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Engineering majors step up manpower hiring

EM NEWS BUREAU ,  Wednesday, July 20, 2011, 10:55 Hrs  [IST]

Bharat Heavy Electricals Ltd has planned to hire 4,000 people in the current fiscal year to take its headcount to over 50,000 by March 2012, reliable reports suggest. With current staff strength of 46,478, BHEL's hiring this year will include engineers, supervisors and workers. Most of the recruitment will be fresh, while retiring employees may be taken on as consultants for specific projects.

Larsen & Toubro plans a 40 per cent increase in recruitment of trainee engineers from campuses, especially for its new activities in heavy engineering (power equipment, for instance) and power production. NTPC, it is reported, will hire close to 900 people, in line with the 840 inducted in 2010-11.

BHEL, despite its hiring spree, hopes to restrict employee costs. In 2009-10, employee costs that stood at 15.3 per cent came down to 12 per cent in 2010-11. This year, BHEL hopes to keep the employee costs to 12.8 per cent, the report added.
 
                 
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