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<ul><li><keyword id="6357150" type="General" weightage="20" keywordseo="tcs" source="Orion">TCS</keyword> is hiring arts, commerce and science students who will graduate in the year 2022 under their programme ‘TCS BPS Freshers Hiring — YOP 2022’.</li><li>The last date to apply for the programme is January 7, 2022.</li><li>The company will conduct a 65 minute test as a part of their selection procedure on January 7, 2022.</li></ul>Tata Consultancy Services (TCS), a Indian multinational information technology (IT) services and consulting company, is hiring arts, commerce and science students who will graduate in the year 2022 for these business units — cognitive business operations (CBO), banking and financial services and insurance (BFSI), and life sciences under their programme ‘TCS BPS Freshers Hiring — YOP 2022’. The online registration has already started and the last date to apply for the programme is January 7, 2022. TCS will conduct a 65-minutes test, which will be the first round of the selection procedure. The test will be conducted on January 26, 2022. Candidates who manage to clear the first round will be called for an interview. The date of interview will be announced by the company later on. Eligibility criteria for the BPS Freshers Hiring programme <ol><li>Full time graduates from Bachelor of Commerce (B.Com), Bachelor of Arts (BA), Bachelor of Accounting and Finance (BAF), Bachelor of Banking and Insurance (BBI), Bachelor of Business Administration (BBA), Bachelor of Business Management (BBM), Bachelor of Management Studies (BMS), Bachelor of Science (BSc) — Information Technology (IT)/Computer Science(CS), Bachelor of Computer Applications (BCA), Bachelor of Pharmacy (B.Pharm), Master of Pharmacy (M.Pharm), who will graduate in the year 2022 can apply.</li><li>Candidates should not have any active backlog at the time of appearing for the test.</li><li>Overall gap in academics should not exceed 2 years.</li><li>Candidates should not have any extended education in their highest qualification.</li><li>Candidates should be comfortable working in a dynamic work environment or rotating night shifts depending on project requirements.</li></ol>About the test Candidates who wish to be a part of the programme will have to clear the first round of test, which will be conducted on January 26, 2022. The test will be of 65 minutes and will contain questions from these sections — numerical ability ( 26 questions), verbal ability (24 questions), reasoning ability (30 questions). Candidates can refer to this <a href="https://learning.tcsionhub.in/OnlineAssessment/index.html?1016@@M706">mock test</a> provided by the company. How to apply for the programme <ol><li>Open and login the <a href="https://nextstep.tcs.com/campus/#/">TCS Next Step</a> portal on any smart device.</li><li>Click on ‘Register Now’ and then select ‘BPS’ to apply.</li><li>An application form will appear on your screen, fill out all your details carefully.</li><li>Then, click on ‘Submit’ to complete your application. Candidates who still have doubts regarding how to fill the application form, can refer <a href="https://www.tcs.com/content/dam/tcs/images/corporate-tcs/careers/Hero-widget/TCShiringdriveAug21/TCS%20Nextstep%20Portal%20Registration%20Handbook%20Template_%20V3.pdf">here</a>.</li></ol>Interested candidates can seek more information <a href="https://www.tcs.com/careers/tcs-bps-fresher-hiring">here</a>. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/careers/news/internship-at-the-world-bank-checkout-criteria-how-to-apply-and-other-details/articleshow/88253446.cms">Internship at the World Bank — Checkout criteria, how to apply and other details</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/thelife/personalities/news/tesla-boss-elon-musk-named-person-of-the-year-by-time-magazine/slidelist/88269832.cms">Tesla boss Elon Musk named ‘Person of the Year’ by Time magazine</a>

