TCS in kissing range of two-lakh employee benchmark
Thursday, 21st April 2011
With a total employee strength of 198,614, TCS is kissingly close to crossing the two lakh employee benchmark.
Rapid growth in business demand during FY11 resulted in the largest ever hiring effort in TCS' history with a gross addition of 69,685 professionals during the year.
"With business demand continuing to grow, we have made 37,396 offers on campuses for trainees to join us during 2011.� said Ajoy Mukherjee, Vice President, Head, Global Human Resources. �We remain focused on developing competencies and retaining our people.�
The average age of a TCS employee is 28 yrs and 57% of the workforce has more than 3 yrs experience while 30.3% of the workforce comprised of women.
High utilization rates have been maintained in the fourth quarter with utilization excluding trainees at 82.4 per cent, while utilization including trainees was at 75.1 percent.
Attrition rates continued to be stable at 14.4% on a LTM basis.
The campus hiring process in India has been completed for FY12. The company visited 343 campuses and released 37,396 offers to students to join during FY12.
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