Recruitment Fiasco at CITPR Ltd.
“It has been very unfortunate that careers of our students are in trouble. We feel cheated, how come such a reputed company known for its exemplary HR practices can act so casually…”
- Prof. Parag Thakur, Director, TTC College of Engineering and Management
This came as a sharp reaction from the Director, Prof. Parag Thakur (Prof. Thakur), TTC College of Engineering and Management in the Southern part of India whose 25 students of Computer Science and Engineering were selected by CITPR Ltd., in the campus selection drive and were later denied employment in the company.
CITPR Ltd.: An Overview
CITPR Ltd., is an information technology and consulting company with over 10000 employees serving over 22 clients across the globe. The company posted revenues of $75 million for the financial year ended on March 31st 2014.
CITPR since its humble beginning in 1984 was known for its excellent HR practices and had also won many prestigious awards for being the Best Employer, Best Place to work with, etc. Attrition rate was very low because of the excellent organizational culture and leadership of its promoters – Mr. Shyamji Bapna, Chairman and Managing Director, Mr T. Pujary, CEO and Mr. Gopal Dixit, COO. Even though the organization was not considered as the best paymaster in the industry, employees were very satisfied and average tenure of the people employed in the company was more than 7 years which was far better than the industry standards.
The organization exhibited tremendous growth in last five years. ‘Employees are our biggest strength and we are very careful while choosing them’, stated Mr. Bapna....................................