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Apr 19, 2014
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At 40%, TCS miles ahead of Infy in retaining employees
Tata Consultancy Services (TCS), India’s largest IT services exporter, has clearly outstripped its nearest rival, Infosys, on the human resource (HR) parameter as well, retaining 40% of the total employees hired during FY14. On the other hand, Infosys was able to retain only 9% of the total employees hired in the fiscal.In FY14, gross employee hiring at TCS was 61,200 while the net addition was 24,268, which works out to an absorption ratio of 40%. In the case of Infosys, the total gross addition was 39,985 while the net intake was only 3,717, which results in an absorption rate of 9.2%.
Source -
http://www.financialexpress.com
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