Eligibility Criteria, Application Deadlines, and Salary Packages Revealed
Tata Consultancy Services (TCS), a cornerstone of India’s IT services sector, has taken a proactive step by launching its fresher hiring process for the fiscal year 2024-25, marking a positive turn in the IT job market.
In a welcome move for engineering graduates amidst widespread recruitment freezes across the IT industry, TCS has opened its doors to applicants from the BTech, BE, MCA, MSc, and MS batches of 2024. The application window is set to close on April 10, with examinations scheduled for April 26, according to details provided on the company’s career portal.
TCS is offering positions in three distinct categories: Ninja, Digital, and Prime, each coming with its own corresponding salary package. The Ninja category boasts an annual package of Rs 3.36 lakhs, while the Digital and Prime categories offer Rs 7 lakhs and Rs 9-11.5 lakhs per annum, respectively.
While specific hiring targets have not been disclosed, TCS remains a frontrunner in the IT recruitment landscape, leaving aspiring candidates curious about the number of offer letters that will be issued.
This announcement follows TCS management’s disclosure in January of the commencement of the fresher recruitment process for the fiscal year 2024-25. Milind Lakkad, Chief HR Officer at TCS, expressed optimism regarding the campus hiring drive, anticipating a substantial influx of fresh talent. While precise figures are yet to be finalized, Lakkad hinted at a considerable volume of hires, underscoring TCS’s sustained growth trajectory.
In contrast, rival Infosys indicated in January a lack of immediate campus hiring requirements, although reports suggest targeted hiring for niche roles occurred in February. Infosys’s flexi-hiring model and emphasis on utilization rates remain pivotal amidst market uncertainties. Nonetheless, the IT sector has witnessed improvements in utilization and attrition rates compared to the lows experienced in 2022.
With the tech industry projected to generate 60,000 new job opportunities in FY23-24, as forecasted by NASSCOM, the sector continues its path towards recovery from the disruptions caused by the pandemic. Debjani Ghosh, President of Nasscom, emphasized the necessity for recalibration following the period of over-hiring during the COVID-19 pandemic, highlighting the industry’s resilience and adaptability in navigating evolving workforce dynamics.