Tata Consultancy Services is hiring college freshers who will graduate in 2022

<ul><li>The company has earlier intended to hire 34,000 employees by March 2022 but it has completed that target by December itself.</li><li>TCS has reported an attrition rate of 15.3%, which is lowest when compared to peers <keyword id="10862" type="General" weightage="50" keywordseo="wipro" source="Orion">Wipro</keyword> and <keyword id="6354512" type="General" weightage="50" keywordseo="infosys" source="Orion">Infosys</keyword>.</li><li>To retain top talent, TCS has ramped up promotions. After 110,000 promotions till December 2021, it plans another 40,000 before March.</li><li>Check out our <a href="https://www.businessinsider.in/bi-newsletter">weekly explainers</a> on the hottest topics and <a href="https://www.businessinsider.in/newsletters_signup.cms">sign up</a> if you like them.</li></ul>India’s largest software exporter, <keyword id="6357585" type="General" weightage="20" keywordseo="tata-consultancy-services" source="Orion">Tata Consultancy Services</keyword> (TCS), whose employee count recently completed a milestone of 2,00,000, continues to be aggressive in hiring amidst a crazy battle for technology talent . TCS had earlier said that it would hire an additional 34,000 freshers by March but it has already met that target by December. The company will continue to hire between January to March quarter as well, however, no particular target has been set. “Our hiring intensity will continue but we don’t have any particular number for the coming quarter,” Milind Lakkad, Chief Human Resources Officer at TCS, highlighted during the media briefing. <table style="border-width: initial; border-style: none; table-layout: fixed; width: 468pt;" class="redcator-table-advance"></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Quarter </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">No. of freshers hired </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">April to September </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">43,000 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">October to December </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">34,000 </td></tr></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody></table> TCS has reported an attrition rate of 15.3%, which is lowest when compared to peers <a href="https://www.businessinsider.in/careers/news/wipro-plans-to-hire-30000-freshers-in-2023-as-attrition-rate-increases-to-22/articleshow/88855676.cms" data-type="tilCustomLink">Wipro</a> (22.7%) and <a href="https://www.businessinsider.in/careers/news/the-attrition-at-infosys-is-worse-than-that-[…]s-increased-hiring-plan-by-10000/articleshow/88856648.cms" data-type="tilCustomLink">Infosys</a> (25%), in the quarter ending December 2021. However, it hired a net of 28,000 new employees in the last three months, the highest ever in the company’s history. <div type="image" title="TCS attrition rate" msid="88858294" hostid="261" caption="&amp;lt;p&amp;gt;TCS attrition rate&amp;lt;/p&amp;gt;"></div> Attrition is used to describe the rate at which employees are leaving the company. To battle the fast pace at which employees are moving on for better opportunities, TCS has increased the pace of promotions as well. As part of its earnings release, the management said that it had given 110,000 promotions this financial year till December, and another 40,000 are on the cards in the remaining three months. <div type="Video" msid="85123846" hostid="261" title="There was never a better time to be a techie in India" dataSource="BUSINESSINSIDER" thumbUrl="https://denmark.timesinternet.in/cmslite/api/app/images.jpg?msid=85123846"></div> The higher salaries, incentives and cost of hiring and retaining top talent has taken a toll on the profit margins of TCS, just as in the case of Infosys and <a href="https://www.businessinsider.in/careers/news/wipro-plans-to-hire-30000-freshers-in-2023-as-attrition-rate-increases-to-22/articleshow/88855676.cms" data-type="tilCustomLink">Wipro</a>. Operating margin fell to 25% compared to 26.6% three months ago. The company believes that the attrition pressure may be bottoming out. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/careers/news/the-attrition-at-infosys-is-worse-than-that-at-wipro-ceo-salil-parekh-has-increased-hiring-plan-by-10000/articleshow/88856648.cms">The attrition at Infosys is worse than that at Wipro, Salil Parekh has increased hiring plan by 10,000</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/careers/news/wipro-plans-to-hire-30000-freshers-in-2023-as-attrition-rate-increases-to-22/articleshow/88855676.cms">Wipro increases hiring plan to 30,000 as attrition hits a new high</a>

TCS completes its fresher hiring target three months ahead of schedule but it’s not done yet

<ul><li>TCS is inviting job applications from MBA freshers whose passing year is 2020, 2021 and 2022.</li><li>The last date for registration is November 9.</li><li>The IT firm will conduct an entrance test followed by an Interview for the selection procedure.</li></ul>The Mumbai-based information technology (IT) services firm, <keyword id="6357585" type="General" weightage="20" keywordseo="tata-consultancy-services" source="Orion">Tata Consultancy Services</keyword> (TCS) is inviting job applications from Master of Business Administration (MBA) freshers whose passing year is 2020, 2021 and 2022. This is a pan-India opportunity exclusively open for management graduates who can join their workforce in FY 2022-23. The last date for registration is November 9. After the last date, the IT firm will announce the dates for the entrance test. The hiring process will be done in two steps. The first step is the entrance test, which will be conducted by the company after the registration. Candidates who manage to pass the test will be called for the second round i.e., the interview. The test will consist of 47 questions, which have to be answered in 90 minutes by the applicants. The test comprises three sections — verbal ability, quantitative aptitude and business aptitude. Eligibility criteria for appearing in the test round — <ol><li>Candidate’s minimum age should be 18 years and maximum should be 28 years. </li><li>The candidate should have done or pursuing a two-year full-time Master of Business Administration(MBA)/Masters in Management Studies(MMA)/Post Graduate Diploma in Business Analytics (PGDBA)/Post Graduate Diploma in Management (PGDM) course in Marketing/Finance/Operations/Supply Chain Management/Information Technology/General Management/Business Analytics/Project Management. </li><li>Candidates must score a minimum aggregate marks of 60% or above in class 10,12, diploma (if applicable), graduation and/or post graduation examination, which includes successful completion of final year/semester. </li><li>Applicants must be from Bachelors of Technology (B.Tech)/Bachelors in Engineering (B.E) background prior to MBA/Integrated MBA. </li><li>Students of 2020, 2021 &amp; 2022 batch are only eligible. </li><li>Students should not have any backlogs at the time of appearing for the TCS selection process. </li><li>Students should not have any extended education in their highest qualification. </li><li>The overall academic gap should not exceed 2 years. It is mandatory for students to declare gaps in education, if any. Students should provide valid reasons supported by document proof for gaps. </li><li>Students should have completed regular/full time schooling only. Students who have completed their secondary/senior secondary course from NIOS (National Institute of Open Schooling) are also eligible to apply if the other courses are full-time. </li><li>Any prior work experience will be considered based on its relevance to the job role/profile. </li></ol>Here’s how to apply for the opportunity — <ol><li>Open the <a href="https://nextstep.tcs.com/campus/#/">TCS NextStep</a> online portal on any smart device. </li><li>If you are a registered user, then login and proceed to complete the application form and click on ‘Apply For Drive’. </li><li>If you are a new user, then click on ‘Register Now’. Choose the category as ‘IT’ and fill in your details, then submit your application form and click on ‘Apply For Drive’. </li><li>Select your mode of test as ‘Remote’ and then click on ‘Apply’. </li><li>To confirm your application status, click on ‘Track Your Application’. The status should reflect as ‘Applied for Drive’. </li></ol>SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/startups/news/kunal-shahs-cred-doubles-its-valuation-to-4-billion-in-less-than-six-months/articleshow/87129405.cms">Kunal Shah’s CRED doubles its valuation to $4 billion in less than six months</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/irctc-crosses-1-lakh-crore-in-market-cap-for-the-first-time/articleshow/87128390.cms">IRCTC crosses ₹1 lakh crore in market cap for the first time as investors adore its monopoly</a>

