Know how TCS plans to up its employees’ efficiency
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In a bid to exploit efficiency, Tata Consultancy Services (TCS ) has decided to reduce the time that each employee spends on one project. As per an Economic Times report, the company has made this move to bring down its attrition rate that at present is at an eight-quarter high.
TCS global HR, Ajoy Mukerjee says, "Mobility is important and time factor needs to be reviewed. Rotation (between) roles probably needs to happen a bit faster because this generation wants everything fast. Although nothing is defined, depending on the ability of roles, it needs to be faster than 1.5-2 years."
By reducing the time on a single project to about one year, TCS will become the most flexible organization in the industry. Since large employers like TCS are not able to provide benefits like alteration in salary structure, quick project transition, postings at home and international to its employees, this affects employees’ loyalty towards the firm.
Even analysts have admitted the fact that being unable to get off a project may lead people to leave the firm. A Mumbai-based analyst, on condition of anonymity said, "It could help lower attrition since being unable to get off a project does cause people to leave. But if they bring down minimum time spent on a project too much, it could upset clients, who typically prefer the people on their projects to stay for a while."
Another analystGirish Pai who is associated with Nirmal Bang, said, "In the employee pyramid, there was strong attrition in the range of 3-6 years.”
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The company, reportedly, clocked a 15.9% attrition rate in the quarter that ended last month.TCS global HR, Ajoy Mukerjee says, "Mobility is important and time factor needs to be reviewed. Rotation (between) roles probably needs to happen a bit faster because this generation wants everything fast. Although nothing is defined, depending on the ability of roles, it needs to be faster than 1.5-2 years."
By reducing the time on a single project to about one year, TCS will become the most flexible organization in the industry. Since large employers like TCS are not able to provide benefits like alteration in salary structure, quick project transition, postings at home and international to its employees, this affects employees’ loyalty towards the firm.
Even analysts have admitted the fact that being unable to get off a project may lead people to leave the firm. A Mumbai-based analyst, on condition of anonymity said, "It could help lower attrition since being unable to get off a project does cause people to leave. But if they bring down minimum time spent on a project too much, it could upset clients, who typically prefer the people on their projects to stay for a while."
Another analyst
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