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TCS to employ 13500 during 2005-06
By agencies
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Wednesday, 22 June 2005, 19:30 IST
MUMBAI: Tata Consultancy Services Ltd (TCS) will recruit 13,500 people during 2005-06, including 2,000 from abroad.
"The company will recruit 13,500 personnel during the year against 10,000 last year. Over 6,500 would be recruited through campus recruitment," TCS Global Human Resource Development Head S Padmanabhan said.
Padmanabhan said the company would focus on Tier I educational institutions for campus recruitment. Recently, the company recruited 58 from Indian Institute of Managements (IIMs) and 150 from secondary level management schools.
As per the statistics of March 2005, TCS employs 45,714 employees as compared to 43,681 on December 2004. Over 3.5 percent of work force is of non-Indian nationality.
He said the recruitment for non-Indian nationality would be mainly done from East Europe, Australia and U.S. Expertise in software developing requirements would be a key criterion for recruitment in these regions.
"The average salary for the freshers joining as trainees is Rs 250,000 to Rs 350,000 per annum while trainees from management school fetch Rs 550,000 per annum," he said.
Padmanabhan said 21 percent of the TCS workforce are women and the company would make conscious effort to increase their number. However, the company would not opt for gender-based recruitment to promote women employment, he said.
Referring to the attrition rate, he said 57 percent of associates in TCS have greater than three year experience and the attrition rate for the company is eight percent in FY`05.