Wipro is returning to campuses. But there's a catch

livemint.com:

₹3.5 lakh per year, and that too from non-IIT and non-NIT engineering colleges, according to an internal email sent to its employees that Mint has seen. Wipro resumes campus hiring in a fortnight’s time, the email mentioned. Starting salaries for employees from the Wipro’s ‘elite’ list of colleges have remained unchanged for at least a decade, the person cited above said.

An email sent to Wipro went unanswered until press time. Wipro hires freshers from campuses across three bands. The top category is ‘star’, under which graduates are paid starting salaries of about ₹10.5 lakh a year.

This is followed by ‘turbo’, where graduates are paid more than ₹6.5 lakh a year. The lowest tier is ‘elite’, where graduates are paid ₹3.5 lakh a year. As of now, Wipro is only hiring employees from its ‘elite’ category, according to the email mentioned earlier.

Mint could not independently ascertain whether the company will hire graduates from the ‘turbo’ and ‘star’ categories later. As per the email, Wipro will give a letter of intent to those graduates who complete the five rounds of selection, including interviews and skill assessments. The selected graduates will then undergo training specific to the teams they are to be deployed in, by an external training partner for 8-12 weeks.

Only upon completion of the training will the graduates be onboarded to Wipro. The Bengaluru-headquartered software services company will visit the top 100 engineering colleges, not including the Indian Institutes of Technology (IITs) and National Institutes of Technology (NITs), for recruiting graduates for the batch graduating in 2025. There are about 8,000 non-IIT and non-NIT engineering colleges that fall in Wipro's ‘elite’ category.