“The pay increase will occur across all employee bands and (the amount) will be similar to what we have done in the past,” said Milind Lakkad, director of human resources.
The company added nearly 7,200 apprentices in India, around 1,000 in the United States and 100 in Europe during the second quarter. Overall, the company added 9,784 people in the last three months.
“We began adding new employees and increased our recruitment globally in the second quarter, anticipating the growth trajectory we see in the future,” he added.
Attrition fell to a record low of 8.9%, a drop of 120 basis points sequentially, perhaps due to a weak macroeconomic environment that discouraged people from switching.
The company lost 34 of its employees due to the coronavirus, said its chief operating officer, NG Subramaniam. “It was a challenging and difficult quarter and I dedicate this quarter to you,” he added. The pandemic has also shown that companies are investing in the cloud and discovering ways to move their digital business to the cloud. TCS said there was demand for public and private cloud services, spanning applications, infrastructure migration, modernization and digital workplace services.
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