‘We aren’t happy with attrition’ | business | Hindustan Times
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‘We aren’t happy with attrition’

Three days after declaring robust Q4 results, Ajoyendra Mukherjee, global head, HR, Tata Consultancy Services told HT there is no talent crunch in India as TCS looks to add 60,000 new people to its 200,000 workforce.

business Updated: Apr 25, 2011 21:33 IST
Shrenik Avlani

Three days after declaring robust Q4 results, Ajoyendra Mukherjee, global head, HR, Tata Consultancy Services told HT there is no talent crunch in India as TCS looks to add 60,000 new people to its 200,000 workforce. Excerpts:

TCS reported 14% attrition rate. Are you satisfied?
Our retention levels are the best in the industry. But we aren’t happy with the attrition figure and want to bring it down.

How do you plan to bring it down?
An employee quits for three reasons: career prospects, compensation and if he/she is unhappy with the work environment. We have taken measures to ensure people find the job challenging. We have a rotation policy where people move across locations. There are also talent management programmes and wellness programmes.

With the new US visa rules in place, are you facing problems?
Not only the US, Canada also has new visa rules now. We are increasing our local hiring especially for sales and marketing, practices jobs.