TCS is hiring MBA freshers graduating in 2020, 2021 and 2022 — Here's how you can apply

<ul><li>Other than IT, telecom and healthcare sectors also witnessed a notable decline in hiring in October this year as compared to last year. </li><li>The insurance sector saw a phenomenal year-on-year growth in hiring at 93% this <keyword id="36208" type="General" weightage="20" keywordseo="festive-season" source="Orion">festive season</keyword>. </li><li>The growth graph for hiring in the national capital was found to be flat as compared to last year.</li></ul>The slowdown is real in India’s information technology industry. The sector, which created the maximum jobs over the last two years, is seeing a hiring slowdown now. According to the <keyword id="15405162" type="General" weightage="20" keywordseo="Naukri-Jobspeak-index-report" source="Orion">Naukri Jobspeak index report</keyword>, hiring was down 18% this festive season in October as compared to last year. Bangalore, the IT hub of India saw the maximum drop in hiring at 16% in the <keyword id="46964" type="General" weightage="20" keywordseo="IT-sector" source="Orion">IT sector</keyword> this October, as compared to the same month last year. A similar trend was seen in Hyderabad (12%) and Pune (11%) during the same period. IT majors in India have cut down in hiring by at least <a href="https://www.businessinsider.in/business/news/amid-risks-of-a-slowdown-these-it-companies-are-best-placed-to-survive-the-storm/articleshow/95228871.cms">57% in the second quarter</a>. Wipro reported the maximum cut of 95%, followed by <keyword id="6357150" type="General" weightage="80" keywordseo="tcs" source="Orion">TCS</keyword> at 58%. This is in spite of the fact that attrition in the IT industry is high. <keyword id="6354512" type="General" weightage="80" keywordseo="infosys" source="Orion">Infosys</keyword> and HCL Tech witnessed the highest attrition rates at 27% and 23% respectively. <cmsannotation type="cmsannotation" annotationid="Telecom, healthcare hiring slowed down too" comment="subhead" text="Telecom, healthcare hiring slowed down too">Telecom, healthcare hiring slowed down too</cmsannotation> Other than IT, telecom and healthcare sectors also witnessed a notable decline in hiring sentiments by 19% and 13% respectively in October this year as compared to last year. “The temporary deceleration in hiring activity was expected given the festive season, however when you compare the data with last year’s festive window (Nov’21), the Index is a healthy 13% ahead which is reassuring,” said <keyword id="2554121" type="General" weightage="80" keywordseo="pawan-goyal" source="Orion">Pawan Goyal</keyword>, chief business officer, Naukri.com. In comparison, the insurance sector in India saw a phenomenal year-on-year growth in hiring at 93% this festive season. BFSI, oil, travel and hospitality, real estate and auto are some of the other sectors which continued to show upward hiring trends this season. “It is also interesting to note that most key industries maintained hiring expansion during this month which is likely to only get stronger as year-end approaches,” Goyal added. <cmsannotation type="cmsannotation" annotationid="Delhi stayed flat in hiring" comment="subhead" text="Delhi stayed flat in hiring">Delhi stayed flat in hiring</cmsannotation> The growth graph for hiring activity in the national capital was found to be flat this festive season as compared to last year’s. Whereas, other metros like Mumbai and Kolkata continued to grow by 8% and 15% respectively. Amongst non-metros, cities like Jaipur, Kochi, Vadodara, and Coimbatore saw an uptick in demand for white collared professionals, says the report. While demand across experienced professionals stayed neutral in October this year, senior professionals with over 13 years of experience saw an uptick in demand growing by 6% over last year. Meanwhile, demand for freshers stayed flat and demand for mid-level professionals (4-12 years) declined by 4%. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/amid-risks-of-a-slowdown-these-it-companies-are-best-placed-to-survive-the-storm/articleshow/95228871.cms">Amid risks of a slowdown, these IT companies are best placed to survive the storm</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/news/more-indians-are-interested-in-buying-products-have-a-dating-experience-in-the-metaverse-report/articleshow/95232293.cms">More Indians are interested in buying products, have a dating experience in the Metaverse: Report</a>

