TCS: HR News, Trends & Workplace Insights

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

Updated on: Jun 2020
Tata Steel to honour all job offers to new hires
Coronavirus

Tata Steel to honour all job offers to new hires

Tata Steel has confirmed that it will honour all job offers made to new hires. The company has conducted online onboarding of 96 officers, including management trainees over the months of April and May. “We have ensured that all the candidates that accepted their offers for jobs were on-boarded on the date committed to them,” […]

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HCL to pay bonuses, no pay cuts, honour existing offers
Coronavirus

HCL to pay bonuses, no pay cuts, honour existing offers

IT firm, HCL has emphatically declared that despite the slowdown, and the economic impact of coronavirus, they will pay all promised bonuses all 150,000 employees, will honour the nearly 15,000 job offers already made to freshers, and no salary cuts for any employee. Apparao VV, Chief Human Resources Officer, HCL said that HCL won’t roll […]

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TCS top management takes pay cut as COVID-19 impact
Coronavirus

TCS top management takes pay cut as COVID-19 impact

TCS top management takes pay cut in financial year 2020 to conserve cash amid Covid-19 Tata Consultancy Services (TCS) has said in an annual report, Chief Executive Officer, Rajesh Gopinathan’s remuneration shrank 16.5% to INR 13.3 crore in 2019-20 compared to the previous fiscal. Gopinathan’s pay package is 214.65 times the median salary of TCS. In […]

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Govt extends deadline for filing ITR for FY20
Coronavirus

Govt extends deadline for filing ITR for FY20

In the announcement of the economic relief package, Finance Minister Nirmala Sitharaman said that the due date for Income Tax Returns for the year 2019-2020 is now being extended from July 31, 2020, and October 31, 2020 to November 30, 2020. She said, “Due date for all income-tax return for FY 2019-20 will be extended […]

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Infosys returns back to offices with 5% of its staff
Industry

Infosys returns back to offices with 5% of its staff

Bengaluru-based information technology (IT) major Infosys Ltd is reopening its offices in a staggered manner, with necessary precautions like temperature checks, sanitized office vehicles, alternate seating arrangements in official transport, & compulsory masks, etc. Infosys confirmed in a tweeted on 7 May “As lockdowns begin to ease across India, our CEO Salil Parekh, along with […]

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HCL Tech to hire 15,000 freshers, lateral hiring on hold
Coronavirus

HCL Tech to hire 15,000 freshers, lateral hiring on hold

HCL Tech to hire 15000 freshers, but lateral hiring on hold amid COVID-19 in 2020 On 07 May 2020, C Vijayakumar, Chief Executive Officer, HCL Technologies said the company is expected to get 15,000 freshers onboard in 2020 but it will be placing lateral hiring on hold. Due to the Covid-19 pandemic, many customers have […]

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30% workforce of Tech Mahindra may WFH till March 21
Jobs

30% workforce of Tech Mahindra may WFH till March 21

Tech Mahindra will be giving the liberty to 25-30% of its workforce to work from home till March 2021. Tech Mahindra said that it is in discussions with its clients to allow 25-30% of its employees to work from home (WFH) at least till March 2021. But amidst all these, one of the most crucial factors is data […]

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Tech Mahindra deferred incentives & wage hikes, No layoffs
Coronavirus

Tech Mahindra deferred incentives & wage hikes, No layoffs

Tech Mahindra puts wage hikes and incentives on hold, but says no layoffs. Tech Mahindra is putting on hold incentives and wage hikes until there is more clarity on business as the coronavirus outbreak has disrupted operations worldwide. However, its junior associates will get their remuneration packages in full. Besides, undisclosed salary cuts also have been […]

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POST COVID-19: 75% TCS employees to work from home
Coronavirus

POST COVID-19: 75% TCS employees to work from home

According to a report published in Business Today, Tata Consultancy Services (TCS) will ask 75 percent of its 4.48 lakh employees to work from home by 2025. The new secure borderless workspaces (SBWS) model has improved the company’s velocity by 25%. It means that TCS could shift to WHM as a ‘New-Normal’ once lockdown opens. […]

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Infosys suspends hiring, promotions, and salary hikes
Coronavirus

Infosys suspends hiring, promotions, and salary hikes

Infosys Ltd, India’s second-largest IT company has suspended new hirings, promotions, and increments for FY21 to control costs in the wake of COVID-19. However, the company said it will honour all job offers already made. “Infosys intends to not only nurture its vast pool of digital talent in a high-productivity environment, but also honour the job […]

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TCS not to lay off employees, freezes salary hikes
Coronavirus

TCS not to lay off employees, freezes salary hikes

MUMBAI:Largest Indian software exporter TCS on Thursday said it will not retrench any of its nearly 4.5 lakh employees, but has decided not to give any salary hikes this year. The Tata group company said it will honour each of its commitments on new hires by taking all the 40,000 people who have been given offers […]

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