The city-headquartered software services provider is recruiting 55,000 people during the current fiscal and it has issued 25,000 offer letters so far. The acceptance level of job offers for the company is currently at 72 percent.
IT major Tata Consultancy Services (TCS) today said most of the hirings are happening in Tier-I and II cities.
The city-headquartered software services provider is recruiting 55,000 people during the current fiscal and it has issued 25,000 offer letters so far. The acceptance level of job offers for the company is currently at 72 percent.
"Most of the hirings are happening in Tier-I and Tier-II cities. It is more about the location for which we are hiring the people," TCS Executive Vice-President and global head-HR Ajoy Mukherjee told reporters here.
The Tata Group firm said recruitment through new digital channels like Facebook and LinkedIn had reduced the amount of hiring for the company by third-party recruiters.
"We are piloting more digital training internally and we can extend this to campus hiring. We are using Facebook network for hiring purposes. In fact, it has helped us do more and more hiring in a direct manner, rather than depending on external agencies for the same," he added.
TCS is increasingly using emerging social media platforms to ramp up its workforce.
"Today, the entire hiring process has undergone a massive change. There is no paper work, rather we have a portal and aspiring people come in and register their names at the portal.
"Then they take up the platform to undergo online test and other recruitment-related processes. We have taken it up to the colleges," Mukherjee said.
"We have roped in external agencies, too, for hiring purposes. But, we are doing that in case of recruitment at senior levels only," he added.
TCS stock price
On June 03, 2014, Tata Consultancy Services closed at Rs 2130.30, up Rs 0.40, or 0.02 percent. The 52-week high of the share was Rs 2384.20 and the 52-week low was Rs 1382.10.
The company's trailing 12-month (TTM) EPS was at Rs 93.48 per share as per the quarter ended December 2013. The stock's price-to-earnings (P/E) ratio was 22.79. The latest book value of the company is Rs 224.90 per share. At current value, the price-to-book value of the company is 9.47.
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