The country’s largest software exporter, TCS, is keeping a close watch on the Comprehensive Immigration Reform Bill introduced in the US Senate this month and said that it could alter its business model according to the new law if required.
The Bill, among other things, is expected to spell out policies on the rights of American workers, labour related issues and on various visa programmes.
“We are keeping a continuous watch on the Comprehensive Immigration Reform Bill to see what form and shape it finally takes. We will have to change our business model to meet the final requirements,” said Ajoy Mukherjee, global head for human resources at TCS. “We are already planning for different scenario, for instance, increased onsite hiring.”
He said the company bagged close to 1,000 H-1B US visas in the current fiscal as against its earlier target of getting around 700 H-1B visas.
TCS that reported a robust 32 per cent rise in its second quarter profits had raised its hiring outlook for the current fiscal to 50,000 from its earlier estimate of 40,000. “Around 10 to 12 per cent of fresh hiring will be done overseas. Our plan is to hire more locals,” he said .
Last year also, the company had hired from local engineering colleges in the US.
He said increased local hiring would not mean lesser job offers in India, rather the expanding footprint of the company would mean hiring would increase in absolute numbers in India also.
“Students need not worry about loosing jobs to other countries rather they should concentrate on acquiring the necessary skill- sets as required by the IT industry,” said Mukherjee.