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Over 2 Lakh Women in TCS Workforce

Over 2 Lakh Women in TCS Workforce

Tata Consultancy Services announced that it has achieved a big diversity goal in the third quarter of the financial year 2021, with the total participation of 2,00,000 women in its quickly growing workforce.

 

The entire employee count at TCS stood at 5,56,986 as on December 31, 2021. The Company added 28,238 employees in the past year. What is commendable is that the growth in the number of women holding senior level positions between 2016 and 2021 was observed to be 68 per cent!

 

In addition to the 43,000 freshers the Company hired in H1, it has further added 34,000 fresh graduates in Q3 in its workforce. This is the highest fresher hiring in the Company’s history.

 

Due to the tech major’s local talent hiring policy, across all its global locations, it also boasts of a high level of regional diversity, employing people from 156 nationalities.

 

The company has allegedly filled almost one-third of the open positions internally, through up-skilling or cross-skilling of its current workforce.

 

The attrition rate for the third quarter for TCS stood at 15.3 per cent, which the Indian multinational claims to be the lowest in the IT services industry.

 

According to Milind Lakkad, CHRO, TCS, the Company has always believed in giving preference to internal candidates the choice to apply for and fill the best positions and offers them the opportunity to opt for global postings. The Company focuses on fast tracking its employees’ career paths through learning.

 

TCS has also announced a Rs18,000 crore share buyback at 17 per cent premium after reporting strong quarterly earnings, boosted by sustained demand for its digital services.

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