them are going into the start-ups that are paying high paychecks, many with experience are also getting into the product side of technology.”
“Our hiring from the campuses will go up further, as we are expecting accelerated growth this year. Campus and lateral hiring will be 10,000 this year as well,” Srikrishna further said.
CEO Srikrishna added that the large hiring is needed for one to offset the high attrition, which rose to 21.2 per cent probably the highest in the industry in 2021 from 13-14 per cent in the previous year; secondly, to execute the massive USD 1.9-billion of order pipeline that the company has.
Describing 2021 as an outstanding year, Srikrishna said their topline grew over 20 per cent driven by 385 new client additions, which was the highest-ever, led by healthcare, digital and consumer-facing companies.
“The US remains our largest market both in terms of billion and as well as profit, which print in at about 70 per cent,” Srikrishna said.
With 37 offices in over 30 countries and over 25,000 employees, Hexaware’s revenue grew 6.5 per cent in 2020 to USD 845 million, while operating profit jumped 24.4 per cent to USD 152 million.
Revenue grew over 22 per cent to cross the USD 1-billion mark in 2021, from which it earned around 15 per cent in net income, according to reports.
The company said,’ As the fastest growing organization of today, Hexaware gives you great growth prospects, opportunity to work with brilliant minds and a diverse range of high-profile clients, as well as an ideal work-life balance. Today, we have brought together the most talented leadership in the industry. You’ll find a positive, passionate, and fun-filled work culture!”
To explore the job opportunities in India please click here on the company’s official career page. With PTI Inputs
