Companies spend large sums to train entry level candidates - January 7, 2013

Although many companies are cautious in their approach towards hiring to cut costs, still many companies spend a lot of money to train their entry level employees.

Although many companies are cautious in their approach towards hiring to cut costs, still many companies spend a lot of money to train their entry level employees. The dearth of skill has rendered many entry level candidates unemployable and even though college provides internship and training to their students, they still need training. Lupin and Hexaware technologies for instance spend INR 25000 and INR 35000 per head on training newly employed freshers.

Source: www.economictimes.com, January 7, 2013. “Companies like Lupin, Hexaware Technologies and others struggle to close skill gaps at entry level”

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