TCS adds 35,209 employees in Q4FY22 on a net basis

In Q4, TCS added 35,209 employees on a net basis, the highest ever net addition in a quarter. Employee headcount stood at 592,195, a net addition of 103,546 during the year, another all-time high. The workforce continues to be very diverse, comprising 153 nationalities and with women making up 35.6% of the workforce.

TCS' focus on organic talent development continues to produce best in class outcomes. In Q4, TCSers logged 22 million learning hours. For the full year, the company's investments in learning and development resulted in the workforce acquiring 3.5 million digital competencies. The number of Contextual Masters crossed 50,000 - another key milestone in the journey to scale growth and transformation capabilities within the organization.

The company's philosophy of investing in people, and its progressive workplace policies have resulted in industry leading retention in an environment of increased churn. IT services attrition continued to climb, reaching 17.4%. However, incremental attrition has moderated.

Shares of Tata Consultancy Services Limited was last trading in BSE at Rs. 3696.40 as compared to the previous close of Rs. 3686.85. The total number of shares traded during the day was 168596 in over 20551 trades.

The stock hit an intraday high of Rs. 3711.25 and intraday low of 3656.85. The net turnover during the day was Rs. 622354951.00.

Source : Equity Bulls

Keywords

TataConsultancyServices INE467B01029 TCS HumanResources EmployeeAddition Q4FY22 Highest