TCS Recognised as the Number One Top Employer in Australia for Third Consecutive Year
Tata Consultancy Services Received the Accolade for its Employee-friendly Workplace Practices and Continued Investments in Building Up Talent Across the Organisation
SYDNEY, February 5, 2021: Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS) a leading global IT services, consulting and business solutions organisation, has been named the Number One Top Employer in Australia by the Top Employers Institute, for the third successive year. In addition to the local ranking, TCS has been certified as a Global Top Employer for the sixth consecutive year.
The Top Employer Institute recognised TCS for its employee-friendly workplace practices and continued investments in building up talent across the organisation through professional development initiatives and digital skills programs.
At the onset of the COVID-19 pandemic, TCS rapidly enabled over 95% of its employees to work from home within a matter of weeks. In Australia, the TCS Innovation team created a COVID-19 chatbot that enabled local employees to find answers to any of their COVID-19 related questions.
With employees working remotely, TCS provided extra support to its workforce, including virtual counselling services and medical helpdesks for physical and mental wellness. A virtual engagement team was set up to keep employees connected and promote wellbeing.
The company’s continued investment in organic talent development, focus on upskilling and innovative training methods, learning platforms, and certifications, have resulted in industry-leading outcomes. To date, more than 366,000 employees globally have been trained on multiple new technologies, and over 444,000 have been trained on Agile methods.
TCS’ Contextual Masters program celebrates experienced employees who build up deep knowledge about the customer’s business and technology landscape on the job and use that contextual knowledge to create value. Over 10,000 individuals have been identified as contextual masters till date. This knowledge and the large pool of digital experts have been central to TCS’ engagements with some of the world’s top corporations in their growth and transformation initiatives.
This combination of purpose-driven people culture and world-leading HR practices have made the company the global industry benchmark in talent retention. Its attrition rate in IT services on a last twelve months’ basis was at an all-time low of 7.6% at the end of the December quarter. TCS’ 469,261 employees represent a diverse workforce comprising 147 nationalities, with women constituting 36.4% of the base.
“We are delighted to once again be recognised for our long-standing commitment to our employees to create a healthy and positive working environment through a progressive, ‘people-first’ HR approach,” said Vikram Singh, Country Head, TCS Australia and New Zealand.
About Tata Consultancy Services Ltd. (TCS)
Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world’s largest businesses in their transformation journeys for over 50 years. TCS offers a consulting-led, cognitive powered, integrated portfolio of business, technology and engineering services and solutions. This is delivered through its unique Location Independent AgileTM delivery model, recognized as a benchmark of excellence in software development.
A part of the Tata group, India's largest multinational business group, TCS has over 469,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $22 billion in the fiscal year ended March 31, 2020, and is listed on the BSE (formerly Bombay Stock Exchange) and the NSE (National Stock Exchange) in India. TCS' proactive stance on climate change and award-winning work with communities across the world have earned it a place in leading sustainability indices such as the Dow Jones Sustainability Index (DJSI), MSCI Global Sustainability Index and the FTSE4Good Emerging Index. For more information, visit us at www.tcs.com.
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