When Low Pay Meets Low Security: Is TCS Risking Its Talent Pool?
TCS already pays less than the market standards... Still people joined because of TATA trust & that their employment is safe...but that factor is also gone now...now with less pay and job uncertainty, tcs will attract people with less talent which will hurt TCS in the long run when their projects will start failing... A service company treating its employees like a second citizen is ultimately digging its own grave
Nope.. Phase 2 will be hiring new talents with more money..
No one joins because of "TRUST"..
Their model is hire cheap and ripe the arbitration benifits. More or less they are still in body-shopping mode. And they are forgetting the same thing and will face the music.
So people will be reluctant to join on less pay...so as u said, they will have hire with market standard and eventually impact the margins. The very reason they started this game!
TCS is by and large not a product company and it sells services of people. A typical indian IT outsourcing company model. So this attemptbof mass layoffs like product company will now trigger more volenteery resignation. They are definitely shooting their margins in long run.
From what I’ve seen, a lot of folks accepted below-market pay because Tata’s stability reduced risk. If that’s no longer a factor, we should expect hiring quality, retention, and delivery to shift. If you have data showing otherwise happy to review.
Not really, they already lost the talent like me few years before because of these policies. I left because of poor salary in spite of the fact that whole project was dependent on me. Now they will hire skilled people with good salary, as they have money left because of firing of bench warmers.
Where do you work now?
It does not work like that, currently they are eliminating those whom they think are useless and liabilities to the organisation. Once that process is done, they will start hiring people having good skills on cutting edge technologies. They have already planned it last year but they have started implementing it now.
Yearly 40000 freshers join the company after 5 years only 50% remains, that too ones that are not good enough for open markets. The lower mid level was holding the company like pillars stretching their time. Now signal is, movement to upper mid level is risky so better to find decent pay outside
I left the org because of the shaddy politics and now this messy env . Fyi : TCS salary is atleast 50 percent lower than market standard . U will be easily absorbed in open market by other orgs. Least worry about TCS and focus on future target orgs and also prepare to crack interviews
Product company guys won’t join here
