IT Companies: HR News, Trends & Workplace Insights

Latest IT Companies HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on IT Companies.

Updated on: Oct 2022
TCS elucidated its stand on Moonlighting
Industry

TCS elucidated its stand on Moonlighting

Yesterday, India’s largest IT services provider, Tata Consultancy Services (TCS) has announced its second-quarter results ending on September 30, 2022. The company added 9,840 employees in the September quarter and the total headcount stood at 6,16,171. TCS hired 20,000 freshers in Q2, an increase of 33% over the previous quarter. However, freshers hiring have slowed down. […]

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Hyderabad IT companies worry about moonlighting, running checks
Industry

Hyderabad IT companies worry about moonlighting, running checks

The Hyderabad IT companies are checking the employees in case of dual employment. However, this is taking a hard issue. The companies are running a dual employment check on employees on EPFO (Employees’ Provident Fund Organisation) website. Some companies have put their legal department on the job to redraft appointment letters. A US-based IT services […]

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Over 2 Lakh employees left in last 1 year from these IT companies
Industry

Over 2 Lakh employees left in last 1 year from these IT companies

India’s IT sector has been dealing with an all-time high attrition rate over the last few quarters. Amid the rising attrition, IT companies are also fighting with issues such as moonlighting, shortage of digital talent, rising demand for tech talent, and increased compensation. Tata Consultancy Services (TCS), Infosys, and Wipro – the top three IT […]

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Can Moonlighting Be Allowed?- Global HR Experts’ Perspective
Hot Topic

Can Moonlighting Be Allowed?- Global HR Experts’ Perspective

The issue of moonlighting by tech professionals has ignited a fresh debate, polarising opinions and raising thorny questions like; what are the reasons for Moonlighting? Is it a legal issue/ethical issue/HR issue/social issue? Moonlighting refers to employees taking up side gigs to work on more than one job at a time. It can be defined as working […]

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Moonlighting gets government support
Industry

Moonlighting gets government support

Commenting on the controversial issue of Moonlighting, Union Minister of State for Electronics and IT and Skill Development Rajeev Chandrashekhar said, “Companies that try to prevent employees from working on their own startups or consulting for other firms is a doomed-to-fail exercise.” On September 23, while addressing an event of the Public Affairs Forum of India (PAFI), the Minister […]

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Working for 2 firms at same time is against trust, Infosys Ex- CEO
Industry

Working for 2 firms at same time is against trust, Infosys Ex- CEO

Earlier, India’s second-largest IT services provider, Infosys said that moonlighting is not permitted according to the employees’ code of conduct of the company. Infosys describes this with the taglines ‘No two-timing, no moonlighting’ and ‘No double lives’. Infosys has sent an internal communication email to employees. Moonlighting is a kind of practice when someone is taking up a […]

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TCS calls moonlighting an ethical issue, Tech Mahindra encourages
Industry

TCS calls moonlighting an ethical issue, Tech Mahindra encourages

Moonlighting is a kind of practice when someone is taking up a second job during or outside the normal business hours of primary employment. However, in India, as per the Labour Law, if you are fully employed, you cannot have your own business or even work elsewhere. Most private organizations also have policies that prohibit moonlighting […]

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IT companies will generate one crore jobs by 2025-26: Union Minister
Jobs

IT companies will generate one crore jobs by 2025-26: Union Minister

Union minister Rajeev Chandrasekhar on Friday expressed confidence that the Information Technology (IT companies) and allied sectors will create nearly one crore jobs by 2025-26. Speaking at a press conference here, the minister of state for Electronics and Information Technology said the IT sector has created 10 lakh new jobs in the country this year so far. “Our target is to […]

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IT companies acquire smaller firms to shift to delivering digital-led projects
Industry

IT companies acquire smaller firms to shift to delivering digital-led projects

The IT companies in India have increased the acquiring specialized companies to scale up digital capacity. Experts said, this process of building internal capacity for digital projects can be very long and delivery can become even more complex. They added that the process of acquisitions allows them to gain immediate access to features, enter newer […]

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IT companies to raise entry-level salaries for fresh graduates
Industry

IT companies to raise entry-level salaries for fresh graduates

As entry-level employees in India’s IT companies continue to rise faster, the IT firms are now focusing on hiring fresh graduates and increasing their salaries. Apparao V.V., Chief Human Resources Officer, HCL Technologies said, “The salaries for entry-level engineers have been revised to Rs 4.25 lakh this year from Rs 3.65 lakh. We are also […]

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Karnataka IT Companies Will Continue Work From Home: Deputy CM
Jobs

Karnataka IT Companies Will Continue Work From Home: Deputy CM

Karnataka IT Companies Will Continue Work From Home: Deputy CM The Karnataka government on Thursday said it will not ask IT companies to open office spaces and that the work from home arrangement that is currently in place may continue for a few more months due to prevailing COVID-19 situation. Deputy Chief Minister CN Ashwath […]

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Capgemini India continues to hire even in COVID-19 crisis
Coronavirus

Capgemini India continues to hire even in COVID-19 crisis

At a time of crisis when most of the companies have hit a pause on hiring, IT major Capgemini will continue to hire as per plans and digitally onboard new employees in India despite the challenges arising due to the COVID-19 outbreak. Already in last weeks, Capgemini made it clear that the company will honour […]

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