TCS reported a marginal decline in the number of women employees at 35.5 per cent as of June this year, but Lakkad said this is not an aspect of concern for the company and added that it has a slew of policies and measures in place before the pandemic itself wherein it has been flexible as an organisation to take care of employees’ needs.
Lakkad declined to specifically answer if it will close the fiscal year 2024-25 by hiring 40,000 freshers.
Likewise, when asked if it will close the fiscal on a positive number on the net hiring front ‘last year saw a decline in staffage amid business volatilities ‘Lakkad declined to give a specific answer.
To a question on whether the incidence of involuntary attrition has gone up as the company becomes more rigorous in assessing its employees, Lakkad said such an eventuality is not a core part of its HR strategy.
When a resource is hired, the company feels it is its responsibility to ensure that the talent is productive, he said, adding that it is only when there are skill mismatches over a period of time or productivity issues even after attempts are mounted to improve, that it resorts to involuntary attrition.
Meanwhile, amid a raging national controversy following the integrity of professional examinations, Lakkad said the focus on governance and ethics will have to continue, and added that technology can offer the solutions to avoiding instances of people gaming the system by helping in assessments and background verifications.
On SBI’s disclosure that 80 per cent of its fresher hires are qualified engineers, Lakkad said the country is producing a huge number of engineers every year and TCS does not see any concerns from a talent availability standpoint.
With the TCS management calling expanding on utilisation as a key metric to grow its profit margins, Lakkad said there still exists the headroom of a few percentage points to grow the number but made it clear that it will not “take it to the brim” and continue to have sufficient bench strength.
