Article: Key reasons for growth of TCS as an employer

Talent Acquisition

Key reasons for growth of TCS as an employer

While other tech companies are laying off employees, TCS is constantly rising its employee strength

In the times of shifting technologies, the versatility of the employees & workforce management would be very crucial in retaining & gaining market share for tech companies.

IBM, HP & TCS are currently the biggest tech employers worldwide in that order. However, the interesting fact is that out of these top 3, TCS is the only company to witness growth in people strength this fiscal year. All the major tech companies including IBM & HP are in the midst of layoffs.

As per a study by Greyhound Research, it is imperative that TCS will surpass HP and become the second biggest tech employer of the world by the end of this fiscal year. Another research conducted by Bloomberg claims that efficient workforce management has further led TCS to gain an unprecedented momentum in climbing the ladder to become the second most valuable IT firm globally with a market capital of $60 billion.

This could be accredited to the right focus areas identified by the company, effective management of employees, proficient recruitment strategies, control over high operating margins and shift towards the Digital Five Forces- mobility, big data, cloud, social media & robotics.

The biggest contributor of all is the employee pyramid management which increases the execution capability & the reach of the company in various geographies.

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Topics: Talent Acquisition, #Trends, #BestPractices

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