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R.Y. Narayanan

While the number of non-Indians joining TCS is witnessing a slow upturn, the onsite work's share has slightly come down.

Coimbatore , May 1

THAT the software engineering graduates had never had it so good as last year with frenzied recruitment all around is confirmed by the fact that IT major Tata Consultancy Services (TCS) had virtually gone on a recruitment binge by upping its staff strength by more than 30 per cent in a single year.

In the HR Update which the company has provided along with the latest financial results on its Web site www.TCS.com, it said that as on March , it had an employee strength of 40,992, which is about 30 per cent higher than 30,121 as on March 2004. Much of the additionhad taken place during April-December 2004.

But the rate of attrition has also been growing in the last two years after a slight dip in 2002-03.

While it was 3.6 per cent in FY 02, it dropped marginally to 2.8 per cent in FY 03. But since then, it has steadily climbed up — 5.9 per cent in FY 04 and 8 per cent in FY 2005. During the last financial year, a total of 3,305 TCS employees had left. The gross addition during the year was 14,176.

The male-female employee ratio, which was heavily loaded in favour of the former, seems to be changing too. At the end of March 2005, the percentage of female employees in TCS was 21.6 per cent compared to 21 per cent at the end of the previous two quarters and 20 per cent at the end of June 2004.

In terms of actual number, this should be significant since the employee strength has seen a substantial accretion during the last financial year.

The number of non-Indians joining TCS is also witnessing a slow upturn. The company, as at the end of March 2005, had 1,448 non-Indian nationals on its workforce constituting 3.5 per cent of its associate base, compared with 3.4 per cent in the previous quarter. It was 3.1 per cent at the end of Q 2 and 2.9 per cent at the end of Q 1 of the 2004-05 FY.

On the revenue front, TCS saidthat 61.31 per cent of its revenue had come from onsite work and offshore work accounted for 38.69 per cent in 2004-05. Compared to the previous financial year (2003-04), while the contribution of offshore work (delivery location) had gone up, the onsite work's share had slightly come down. The company said `the onsite: offshore mix has remained at the same level as the last quarter' (in near 60: 40 ratio). It said `the mix is expected to move towards offshore in the subsequent quarters'.

In terms of geography-wise revenue, while the Americas continue to be the single largest source of revenue in terms of percentage, it has shown a downturn with Europe increasing its share during 2004-05, compared to the previous year.

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