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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><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

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>Indian IT services giant <keyword id="6357150" type="General" weightage="100" keywordseo="tcs" source="Orion">TCS</keyword> reported a subdued first quarter of FY23, with its profit missing analyst estimates.</li><li>The company also reported an increase in attrition rates and a slowdown in hiring, reflective of a challenging business environment.</li><li>It revealed that its headcount is now over 6 lakh, despite 1 in 5 employees quitting in the June quarter.</li></ul>India’s largest tech company TCS today saw the full impact of resignations, churn and the resultant salary hikes for the quarter — all of which shaved off its profit margins by 150 basis points. Even in this high cost regime, the company chose to add employees - with net additions touching 14,136 over the last quarter. And, it also crossed a milestone of 6 lakh employees – and its total headcount is now at 6,06,331. That means it added 155 new employees every day. <table style="border-width: initial; border-style: none;" class="redcator-table-advance"></colgroup><tbody><tr><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 1pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">Quarter </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 1pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">Attrition rate </td></tr><tr><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 1pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">Q1 FY22 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 1pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">8.6% </td></tr><tr><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">Q2 FY22 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">11.9% </td></tr><tr><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">Q3 FY22 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">15.3% </td></tr><tr><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">Q4 FY22 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">17.4% </td></tr><tr><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">Q1 FY23 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">19.7% </td></tr></tbody><tbody></tbody><tbody></tbody></table> Source: Company reports Last quarter, it added over 35,000 employees. This is also a reflection of the number of people who have been quitting, as its attrition rate hit the highest at 19.7% — that’s more than double of what it was in the same quarter last year. TCS admits that it’s a grave problem, but it will continue to ‘spend’ money to acquire talent. “We are making these investments to capture demand,” said Rajesh Gopinath, the CEO of TCS, at the earnings press conference. <cmsannotation type="cmsannotation" annotationid="Salary hikes in 5-8% range but top performers got better hikes" comment="subhead" text="Salary hikes in 5-8% range but top performers got better hikes">Salary hikes in 5-8% range but top performers got better hikes</cmsannotation> The company said its employees received salary hikes ranging between 5-8%, while top performers got even bigger hikes — without divulging details. Overall, TCS has set a target of hiring 40,000 freshers this year. This went down from the 1 lakh target it had set last year. However, the company said it is on track to achieve its FY23 fresher hiring target. TCS said that its workforce is diverse, comprising 153 nationalities and with women making up 35.5% of the base. It also claims to invest in organic talent development. “In the first quarter, TCSers clocked 12 million learning hours, resulting in the acquisition of 1.7 million competencies,” the company said in a press release. It also accelerated its ‘return to office’ programme in Q1, with about 20% of the workforce now working from the office. Tata Consultancy Services or TCS posted a 5% growth in net profits in the first quarter of FY23 at ₹9,478 crore; but its net profits fell by 5% on a quarterly basis – as it was hit by increased costs most of which was employee benefits. Its travel costs too ate into the profits even as its revenues grew by 16% on a yearly basis. 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TCS crosses the 6 lakh employee milestone even as 1 in 5 quit in the first quarter

<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><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>

You Searched For "tcs freshers" and got 8 results

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TCS crosses the 6 lakh employee milestone even as 1 in 5 quit in the first quarter

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

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