Stock Report

TCS employee count at 528,748 as of September 30, 2021



Posted On : 2021-10-08 18:43:34( TIMEZONE : IST )

TCS employee count at 528,748 as of September 30, 2021

Tata Consultancy Services Ltd's (TCS) ability to attract and retain talent at scale, and its continued investments in organic talent development, have enabled it to fulfill much of the incremental demand in newer technologies using internal candidates. Employees logged over 14.3 million learning hours in Q2. Over 496,000 employees have been trained in Agile methods and over 417,000 employees have been trained on multiple new technologies.

TCS added 19,690 employees on a net basis in Q2, taking the total employee base to 528,748 as of September 30. It continues to be a very diverse workforce, comprising 157 nationalities and with women making up 36.2% of the base.

TCS' philosophy of investing in people and its progressive workplace policies have resulted in industry-leading talent retention. IT Services attrition rate (LTM) was at 11.9%, the lowest in the industry.

"This has been a fulfilling quarter in more ways than one. We brought on board a record number of 43,000 fresh graduates in the last six months. Our Shift-Left training strategy has helped us significantly accelerate their deployment. Investing ahead of time in building our own pipeline of talent has helped us overcome supply-side challenges, and meet the execution timelines of our customers' growth and transformation programs. By focusing on organic talent development and by linking learning with careers, we have kept employee satisfaction levels high. At the same time, we continue to scale up programs like Contextual Masters and Elevate to groom the G&T leaders for the workforce of tomorrow," said Milind Lakkad, Chief HR Officer. "With 70% of TCSers fully vaccinated, and over 95% having received at least one dose, we plan to gradually get our workforce back in office by the end of this year."

Shares of Tata Consultancy Services Limited was last trading in BSE at Rs. 3935.30 as compared to the previous close of Rs. 3892.60. The total number of shares traded during the day was 97634 in over 9288 trades.

The stock hit an intraday high of Rs. 3990.00 and intraday low of 3898.95. The net turnover during the day was Rs. 385471417.00.

Source : Equity Bulls

Keywords

TataConsultancyServices TCS INE467B01029 ITConsultingandSoftware Headcount HumanResources @TCS