TCS high on hiring spree

TCS (Tata Consultancy Services) is on a hiring spree and is planning to generate more jobs for engineering graduates.

TCS is amongst India's largest information technology (IT) services provider, and it has made 37, 800 offers for the current fiscal year. Till date it has made campus offers to 43,600 engineering graduates for 2012-13. It is the highest ever number for the company. This is an indication that the level of growth will come back with the bang in the latter half of 2012.

This number is for engineering graduates at Indian campuses. Once the company is done with the business plan for the fiscal year, then it will announce the hiring plan for 2012-13 by the end of March. The hiring plan will also include hiring from foreign campuses and lateral (experienced) offers. (Read full report)

TCS is planning to hire about 66, 000 employees in 2011-12, and it has added 51,000 employees (both lateral and campus hires) in the last three quarters and it is expected to add another 15, 000 in the existing quarter. Out of this huge number, 9000 will be freshers. The ratio of freshers to laterals was 70:30 in the third quarter.

TCS has also made some modifications in its strategy for applying to visa to the US. Owing to the higher rejection rates, it has reduced its reliance on the L-1 visa category, and increased applications for H1-B visas. In 2011, TCS had applied for 4, 500 H1-B visas, considerably higher than the 1,500 H1-B visas applied for in 2010.

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