Hiring slowed down in the IT sector this festive season: Report

<ul><li>Earnings season will begin next week with the results of major IT companies -- TCS on April 11 and Infosys on April 13.</li><li>Digital transformation deals continue to boost IT sector’s growth along with rupee depreciation in the recent months benefiting the sector.</li><li>However, profit margins of these companies are expected to be under pressure because of increase in employee salaries and record hiring.</li></ul>The March quarter earnings season will begin next week with the results of major information technology (IT) companies such as Tata Consultancy Services (TCS) on April 11 and Infosys on April 13. Most analysts believe March is a seasonally weak quarter for IT companies and they expect moderate earnings growth amid margin pressures. The profit margins of IT companies are expected to be under pressure because of increase in employee salaries and record hiring. “Sequential growth for Indian IT will be moderate in March 2022 quarter and in line with historical seasonal trends. Margins will remain under pressure resulting from elevated wage increases, onsite as well as offshore,” said Kotak Institutional Equities. The entire IT sector is struggling to retain employees including top five companies. In fact, in the last quarter <a href="https://www.businessinsider.in/tech/enterprise/news/more-employees-are-leaving-tech-mahindra-than-tcs-and-wipro/articleshow/89291721.cms">more employees left Tech Mahindra </a>than at TCS and Wipro. The report added that talent shortage continues even as the industry has added a record number of freshers. High cost to backfill attrition and retain talent will seep into margins across companies. <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Top IT companies </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Expected revenue growth in Jan-Mar* </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">TCS </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">2.7% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Infosys </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">2.2% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Wipro </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">3.6% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">HCL Tech </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">1.2% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Tech Mahindra </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">5.2% </td></tr></tbody></table>Source: Emkay Research*Revenue growth in constant currency on a sequential basis Meanwhile, the growth momentum may sustain due to healthy broad-based demand as firms across the world have increased spending on new technologies. “The demand environment is robust at present. There could be moderate risk to demand as fallout of the Russia-Ukraine imbroglio starts impacting key economies. Nonetheless, we believe double-digit growth is feasible for many,” said a report by Kotak Institutional Equities. Higher employee cost and shortage of skilled talent will remain the key challenges in the short term for IT companies. Investors will keenly monitor the management commentary on any impact on technology spending from higher energy prices, inflation and potential economic slowdown, demand trends in key verticals such as banking, financial services and insurance (BFSI), retail, manufacturing and communications, and the attrition rates. <table style="border-width: initial; border-style: none; table-layout: fixed; width: 468pt;"></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Top IT companies </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Results date </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">TCS </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">April 11 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Infosys </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">April 13 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Wipro </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">April 29 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">HCL Technologies </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">April 21 </td></tr></tbody></table> SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/startups/news/unacademy-reportedly-lays-off-1000-employees-from-sales-business-and-other-functions/articleshow/90709336.cms">Unacademy reportedly lays off 1000 employees from sales, business and other functions</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/startups/news/bharatpe-ceo-takes-a-jibe-at-ashneer-grover-says-no-money-left-to-pay-salaries-since-grover-stole-it-all/articleshow/90706030.cms">BharatPe CEO takes a jibe at Ashneer Grover, says no money left to pay salaries since Grover stole it all</a>

Profit margins of IT companies must be under pressure for January-March quarter due to record hiring and salary hikes

<ul><li>TCS, Infosys, Wipro are the top three information technology firms in the Indian market with over 11 lakh professionals working for the companies.</li><li>The entire IT sector has been witnessing a talent war with a high number of employees leaving the organisation for the last one year.</li><li>As a result, these firms have been hiring aggressively to make up for those leaving. Let’s see how much has changed in one fiscal year.</li></ul>For the last one year, the India’s as well as global information technology (IT) sector is going through a talent war to retain employees from leaving the organisations and spend millions on frequent promotions. While this has burnt a hole in the pocket of these technology firms, it has created tons of job opportunities for freshers graduating out of universities. Tata Consultancy Services (TCS), Infosys, Wipro are the top three information technology firms in the Indian market with over 11 lakh IT professionals working for the companies. Tata Group company TCS is the top IT firm in the industry with highest market capitalisation and biggest staff count. <table style="border-width: initial; border-style: none; table-layout: fixed; width: 468pt;" class="redcator-table-advance"></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Top three IT firms </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Hiring done in FY22 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Total no of employees </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Tata Consultancy Services </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">1.03 lakh </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">6 lakh </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Infosys </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">85,000 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">3.14 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Wipro </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">45,416 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">2.43 </td></tr></tbody><tbody></tbody></table>The companies have been hiring aggressively to tame high employee attrition rate. Employee attrition rate is the measure of employees who have left voluntarily or involuntarily over a period of time. Rate of employees leaving the organisation is highest in Infosys, second highest at Wipro and then at TCS. The management at TCS feels that the attrition rate is <a href="https://www.businessinsider.in/tech/enterprise/news/techies-will-continue-to-leave-tcs-at-a-higher-rate-for-a-few-more-quarters-and-later-cool-off/articleshow/90783480.cms">cooling off </a>and may come down after a few quarters. <div type="image" title="tcs, infosys, wipro attrition rate" height="900" width="1200" msid="91184456" hostid="261"></div> SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/enterprise/news/wipro-to-double-fresher-intake-this-year-promotions-to-be-faster-as-employees-are-still-jumping-ship-in-hordes/articleshow/91181367.cms">Wipro to double fresher intake this year, promotions to be faster as employees are still jumping ship in hordes</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/ahead-of-lic-ipo-paytm-money-opens-bids-of-up-to-5-lakh-through-upi/articleshow/91182034.cms">Ahead of LIC IPO, Paytm Money opens bids of up to ₹5 lakh through UPI</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/top-five-experts-to-learn-investing-in-us-stocks-from/articleshow/91182037.cms">Top five experts to learn investing in US stocks from</a>

