Nagpur: With the markets reeling under severe recession, the job scenario in Nagpur has reached at alarming stage. The companies say they have been facing the slowdown which has translated into layoffs and pay cuts instead of generating new opportunities. However, the jobless aspirants in Nagpur get some hope when the major IT giant HCL Technologies recently announced to hire over 2000 Engineers at its city facility in Mihan, in the next two years. HCL was soon in the headlines and initiative was appreciated across all corners. But never did anyone know that there was a catch to it. HCL has also published an advertisement inviting the students from Nagpur to join the training program to secure jobs in the company. And wait, you have to shell out Rs 2.30 lakh for this training program. Activists say it is another way of misguiding students and creating misconceptions in their minds about the job offer.
Jobs on sale !
“Actually it is not the jobs they are offering. They are actually selling their training programs under the garb of recruitments. After all, how many students will be eventually picked up for serving the company once the training ends? The students will end up losing their parent’s hard earned money”, questioned a job consultant who often provides work heads to blue chip companies. In its advertisement the company has called upon the aspirants who have done BE, BTech, ME, MTech, MCA, MSc (IT), with or without experience, IT as well as non-IT. Also there is no age bar and women and housewives who are local residents of Nagpur have also been invited for the training and hiring program to get an assured job. The walk in interview was also conducted at Yeshwantrao Chavan College of Engineering, Hingna Road, Wanadongri from June 17 to June 19, 2017.
Take Laon and Pay to HCL!
Few of the students who landed up at the interview venue informed, “The company is asking each student to pay Rs 2.30 lakh. They are also providing facility to take loan from IDBI bank and Axis bank to pay their training fees. When we asked about the job assurance they plainly replied that it would be decided only after successful completion of training.” A parent who took his freshly graduated son to the venue complained, “Going by the company’s name, most of the parents shall have no problem in handing out Rs 2.30 lakh to HCL. But we just wanted to know that is it the beginning of new trend where the companies are charging the aspirants against providing them jobs.”
Interestingly, the company has kept this fact hidden on its website where it has put up the recruitment process. The stages are application, shortlisting, technical interview, HR interview and finally the offer rollout. There is no mention of any training program and the heavy fees being charged.
Is the Company recovering loss?
Experts say the current economical crisis have led the companies like HCL to recover their losses from the job aspirants. They revealed that the situation has worsened to such an extent that the Engineering students passing out with flying colors have been struggling to get through and command a decent payout.
The campus placements have gone significantly down and the company recruitments have crashed like never before. Well, some say its post demonetisation effect while others blame it on new tax regime GST coming up next from July 1, 2017. Meanwhile, insiders informed that even if HCL may provide jobs then there would the issue of size of salaries which are so meagre that the students would wonder why he or she opted for such high end course if they get peanuts in the form of pay.
HCL offering only Rs 3750!
Now can you believe this! A student who spends Rs 5-6 lakh in completing their graduation in Engineering is forced to pay another Rs 2.30 lakh in the name of training and look what he will get. For the said training program, HCL is only offering a petty sum of Rs 3750 and that too from the 4th month of joining the program. Those completing the training will be offered only Rs 15,000, the company representative who identified himself as Varun Sharma informed.
Not all will get job!!!
When Nagpur Today contacted at the toll free number given in the advertisement of HCL Technologies, it was informed that all the students applying for training program may not get jobs as the positions are limited in Nagpur.
This means that the students have to play luck game by keeping at stake Rs 2.5 lakh. Even if luck favors them, they would see their fortunes limited to Rs 15,000 per month only (Rs 1.98 lakh per annum as HCL’s Varun Sharma informed) . Nagpur Today also mailed sought an explanation in this regard and posted query at company’s website but it was not responded.
Corporate job racket
Of late, most of the job syndicates operating from Noida have been luring the students and jobless youth by sending them fake job offers. Once any one falls in trap he or she is required to deposit some amount in the given bank account, and this often becomes the last communication between the victims and the fraudsters.
The companies have been sending alerts to the job aspirants not to fall prey to such fraudulent mails offering them high paying jobs. They would also clear that the companies never charge any amount or training fee. Now the companies are backing off on their statement. Interestingly HCL’s head office is also located in Noida.
Now Companies take to unfair means
Like HCL, many other companies including ICICI Bank and IndusInd Bank have conducted similar programs in Nagpur, in which the students were asked to pay from Rs 30,000 to Rs 60,000 for training program.
IndusInd operated the said nexus through a placement company. Later many youths who opted for training were forced to meet unimaginable targets. This led many to quit the jobs at very initial stage and few others were allegedly forced to quit. Many students ended up losing their money in the said scam. Now it appears HCL Technologies is set to script the making of yet another mega multi-crore job scam.