Mid-size companies are now recruiting

Bangalore: Medium size IT companies are back on lateral hiring as the market conditions are improving. These companies were the first to down curtains on lateral hiring last year because of a sizeable bench and rising salary costs, reports the Business Line. "The mid-caps did see a stock rally and there is confidence in the Indian market," says a Mumbai-based IT recruiter.

Dr Pallab Bandyopadhyay, Vice-President and Head, HR, Asia Pac, Perot Systems, says it has been hiring at a steady pace and has to currently fill 300-400 positions. It is looking at filling at least 100-150 positions a month. Companies such as Aricent, Logica and captives such as Goldman Sachs and BankAm are hiring between 200 and 300 people.