TCS has undertaken the largest ever hiring effort in its history by adding and integrating 70,400 professionals during 2011-12. Company’s total employee strength is 238,583.
With business demand continuing to be robust, the company has made 43,600 offers on campuses for trainees to join us from the second quarter of this fiscal year
“Our efforts to increase retention by engaging with our employees and offering them a progressive career path are paying dividends with attrition rates falling further to 12.2 per cent”, said Ajoy Mukherjee, Executive Vice President, Head Global Human Resources.
The company said that high utilization rates have been maintained in the fourth quarter with utilization excluding trainees at 80.6 per cent, while utilization including trainees was at 71.3 per cent.
The overall attrition rate was lower at 12.2% with IT attrition at a low of 11.05 per cent and BPO attrition at 21.6% on a LTM basis. The campus hiring process in India has been completed for FY12.