Tata Consultancy Services (TCS), the country's largest information technology services company, will hire 50 per cent more students from campuses for 2011-12.
TCS said trainees joining it this fiscal would not be eligible for variable pay of about Rs 5,000 a month in the first six months.
IT major Tata Consultancy Services plans to hire 37,000 professionals for its domestic and overseas markets through campus placements in the next fiscal.
IT major Tata Consultancy Services plans to hire 37,000 professionals for its domestic and overseas markets through campus placements in the next fiscal.
Given the potential for growth, IT major, Tata Consultancy Services, is looking at hiring 8,300 trainees and around 3,000 laterals or experienced persons in Q4 FY10, a senior company official said.
Hike in H1-B visas indicates that the company is winning new deals, for which projects initially need employees onsite.
The expenditure on human resources works out to 50 to 55 per cent of the reveneus of the company and it expects to optimise its cost through a proper mix of hiring trainees and profesionals. Ajoyendra Mukherjee, Vice-President and Head, Global HR of TCS told reporters in Mumbai on Thursday in the first quarter last year, the company had a hiring mix of 62 per cent professionals and 38 per cent trainees.
TCS is likely to hire hire 55,000 employees in FY15 .
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