BENGALURU: For engineering graduates, bagging jobs will get tougher this year. Colleges are seeing at least a 30 per cent reduction in the number of recruitments this year. With a cut on bulk recruitment, it is only the cream of the crop that are likely to be placed.
According to several private engineering colleges in the city, the bigger players are recruiting engineering graduates in the usual numbers while the smaller ones have cut down on their numbers. The reason for worry is also that it is mostly the smaller and medium scale companies that have been recruiting students in bulk.
In RV College of Engineering, a top college in the city, the number of offers made by companies paying candidates up to `4 lakh per annum was 795. In 2015, the numbers reduced to 621, in 2016 to 518 and 350 in 2017. However, the number of jobs offered by companies paying more than `14 lakh per annum increased from four in 2014 to 73 in 2017.
Even as the big players have upped their number of recruitments, the numbers do not near those of the players who pay less.
Dr K N Subramanya, principal, RVCE said top engineering colleges would not face a challenge. However, students have to perform exceptionally well to be able to make the cut.
“There is no bench recruitment (students selected by companies but awaiting posting) anymore. Only quality students who have the skills that the industry needs are hired. Across the state, the number of recruitments by mass recruiters has gone down,” said Dr Subramanya. It is mostly product development for which students are getting recruited, according to the principal.
Such is the case with Dayanad Sagar Collge of Engineering. M N Guru Venkatesh, placement officer, said that the recruitment is “hand to mouth”. He added that skill-based recruitment is priority now irrespective of the percentage of these graduates.
“It could be attributed to market instability and issued with H1B visa issues. Besides, there has been automation in a lot of fields minimizing the need to recruit manpower in large numbers,” Venkatesh said.
Dr K S Sridhar, principal, PES University, said that tier 3 companies (which pay less than `4 lakh) have cut down on their recruitment gradually over the last three years.