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HR POLICIES OF

TCS Shreyash Harish Bawangade

Enrollment no-20181008637406
 Company Profile

 Tata Consultancy Services (TCS) is a part of TATA group, India’s largest

conglomerate with diverse business interests.

 TCS currently offers IT services, consulting, business process outsourcing

(BPO), engineering services and IT infrastructure services.

 About 8,000 employees of their global workforce are from 65 different

nationalities including Chile, Brazil, China, Romania, Australia, Mexico, and
Hungary
 HR Policies

 TCS continues to have the lowest attrition rate in the industry 10.8 per cent as
against the industry attrition average of about 15 per cent

 The company believes in the promise that

“Good ideas can come from any level of the organization and teams can do better
than the individuals”.

 "The role of HR is to provide the context for energizing and developing people to
play effective roles in ensuring that TCS becomes one of the top global consulting
firms.
 Human Resource Planning
 Human resource planning involves getting the right number of qualified people into
the right jobs at the right time so that an organization can meet its objectives.

 It is the system of matching the supply of people with the openings the organization
expects over a given time frame.

 At TCS, its main objectives are:

 Forecast Personnel Requirements
 Use Existing Manpower Productively

 It is done at top level at the end of every quarter and for every project.
 Job Analysis
 TCS has attempted to create a segment solution to fit the needs of
different layers of job opportunities within its environment.

 It is based on
 Activity to be performed
 Skills required for that job

 TCS is ensuring that there is a constant supply of the right human

resources to the right career opportunities and that there is no
mismatch between the roles and the available skill sets.
 Recruitment and Selection
 It Depends on:
o Manpower cost
o Effectiveness
 External Recruitment can be on campus or off campus
 Off Campus process includes recruitments from:
o Advertisements
o Associate referral process
o TCS Job Portal
o Consultants
 Fresher
o Mainly Campus Placements
 Training and Development

 The primary motive of this consulting firm is to make its employees

knowledgeable about the on going practices in their respective domains.

 It has in place a well-planned induction programme for new recruits,

which includes two months of intensive training at its dedicated training
facility.

 The company is also providing employees with Just -in-time training

 It reinforces the concepts learnt during education/induction training

through on-the-job experience.
Compensation Management System

 TCS is reputed to be a world class employer which always cares for its
employees and maintains sound yet flexible HR policies.

 Its pay packages are designed in a way to accommodate for both the
basic and incentive components.

 The package is determined on the basis of the level (recruited for) and
the amount of experience an employee has.

 It is based on the EVA model i.e. Economic Value Added Model.

 Performance Appraisal
 The major objectives of performance appraisal at TCS are:

o Identifying employees for salary increases, promotion,

transfer and lay off or termination of services.
o Determining training needs for further improvement in
performance.
o Motivating employees by indicating their performance
levels.
o Quarterly Basis: Before confirmation by Speed 3 online
tool
 Employee Benefits

 Flexible Working Hours

 It has an Adoption Leave Policy benefits which is extended to male associates

also

 TCS also has other add-ons such as sabbaticals, joining spouse overseas, part-
time or work from home facility, holiday homes across the country and welfare
trust facilitation for higher education

 Also, as employees of the Tata group, associates get discounts on products and
services of other Tata Group companies
 Analysis of TCS HR policies as a Group

 Suggestions:
o It is better to encourage associates to attend various programs at premier B-
schools across the globe.
 Training and Development:
o Company is providing employees with Just -in-time training, for every fresher
which is more reactive in nature and caters to the skills related to specific to a
project.
o Learning and Development managers can develop and deliver programs that
will make their associates deliver value-for-money to their customers.
 Analysis of TCS HR policies as a Group

o They are helping to decide upon a pay raise where (as in the
unorganized sector) regular pay scales have not been fixed.
o Motivating employees by indicating their performance levels and
assess the training and development needs of employees.
 Suggestions:
o We suggest that for big companies like TCS, which has far flung
operations scattered around the world, they can create ‘one company,
one system’ performance management system.
o This will help the appraisal system to be consistent, and the team
meetings would be entirely Web based and Virtual, thus saving time.
Conclusion

 We had an excellent experience of interacting with HR manager of

TCS, Nagpur.

 Through this project we got a great opportunity of knowing the HRM

practices used in a corporate World.
THANK
YOU