Infosys opens ‘Power’ programme offering freshers up to Rs 9 lakh a year
Infosys has launched a ‘power programme’ for colleges with differential hiring, offering packages of up to Rs 9 lakh per annum, two people aware of the development told ET.
This is substantially higher than the entry-level fresher pay packages of Rs 3-3.5 lakh offered by the Bengaluru-based company.
“The focus of these categories of hiring is on coding and software challenges, programming skill testing and other specialised skill tests for both tests and interviews,” one of the sources said. “For Infosys, these pay packages offered are between Rs 4-6.5 lakh and Rs 9 lakh.”
The initiative is akin to bigger rival Tata Consultancy Services’ ‘Prime’ specialised hiring of freshers for software development profiles.
TCS offers salaries in the range of Rs 9-11 lakh per annum under ‘Prime’, a programme it launched last year. The firm has expanded its scope this year, adding newer technologies such as artificial intelligence (AI), generative AI (GenAI) and machine learning (ML).
TCS now hires freshers under three categories – ‘Ninja’ that offers packages at around Rs 3.6 lakh, ‘Digital’ at Rs 7.5 lakh, and ‘Prime’.
TCS and Infosys did not respond to requests for comment until press time Monday.
After a lull for almost four quarters, Infosys plans to hire 15,000-20,000 graduates in FY25 while TCS looks to hire approximately 40,000 freshers – consistent with its hiring numbers last year.
Typically, the minimum salaries offered to freshers by top IT majors including TCS and Infosys is in the range of Rs 3-4 lakh.
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