BANGALORE, INDIA: Wipro Technologies' financial results for the financial year ended on March 31 has reported a positive note in comparison with its competitors Infosys and TCS.

Suresh Senapathy, CFO, Wipro Technologies said, “Though our results are not as good as the previous years, we have been able to manage better than our other peers.”

However, in spite of recording overall growth, the company is keeping its outlook and guidance low, even for its recruitment process.

So far, Wipro has not planned to make any campus recruitments and also did not reveal any specific numbers for this year.

The usual process of making campus offers a year in advance would be not followed by the company anymore. The next phase of campus recruitments would commence only by January next year.

“The hiring for this this year would be in line with the business shipping up,” said Pratik Kumar, executive vice president HR, Wipro Technologies. He added that they would continue to invest in work force as per their requirements and specific niche skills.

The company would honor all the seven thousand campus offers that were made last year. The ones who were left out among those who got offers last year, may join Wipro by next month, he said.

Meanwhile, Wipro would not increase the salary of its employees.

Globally, the company is looking forward in recruiting people for its Atlanta center and ramping up their centers in China.

The IT major reported a dip in voluntary attrition from 11.9 per cent in Q3 to 7.9 per cent in this quarter. Overall, the voluntary attrition for FY 08-09 came down to 11.3 per cent from 16.3 per cent for FY 07-08.

However, the involuntary attrition rate has gone up from 2.0 per cent in Q3 to 2.6 per cent this quarter. Overall too, the involuntary attrition level has gone from 0.5 per cent in FY 07-08 to 1.9 per cent in FY 08-09.

Wipro had recently introduced a program where the employees' working period was shortened. Commenting about the program Kumar said, “ This program is basically for the people who are as trainees. The intention was to not take any drastic step and lose good resource.”

He further added that in this program the trainees are asked to work for only ten days a month and are paid 50 per cent of their total salary. He said less than one thousand people are put in this program.