As per the sixth edition of the Aon Campus Study 2016, which surveyed 300 companies across seven industries to understand their campus strategies across tiers for 2016-17, stated nowadays companies, while offering campus compensation, reduce fixed component and become aggressive in the ‘Pay in Risk’ and/or Joining Bonus component.
As per the study, while the number of campus hires in 2017 is expected to go up or be similar by 84% of the organisations, the number of hires from Tier 1 institutes has seen a dip of 2% for
The companies are working towards a balanced approach and also focussing on hiring Tier II and Tier III graduates.
The overall campus compensation packages witnessed an increase of 6.9% and 8% for MBA and B.Tech, respectively.
This is how hiring and compensation differs in Tier I, II and III cities for MBA,