TCS, Infosys, and Wipro hired 2.33 lakh employees in FY22 to tame high attrition

<ul><li><keyword id="6357585" type="COMPANY" weightage="20" keywordseo="tata-consultancy-services">Tata Consultancy Services</keyword> (TCS) plans to open up lateral hiring again which had been temporarily suspended due to the coronavirus pandemic. </li><li>It also plans to bring back 5% of its employees to offices by the end of the month. </li><li>In the last quarter, TCS chief human resources officer claims that over 4,500 positions were filled as a result of learning intensity increasing by 25%.</li></ul>India’s largest IT services company, Tata Consultancy Services (TCS), is planning to open up lateral hiring again and things begin to return to normal after the coronavirus pandemic affected its operations worldwide. It also plans to bring back employees into offices to up to 5%. <div type="Article" hostid="261" msid="76875445" title="TCS revenue dips by 6.3% ⁠— CEO says nearly all verticals were hit by COVID-19 crisis" mstype="2" mssubtype="0"></div> TCS claims that its plans to restart lateral hiring are going to come into picture again due to increased demand. “We have decided to open up on the lateral hiring side and have started onboarding new associates into the TCS ecosystem,” said CEO Rajesh Gopinathan. Since they weren’t hiring, TCS chief human resources officer Milind Lakkad says that the company has been filling in positions using ‘strategic talent development’. “Our learning intensity has gone up by nearly 25%,” he said. As a result, over 4,500 positions in the company were filled even though there was no junior recruitment happening over the last quarter. Coming back to work “We are still very conservative in bringing people back to work. Our strategy varies according to the COVID situation in each country, in each city,” said TCS chief human resources officer Milind Lakkad. Currently only has 1% of TCS employees are in offices across the globe. <div type="Article" hostid="261" msid="76865753" title="TCS and Infosys to face least impact — Indian IT companies likely to report sharp decline in revenue during first quarter" mstype="2" mssubtype="0"></div> The company says it will employ a campus-specific approach to bring employees back into the office in line with their 25/25 vision for 2025, which entail only 25% of employees in offices spending 25% of their time to deliver 100% productivity. "The location-independent way of working is gaining traction. Our customers are quite comfortable integrating the remote workforce, using new collaborative technologies to get work done,” said TCS COO N. Ganapathy Subramaniam during the first-quarter earnings call. “It was extremely important for us to connect with fresher recruits during this period,” explained Lakkad since onboarding has been delayed due to delays in academic terms. TCS plans to honour all existing offers. Gopinathan believes that the road to recovery for TCS will be better than it was after the Global Financial Crisis (GFC). According to him, the recovery trajectory was one step ahead this time around due to early response and better coordination. SEE ALSO: <a href="https://www.businessinsider.in/business/corporates/news/tcs-reported-revenue-dips-but-profit-grows-in-q1-fy21-results/articleshow/76875445.cms">TCS revenue dips by 6.3% ⁠— CEO says nearly all verticals were hit by COVID-19 crisis</a> <a href="https://www.businessinsider.in/business/corporates/news/tcs-infosys-and-microsoft-execs-share-ideas-on-world-productivity-day/articleshow/76462291.cms">From TCS and Infosys to Microsoft and Kissflow ⁠— this is what top execs have to say about productivity in remote working</a> <a href="https://www.businessinsider.in/business/corporates/news/tcs-infosys-wipro-and-tech-mahindra-what-to-expect-from-earnings/articleshow/76865753.cms">TCS and Infosys to face least impact — Indian IT companies likely to report sharp decline in revenue during first quarter</a>

