Tech

With 40,000, TCS is one of USs biggest job creators

BENGALURU: Tata Consultancy Services (TCS) is one of the top job creators in the US, Milind Lakkad, the companys global HR head said. He did not disclose any numbers, but sources told TOI the company has about 40,000 people in the US, almost 10% of its total workforce and the highest among its Indian IT peers. Currently, the company has 872 open positions in the US, including 644 in technology.

Asked whether TCS would make higher net additions onsite in the coming quarters, Lakkad said the numbers are not going to change significantly. “We already have a significant number,” he said. When TCSs employee strength was 3.18 lakh, Amsterdam-based The Top Employer Institute had said TCS has over 30,000 people in the US working across 450 locations.

With its business improving, TCSs overall hiring has picked up sharply in recent quarters. It made a net addition of 12,356 employees in the June quarter, its highest in 5 years, taking the total headcount to 4.36 lakh people.

US hiring has increased for most IT players as part of the effort to overcome visa hurdles and also because of the need to be closer to clients to deliver some of the new-age digital solutions. Infosys has about 27,000 employees in the US. The number of US locals in Wipros US employee base stood at 63.7% as of March this year, compared to 46.2% two years prior to that.

Lakkad said TCS has given 100% of the quarterly variable payout to 85% of its employees, but for

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