TCS to hire 45,000 engineers for fiscal 2013


Mumbai, Oct 18: The country's largest software exporter Tata Consultancy Services will give out 45,000 offers to fresh engineers for fiscal 2013 through its annual campus recruitment drive, a top company official has said.

In comparison, the Tata group company had given 37,000 offers to engineering graduates for the current fiscal.

TCS, which had started the process of approaching campuses in August, has already made 35,000 offers to students in over 200 campuses, Mr Ajoy Mukherjee, Executive Vice-President and Global Head, Human Resources, told newspersons, here on Tuesday.

Assuming a joining ratio of 70 per cent, this translates into an addition of 31,500 more employees to the IT major's rolls.

However, TCS has not tinkered with the salary structure of its campus recruits. A fresh engineering graduate's overall package continues to be around 3.15 lakh per year.

Also, the company will now will scout for fresh engineers during the seventh semester of the academic year as against the eighth semester.

“Given the volumes that we are looking at and the feedback we have got from the colleges we will now begin the campus recruitment drive in the seventh semester. The process will continue till January next year,” said Mr Mukherjee.

It may be recalled that TCS and other IT companies had decided in 2009 to hire only in the middle or towards the end of eighth semester.

“Some institutions have given us a feedback that the eighth semester may not be a good idea since many technical institutions send students for practical training then. As a result, they miss out on placement opportunities,” Mr Mukherjee had said in an earlier interaction.

In the ongoing quarter, TCS expects to get on board another 17,000 to 20,000 employees.