TCS to kickstart lateral hiring and bring back 5% of its employees to offices

<ul><li><keyword id="6357585" type="COMPANY" weightage="20" keywordseo="tata-consultancy-services">Tata Consultancy Services</keyword> (TCS), <keyword id="30331" type="CITY" weightage="20" keywordseo="HCL-Technologies">HCL Technologies</keyword>, and other Indian IT behemoths plan to onboard more freshers than lateral hires over the next six months. </li><li>With attrition rates at an all-time low, there is less need to replace the loss of workforce, explained HCL Technologies’ CHRO VV Apparao.</li><li>TCS is looking beyond India’s border and plans to hire another 10,000 employees in the US amid H-1B visa ban issues.</li></ul>Freshers have a better shot at getting hired at one of the big-wig Indian IT companies in the second half of the year than those looking for a job change. The churn of employees at Indian IT companies is settling down as the likes of Tata Consultancy Services (TCS), <keyword id="6354512" type="COMPANY" weightage="20" keywordseo="Infosys">Infosys</keyword>, HCL Technologies, <keyword id="10862" type="CITY" weightage="20" keywordseo="Wipro">Wipro</keyword>, and Tech Mahindra are witnessing some of the lowest attrition rates that they’ve seen in a while. “A large amount of lateral hiring happens because of attrition replacement. If I’m losing 20 people, I have to hire 20 people. To that extent, lateral hiring will come down,” HCL Tech CHRO Apparao VV told Business Insider. The company’s attrition rate was 12.2% this quarter — the lowest it has been in at least the last two years. <div type="image" title="attrition rates it companies" msid="79014772" hostid="261" caption="&amp;lt;p&amp;gt;Attrition rate at India&amp;#39;s IT companies over the last six quarters&amp;lt;/p&amp;gt;"></div> Indian IT companies are on the hunt for freshers HCL Tech plans to onboard another 9,000 freshers before March 31, bringing the total of new hires to 12,000 in the current fiscal year. But, it is yet to make up its mind about the coming year. “We have not yet finalised. We’re doing a bottom-up exercise where we ask each of the businesses, what is the growth they see. Part of it will be based on form booking and a part of it will be based on anticipation — past number. But it won’t be less than 10,000,” said Apparao. <div type="image" title="it companies headcount" msid="79014798" hostid="261" caption="&amp;lt;p&amp;gt;Net loss of employees in Q1 compared to net addition in Q2&amp;lt;/p&amp;gt;"></div> Infosys, which already onboarded close to 16,000 freshers this year, is planning on recruiting another 15,000 for the next year. With attrition at an all-time low of 8.9%, India’s biggest IT firm TCS too has been focused on onboarding freshers since July. “We started onboarding freshers and increased our recruitment globally in Q2 in anticipation of the growth trajectory,” said TCS CHRO, Milind Lakkad, during the second-quarter earnings call. The company is looking to onboard 10,000 employees over the next year in the US amid the uncertainty around H-1B visa regulations. Over the last five years, TCS has hired around 21,500 employees in the country in its efforts to localise. Wipro, which recently saw a change in leadership with Thierry Delaporte at the helm, did not disclose any exact numbers but does have ‘robust’ hiring plans for the second half of the current fiscal. “Very robust hiring this quarter, both laterally and campuses. We continue to see the same momentum going forward,” said the company’s CHRO Saurabh Govil during the second-quarter earnings call. He added that given the company’s current growth momentum, hiring — laterally and via campuses — is an important part of managing that growth. This includes hiring across geographies, including India and in the new business areas, especially cloud and cybersecurity, where the demand lies. India’s IT sector is among the first to recover from the economic impact of the coronavirus pandemic. Hiring freshers, rather than laterally, allows companies to pick up talent that’s relatively cheaper. It’s also easier to train fresh minds in-house for specific skills, especially because they are in short supply in the market. SEE ALSO: <a href="https://www.businessinsider.in/thelife/personalities/news/prajakta-koli-aka-mostlysane-advice-for-content-creators-on-the-fine-line-between-brand-collaborations-and-staying-honest-on-social-media/articleshow/79013162.cms">Prajakta Koli aka MostlySane’s advice for content creators on the fine line between brand collaborations and staying honest on social media</a> <a href="https://www.businessinsider.in/business/ecommerce/news/flipkart-acquires-gaming-startup-mech-mocha-as-it-looks-to-tap-the-social-gaming-space-for-more-consumers/articleshow/79014466.cms">Flipkart acquires gaming startup Mech Mocha as it looks to tap the social gaming space for more consumers</a> <a href="https://www.businessinsider.in/india/news/covid-19-vaccine-updates-pfizer-moderna-to-roll-out-covid-19-vaccine-by-december/articleshow/78924143.cms">COVID-19 vaccine tracker: German CureVac shows an immune response, Aspen Pharmacare and J&amp;J sign pact to make vaccine in South Africa</a>

TCS, Infosys, HCL Tech, and others to see more freshers than lateral hires in the next six months

Thinking of making your next career move or want to join your dream company in 2020? Updating the resume, presenting your best projects will not be enough. As companies compete to hire the best talent, embrace digital transformation and globalise, following trends will reimagine the <keyword id="511161" type="PERSON" weightage="20" keywordseo="campus-hiring">campus hiring</keyword> process in 2020. <ul><li>Campus Hiring to get Democratized: Many large corporates with substantial hiring numbers are expected to leverage technology to conduct a common national test for hiring. It will allow all eligible students to participate irrespective of the location and educational institute they come from. A common national test will allow companies to hire the best from a large number of candidates from multiple campuses. <keyword id="6357150" type="ORGANIZATION" weightage="20" keywordseo="tcs">TCS</keyword> pioneered this in India and many will follow suit. </li><li>Prepare yourself for such common national tests being run in your city. They provide a good opportunity to get yourself qualified for a job interview. Your institution gets notifications of such recruitment tests.</li></ul><ul><li>Multiple Interventions instead of Single Selection Test: We predict that the companies will move towards a selection process that is based on multiple interventions for hiring freshers instead of a single selection test. This approach will avoid the one-bad-day syndrome and offer students multiple opportunities to prove their capabilities. These multiple interventions could be in various forms such as a coding contest, a test, a hackathon etc. </li><li>Your collective performance across all such interventions will determine the final selection. You no longer have to get nervous about the big day while chasing your dream company. Selection basis multiple interventions presents an opportunity to keep improving your performance and showcase relevant skills to prospective employers. </li></ul><ul><li>Practical Experience over Theoretical Understanding: More and more companies will give higher weightage to hands-on experience over theoretical subject knowledge. 2020 will be largely about candidate’s ability to demonstrate practical knowledge and experience to increase chances of being selected. </li><li>Your ability to demonstrate your practical skills will be critical in addition to the domain knowledge. So, make sure you take it upon yourself to build your hands-on application skills, and there are various ways of doing that. You can take up courses that offer hands-on skilling, do an internship or work as a freelancer even while you are studying. </li></ul><ul><li>Digital Skills as a Horizontal: Every industry is getting disrupted. Digital technologies are playing a key role in this change. Employers will prefer candidates with foundational knowledge of digital technologies. In TCS, candidates with strong digital skills are placed at double the salary at the entry level itself.</li><li>It will be critical for you to have a basic understanding of digital technologies irrespective of your stream of education. Take advantage of the various online learning platforms to upskill yourself. </li></ul><ul><li>Soft Skills can make or break: A majority of candidates excel in their subject skills but lack soft skills like effective articulation skills, interpersonal skills, communication skills, etc. Past data indicates that nearly 50% of candidates who demonstrate superior performance in the initial qualifier test do not cross the interview stage, which can be attributed to a lack of soft skills Together, knowing and expressing will be important for future selections. </li><li>Develop your soft skills and put your best foot forward. Friends and team members are your best critics and advisors. They can give you important tips and advice to improvise presentations, communication skills, body language, etc. To increase your confidence, participate in social gigs, events or group discussions happening around you.</li></ul><ul><li>Social Footprints Matter: In the world of social platforms and millennials presence in them, employers will increasingly review candidates’ social media footprints for both positive and questionable actions. This will be an additional parameter for evaluation in the selection process. </li><li>You need to be responsible and ensure adequate care to build a positive image in social media. Use social media platforms judiciously considering the sensitivity. Your comments, photos and social media participation indicate your personality, opinions and personal preferences to prospective employers.</li></ul><ul><li>Additional Competencies vs Academic Qualification: Developing additional competencies beyond the core academic qualifications will give a clear edge in selection. This will also help candidates to pursue careers of their choice. Increasingly, companies will look for candidate’s prowess in more trending areas beyond the academic curriculum. </li><li>As a young jobseeker, you must start building your profile with competencies that are trending and of interest to employers, beyond academic curriculum. You are studying civil engineering but have mastered coding or started an online marketplace for vintage goods while studying? Brownie points to you. Pursuing your passion, following a hobby or learning skills beyond your academic curriculum can bring the job of your interest a step closer to you. </li></ul><ul><li>Foreign Language and Globalisation: Today, many businesses aspire to address the global market needs and hence operate across geographies. Corporates prefer candidates who clear the basic selection criteria and also demonstrate linguistic skills in a foreign language. </li><li>It is recommended that you develop interest in any one foreign language and attain a minimum level of proficiency before the interview process. Sign up for courses teaching foreign languages like German, Spanish, Mandarin, Japanese, and etc. to build your linguistic competency.</li></ul><ul><li>Credible Internship: Internships provide candidates with a good initial exposure to the corporate world. A strong recommendation in an internship provides a gateway for corporate hiring. Companies will increase the count of hires from the internship channel in the next few years. For companies, this reduces the risk of wrong selection. </li><li>You should find an internship opportunity in a credible company and put up a stronger profile in front of the employers. Utilise free time between semesters to gain credible internships. </li></ul><ul><li>Personalised Salaries: Conventionally, corporates have fixed salary bands for freshers. But this will change fast as companies are finding individual candidates with differentiated competencies and hence are willing to compensate them differently. Candidates possessing industry trending competencies and skills can command higher annual packages. </li></ul>Go ahead and personalize yourself and differentiate yourself to the employers. Prepare yourself with the above hiring trends in mind. Our wishes for you to get selected by your dream employer in the year 2020. This article is written by <keyword id="2335008" type="PERSON" weightage="20" keywordseo="Venguswamy-Ramaswamy">Venguswamy Ramaswamy</keyword>, who is the Global Head of <keyword id="2022461" type="PERSON" weightage="20" keywordseo="TCS-iON">TCS iON</keyword>.

