Business Daily from THE HINDU group of publications Friday, Jan 18, 2008 ePaper | Mobile/PDA Version |
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Info-Tech
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Human Resources
Mumbai, Jan. 17 TCS has already made 22,000 campus offers for next year, Mr S Padmanabhan, Executive Director, Human Resources, has said. In the third quarter of the current fiscal, TCS saw a gross addition of 7522 employees. “At the end of the current quarter, we have 108,229 professionals. Most importantly, we have been able to maintain utilisation rates of 77.7 per cent,” he said. The attrition rate has gone up to 12.2 per cent from 11.5 per cent in the previous sequential quarter. However, it still continues to be the lowest in an industry dominated by attrition rates to the tune of 15- 17 per cent. Foreign nationals formed about 8.3 per cent of the total employee base, said Mr Padmanabhan. Forty nine percent of the employees have over three years of experience. At the end of the current fiscal, TCS will have added about 32,500 employees in the year. – Our Bureau More Stories on : Human Resources | Software | Tata Consultancy Services Ltd
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