Mean
Compensation Package at TISS Final Placements Touches
'Six Figure' Marktext
School of Management & Labor
Studies, Tata Institute of Social Sciences (TISS) completed another phenomenal
round of final placements for its outgoing Batch 2006-08. Surpassing all
previous records, the mean compensation package touched the magical
"six figure" mark. The placements season began with the laterals in the last
week of December '07 while that for freshers ended in the first week of January
'08.text
The trend this time leaned
towards consulting again, with the cr�me de la cr�me of the industry visiting
the campus. The KPMG, Ernst & Young, Pricewaterhouse Coopers, Hewitt Associates
and Accentures of the world jostled with each for the small
batch of 42text. The fact that 16 students of
the batch had already accepted Pre-Placement Offerstext from their
summers organizations and opted out of the Finals, did not make the recruiters'
job any easier.text
The other regular recruiters with
TISS like Proctor & Gamble, HUL, ITC, Nokia, Tata Sons, Marico, Cadbury, Pepsi
and Nestle also vied for the best HR talent in the country. The BFSI sector was
well represented by Deutsche Bank, HSBC, Axis Bank, Lehman Brothers and
Fidelity. IT sector biggies like Wipro Technologies and IBM were also in
contention. A new entrant in the process was Bennett Colemann & Co. M & M Global
Leadership Program and RPG Group participated only in the lateral process.text
With the talent crunch and demand
for HR talent going through the roof, placement packages at TISS followed suit:
-text
| Total
Batch Sizetext |
42 text |
|
Students Participatingtext |
25 text |
| Number
of PPOs Offeredtext |
19 text |
| Number
of PPOs Acceptedtext |
16 text |
| Number
of Companiestext |
26 text |
|
Highest Salarytext |
INR 16.0
Lakhs per annum text |
| Median
Salarytext |
INR
11.25 Lakhs per annum text |
|
Average Salarytext |
INR
11.30 Lakhs per annum text |
With the new and bigger batch (60
students) of budding HR professionals coming in this year, and the current
junior batch enthused by recently concluded summer placements, the future is
definitely looking bright and sunny at TISS!text