A top TCS exec explains what companies are looking for from campus hires this year

<ul><li>Technology giant <keyword id="6357585" type="DOMAIN" weightage="20" keywordseo="tata-consultancy-services">Tata Consultancy Services</keyword> has launched TCS National Qualifier Tests (TNQT) — for both campus freshers and experienced employees. </li><li>This will help employees attain higher salary packages and promotions in their job roles. </li><li>The salary of freshers will be double the slated entry-level compensation, if they get through the test. </li><li>In case of experienced employees, the test will be open for employees with upto three years of experience.</li></ul>Technology giant Tata Consultancy Services has launched<a href="https://www.business-standard.com/article/companies/tcs-employees-can-sit-for-exams-to-be-eligible-for-higher-package-119101500045_1.html"> TCS National Qualifier Tests</a> (TNQT) — for both freshers and experienced employees. The company has launched the internal test to help employees to demonstrate their skills and achieve more — from higher salary packages to promotion from their existing job roles. This is applicable to the fresh hires as well, who want to upgrade their starting salaries. These tests can possibly double the slated fresher salary, if they get through the test. The company believes that this investment in skilled employees and bulk hiring will benefit the company in the long run. “With TNQT model for campus hiring, we can find more people who are hungry to prove a point and do well. If someone performs exceedingly well in the test, then we give them the option for a digital test which they can clear to aim for higher compensation,” Milind Lakkad, Global head of Human Resources <a href="https://www.business-standard.com/article/companies/tcs-employees-can-sit-for-exams-to-be-eligible-for-higher-package-119101500045_1.html">told</a> Business Standard. While in case of experienced employees, the test will be open for employees with upto three years of experience. The tech giant has hired nearly 30,000 employees in the first six months of 2020 fiscal. “The revenue was lower than expected but hiring was on target. And, the utilization levels are healthy but can improve,” V Ramakrishnan, chief financial officer of TCS added. In fact, the software employer is also implementing ‘<a href="https://economictimes.indiatimes.com/tech/ites/digital-performance-take-top-floor-in-tcs-new-pyramid/articleshow/71589980.cms">pyramid rationalisation</a>’ to make up for the salary expenses. Under this, it will focus on hiring more employees with maximum four years of experience, as compared to those with significantly higher experience in the industry, ET reported. The company witnessed 11.6% attrition rate during FY19. On Monday, the software exporter was also nominated as the most <a href="https://economictimes.indiatimes.com/news/company/corporate-trends/tcs-named-indias-overall-most-outstanding-company-in-asiamoneys-2019-poll/articleshow/71583467.cms">outstanding company in India</a> and the country’s IT services sector, according to Asia's outstanding companies poll by Asiamoney. See also: <a href="https://www.businessinsider.in/careers/news/tcs-plans-to-add-30000-freshers-to-its-ranks-to-reshape-its-cost-structure/articleshow/71524019.cms">TCS plans to add 30,000 freshers to its ranks to reshape its cost structure</a> <a href="https://www.businessinsider.in/infosys-is-hiring-18000-freshers-from-campus-placements/articleshow/70223097.cms">After TCS, Infosys on a hiring spree — plans to add 18,000 freshers via campus placements</a> <a href="https://www.businessinsider.in/tcs-has-36-women-employees-in-the-workforce/articleshow/70190643.cms">TCS is running on women power, with over 150,000 permanent employee</a>

