TCS to Hire 40,000 Freshers this Year. TCS announced regarding its recruitment process that this year they will be adding 40,000 freshers across India.
TCS to Hire 40,000 Freshers
There are changes taking place in the global IT industry, and India continues to be a key hub for talent. During the June quarter alone, TCS added 5,452 new employees, bringing its total workforce to 6,06,998.
Milind Lakkad, TCS’s Chief Human Resources Officer (CHRO), mentioned India’s ongoing importance in the talent market despite various skill requirements and geopolitical challenges elsewhere. “India is the destination for talent, and that is not going to change in the near future,” Lakkad said. “I am very confident about a positive way forward for Indian talent,” he added.
In response to concerns about AI impacting employment, Lakkad assured that TCS employees can adapt to the changes brought about by the technology. There have been salary increases of 4.5% to 7% implemented at TCS, with high performers receiving bonuses of 10-12%. By providing accelerated learning paths, the Elevate Runway program further encourages career growth, particularly for junior employees.
According to Lakkad, about 70% of employees have returned to work, and the new policy aims to maintain discipline and create a positive work environment.
“We have come to a point where with just 70% plus number I’m very happy. The point of whether we continue for one quarter, two quarters, three quarters or for the year is something we’ll decide. This is not something that we want to do to punish people. This is the last measure we have taken now. The last measure we have taken to basically make sure that people who do not understand or have not yet understood the value of coming to work, they do understand,” he said.
