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Now, TCS will double pay of company’s ‘Hot Talent’

Source | www-thehindubusinessline-com.cdn.ampproject.org

The test is going to be one of the toughest tests in the industry, says TCS Chief Operating Officer

The rise of digital technologies and rapid change in skillset requirements are forcing companies such as Tata Consultancy Services (TCS) to take a complete relook at talent acquisition and retention.

TCS has been trying to re-imagine hiring in order to attract top talent in large numbers to support its growth. Last year, the IT services firm launched the TCS National Qualifier Test, which attracted nearly 2.2 lakh candidates. The process eliminated the need for campus visits and cut down hiring time to six weeks from the four months.

Of the 2.2 lakh candidates, TCS made offers to 30,000. But in the process, it was also able analyse who the potential outliers of these 30,000 were.

“We are offering the top people who took our national test another test. If they clear that test, we call them Hot Talent and they are offered double the salary,” Milind Lakkad, Executive Vice President and Global Head, Human Resources, told BusinessLine .

“In addition, we decided to do the same for internal employees. We’ve done it for employees with three years of experience. We’re giving them the same digital test,” Lakkad said.

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