TCS fresh hires can double their salary if they pass an internal test

<ul><li>Women constitute a third (36%) of the total workforce of <keyword id="6357150" type="DOMAIN" weightage="20" keywordseo="tcs">TCS</keyword>. </li><li>The IT company has nearly 436,641 employees onboard with them — with 152,114 permanent women employees. </li><li>Nearly 12,356 new employees have joined the company during the first quarter of the fiscal.</li></ul>A third of employees as India’s largest company TCS, are women. According to the company’s <a href="https://www.tcs.com/content/dam/tcs/investor-relations/financial-statements/2018-19/ar/annual-report-2018-2019.pdf">annual report</a>, women make up for 36% of the company as it aggressively hires them across job roles — including freshers. The IT company has nearly 436,641 employees onboard with them — with 152,114 permanent women employees as on March, 2019. Globally, TCS is one of the largest employers of women in the world. The company claims to be an ‘equal employer’ with an inclusion policy in place. To increase women participation in the workforce, the technology giant provides many employee benefits including extended parental leave, mentoring programme for junior women employees. It also has a virtual support group called ‘Workplace Parents Group’ — to help working mothers. The company’s attrition rate stood at 11.3% for the 2018-19 fiscal. “TCS account teams are better placed to retain the contextual knowledge gained over time, and use that to build differentiated solutions tailored to each customer’s unique requirements, said Milind Lakkad, Global Head, Human Resources. As per a recent press release, the tech giant extended nearly 30,000 joining letters to fresh graduates. It plans to further increase the count by adding <a href="https://www.businessinsider.in/tcs-plans-to-hire-18000-freshers-in-next-3-months/articleshow/70146189.cms">18,000 more</a> over the next three years. Around 12,356 employees have joined the company during the first quarter of the fiscal — which is the highest in the last five years. See also: <a href="https://www.businessinsider.in/tcs-plans-to-hire-18000-freshers-in-next-3-months/articleshow/70146189.cms">TCS to add 18,000 freshers in the next three months</a> <a href="https://www.businessinsider.in/103-employees-in-tcs-received-over-10-million-in-annual-salary-package/articleshow/69768192.cms">TCS has 100 people earning over ₹10 million-- and a third of them started their careers in the company</a> <a href="https://www.businessinsider.in/after-becoming-the-third-largest-it-service-brand-in-the-world-tcs-surpasses-ibm-in-market-cap/articleshow/69741769.cms">After becoming the third largest IT service brand in the world, TCS surpasses IBM in market cap</a>

TCS is running on women power, with over 150,000 permanent employees

<ul><li>TCS plans to add 30,000 freshers to its ranks during this financial year.</li><li>TCS hired the highest number of employees in a quarter during Q2 2019 bringing 14,097 employees onboard.</li><li>The company’s current headcount stands at 450,738.</li></ul>Tata Consultancy Services (TCS) just announced its earnings for the second quarter of the current financial year and even though its <a href="https://www.businessinsider.in/business/news/tcs-q2-earning-report-profit-at-8042-crore/articleshow/71521639.cms">quarterly growth remained flat</a>, it plans to add 30,000 new freshers to its ranks before the end of the year. "When the technology is new or the demand is good, you don’t optimise. But, now that the volumes have started kicking in, we can get younger guys and train them," Rajesh Gopinathan, CEO and MD of TCS, told Business Insider. Last quarter, TCS hired 40% of the planned 30,000 fresh graduates. "It is a part of the plan to keep costs low," added Gopinathan. It hired another 14,097 employees this quarter, the highest ever number of employees that have been on boarded by the company in a quarter. As of 30 September 2019, TCS consolidated headcount stood at 450,738. "By valuing our employees for the contextual knowledge they possess, and continually investing in equipping them with newer technology skills, we have established an industry benchmark in our ability to attract talent across the world," stated Milind Lakkad, the global head of human resources at TCS.

You Searched For "freshers hiring at TCS" and got 12 results

Tata Consultancy Services is hiring college freshers who will graduate in 2022

Vaamanaa Sethi

TCS completes its fresher hiring target three months ahead of schedule but it’s not done yet

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TCS is hiring MBA freshers graduating in 2020, 2021 and 2022 — Here's how you can apply

Vaamanaa Sethi

Hiring slowed down in the IT sector this festive season: Report

Vaamanaa Sethi

Profit margins of IT companies must be under pressure for January-March quarter due to record hiring and salary hikes

Bhakti Makwana

TCS, Infosys, and Wipro hired 2.33 lakh employees in FY22 to tame high attrition

Bhakti Makwana

TCS to kickstart lateral hiring and bring back 5% of its employees to offices

Prabhjote Gill

TCS, Infosys, HCL Tech, and others to see more freshers than lateral hires in the next six months

Prabhjote Gill

A top TCS exec explains what companies are looking for from campus hires this year

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