Tata Consultancy Services which is on a cost control drive plans to optimise cost through hiring mix with inducting more number of trainees compared to professionals.
The expenditure on human resources works out to 50 to 55 per cent of the reveneus of the company and it expects to optimise its cost through a proper mix of hiring trainees and profesionals.
Ajoyendra Mukherjee, Vice-President and Head, Global HR of TCS told reporters in Mumbai on Thursday in the first quarter last year, the company had a hiring mix of 62 per cent professionals and 38 per cent trainees.
Whereas in the first quarter of this year, out of every 100 employees hired, 61 were trainees and 39 were professionals.
He said the trend will continue in the rest of the year as well with at least 60 per cent of new recruits being trainees.
He said the company also plans to use employee referral system to reduce cost while hiring new people.
He also informed the attrition in the company is leveling out with the company focussing on retaining high performers.
Meanwhile, the number of foreign nationals working with TCS has crossed the 10,000 mark which is a record for any Indian IT company.
The company which had only 3,691 employees in the year 1990-91 today has over 1,16,000 employees on its roll making it the largest employer in the IT industry in the country, according to a company handout.
