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TCS Will Hire 55,000 Employees This FY, Including 25,000 Freshers
 
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TCS Will Hire 55,000 Employees This FY, Including 25,000 Freshers  
 
The company will give 14 per cent hike for the high achievers domestically, with the rest getting a 10 per cent hike.   
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Friday, April 18, 2014 After hiring 61,200 employees as against a target of 50,000 in the just concluded FY, Tata Consultancy Services, a leading IT services, consulting and business solutions organisation will now hire 55,000 employees this fiscal, including 25,000 freshers. TCS Executive Vice-President and Global Human Resources Head Ajoy Mukherjee revealed the same in Mumbai while announcing a 48.2 per cent rise in net income for the company in the last quarter of the past fiscal.

TCS, Employees, Freshers, hike, FY 2014, IT services, Ajoy Mukherjee, net income, campus hiring , Brand Finance




"We are planning to hire 55,000 this fiscal. We have already said that as far as campus hiring is concerned, it will be 25,000," Mukherjee was quoted as saying. The company has already dispatched offer letters for fresh recruits, who will be joining the sprawling team at TCS from 1 June, 2014. Meanwhile, the company will give 14 per cent hike for the high achievers domestically, with the rest getting a 10 per cent hike. On the globl front, increments will vary from 2-4 per cent in the developed markets to 4-6 per cent in developing markets."It has been a phenomenal year from our point of view and our employee point of view. Everybody will be happy with the increments which we are going to give," Mukherjee added.

Recently, TCS was recognised as the fastest growing IT Services brand globally by Brand Finance, the world’s leading brand valuation firm. Brand Finance assesses the dollar value of the reputation, image and intellectual property of the world’s leading companies. The annual report ranks TCS as the fastest growing brand within the IT services sector, with the company’s overall brand value increasing by US$3.04 billion in 2013; a growth rate of 58 per cent year-on-year.

Saurabh Singh, EFYTIMES News Network


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