TCS is top US job creator with 40,000 employees |
India based multinational Tata Consultancy Services or TCS has become one of the top job creators in the United states of America. TCS 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. With its business improving, TCS`s 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 Wipro`s US employee base stood at 63.7% as of March this year, compared to 46.2% two years prior to that. TCS has already given 100% of the quarterly variable payout to 85% of its employees, but for the remaining 15% (senior level executives), it will vary depending on the business unit performance.
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